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Crypto markets logged a series of milestones this week, with BTC reaching $87,000, ETH $2,800 and SOL $120 for the first time in nearly eight months. ETFs posted large net inflows, led by $2.4 billion into BTC, alongside $690 million into ETH and $188 million into SOL, helping lift total crypto market value back to $3 trillion. Regulators also moved on multiple fronts, including a Fed proposal that would allow banks to issue their own crypto stablecoins. Elsewhere, X rolled out social trading through partnerships with exchanges and brokers, while NYSE and BlackRock advanced broader access to tokenized U.S. stocks and tokenized investment portfolios.

Clients of crypto asset managers Bitwise and Franklin Templeton’s ETFs have recently bought a combined $22.65 million worth of XRP tokens. The purchases were made through regulated ETF channels, reflecting ongoing institutional allocation demand for XRP assets. Further details on the transactions, including timing, were not disclosed.

On September 24, The Clearing House selected Quant through a competitive process to provide the interoperability, orchestration and transaction management layer for its new OnChain Money Initiative. The Clearing House clears and settles more than $2 trillion every day, and the project is designed to let U.S. banks move tokenized commercial bank deposits. Following the announcement, QNT rose from roughly $69 to $104. QNT’s circulating supply is about 14.544M, with a maximum supply near 14.612M.

On Sept. 24, spot ETFs tracking Bitcoin ($BTC), Ethereum ($ETH), Solana ($SOL) and XRP ($XRP) all recorded net inflows. $BTC spot ETFs saw $190.65M in net inflows, while $ETH spot ETFs took in $66.01M. $SOL spot ETFs logged $32.81M in net inflows, and $XRP spot ETFs added $14.89M. The figures indicate increased allocation interest in the four crypto assets via regulated channels among institutions and large investors.

Tesla CEO Elon Musk said the automaker will stop accepting bitcoin as a form of payment, sending the cryptocurrency’s price lower. The move reverses Tesla’s earlier stance supporting crypto payments and has fueled market concerns about the outlook for broader cryptocurrency adoption.

LimitBreak and Magic Eden suffered a security attack in which an attacker exploited a V2 bug at 9AM EST and stole 305 NFTs. More than 12 hours later, researcher 0xQuit said thousands more NFTs were found to be exposed to risk. A whitehat team working with LimitBreak rescued 23,155 NFTs valued at more than $5.7M. V3 was paused in time, but a reverse exploit still drained 660 WETH, and users were urged to revoke approvals for specified ETH V2 and ApeChain V3 contracts.

US crypto ETFs recorded more than $3 billion in net inflows this week. Nearly $800 million of that went into crypto assets beyond Bitcoin, spanning tokens such as ETH, SOL, XRP and ZEC. The allocation suggests institutional positioning is spreading from BTC toward a broader mix of crypto assets. ETF products continue to draw large-scale mainstream capital, pointing to wider market acceptance of crypto assets.

Hyperliquid ecosystem protocol Hyperliquid Strategies has continued accumulating HYPE tokens. A strong price move in HYPE has translated into multi-million-dollar unrealized gains, according to the report. The report did not disclose the size of the position or a timeline for the added purchases.

Latest data show Ethereum’s (ETH) supply on centralized trading platforms has dropped to a record low, with just 3.49% of total supply remaining on exchanges. The metric suggests large amounts of ETH have been moved to cold storage wallets or staking protocols. As a result, readily tradable liquidity in the market has tightened significantly.

An Upbit official interview says XRP Ledger is increasingly being used to tokenize real-world financial assets such as gold, silver, real estate, stocks, Treasuries and money market funds. As more assets sit on one network, the number of potential direct trading pairs expands sharply, with 100 assets implying nearly 5,000 pairs. As of early September, Ondo’s OUSG had more than $670M in TVL and RLUSD had roughly $2.396B circulating. Upbit Data Lab reported that XRP accounted for 20.19% of Korea’s crypto trading value, and on September 17 the U.S. SEC issued temporary conditional relief allowing qualifying tokenized U.S.-listed stocks to trade via permissioned on-chain AMM environments.