After successes with spot Bitcoin ETFs, BlackRock is looking to tokenize ETFs on the blockchain. The reasoning behind this is that tokenization will allow ETFs to be used as collateral in DeFi applications and also allow them to trade outside of market hours.
While ETFs are becoming the top investment vehicles, ETF tokenization is potentially a lucrative yet uncharted endeavor.
Pi Network’s price prediction is finally turning bullish, with many calling for a breakout. But analysts say the real asymmetric upside is in DeepSnitch AI, a presale combining hype with real AI utility.
Stage one pulled in over $193K at just $0.01634, and many analysts argue this early entry could be the kind of 100x run Pi can no longer deliver.
Does ETF tokenization have a future?
According to a Bloomberg Report from September 11, BlackCrock is exploring options of tokenizing ETFs tied to RWAs, such as stocks. Such a move could facilitate 24/7 trading and trading using shares as collateral on DeFi networks.
BlackRock has already made progress in this arena, having tested tokenized shares on the Kinexys blockchain, with the company’s CEO, Larry Fink, claiming that every financial asset can be tokenized.
However, the question of navigating regulatory hurdles remains.
New strides in this area may be a result of the sheer popularity of ETFs, which, according to Morningstar, outnumber even publicly listed stocks.
More precisely, there are 4.2K US-listed companies. On the other hand, over 4.3K ETFs are available and account for 25% of all investment vehicles, including unit trusts and mutual funds.
In addition to bridging DeFi with traditional finance, tokenization could let investors experienced with ETFs dip their toes into crypto without directly handling digital assets. This would not only normalize Blockchain technology but could also expand liquidity for both crypto and traditional markets.
Eric Balchunas, senior ETF analyst for Bloomberg, believes tokenization may not add additional value for consumers, as on-chain users represent a small fraction of global consumers.
As the potential of tokenizing ETFs remains to be seen, traders were actively looking for high-potential crypto coins in order to capitalize on the bullish market sentiment on September 11.
Explosive crypto picks this September
1. DeepSnitch AI: Whales pump presale to $200k, analysts tip 100x
Fresh on the scene, DeepSnitch AI hauled $193K in stage one almost instantly, a presale pace that has analysts calling it a potential 100x runner.
While the wallet-friendly price of $0.01634 likely contributed to the appeal, some early investors genuinely believe in the functional utility that DeepSnitch AI brings to the table.
By building a tool that deploys five sophisticated AI agents that specialize in digging up crucial analytics, DeepSnitch AI aims to help traders make faster and smarter decisions.
In a market where whales reign supreme, this project might not be able to make the inequality disappear, but it may at least bridge the gap. For instance, DeepSnitch AI agents help track whales, unveil on-chain data, find alpha news, evaluate contract risk, and screen tokens.
Users will be able to access this information from an AI-powered dashboard with an advanced alert system.
Early investors will receive priority access to all the announced features. This includes exclusive access to each AI agent as it’s released, as well as the dashboard.
Now priced at just $0.01634, analysts say this early entry could hand early backers outsized gains once it hits the market.
With each stage pushing the price higher, FOMO has kicked in, with investors rushing to the DeepSnitch AI website to bag DSNT tokens before the next jump.
2. Pi Network price prediction: Is PI doomed to fail?
Pi Network never seemed to hit its stride, so plenty of traders simply abandoned it. Yet, one whale may be singlehandedly sparking hype for PI.
In early August, one whale bought 331 million PI, with an approximate value of $148.5M. Despite a significant drop, the whale continued accumulating tokens, leading analysts to believe the entire set of moves was calculated.
The purchases continued until September, bringing the whale’s holdings to 371M worth of PI.
Many claim that Pi network is a ghost chain, which likely contributed to a low price and compelled the whale to buy low with the intention of selling during a peak.
According to CoinMarketCap data, PI traded at around $0.3548 on September 12.
Technical analysis indicates that the coin may rally soon, at least according to a falling wedge pattern with two converging and falling trendlines.
Other sources project $0.36 in the first half of September, with a breakout above $0.38 potentially triggering a surge toward $0.42, and ultimately even $0.47.
3. Sui: Does SUI have what it takes to break $5?
SUI has been performing well since August 12, when Grayscale unveiled asset trusts related to the Sui ecosystem.
SUI struggled to decisively break out of the $3.40 zone at the beginning of September. However, it eventually started climbing on September 7, before the $3.60 level on September 12, according to CoinMarketCap.
Analysts are generally bullish on SUI, with short-term expectations set at $4.60, with the possibility of the coin eventually reaching $5.00 in 2026.
Sui’s framework and secure programming will likely continue attracting additional users. Moreover, the market is still awaiting Fed rate cuts, which may provide SUI with the bullish push it needs to reach the status of trending blockchain tokens.
Final verdict: A September full of surprises
With BlackRock finding new avenues of growth, and the Pi Network price prediction finally turning bullish, the rest of September will likely continue throwing curveballs.
The Fed rate cuts may cause positive shockwaves across the markets, which may help some of these coins surge even higher.
DeepSnitch AI hardly needs extra hype, as it already pulled in $193k during stage one of its presale. Some investors are buying for the utility alone, before even factoring in the rock-bottom price of only $0.01634.
But the real draw is the upside. Analysts argue DSNT could be one of the rare 100x runners of this cycle, meaning today’s entry may never be this cheap again.
Visit the official website to learn more.
FAQs
1. What is the Pi Network price prediction for 2025?
Analysts suggest PI may rally from a $0.35 level to reach $0.38, and push toward $0.42.
2. Why do investors praise DeepSnitch AI?
Many investors point out the real-world utility of the project and believe its approach to AI agents and analytics is innovative. Moreover, DeepSnitch AI is also affordable, which may have helped it raise close to $200K during the first stage of the presale alone.
3. How could BlackRock’s ETF tokenization impact Pi Network and other altcoins?
ETF tokenization could expand liquidity and bridge traditional finance with DeFi, creating a bullish environment that may lift altcoins to new heights.
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