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Ethereum ETFs extend losses for fourth day as ETH slips to $3,900

Ethereum ETFs have suffered another day of outflows, dragging ETH below the key $4,000 mark as institutional sentiment turns bearish. Summary Ethereum ETFs posted outflows reaching $251 million on Sept 25, the largest single-day redemption this week, reflecting sharp institutional pullback. Fidelity’s FETH fund accounted for over 60% of the day’s losses, with $158 million…

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Taiko layer 2 rolls out Hoodi testnet as Hekla nears sunset 

Taiko has introduced its new public testnet, Hoodi, which now serves as the primary developer environment. Summary The new testnet becomes the main environment as Hekla and Ethereum’s Holesky are deprecated. Hoodi adds preconfirmation support to improve transaction testing and simulate mainnet conditions. Developers must shift to Hoodi and withdraw assets from Hekla before Sept….

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SharpLink to tokenize Nasdaq-listed SBET shares on Ethereum

SharpLink is set to become the first public company to issue its Nasdaq-listed SBET shares natively on Ethereum, appointing Superstate as digital transfer agent to oversee compliant onchain issuance. Summary SharpLink plans to tokenize its Nasdaq-listed SBET shares directly on Ethereum. Superstate’s Opening Bell platform will manage compliant onchain issuance. The partnership extends beyond issuance,…

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