$LIT-USD

Bitwise launched the BLIT ETP on Deutsche Börse Xetra, tracking Lighter's native token (LIT). Bitcoin reached $80,000 as spot Bitcoin ETFs saw $1 billion inflows. Cosmos Hub validators paused the chain to move 1.2 million ATOM from an attacker's wallet. Ondo Stocks enables institutions to swap shares for tokens, reducing cash requirements on Ethereum and BNB Chain.

Bitwise launched the Bitwise Lighter Staking ETP (BLIT) on Deutsche Börse Xetra, Europe's first ETP tracking LIT, the token of the Lighter decentralized derivatives platform. The product, with a 0.85% expense ratio, offers regulated exposure to LIT without direct ownership. Staking rewards will start once sufficient assets under management are reached. Lighter competes with Hyperliquid in perpetual futures trading, with nearly $1.8 billion in 24-hour volume.

Bitwise launched the Bitwise Lighter Staking ETP (BLIT) in Europe, tracking LIT, the native token of decentralized derivatives platform Lighter. The ETP, listed on Deutsche Börse Xetra, is backed by LIT in cold storage and has a 0.85% expense ratio. Staking rewards will start once sufficient assets under management are reached. Lighter competes with Hyperliquid in the decentralized derivatives market, with nearly $1.8 billion in 24-hour trading volume, according to CoinGecko.

Bitwise launched the Bitwise Lighter Staking ETP (BLIT) on Deutsche Börse Xetra, tracking LIT, the native token of Lighter, a decentralized exchange. The ETP offers exposure to LIT and potential staking rewards, reflecting investor interest in platforms combining crypto and traditional assets. Lighter allows users to trade crypto and real-world asset derivatives onchain, including perpetual futures contracts for major stocks like Apple, Amazon, and Tesla.

Lighter ($LIT) surged 13% in 24 hours, reaching $4.67, after its perpetual DEX was added to Robinhood Wallet. It outperformed Hyperliquid ($HYPE) and Ethereum ($ETH) with 465% gains over five months. Trading volume and open interest increased, with fees rising from $124K to $195K. Network activity tripled in six days, but future gains are uncertain.

LIT, ZEC, and RAIN cryptocurrencies show strong technical breakouts, trading near recent highs. LIT is at $3.39, up 25% weekly and 57% monthly, targeting $3.98. ZEC is near $807, up 75% in 30 days, aiming for $1,099. RAIN is around $0.01766, with a potential target of $0.02214. Support and resistance levels are key for further price movements.

LIT surged 9.4% to $3.56 on August 24, 2026, driven by a Robinhood Chain points farming campaign and whale accumulation. The token's market cap is $890.37M with a 24-hour volume of $94.11M. Speculation about an 8M token unlock poses a potential downside risk. Institutional inflows and regulatory clarity support its performance.

Bitcoin rose 0.54% to $65,209 and ether gained 0.86% to $1,925 as reports said Iran may strike a deal with Oman to reopen the Strait of Hormuz, lifting Nasdaq 100 futures 0.45%. Altcoins were mixed, with Pump.fun (PUMP) up 5.39%. Liquidations fell 32% to $85M; BTC open interest slipped below 750K.

Crypto prices were mixed as oil rebounded above $90 after Iran missile attacks and the Fed stayed on hold but three officials voted for hikes. Bitcoin traded around $63,915 to $64,213, with about $286 million liquidated in 24 hours, per CoinGlass. UNI, INJ, and ZEC rose while some altcoins showed bearish derivatives.

Bitcoin fell about 2% after South Korea’s Kospi dropped 11%, one of its worst days in years. The U.S. Senate shelved the Crypto Clarity Act, citing other priorities, ahead of a Fed decision. Ether slipped to about $1,880. Risk assets and some crypto tokens declined as derivatives positioning turned more bearish.