Bitcoin Market Cap Surpasses Tesla Again as BlackRock ETF Sees $120M Inflows

Bitcoin (BTC) market capitalization surpassed Tesla again as of 10 p.m. on September 19, reaching $163 billion (approximately 226.2 trillion KRW), compared to Tesla's $143.8 billion (about 199.5 trillion KRW). At the same time, Bitcoin rose 5.05% over 24 hours while Tesla shares fell 0.53%. Block Media reported that Bitcoin has returned to the global asset market capitalization top 15.

BlackRock's spot Bitcoin ETF (IBIT) saw $120 million in inflows, with Fintech News reporting that over $120 million worth of Bitcoin was added to BlackRock's iShares Bitcoin Trust (IBIT) in the recent trading week. The impact on Bitcoin price from daily inflows was not specified.

Argentina announced it will begin automatic virtual asset transaction information exchange by September 2029, implementing the OECD's CARF reporting framework. The OECD Global Forum noted that 77 jurisdictions have committed to CARF implementation.

The Federal Reserve raised its benchmark interest rate by 0.25 percentage points for the first time in three years, adjusting the federal funds rate target range to 3.75%-4.00%. Upcoming events include a $25.3 trillion U.S. Treasury auction next week, Donald Trump's Iran policy decision, and yen market movements.

U.S. President Donald Trump and Chinese President Xi Jinping are scheduled to hold a summit on September 24 in Washington, discussing tariff ceasefire extensions and reduced tariffs on certain non-strategic goods. AP reported that President Xi arrived at Andrews Air Force Base near Washington on September 23, with President Trump set to host a welcome ceremony and summit at the White House on September 24.

The U.S. military removed mines from the international waterway in the Strait of Hormuz, opening it for international shipping. The U.S. Central Command stated that mines installed on the strait were cleared, though commercial shipping levels have not yet returned to pre-conflict norms.

Google's Threat Intelligence Group revealed that the iOS exploit DarkSword has been used in attacks targeting users in Saudi Arabia, Turkey, Malaysia, and Ukraine since November 2025. The tool exploits six vulnerabilities in iOS 18.4-18.7 to take control of devices and collect cryptocurrency wallet and account information, prompting recommendations for the latest updates.

XRP Ledger's BatchV1_1 received support from 30 out of 35 validators, with a requirement that it maintain over 80% support for 14 days before being implemented on the mainnet on September 29. The feature is designed to bundle up to eight transactions into a single operation for processing or cancellation.

Solana reduced its target slot time from 300 milliseconds to 250 milliseconds, shortening block creation intervals by approximately 17%, though computational and data limits per slot also decreased, meaning the network's total throughput did not increase proportionally. CoinDesk reported Solana has transitioned to a 250-millisecond target slot time based on blockchain data.

Hyperliquid's HYPE token burn volume reached approximately $4.5 billion (about 6.2415 trillion KRW), with an additional 26,300 tokens burned in the last 24 hours. Odele reported this figure represents the current value of HYPE burned after purchase.