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Franklin ETF clients purchased $5.14 million worth of XRP tokens. The purchase was executed through a Franklin ETF product, indicating institutional participation in the XRP market via traditional finance channels. Details of the transaction and the reasons for the purchase have not been disclosed.

Kii has launched an abstracted FX trading page for its payments network, bringing on-chain FX swaps, cross-border payments and instant pay-in/payout into a single interface. The system uses a hybrid matching engine that bridges on-chain liquidity with centralized quotes, giving some currency pairs round-the-clock trading. Kii says the roadmap includes AI agent FX settlement, and project data show more than $600 million in cumulative volume, over 20 enterprise clients and more than 360,000 users with roughly 10% monthly growth, signaling rising real-world adoption of on-chain FX.

The new token GRND went live on Raydium, a decentralized exchange on the Solana blockchain, for about 1 hour. In the early trading period, cumulative volume topped $11.4M+. More than 150K trades were completed, with over 34K wallets participating.

Ethereum ETFs posted $129.5M in net inflows over the last five trading sessions. Over the same period, ETH outperformed Bitcoin by 8.0% over 30 days. Network fees rose 18.0% over the month, indicating increased on-chain activity. ETH is currently 3.6% below its 30-day high, according to CoinMarketCap AI Insights.

Bitcoin spot ETFs saw a net outflow of $120.24 million on September 11, ending a run of inflows over the prior days. Over the same period, ETFs tracking XRP and Ether recorded net inflows, indicating capital rotation from Bitcoin into other major crypto assets. The data points to a short-term drop in investors’ risk appetite for Bitcoin and increased allocation demand tied to the XRP and Ether ecosystems.

Solana recorded its highest-ever daily token launches, with more than 263,000 new tokens created in a single day. Circle also minted another 250M $USDC on Solana in the last 24 hours. The data point to sustained on-chain activity on the network. Developers and project teams are moving into the Solana ecosystem at a faster pace.

A group of 37 European banks has launched a euro-denominated stablecoin on the Ethereum network, aiming to enter a $300B market. The move signals large-scale adoption of on-chain payments infrastructure by traditional banking players. The stablecoin will run directly on the Ethereum blockchain, offering euro-area users a bank-backed tool for on-chain payments and settlement.

Clients of Franklin’s exchange-traded fund (ETF) bought $1.55 million worth of XRP. The purchase was executed via a compliant ETF channel. The transaction indicates institutional demand for XRP exposure.

Crypto mining company Bitmine’s ether holdings are nearing the 5% threshold of ETH’s total circulating supply. Data show the firm has continued to accumulate ETH, drawing attention to the size of the balance held at its on-chain address. At this level, Bitmine is becoming one of the more significant institutional holders in the Ethereum ecosystem, potentially affecting market liquidity and token distribution.

Tokenized stocks recorded $1.01 billion in trading on Saturday and Sunday, roughly matching activity seen in Friday’s full session. U.S. stock exchanges were closed for 89 hours over the Labor Day weekend. The most actively traded name was a tokenized Nasdaq100 fund issued on BNB Chain, which saw $180.5 million in weekend volume. This highlights continued trading in on-chain synthetic assets while traditional markets were shut.