BTC Spot ETFs Record $1 Billion in Single-Day Net Inflows【MEXC Alpha Trader – Daily Market Brief (September 24, 2026)】

I. Macro & Market Sentiment

· Market Data: BTC $83,800 (-3.89%) | ETH $2,674 (-3.94%) | SOL $114.84 (-3.98%)

· Market Sentiment: Funding Rate +0.0049% | Fear & Greed Index 71 (Greed)

· Tightening Expectations: The 10-year U.S. Treasury yield rose to 5.081%, while the U.S. Dollar Index reached 101, with long-end yields and the dollar moving higher in tandem. Read more

· Inflation Expectations: WTI crude reached $92/barrel, up 2.82% intraday, as the energy risk premium continued to feed into inflation pricing. Read more

II. Trading Signals / Key Themes

· [Today's Focus] BTC | ETF flows hit a year-to-date high, but aggregate spot demand remains negative.

· As the market's primary liquidity anchor, BTC spot ETFs recorded $1 billion in net inflows in a single day, a new high for the year; 30-day spot demand remained at -180,000 coins.

· Takeaway: Renewed inflows through traditional finance channels coexist with weak on-chain spot demand, leaving price volatility more dependent on marginal ETF buying and derivatives positioning.

· Read more: 1 2

· [Unusual Move] HYPE | On-chain perpetual futures open interest reaches a record high as leveraged positions expand.

· As a cash-flow proxy for the on-chain perpetual futures sector, Hyperliquid's bilateral open interest reached a record $18 billion.

· Takeaway: Rising open interest improves market depth, but also increases sensitivity to funding-rate shifts that can trigger cascading liquidations.

· Read more: 1

· [On-Chain] SOL | Alpenglow public testnet targets 150-millisecond finality, reinforcing its positioning for high-frequency settlement.

· As a proxy for high-frequency on-chain activity throughput, Solana has launched the Alpenglow public testnet, targeting a reduction in finality from around 12.8 seconds to 150 milliseconds.

· Takeaway: Faster finality improves settlement efficiency for payments and trading, though the network currently supports only a single client and remains in the technical validation stage.

· Read more: 1

III. Regulation & Major Events

· SEC | Commissioner Uyeda said several crypto lawsuits have been dropped, while an innovation exemption pilot for tokenized securities is advancing. Read more

· Hong Kong Monetary Authority | CMU plans to launch 24/7 real-time on-chain settlement by year-end and is exploring the acceptance of tokenized deposits and regulated stablecoins. Read more

· Polygon | QiDao stablecoin miMATIC fell to around $0.86, trading at a discount of approximately 14% to its peg. Read more

IV. Platform-Exclusive Benefits

· Loss Compensation Campaign (Phase 3) (Futures)

· Alpha Trader September Welcome Campaign (Futures)

· Alpha Trader September Trading Competition (Futures)

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Recommended Reading: MEXC On-Chain Daily Report: Robinhood Chain Stock Tokens Reach $10.4 Billion in DEX Trading Volume Over the Past 30 Days

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