U.S. semiconductor chip sector rallied in pre-market trading, with most individual stocks surging more than 3%.

Aave founder Stani commented on the SEC’s approval of limited trading of tokenized stocks on on-chain platforms, noting: "A special treatment for innovation has emerged, and this is of major significance for the on-chain finance sector."

Sept 17 Update: #Bitcoin ETFs: 1D NetFlow: -4,300 $BTC(-$328M)?? 7D NetFlow: -12,061 $BTC(-$919.92M)?? #Ethereum ETFs: 1D NetFlow: -76,217 $ETH(-$186.28M)?? 7D NetFlow: -32,343 $ETH(-$79.05M)??

According to BIT (bit.com) market data, after the opening of US stock trading, the semiconductor and storage sector, crypto-related stocks, and optical communication sector all rallied across the board. Specific gains are as follows: In the semiconductor and storage sector: Seagate Technology (STX) rose 1.93%; Western Digital (WDC) gained 1.92%; SanDisk (SNDK) jumped 6.16%; Micron Technology (MU) increased 5.62%; SK Hynix ADR rose 5.57%; DRAM ETF climbed 4.28%; NVIDIA (NVDA) added 1.87%; Intel (INTC) gained 4.48%; Advanced Micro Devices (AMD) rose 3.53%; Broadcom (AVGO) increased 2.61%; Qualcomm (QCOM) gained 2.83%. In crypto-related stocks: Strategy (MSTR) rose 2.41%; Coinbase (COIN) gained 1.57%; Circle (CRCL) jumped 3.29%; BitMine Immersion (BMNR) increased 3.16%; SharpLink Gaming (SBET) rose 3.13%. In optical communication-related stocks: Pure Photonics ETF (FOTO) climbed 3.32%; Marvell Technology (MRVL) jumped 6.04%; Applied Optoelectronics (AAOI) gained 4.11%; Lumentum Holdings (LITE) added 1.25%; Coherent Corp. (COHR) rose 4.42%; Ciena Corporation (CIEN) increased 6.13%; Fabrinet (FN) gained 2.66%; AXT Inc. (AXTI) rose 4.34%; Nokia (NOK) jumped 5.63%.

According to monitoring by Onchain Lens, address 0xf02d...3454c6 sold 3.4364 million HYPE spot tokens today, valued at roughly $27.45 million, while still holding a HYPE short position worth approximately $30.23 million. The address has incurred a $5.82 million loss over the past 30 days, with a cumulative lifetime loss of $6.79 million.

As the market rebounded, trader 0x3bca's short on 939.74 #SP500 ($7.19M) was fully liquidated!

Robinhood CEO Vlad Tenev commented on the SEC’s approval of limited trading for tokenized stocks on on-chain platforms, stating: “Tokenization is coming to the U.S. Thanks to the SEC’s leadership, Americans can finally start reaping the benefits of tokenization—including instant settlement, round-the-clock trading, and default support for fractional trading. This is a good day for U.S. innovation, as more users will gain access to crypto technology and the wide range of financial innovations it enables.”