Odaily reports: According to a report from financial investment data firm PitchBook, its base-case valuation for prediction market platform Kalshi is approximately $30.4 billion, with a valuation of up to $42.1 billion under a strong market performance scenario and approximately $22.8 billion under a bearish scenario. Kalshi completed a $1 billion Series F funding round in May this year at a post-money valuation of $22 billion.

PitchBook expects Kalshi's revenue to reach $6.4 billion by 2030, with adjusted profit reaching $3.7 billion. However, regulatory risk in sports prediction markets is a key variable affecting its valuation. Currently, the sports market contributes approximately 69.9% of Kalshi's event fee revenue, and this share rises to 82.4% when including Exotics products such as multi-game parlays.

Odaily News: According to SEC disclosures, Robinhood CEO Vladimir Tenev sold 259,166 shares of HOOD on September 21 at an average price of $125.58 per share, with a total transaction value of approximately $32.5456 million.

Following the transaction, Vladimir Tenev's directly held HOOD shares decreased to 6,907, a reduction of approximately 97% compared to before the transaction.

Odaily reports, according to RWA.xyz data, that tokenized stock protocols currently exhibit diverse characteristics in terms of assets under management and breadth of underlying assets.

In terms of assets under management, the top five platforms are Ondo (approximately $882 million), bStocks (approximately $754 million), xStocks (approximately $576 million), Securitize (approximately $424 million), and Bitget's RWA protocol Reality (approximately $162 million).

Furthermore, in terms of the breadth of underlying asset coverage, Reality currently supports 2,160 stocks and ETF underlying assets, making it the protocol with the largest number of underlying assets in this sector. xStocks and Dinari follow with 1,028 and 692 underlying assets, respectively.

Odaily News: According to SoSoValue data, yesterday (September 23, US Eastern Time), Ethereum spot ETFs recorded a total net inflow of $105 million.

The Ethereum spot ETF with the highest single-day net inflow yesterday was BlackRock's ETF ETHA, with a single-day net inflow of $50.7996 million. ETHA's historical total net inflow has now reached $13.206 billion.

Next was Fidelity's ETF FETH, with a single-day net inflow of $41.2754 million. FETH's historical total net inflow has now reached $2.395 billion.

The Ethereum spot ETF with the highest single-day net outflow yesterday was Grayscale's Ethereum Mini Trust ETF ETH, with a single-day net outflow of $4.0901 million. ETH's historical total net inflow has now reached $2.015 billion.

As of press time, the total net asset value of Ethereum spot ETFs stands at $17.505 billion, with the ETF net asset ratio (market value as a proportion of Ethereum's total market value) reaching 5.37%, and cumulative historical net inflows have reached $13.787 billion.

Odaily reports that according to SoSoValue data, yesterday (September 23, US Eastern Time), Bitcoin spot ETFs recorded total net inflows of $347 million.

The Bitcoin spot ETF with the highest single-day net inflow yesterday was BlackRock's ETF IBIT, with a single-day net inflow of $166 million. IBIT's historical total net inflow has now reached $65.023 billion.

This was followed by Fidelity's ETF FBTC, with a single-day net inflow of $143 million. FBTC's historical total net inflow has now reached $11.001 billion.

As of press time, the total net asset value of Bitcoin spot ETFs stands at $108.663 billion, with the ETF net asset ratio (market cap as a percentage of Bitcoin's total market cap) reaching 6.42%, and cumulative historical net inflows totaling $57.222 billion.

Odaily News: On September 24, Ave.ai announced the listing of the $OURA contract trading pair, providing users with a trading gateway to Oura Pre-IPO related assets.

Oura is a global smart health platform. Its core product, the Oura Ring, continuously collects physiological signals such as sleep, activity, readiness, and heart health in a ring form factor, and provides personalized health insights. It has become one of the most representative companies in the wearable health sector.

It is reported that Ave.ai's listing of $OURA contract trading will further enrich the platform's contract trading asset offerings, providing users with more trading opportunities around health tech, wearable devices, and Pre-IPO market trends.

Currently, Ave.ai supports up to 5x leverage for $OURA contract trading.

Odaily News: LD Capital founder Yi Lihua posted that 20 days ago he predicted Bitcoin would face significant resistance upon rising to around 86, and believed that closing long positions near that level would be the better choice.

JackYi stated that despite the short-term pullback, he still maintains a bull market outlook and is not considering shorting. He believes bull markets do not rise in a straight line, and each pullback may present new entry opportunities. He also emphasized the importance of timely stop-losses and risk management in trading.

Odaily reports that the Bank of Russia has amended mutual fund investment rules, allowing funds aimed at professional investors to invest in settlement indices linked to digital currency quotes.

Retail mutual funds may allocate a portion of their portfolios to unlisted Russian securities and foreign securities, including tokenized securities and shares of U.S. exchange-traded funds linked to cryptocurrency prices, with an investment cap of 10% for such assets; the cap for closed-end funds is 20%.

According to Lookonchain monitoring, as Bitcoin declined, a whale bought another 536.93 BTC 6 hours ago, worth $45.28 million. Over the past 20 days, this whale has accumulated 2,460 BTC, worth $194 million, with an average purchase price of $78,966.

Odaily reports that according to an official announcement, Bitget has listed perpetual futures for two stocks: URNM (Sprott Uranium Miners ETF) and WBD (Warner Bros. Discovery). These contracts are settled in USDT and support up to 20x leverage and 24/7 trading. As of now, the Bitget platform supports a total of 327 stock contract underlying assets.

Odaily: Several UK banks, including Lloyds, NatWest, Barclays, and HSBC, have completed the world's first interbank transactions using tokenized deposits.

Odaily reports that Polygon Foundation CEO Sandeep Nailwal posted that 100 million POL tokens have been permanently burned, accounting for approximately 1% of the total supply.

Previously, Sandeep Nailwal stated that the relevant burn contract was ready and could be triggered by any community member, and noted that the community could consider conducting a POL burn on a quarterly basis in the future.

Odaily News: US Treasury Secretary Scott Bessent, who presided over this week's trade negotiations with China, said in an interview with Fox News that the US and China have agreed to extend the trade truce agreement by two months beyond its November expiration.

The truce was reached last year in South Korea. Before that, President Trump imposed high tariffs on Chinese exports, and the two countries became locked in a tit-for-tat trade war. The truce included: the US pausing some tariffs and other restrictions on China's economy, while China agreed to stabilize supplies of rare earth minerals needed for American cars, semiconductors, aircraft, power tools, and other products.

Bessent said the agreement will be extended to January 10 next year, "giving us more time to explore what measures can be taken in the economic sphere."

Odaily News: Hyperbot data shows that whale Loracle has added to a 3x leveraged PONS short position. The position now holds 984,765 PONS and has turned from a loss to a profit, currently showing a small unrealized gain of approximately $55,000.

In addition, Loracle's 20x leveraged gold long position is worth approximately $41 million, with an unrealized loss of nearly $1 million. It currently also holds short positions in altcoins such as ENA, NEAR, and CASHCAT, as well as short positions in US stocks including SanDisk, Nvidia, and Micron. The short position value is approximately $79.29 million; the overall position has an unrealized loss of approximately $7.75 million, with a return on investment of negative 41%.

Odaily reports: After Apple integrated ChatGPT into Apple Intelligence, the new weekly active users and paid subscription conversions it brought to OpenAI both fell short of expectations. By the summer of 2025, OpenAI internally had concluded that the partnership's performance was "significantly below expectations."

Documents show that ChatGPT is disabled by default in Apple Intelligence and requires users to manually enable it, which may have limited actual usage rates. OpenAI had hoped to leverage the iPhone user base to expand ChatGPT's reach and drive paid conversions, but the documents did not disclose specific user or subscription figures.

Additionally, Apple chose Google Gemini as the model foundation for the new version of Siri AI this year. The relevant information comes from litigation documents and reflects OpenAI's position in the lawsuit, rather than operational data publicly disclosed by either party. (Financial Times)

Odaily News: The Basel Committee on Banking Supervision's latest statistics on bank crypto asset activity for the second half of 2025 show that prudent exposures at banks remained broadly flat overall; in the Americas, ETH's share rose to 38.5%, while SOL and XRP accounted for 7.8% and 5.6% respectively, with other regions shifting more toward stablecoins. On the client-related activity front, the Americas grew 93% to EUR 6.4 billion, while Europe fell 25% to EUR 1.9 billion.