1. State Street and Galaxy Launch Three New Crypto ETFs
2. CleanSpark Acquires Seven Mining Sites in Tennessee
3. Bitfarms Postpones Special Meeting Over Riot Board Changes

According to Matt Hougan, chief investment officer at Bitwise, wealth advisers are adopting Bitcoin exchange-traded funds (ETFs) faster than any previous ETFs in history.

State Street and Galaxy Launch Three New Crypto ETFs

Asset managers State Street Global Advisors and Galaxy Asset Management announced the launch of three new cryptocurrency ETFs on September 10. These ETFs aim to capitalize on the growth of Web3. They include the SPDR Galaxy Digital Asset Ecosystem ETF, SPDR Galaxy Hedged Digital Asset Ecosystem ETF, and SPDR Galaxy Transformative Tech Accelerators ETF.

CleanSpark Acquires Seven Mining Sites in Tennessee

Bitcoin miner CleanSpark has reached an agreement to purchase seven cryptocurrency mining facilities and associated land in the Knoxville, Tennessee area. The new acquisitions will increase CleanSpark’s hashrate by 22%. CleanSpark is purchasing the new facilities from Exponential Digital for $27.5 million and expects the deal to close by September 25.

Bitfarms Postpones Special Meeting Over Riot Board Changes

Bitfarms has rescheduled its October shareholders' special meeting to November 6 in response to demands for changes to the company's board of directors from its largest shareholder, Riot Platforms. Riot issued an open letter to Bitfarms shareholders on September 3, outlining its ongoing efforts to address Bitfarms' governance issues.

Despite some corporate conflicts, the cryptocurrency market continues to evolve, attracting attention from major financial players.