Market Signal Briefing

Tue, 30/09/2025 - 12:10

USDT issuer Tether purchases $1,000,000,000 worth of Bitcoin on very last day of Q3

Cover image via U.Today

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

On the last day of Q3, 2025, Tether added another block of Bitcoin to its reserves, moving $1 billion into 8,888.889 BTC. Spotted by Onchain Lens, the transfer went directly from Bitfinex hot wallets to Tether’s reserve address. This marks one of the largest inflows recorded in 2025 for the stablecoin issuer.

Financial reporting for Q3 closes today, so it is a time when major players typically adjust their books. 

Source: ArkhamThe amount — 8,888.889 BTC — is no accident either, as Tether often uses round, symbolic numbers for reserve allocations. At current market prices of nearly $113,000 per Bitcoin, this move represents a $1 billion increase in its holdings.

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How much Bitcoin does Tether have?Tether's last attestation report, dated June 30, estimated its Bitcoin reserves at nearly $9 billion. Today’s purchase increases the BTC portion by about 11%, keeping it well ahead of gold and approaching a double-digit share of the balance sheet.

On-chain history shows that this is part of a longer pattern. Over the past two years, the USDT issuer has repeatedly moved blocks of Bitcoin worth between $700 million and $1.4 billion into its reserves, often during periods of market tension — something that could be attributed to the current state of crypto as well.

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A multiyear scheme defrauded more than 128,000 investors across Asia.

Published:
September 30, 2025 │ 12:00 PM GMT

Created by Kornelija Poderskytė from DailyCoin

Zhimin Qian, also known as Yadi Zhang, has been convicted in the UK following what authorities say is the world’s largest cryptocurrency seizure of 61,000 Bitcoin, worth over $6.7 billion at current prices.

Qian pleaded guilty Monday to illegally acquiring and holding the Bitcoin, which originated from a fraud she ran in China between 2014 and 2017, according to an official Met statement.

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The scheme reportedly defrauded more than 128,000 investors, including business professionals, bank employees, and members of the judiciary, many of whom invested hundreds of thousands or even millions of yuan, often encouraged by friends or family.

Authorities said Qian fled China using false documents and moved to the UK, where she attempted to launder the funds through property purchases. The seven-year investigation involved multiple jurisdictions and cooperation with Chinese law enforcement.

The Met’s Head of Economic and Cybercrime Command, Will Lyne, called the case one of the largest money laundering investigations in UK history and among the highest-value cryptocurrency cases globally.

Other notable examples include the crypto mixer Tornado Cash, sanctioned by U.S. authorities in 2022 for laundering over $7 billion in crypto  since its inception in 2019. This included more than $455 million stolen by the Lazarus Group, a North Korean state-sponsored hacking group.

Qian remains in custody awaiting sentencing. Her accomplice, Jian Wen, was jailed last year for helping move part of the stolen funds into UK and Dubai real estate. Authorities seized more than £300 million in Bitcoin from him.

Why This MattersThe case illustrates how cryptocurrencies can be exploited for large-scale fraud and money laundering. It also highlights the challenges of tracking digital assets across borders.

Stay in the loop with DailyCoin’s hottest crypto news:

Cronos Taps Amazon Web Services to Bring RWA On-Chain
SWIFT’s Future Call: XRP, HBAR Or Linea’s On-Chain Crown?

People Also Ask:Why do criminals use Bitcoin instead of traditional currencies for laundering?

Bitcoin can be moved across borders quickly and anonymously through crypto exchanges, mixers, and decentralized networks, making it harder to trace than traditional bank transfers.

How do law enforcement agencies track Bitcoin transactions?

Police and regulators use blockchain analysis tools to trace wallet addresses, follow transaction histories, and collaborate internationally to recover stolen or laundered funds.

Is Bitcoin anonymous?

No. Bitcoin transactions are recorded on a public blockchain. While users’ names are hidden, wallet addresses can be traced with advanced tools.

What is a crypto mixer and how is it linked to laundering?

A crypto mixer pools funds from many users, then redistributes them to obscure their origins. Criminals often use mixers to hide illicit Bitcoin.

How big of a problem is crypto money laundering today?

According to blockchain analytics firms, billions of dollars in crypto are laundered annually, but this is still a fraction of global money laundering.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

IRVINE, Calif., Sept. 30, 2025 (GLOBE NEWSWIRE) -- Lantronix Inc. (NASDAQ: LTRX), a global leader in compute and connectivity IoT solutions powering Edge AI applications, today unveiled EdgeFabric.ai™, a no-code development platform purpose-built exclusively for Lantronix Open-Q™ System-on-Module (SOM) solutions. With EdgeFabric.ai, businesses can design and deploy Edge AI applications in minutes, rather than months, without needing a team of AI experts.

Targeted at high-growth markets such as smart surveillance, drones, transportation, traffic control, Industrial IoT, commercial infrastructure and defense/public safety, EdgeFabric.ai makes AI accessible to customers across widespread industries.

Making Edge AI Simple

Deploying AI at the Edge is typically a complex, time-consuming process that requires specialized knowledge. EdgeFabric.ai automates much of this work, enabling developers to drag, drop and deploy AI models quickly. The platform integrates seamlessly with Lantronix Open-Q hardware and leading AI model ecosystems, automatically configuring for optimal performance across CPUs, GPUs, DSPs and NPUs. It streamlines data pipelines for video and sensor inputs, provides real-time visualization and offers pre-built templates for common use cases, such as surveillance, anomaly detection and safety monitoring.

“With EdgeFabric.ai, we’re opening the door for organizations that want to adopt AI at the edge but lack in-house expertise,” said Saleel Awsare, president and CEO of Lantronix. “This platform exemplifies our evolution from hardware supplier to solutions partner, giving customers faster innovation cycles, lower costs and scalable deployment options.”

In addition to ease of use, EdgeFabric.ai auto-generates production-ready code in Python and C++, helping customers move directly from prototype to deployment. The platform makes it simple to build and adjust pipelines, fine-tune parameters and adapt workflows quickly, enabling faster, more efficient deployment.

Unlocking New Growth Opportunities

The global Edge AI market is projected to reach $25.65 billion in 2025 and expand to $143.06 billion by 2034, according to Precedence Research. Lantronix is well-positioned to capture this growth by removing barriers to adoption and accelerating its customers' time-to-market.

“At Lantronix, we are committed to empowering our customers in the rapidly expanding Edge AI market with innovative, secure and compliant solutions,” added Mathi Gurusamy, chief strategy officer at Lantronix. “EdgeFabric.ai is the latest example of how we help customers bring intelligent, real-time decision-making to the edge.”

Debut at Imagine Conference

Lantronix’s EdgeFabric.ai will debut with live demonstrations at the Imagine conference on Oct. 1, 2025, at the Computer History Museum in Mountain View, Calif., hosted by EDGE IMPULSE, a Qualcomm® company. The event will also be available globally via live stream.

Learn more about Lantronix’s EdgeFabric.ai platform here. For more information on Lantronix’s Open-Q SOMs, visit SOM solutions. Lantronix also offers Engineering Services for development support.

About Lantronix   

Lantronix Inc. (Nasdaq: LTRX) is a global leader in Edge AI and Industrial IoT solutions, delivering intelligent computing, secure connectivity, and remote management for mission-critical applications. Serving high-growth markets, including smart cities, enterprise IT, and commercial and defense unmanned systems, Lantronix enables customers to optimize operations and accelerate digital transformation. Its comprehensive portfolio of hardware, software, and services powers applications from secure video surveillance and intelligent utility infrastructure to resilient out-of-band network management. By bringing intelligence to the network edge, Lantronix helps organizations achieve efficiency, security, and a competitive edge in today’s AI-driven world.

For more information, visit the Lantronix website.

©2025 Lantronix, Inc. All rights reserved. Lantronix is a registered trademark. Other trademarks and trade names are those of their respective owners.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking statements within the meaning of federal securities laws, including, without limitation, statements related to Lantronix products or leadership team. These forward-looking statements are based on our current expectations and are subject to substantial risks and uncertainties that could cause our actual results, future business, financial condition, or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this news release. The potential risks and uncertainties include, but are not limited to, such factors as the effects of negative or worsening regional and worldwide economic conditions or market instability on our business, including effects on purchasing decisions by our customers; our ability to mitigate any disruption in our and our suppliers’ and vendors’ supply chains due to the COVID-19 pandemic or other outbreaks, wars and recent tensions in Europe, Asia and the Middle East, or other factors; future responses to and effects of public health crises; cybersecurity risks; changes in applicable U.S. and foreign government laws, regulations, and tariffs; our ability to successfully implement our acquisitions strategy or integrate acquired companies; difficulties and costs of protecting patents and other proprietary rights; the level of our indebtedness, our ability to service our indebtedness and the restrictions in our debt agreements; and any additional factors included in our Annual Report on Form 10-K for the fiscal year ended June 30, 2024, filed with the Securities and Exchange Commission (the “SEC”) on Sept. 9, 2024, including in the section entitled “Risk Factors” in Item 1A of Part I of that report, as well as in our other public filings with the SEC. Additional risk factors may be identified from time to time in our future filings. In addition, actual results may differ as a result of additional risks and uncertainties about which we are currently unaware or which we do not currently view as material to our business. For these reasons, investors are cautioned not to place undue reliance on any forward-looking statements. The forward-looking statements we make speak only as of the date on which they are made. We expressly disclaim any intent or obligation to update any forward-looking statements after the date hereof to conform such statements to actual results or to changes in our opinions or expectations, except as required by applicable law or the rules of the Nasdaq Stock Market LLC. If we do update or correct any forward-looking statements, investors should not conclude that we will make additional updates or corrections.

Lantronix Media Contact:         
[email protected] 
949-212-0960 

Lantronix Analyst and Investor Contact:         
[email protected]

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Strategic appointments fuel global clinical and commercial development of AURN001, a transformational cell therapy with the potential to restore vision

SEATTLE & CAMBRIDGE, Mass. & TOKYO--(BUSINESS WIRE)--Aurion Biotech, a clinical-stage regenerative medicine company with a mission to restore vision to millions of patients, today announced the promotions of Andrew Torres, Ph.D., to Chief Manufacturing Officer and Sterling Chung to Chief Regulatory & Quality Officer. These strategic appointments were made as the company prepares to initiate a U.S. Phase 3 clinical trial in the first quarter of 2026.

In a field where cell therapy manufacturing and quality ecosystems are still emerging, Andrew and Sterling’s leadership will be instrumental in advancing Aurion Biotech’s mission to restore vision for millions with corneal endothelial blindness.

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Aurion Biotech is developing AURN001, an investigational, single-administration, allogeneic cell therapy for corneal endothelial disease, a condition that causes progressive vision loss in millions of patients worldwide.

“I’m proud to announce the promotions of Andrew Torres and Sterling Chung to Aurion Biotech’s executive team, signaling a new phase of growth as we prepare to launch a U.S. Phase 3 clinical trial in the first quarter of 2026 for our groundbreaking cell therapy AURN001,” said Arnaud Lacoste, Chief Executive Officer and Chief Scientific Officer, Aurion Biotech. “Andrew and Sterling have considerable experience in pharmaceuticals and biologics development and a unique ability to navigate highly complex regulatory environments. In a field of drug development where manufacturing and quality ecosystems have yet to be built, Andrew and Sterling’s unique skillsets will help Aurion achieve our mission to restore vision to the millions of people with corneal endothelial blindness.”

Andrew Torres joined Aurion to do something that had never been done before: develop a global manufacturing program for what could be the world’s first mass-scale cell therapy. He has been essential in leading external partners and internal teams to establish a cutting-edge, efficient, and globally compliant manufacturing program.

“I am proud of the instrumental role our team continues to play in building a best-in-class program,” said Andrew Torres. “My motivation is to serve patients by making our cell therapy scalable and accessible to those in need.”

Sterling Chung brings extensive global regulatory expertise and a proven track record of successfully achieving key regulatory milestones for innovative therapeutics with complex manufacturing and quality requirements. He has led Aurion’s key regulatory achievements across geographies, including the U.S. where AURN001 has obtained both Regenerative Medicine Advanced Therapy (RMAT) and Breakthrough Therapy Designation (BTD), as well as Canada, Europe and Central America. Sterling also oversees the company’s post-approval regulatory activities in Japan.

“Having spent my career at the intersection of global regulatory affairs and quality, I am excited to take on this new challenge,” said Sterling Chung. “Our team's work in securing key regulatory milestones is a testament to our relentless commitment to bringing innovative therapies to patients around the world.”

About Andrew Torres, Ph.D.

Andrew Torres leads manufacturing at Aurion Biotech. Andrew has a deep background in process development, analytical development, formulation, CMC regulatory strategy and operations, quality control, supply chain and GMP manufacturing. Before joining Aurion Biotech, Andrew held leadership roles at Molecular Templates, Neoleukin Therapeutics, Regeneron, and GE Global Research.

Andrew holds more than 30 patents and has authored numerous scientific articles. Andrew obtained a Ph.D. in chemistry from Northwestern University.

About Sterling Chung

Sterling Chung manages worldwide global regulatory affairs and quality for Aurion Biotech. He has more than 20 years of pharmaceutical experience, encompassing a broad range of functions including Regulatory Affairs, Quality Assurance, Pharmacovigilance, Medical Writing and Publications. In addition, he has worked on the successful submission and approval of multiple INDs, NDAs and sBLAs in the U.S., EU, Canada and Japan. Before joining Aurion Biotech, Sterling assumed increasing levels of senior leadership at Neoleukin Therapeutics, Molecular Templates, Immatics US, Seattle Genetics, Astellas Pharmaceuticals, Takeda Pharmaceuticals and Abbott Laboratories.

Sterling holds a B.A. in Political Science and a B.S. in Biology from the University of Michigan, and a Regulatory and Quality Assurance certificate from Purdue University.

About Aurion Biotech

Aurion Biotech’s mission is to restore vision to millions of patients with life-changing regenerative therapies. The company is developing AURN001, an investigational cell therapy for corneal endothelial disease. AURN001 is the first cell therapy for the corneal endothelium commercially launched in Japan and is advancing through clinical development in North America. Aurion received the prestigious Prix Galien award for Best Start-Up in Biotech in 2022. In 2025, Alcon acquired majority ownership of Aurion Biotech. For more information, visit www.aurionbiotech.com and follow us on LinkedIn.

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PROVIDENCE, R.I.--(BUSINESS WIRE)--United Natural Foods, Inc. (NYSE: UNFI) (the “Company” or “UNFI”) today reported financial results for the fourth quarter (13 weeks) and fiscal year (52 weeks) ended August 2, 2025.

Fourth Quarter Fiscal 2025 Performance (comparisons to fourth quarter fiscal 2024)

Net sales of $7.7 billion; growth of 1.6% on a comparable 13-week basis

Net loss of $(87) million; Loss per diluted share (EPS) of $(1.43)

Adjusted EBITDA(1) of $116 million

Adjusted EPS(1) of $(0.11)

Net cash provided by operating activities of $160 million; Free cash flow(1) of $86 million

Recent Financial and Operational Summary

Key financial results in-line with or above midpoints of most recent outlook; significantly above initial outlook for net sales and free cash flow

Delivered significant free cash flow improvement with fiscal 2025 free cash flow up $331 million compared to the prior year

Net debt reached lowest level since 2018, decreasing to $1.83 billion. Net leverage(1) declined 0.7x from the end of the prior fiscal year to 3.3x

Lean daily management deployed in 28 distribution centers during fiscal 2025; helping to improve customer and supplier experience and benefiting safety, quality, delivery and cost

Fiscal 2026 guidance reflects underlying business momentum and continued strategy execution

Midpoint of fiscal 2026 Adjusted EBITDA range reflects an increase of about 20% from fiscal 2025 and an average annual growth rate of nearly 15% compared to fiscal 2024 on a 52-week comparable basis

“UNFI delivered a solid fourth quarter as we effectively navigated the cyber incident in collaboration with our customers and suppliers. In fiscal 2025, we continued to enhance our value proposition and delivered above-industry sales growth, while improving our effectiveness and efficiency. This drove higher free cash flow and further strengthened our financial position,” said Sandy Douglas, UNFI’s Chief Executive Officer.

“In fiscal 2026, we’re focused on accelerating our momentum by building on UNFI’s unique ability to provide innovative products, programs, services and well-scaled supply chain solutions that help our customers and suppliers grow profitably. We’re increasingly confident in our strategy and our path forward to generate sustainable long-term growth and shareholder value.”

Fourth Quarter Fiscal 2025 Summary(2) 

Fourth Quarter Ended

Fiscal Year Ended

($ in millions, except for per share data)

August 2,

2025

(13 weeks)

August 3,

2024

(14 weeks)

Percent

Change

August 2,

2025

(52 weeks)

August 3,

2024

(53 weeks)

Percent

Change

Net sales(3)

$

7,696

$

8,155

(5.6

)%

$

31,784

$

30,980

2.6

%

Natural

$

3,998

$

3,943

1.4

%

$

16,017

$

14,948

7.2

%

Conventional

$

3,414

$

3,917

(12.8

)%

$

14,667

$

14,946

(1.9

)%

Retail

$

573

$

628

(8.8

)%

$

2,342

$

2,436

(3.9

)%

Eliminations

$

(289

)

$

(333

)

(13.2

)%

$

(1,242

)

$

(1,350

)

(8.0

)%

Net loss

$

(87

)

$

(37

)

N/M

$

(118

)

$

(112

)

N/M

Adjusted EBITDA(1)

$

116

$

143

(18.9

)%

$

552

$

518

6.6

%

Loss per diluted share (EPS)

$

(1.43

)

$

(0.63

)

N/M

$

(1.95

)

$

(1.89

)

N/M

Adjusted (loss) earnings per diluted share (Adjusted EPS)(1)

$

(0.11

)

$

0.01

N/M

$

0.71

$

0.14

407.1

%

Net cash provided by operating activities

$

160

$

191

(16.2

)%

$

470

$

253

85.8

%

Payments for capital expenditures

$

(74

)

$

(120

)

(38.3

)%

$

(231

)

$

(345

)

(33.0

)%

Free cash flow(1)

$

86

$

71

21.1

%

$

239

$

(92

)

N/M

Fourth Quarter Fiscal 2025 Summary

Net sales in the fourth quarter of fiscal 2025 were $7.7 billion compared to $8.2 billion in the fourth quarter of fiscal 2024, which included an approximate $582 million benefit from the additional week in fiscal 2024. Excluding this additional week, sales increased 1.6%.

Gross profit in the fourth quarter of fiscal 2025 was $1,030 million compared to $1,116 million in the fourth quarter of fiscal 2024. The fourth quarter of fiscal 2025 included $15 million of costs associated with the previously disclosed cyber incident and a LIFO benefit of $7 million. The fourth quarter of fiscal 2024 included one additional week as well as a $12 million LIFO benefit. Excluding the costs associated with the cyber incident and the LIFO benefit, gross profit in the fourth quarter of fiscal 2025 was $1,038 million, or 13.5% of net sales, compared to $1,022 million, or 13.5% of net sales, in the fourth quarter of fiscal 2024 when excluding the LIFO benefit and the extra week.

Operating expenses in the fourth quarter of fiscal 2025 were $1,046 million, or 13.6% of net sales, compared to $1,075 million, or 13.2% of net sales, in the fourth quarter of fiscal 2024. The increase in operating expenses as a percent of net sales was driven by the deleveraging impact on fixed costs from the lost sales attributable to the cyber incident and the investment in servicing customers during this period.

Interest expense, net for the fourth quarter of fiscal 2025 was $36 million and included $4 million in costs and charges related to a prepayment on the secured term loan, compared to $50 million for the fourth quarter of fiscal 2024, which included $10 million in costs and charges related to the refinancing of the secured term loan. The decrease in interest expense, excluding the prepayment and refinancing costs, was primarily driven by lower average outstanding debt balances and the additional week in the prior year quarter.

Effective tax rate for the fourth quarter of fiscal 2025 was a benefit of 21.1% on a pre-tax loss compared to a benefit of 15.9% of pre-tax loss for the fourth quarter of fiscal 2024. The effective tax rate for the fourth quarter of fiscal 2025 includes charges related to the deductibility of charitable contributions resulting from changes to the tax code. The effective tax rate for the fourth quarter of fiscal 2024 includes charges related to share-based compensation and the deductibility of charitable contributions.

Net loss for the fourth quarter of fiscal 2025 was $(87) million. Net loss for the fourth quarter of fiscal 2024 was $(37) million.

Net loss per diluted share was $(1.43) for the fourth quarter of fiscal 2025 compared to net loss per diluted share of $(0.63) for the fourth quarter of fiscal 2024. Adjusted EPS was $(0.11) for the fourth quarter of fiscal 2025, compared to Adjusted EPS of $0.01 in the fourth quarter of fiscal 2024.

Adjusted EBITDA for the fourth quarter of fiscal 2025 was $116 million, compared to $143 million for the fourth quarter of fiscal 2024.

Capital Structure and Financing Overview

Free Cash Flow – During the fourth quarter of 2025, free cash flow was $86 million, compared to $71 million in the fourth quarter of fiscal 2024. Free cash flow for the fourth quarter of 2025 reflects net cash provided by operating activities of $160 million less payments for capital expenditures of $74 million.

Net Leverage – Total outstanding debt, net of cash, was $1.83 billion at the end of the fourth quarter of 2025, reflecting a decrease of $230 million during fiscal 2025. The net debt to Adjusted EBITDA leverage ratio was 3.3x as of August 2, 2025.

Liquidity – As of August 2, 2025, total liquidity was approximately $1.50 billion, consisting of $44 million in cash, plus the unused capacity of approximately $1.45 billion under the Company’s asset-based lending facility.

Fiscal 2026 Outlook (1)

The Company is providing the following outlook for fiscal 2026, a 52-week year.

Fiscal Year Ending August 1, 2026 (52 weeks)

Net sales ($ in billions)

$31.6 - $32.0

Net income ($ in millions)

$0 - $50

EPS (2)

$0.00 - $0.80

Adjusted EPS (2)(3)(4)

$1.50 - $2.30

Adjusted EBITDA (4) ($ in millions)

$630 - $700

Capital and cloud implementation expenditures (4)(5)($ in millions)

~ $250

Free cash flow (4)(5) ($ in millions)

~ $300

(1)

The outlook provided above is for fiscal 2026 only. This outlook is forward-looking, is based on management’s current estimates and expectations and is subject to a number of risks, including many that are outside of management’s control. See cautionary Safe Harbor Statement below.

(2)

Earnings per share amounts as presented include rounding. 

(3)

The Company uses an adjusted effective tax rate in calculating Adjusted EPS. The outlook for Adjusted EPS reflects a tax rate of 25%. See additional information at the end of this release regarding the non-GAAP financial measure adjusted effective tax rate. 

(4)

See additional information at the end of this release regarding non-GAAP financial measures. The Company is unable to provide a full reconciliation for outlook to the most comparable GAAP measure without unreasonable effort due to the difficulty in predicting the amounts for certain adjustment items. 

(5)

The components of capital and cloud implementation expenditures for fiscal 2026 will be primarily dependent on the nature of certain contracts to be executed. As such, the Company is unable to reconcile the outlook for free cash flow as well as capital and cloud implementation expenditures in fiscal 2026 to the most directly comparable financial measures calculated in accordance with GAAP.

 

Conference Call and Webcast

The Company’s fourth quarter and full year fiscal 2025 conference call and audio webcast will be held today, Tuesday, September 30, 2025 at 8:30 a.m. ET. A webcast of the conference call (and supplemental materials) will be available to the public, on a listen only basis, via the internet at the Investors section of the Company’s website www.unfi.com. The call can also be accessed at (800) 715 - 9871 (conference ID 5462932). An online archive of the webcast (and supplemental materials) will be available for 120 days.

About United Natural Foods

UNFI is North America’s premier grocery wholesaler delivering the widest variety of fresh, branded, and owned brand products to more than 30,000 locations throughout North America, including natural product superstores, independent retailers, conventional supermarket chains, eCommerce providers, and foodservice customers. UNFI also provides a broad range of value-added services and segmented marketing expertise, including proprietary technology, data, market insights, and shelf management to help customers and suppliers build their businesses and brands. UNFI is committed to building a food system that is better for all and is uniquely positioned to deliver great food, more choices, and fresh thinking to customers. To learn more about how UNFI is delivering value for its stakeholders, visit www.unfi.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding the Company’s business that are not historical facts are “forward-looking statements” that involve risks and uncertainties and are based on current expectations and management estimates; actual results may differ materially. The risks and uncertainties which could impact these statements are described in the Company’s filings under the Securities Exchange Act of 1934, as amended, including under the section entitled “Risk Factors” in the Company’s annual report on Form 10-K for the year ended August 3, 2024 filed with the Securities and Exchange Commission (the “SEC”) on October 1, 2024 and other filings the Company makes with the SEC, and include, but are not limited to, our dependence on principal customers; the relatively low margins of our business, which are sensitive to inflationary and deflationary pressures and intense competition, including as a result of the continuing consolidation of retailers and the growth of consumer choices for grocery and consumable purchases; our ability to realize the anticipated benefits of our strategic initiatives; changes in relationships with our suppliers; our ability to develop, implement, operate and maintain, and rely on third parties to operate and maintain, reliable and secure technology systems, and the effectiveness of the Company’s business continuity plans in response to an incident impacting the Company’s technology systems, such as the unauthorized incident on its technology systems; labor and other workforce shortages and challenges; the addition or loss of significant customers or material changes to our relationships with these customers; our ability to realize anticipated benefits of strategic transactions; our ability to continue to grow sales, including of our higher margin natural and organic foods and non-food products; our ability to maintain sufficient volume in our Natural and Conventional businesses to support our operating infrastructure; our ability to access additional capital; increases in healthcare, pension and other costs under our single employer benefit plan and multiemployer benefit plans; the potential for additional asset impairment charges; our sensitivity to general economic conditions including inflation, tariff policy and changes in disposable income levels and consumer purchasing habits; our ability to timely and successfully deploy our warehouse management system throughout our distribution centers and our transportation management system across the Company and to achieve efficiencies and cost savings from these efforts; the potential for disruptions in our supply chain or our distribution capabilities from circumstances beyond our control, including due to lack of long-term contracts, severe weather, labor shortages or work stoppages or otherwise; the effect of adverse decisions in, or settlement of, litigation or other proceedings to which we are subject; moderated supplier promotional activity, including decreased forward buying opportunities; union-organizing activities that could cause labor relations difficulties and increased costs; changes in tax laws and regulations, and actions by federal, state and local taxing authorities related to the interpretation and application of such tax laws and regulations; our ability to maintain food quality and safety; and volatility in fuel costs. Any forward-looking statements are made pursuant to the Private Securities Litigation Reform Act of 1995 and, as such, speak only as of the date made. The Company is not undertaking to update any information in the foregoing reports until the effective date of its future reports required by applicable laws. Any estimates of future results of operations are based on a number of assumptions, many of which are outside the Company’s control and should not be construed in any manner as a guarantee that such results will in fact occur. These estimates are subject to change and could differ materially from final reported results. The Company may from time to time update these publicly announced estimates, but it is not obligated to do so.

Non-GAAP Financial Measures: To supplement the financial information presented on a U.S. generally accepted accounting principles (“GAAP”) basis, the Company has included in this press release the non-GAAP financial measures Adjusted EBITDA, Adjusted EPS, adjusted effective tax rate, free cash flow, net debt to Adjusted EBITDA leverage ratio and Capital and cloud implementation expenditures. Adjusted EBITDA is a consolidated measure which the Company reconciles by adding Net (loss) income including noncontrolling interests, less Net income attributable to noncontrolling interests, plus Non-operating income and expenses, including Net periodic benefit income, excluding service cost, Interest expense, net and Other (income) expense, net, plus (Benefit) provision for income taxes and Depreciation and amortization all calculated in accordance with GAAP, plus adjustments for Share-based compensation, non-cash LIFO charge or benefit, Restructuring, acquisition and integration related expenses, Goodwill impairment charges, Loss (gain) on sale of assets and other asset charges, certain legal charges and gains, and certain other non-cash charges or other items, as determined by management. Adjusted EPS is a consolidated measure, which the Company reconciles by adding Net (loss) income attributable to UNFI plus the LIFO charge or benefit, Goodwill impairment benefits and charges, Restructuring, acquisition, and integration related expenses, gains and losses on sales of assets, certain legal charges and gains, surplus property depreciation and interest expense, losses on debt extinguishment, the impact of diluted shares when GAAP earnings is presented as a loss and non-GAAP earnings represent income, and the tax impact of adjustments and the adjusted effective tax rate, which tax impact is calculated using the adjusted effective tax rate, and certain other non-cash charges or items, as determined by management. The adjusted effective tax rate is calculated based on adjusted net income before tax and excludes the potential impact of changes to uncertain tax positions, valuation allowances, tax impacts related to the vesting of share-based compensation awards and discrete GAAP tax items which could impact the comparability of the operational effective tax rate. Free cash flow is defined as net cash provided by operating activities less payments for capital expenditures. Net debt to Adjusted EBITDA leverage ratio is defined as the total carrying value of the Company’s outstanding short- and long-term debt and finance lease liabilities less net cash and cash equivalents, the sum of which is divided by the trailing four quarters Adjusted EBITDA. Capital and cloud implementation expenditures is defined as the sum of payments for capital expenditures and cloud technology implementation expenditures.

The reconciliation of these non-GAAP financial measures to their comparable GAAP financial measures and the calculation of net debt to Adjusted EBITDA leverage are presented in the tables appearing below, where practicable. The presentation of non-GAAP financial measures is not intended to be considered in isolation or as a substitute for any measure prepared in accordance with GAAP. The Company believes that presenting Adjusted EBITDA and Adjusted EPS aids in making period-to-period comparisons, assessing the performance of the Company’s business and understanding the underlying operating performance and core business trends by excluding certain adjustments not expected to recur in the normal course of business or that are not meaningful indicators of actual and estimated operating performance. The Company believes that providing the adjusted effective tax rate gives investors a meaningful, consistent comparison of the Company’s effective tax rate on ongoing operations. The inclusion of free cash flow assists investors in understanding the cash generating ability of the Company separate from cash generated by the sale of assets. Net debt to Adjusted EBITDA leverage ratio is a commonly used metric that assists investors in understanding and evaluating the Company’s capital structure and changes to its capital structure over time. The Company believes that providing capital and cloud implementation expenditures provides investors with better visibility into the Company's total investment expenditures. The components of capital and cloud implementation expenditures for fiscal 2026 will be primarily dependent on the nature of certain contracts to be executed. The Company currently expects to continue to exclude the items listed above from non-GAAP financial measures. Management utilizes and plans to utilize these non-GAAP financial measures to compare the Company’s operating performance during the 2026 fiscal year to the comparable periods in the 2025 fiscal year and to internally prepared projections. These non-GAAP financial measures may differ from similarly titled measures of other companies.

 

 

 

UNITED NATURAL FOODS, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited)

(in millions, except for per share data) 

 

Fourth Quarter Ended

Fiscal Year Ended

August 2, 2025

(13 weeks)

August 3, 2024

(14 weeks)

August 2, 2025

(52 weeks)

August 3, 2024

(53 weeks)

Net sales

$

7,696

$

8,155

$

31,784

$

30,980

Cost of sales

6,666

7,039

27,562

26,779

Gross profit

1,030

1,116

4,222

4,201

Operating expenses

1,046

1,075

4,117

4,100

Restructuring, acquisition and integration related expenses

59

19

94

36

Loss on sale of assets and other asset charges

3

20

42

57

Operating (loss) income

(78

)

2

(31

)

8

Net periodic benefit income, excluding service cost

(5

)

(4

)

(20

)

(15

)

Interest expense, net

36

50

146

162

Other income, net

—

—

(3

)

(2

)

Loss before income taxes

(109

)

(44

)

(154

)

(137

)

Benefit for income taxes

(23

)

(7

)

(39

)

(27

)

Net loss including noncontrolling interests

(86

)

(37

)

(115

)

(110

)

Less net income attributable to noncontrolling interests

(1

)

—

(3

)

(2

)

Net loss attributable to United Natural Foods, Inc.

$

(87

)

$

(37

)

$

(118

)

$

(112

)

Basic loss per share

$

(1.43

)

$

(0.63

)

$

(1.95

)

$

(1.89

)

Diluted loss per share

$

(1.43

)

$

(0.63

)

$

(1.95

)

$

(1.89

)

Weighted average shares outstanding:

Basic

60.6

59.5

60.2

59.3

Diluted

60.6

59.5

60.2

59.3

 

 

 

 

UNITED NATURAL FOODS, INC.

CONSOLIDATED BALANCE SHEETS (unaudited)

(in millions, except for par values) 

 

August 2,

2025

August 3,

2024

ASSETS

Cash and cash equivalents

$

44

$

40

Accounts receivable, net

1,093

953

Inventories, net

2,095

2,179

Prepaid expenses and other current assets

191

230

Total current assets

3,423

3,402

Property and equipment, net

1,749

1,820

Operating lease assets

1,474

1,370

Goodwill

19

19

Intangible assets, net

576

649

Deferred income taxes

162

87

Other long-term assets

192

181

Total assets

$

7,595

$

7,528

LIABILITIES AND STOCKHOLDERS' EQUITY

Accounts payable

$

1,875

$

1,688

Accrued expenses and other current liabilities

319

288

Accrued compensation and benefits

227

197

Current portion of operating lease liabilities

173

181

Current portion of long-term debt and finance lease liabilities

8

11

Total current liabilities

2,602

2,365

Long-term debt

1,859

2,081

Long-term operating lease liabilities

1,400

1,263

Long-term finance lease liabilities

11

12

Pension and other postretirement benefit obligations

14

15

Other long-term liabilities

155

151

Total liabilities

6,041

5,887

Stockholders’ equity:

Preferred stock, $0.01 par value, authorized 5.0 shares; none issued or outstanding

—

—

Common stock, $0.01 par value, authorized 100.0 shares; 63.1 shares issued and 60.6 shares outstanding at August 2, 2025; 62.0 shares issued and 59.5 shares outstanding at August 3, 2024

1

1

Additional paid-in capital

658

635

Treasury stock at cost

(86

)

(86

)

Accumulated other comprehensive loss

(42

)

(47

)

Retained earnings

1,020

1,138

Total United Natural Foods, Inc. stockholders’ equity

1,551

1,641

Noncontrolling interests

3

—

Total stockholders’ equity

1,554

1,641

Total liabilities and stockholders’ equity

$

7,595

$

7,528

 

 

 

 

UNITED NATURAL FOODS, INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) 

 

Fiscal Year Ended

(in millions)

August 2, 2025

(52 weeks)

August 3, 2024

(53 weeks)

CASH FLOWS FROM OPERATING ACTIVITIES:

Net loss including noncontrolling interests

$

(115

)

$

(110

)

Adjustments to reconcile net loss to net cash provided by operating activities:

Depreciation and amortization

321

319

Share-based compensation

43

39

Gain on sale of assets

(4

)

(7

)

Long-lived asset impairment charges

25

43

Net pension and other postretirement benefit income

(20

)

(15

)

Deferred income tax benefit

(56

)

(49

)

LIFO (benefit) charge

(2

)

7

Provision for losses on receivables

3

3

Loss on debt extinguishment

4

—

Non-cash interest expense and other adjustments

5

18

Changes in operating assets and liabilities

Accounts and notes receivable

(142

)

(68

)

Inventories

87

104

Prepaid expenses and other assets

276

(157

)

Accounts payable

200

(81

)

Accrued expenses and other liabilities

(155

)

207

Net cash provided by operating activities

470

253

CASH FLOWS FROM INVESTING ACTIVITIES:

Payments for capital expenditures

(231

)

(345

)

Proceeds from dispositions of assets

30

25

Payments for investments

(17

)

(22

)

Net cash used in investing activities

(218

)

(342

)

CASH FLOWS FROM FINANCING ACTIVITIES:

Proceeds from borrowings under revolving credit line

3,528

2,571

Proceeds from issuance of other loans

13

15

Repayments of borrowings under revolving credit line

(3,642

)

(2,270

)

Repayments of long-term debt and finance leases

(124

)

(191

)

Payments of employee restricted stock tax withholdings

(10

)

(7

)

Payments for debt issuance costs

(1

)

(18

)

Distributions to noncontrolling interests

(4

)

(4

)

Repayments of other loans

(8

)

(2

)

Other

—

(2

)

Net cash (used in) provided by financing activities

(248

)

92

EFFECT OF EXCHANGE RATE ON CASH

—

—

NET INCREASE IN CASH AND CASH EQUIVALENTS

4

3

Cash and cash equivalents, at beginning of period

40

37

Cash and cash equivalents, at end of period

$

44

$

40

Supplemental disclosures of cash flow information:

Cash paid for interest

$

147

$

159

Cash payments (refunds) for federal, state and foreign income taxes, net

$

4

$

(14

)

Additions of property and equipment included in Accounts payable

$

7

$

21

 

 

 

 

SUPPLEMENTAL NON-GAAP FINANCIAL INFORMATION

UNITED NATURAL FOODS, INC. 

 

Reconciliation of Net loss including noncontrolling interests to Adjusted EBITDA (unaudited)

Fourth Quarter Ended

Fiscal Year Ended

(in millions)

August 2, 2025

(13 weeks)

August 3, 2024

(14 weeks)

August 2, 2025

(52 weeks)

August 3, 2024

(53 weeks)

Net loss including noncontrolling interests

$

(86

)

$

(37

)

$

(115

)

$

(110

)

Adjustments to net loss including noncontrolling interests:

Less net income attributable to noncontrolling interests

(1

)

—

(3

)

(2

)

Net periodic benefit income, excluding service cost

(5

)

(4

)

(20

)

(15

)

Interest expense, net

36

50

146

162

Other income, net

—

—

(3

)

(2

)

Benefit for income taxes

(23

)

(7

)

(39

)

(27

)

Depreciation and amortization

79

91

321

319

Share-based compensation

15

11

43

37

LIFO (benefit) charge

(7

)

(12

)

(2

)

7

Restructuring, acquisition and integration related expenses(1)

59

19

94

36

Loss on sale of assets and other asset charges(2)

3

20

42

57

Business transformation costs(3)

7

12

47

52

Cybersecurity incident(4)

26

—

26

—

Other adjustments(5)

13

—

15

4

Adjusted EBITDA

$

116

$

143

$

552

$

518

 

 

 

 

Reconciliation of Net loss attributable to United Natural Foods, Inc. to Adjusted net (loss) income and Adjusted EPS (unaudited)

Fourth Quarter Ended

Fiscal Year Ended

(in millions, except per share amounts)

August 2, 2025

(13 weeks)

August 3, 2024

(14 weeks)

August 2, 2025

(52 weeks)

August 3, 2024

(53 weeks)

Net loss attributable to United Natural Foods, Inc.

$

(87

)

$

(37

)

$

(118

)

$

(112

)

Restructuring, acquisition, and integration related expenses(1)

59

19

94

36

(Gain) loss on sale of assets and other asset charges other than losses on sales of receivables(2)

(2

)

15

23

36

LIFO (benefit) charge

(7

)

(12

)

(2

)

7

Surplus property depreciation and interest expense(3)

1

2

2

5

Loss on debt extinguishment

4

10

4

10

Business transformation costs(4)

7

12

47

52

Cybersecurity incident(5)

26

—

26

—

Other adjustments(6)

13

—

15

4

Tax impact of adjustments and adjusted effective tax rate(7)

(20

)

(8

)

(47

)

(29

)

Adjusted net (loss) income

$

(6

)

$

1

$

44

$

9

Diluted weighted average shares outstanding

60.6

60.0

61.8

60.4

Adjusted EPS(8)

$

(0.11

)

$

0.01

$

0.71

$

0.14

(1)

Fiscal 2025 primarily reflects the $53 million charge related to the Company’s termination of its supply agreement with a customer in the East region and costs associated with certain employee severance and other employee separation costs and outsourcing certain corporate functions under restructuring initiatives. Fiscal 2024 primarily reflects costs associated with certain employee severance and other employee separation costs.

(2)

Loss on sale of assets and other asset charges, as reflected here, does not include losses on sales of receivables under the accounts receivable monetization program, which are included in Loss on sale of assets and other asset charges on the Consolidated Statements of Operations and are not adjusted in the calculation of Adjusted EPS. Fiscal 2025 primarily includes a $24 million non-cash asset impairment charge related to a distribution center in our East region. Fiscal 2024 primarily includes a $21 million non-cash asset impairment charge related to one of our corporate-owned office locations, a $7 million non-cash asset impairment charge related to the decision to close certain retail store locations and a $15 million non-cash impairment charge related to the decision to close certain leased and owned distribution center locations. 

(3)

Reflects surplus, non-operating property depreciation and interest expense. 

(4)

Reflects costs associated with business transformation initiatives, primarily including third-party consulting costs and licensing costs, and third-party professional service fees related to strategic initiatives and the board-led financial review in fiscal 2024, all of which are included within Operating expenses in the Consolidated Statements of Operations. 

(5)

Reflects costs and charges related to the Cybersecurity Incident, primarily including shrink and remediation costs related to third-party cybersecurity, legal and governance experts, of which $15 million are included within Gross profit and $11 million are included within Operating expenses in the Consolidated Statements of Operations.

(6)

Fiscal 2025 primarily reflects certain accrued legal-related costs, which are included within Operating expenses in the Consolidated Statements of Operations. Fiscal 2024 primarily reflects third-party professional service fees related to shareholder negotiations, which are included within Operating expenses in the Consolidated Statements of Operations. 

(7)

Represents the tax effect of the pre-tax adjustments using an adjusted effective tax rate. The adjusted effective tax rate is calculated based on adjusted net income before tax, and its impact reflects the exclusion of changes to uncertain tax positions, valuation allowances, tax impacts related to the vesting of share-based compensation awards and discrete GAAP tax items which could impact the comparability of the operational effective tax rate. The Company believes using this adjusted effective tax rate will provide better consistency across the interim reporting periods since each of these discrete items can cause volatility in the GAAP tax rate that is not indicative of the underlying ongoing operations of the Company. By providing this non-GAAP measure, management intends to provide investors with a meaningful, consistent comparison of the Company’s effective tax rate on ongoing operations. 

(8)

Adjusted (loss) earnings per share amounts are calculated using actual unrounded figures. 

 

 

 

 

Calculation of net debt to Adjusted EBITDA leverage ratio (unaudited)

 

 

(in millions, except ratios)

Fiscal Year

Ended

August 2, 2025

Fiscal Year

Ended

August 3, 2024

Current portion of long-term debt and finance lease liabilities

$

8

$

11

Long-term debt

1,859

2,081

Long-term finance lease liabilities

11

12

Less: Cash and cash equivalents

(44

)

(40

)

Net carrying value of debt and finance lease liabilities

1,834

2,064

Adjusted EBITDA

$

552

$

518

Adjusted EBITDA leverage ratio

3.3x

 

4.0x

 

 

 

Reconciliation of Net cash provided by operating activities to Free cash flow (unaudited)

Fourth Quarter Ended

Fiscal Year Ended

(in millions)

August 2, 2025

(13 weeks)

August 3, 2024

(14 weeks)

August 2, 2025

(52 weeks)

August 3, 2024

(53 weeks)

Net cash provided by operating activities

$

160

$

191

$

470

$

253

Payments for capital expenditures

(74

)

(120

)

(231

)

(345

)

Free cash flow

$

86

$

71

$

239

$

(92

)

 

 

Reconciliation of Payments for capital expenditures to Capital and cloud implementation expenditures (unaudited)

Fourth Quarter Ended

Fiscal Year Ended

(in millions)

August 2, 2025

(13 weeks)

August 3, 2024

(14 weeks)

August 2, 2025

(52 weeks)

August 3, 2024

(53 weeks)

Payments for capital expenditures

$

74

$

120

$

231

$

345

Cloud technology implementation expenditures (1)

1

5

7

25

Capital and cloud implementation expenditures (2)

$

75

$

125

$

238

$

370

 

 

Fiscal 2025 Comparable Growth Rates (unaudited) 

 

Fourth Quarter Ended

Fiscal Year Ended

($ in millions)

August 2,

2025

(13 weeks)

August 3,

2024

(13 weeks)(1)

Comparable

13 Week

Percent

Change(2)

August 2,

2025

(52 weeks)

August 3,

2024

(52 weeks)(1)

Comparable

52 Week

Percent

Change(2)

Net sales

$

7,696

$

7,573

1.6

%

$

31,784

$

30,398

4.6

%

Natural

$

3,998

$

3,663

9.1

%

$

16,017

$

14,668

9.2

%

Conventional

$

3,414

$

3,637

(6.1

)%

$

14,667

$

14,666

—

%

Retail

$

573

$

583

(1.7

)%

$

2,342

$

2,391

(2.0

)%

Eliminations

$

(289

)

$

(310

)

(6.8

)%

$

(1,242

)

$

(1,327

)

(6.4

)%

Adjusted EBITDA

$

116

$

133

(12.8

)%

$

552

$

508

8.7

%

 

 

Reconciliation of actual 2025 and 2024 U.S. GAAP effective tax rate to adjusted effective tax rate (unaudited) 

 

Actual Fiscal

2025

Actual Fiscal

2024

U.S. GAAP Effective Tax Rate

25

%

20

%

Discrete quarterly recognition of GAAP items(1)

(1

)%

20

%

Tax impact of other charges and adjustments(2)

(13

)%

(24

)%

Changes in valuation allowances(3)

5

%

5

%

Other(4)

—

%

—

%

Adjusted Effective Tax Rate(4)

16

%

21

%

More News From United Natural Foods, Inc.

-

Public Dataset Features Long-Range FMCW LiDAR and Camera Data to Accelerate Next-Generation Autonomous Vehicle Perception

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Aeva® (Nasdaq: AEVA), a leader in next-generation sensing and perception systems, today announced the release of AevaScenes, the industry’s first open dataset featuring synchronized, multi-sensor FMCW 4D LiDAR and camera data with object velocity measurements, semantic segmentation, tracking and lane line annotations.

Designed to accelerate research in autonomous vehicle perception and expand the adoption of FMCW LiDAR, AevaScenes supports innovation in object detection, semantic segmentation, motion forecasting, scene flow, and trajectory estimation. The dataset is now available for academic and non-commercial use at scenes.aeva.com.

Key Highlights of AevaScenes:

High-Fidelity FMCW LiDAR Data: Provides researchers and developers with highly accurate and dense range sensing, capturing depth and velocity information in challenging driving environments.

Rich Multimodal Sensor Fusion: By combining FMCW 4D LiDAR with high-resolution camera imagery, the dataset supports research across detection, segmentation, tracking, sensor calibration, and novel perception tasks.

Flexible Field of View Options: Aeva's interactive sensor diagram showcases both wide and narrow fields of view for LiDAR and camera systems, enabling users to explore sensor characteristics and choose configurations that best suit their research needs.

Ultra-Long Range Annotations: Provides the world’s first dataset with ultra-long range annotations for object detection, semantic segmentation and lane detection at distances up to 400 meters.

“AevaScenes is the first dataset to bring together long-range FMCW LiDAR with velocity information and rich camera data, creating a new benchmark for perception research,” said James Reuther, Chief Engineer at Aeva. “By opening access to this level of fidelity and scale, we’re giving researchers the tools to push the boundaries of what’s possible in autonomous driving—whether that’s advancing detection and tracking or unlocking entirely new approaches to motion understanding.”

What’s in AevaScenes:

100 curated sequences captured in and around the San Francisco Bay Area, covering urban and highway driving across day and night conditions.

10,000 frames of time-synchronized FMCW LiDAR and RGB camera data at 10Hz.

Sensor Suite: 6 Aeva FMCW LiDAR sensors (4 wide FOV, 2 narrow FOV), 6 high-resolution RGB cameras (matching wide/narrow FOV).

Camera Specs: 4K resolution, 10 FPS, RGB.

Data Format: PCD point clouds, JPEG images, JSON annotations.

Total Size: Approximately 200 GB (2 GB per sequence).

Platform: Data captured using Aeva’s Mercedes Metris test vehicles.

Environment Diversity: 50% highway / 50% urban, 50% day / 50% night.

Conditions: All sequences captured in clear weather with dry road surfaces.

Availability and Access:

AevaScenes is publicly available for free today for non-commercial use at scenes.aeva.com, where users can explore dataset units, download samples, and visualize sensor configurations through an intuitive web interface.

About Aeva Technologies, Inc. (Nasdaq: AEVA)

Aeva’s mission is to bring the next wave of perception to a broad range of applications from automated driving, manufacturing automation and smart infrastructure, to robotics and consumer devices. Aeva is accelerating autonomy with its groundbreaking perception platform that integrates lidar-on-chip technology, system-on-chip processing, and perception algorithms onto silicon leveraging silicon photonics. Aeva 4D LiDAR sensors uniquely detect velocity and position simultaneously, allowing automated devices like vehicles and robots to make more intelligent and safe decisions. For more information, visit www.aeva.com, or connect with us on X or LinkedIn.

Aeva, the Aeva logo, Aeva 4D LiDAR, Aeva Atlas, Aeries, Aeva Eve, Aeva Ultra Resolution, Aeva CoreVision, and Aeva X1 are trademarks/registered trademarks of Aeva, Inc. All rights reserved. Third-party trademarks are the property of their respective owners.

Forward looking statements

This press release contains certain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. These forward-looking statements include, but are not limited to expectations about our product features, performance and use and adoption of FMCW LiDAR for autonomous vehicle applications. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including, but not limited to: (i) the fact that Aeva is an early stage company with a history of operating losses and may never achieve profitability, (ii) Aeva’s limited operating history, (iii) the ability to implement business plans, forecasts, and other expectations and to identify and realize additional opportunities, (iv) the ability for Aeva to have its products selected for inclusion in OEM products and (v) other material risks and other important factors that could affect our financial results. Please refer to our filings with the SEC, including our most recent Form 10-Q and Form 10-K. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Aeva assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Aeva does not give any assurance that it will achieve its expectations.

More News From Aeva Technologies, Inc.

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Focal One® Prostate Cancer Awareness Month Campaign Shines Spotlight on Robotic HIFU Treatment Option

Focal One Robotic HIFU Patient Story Featured on Health Uncensored with Dr. Drew on Lifetime Network
  AUSTIN, Texas – September 30, 2025 – EDAP TMS SA (Nasdaq: EDAP), a global leader in robotic energy-based therapies, announced that its non-invasive, nonsurgical treatment option, Focal One Robotic HIFU, was featured on national television on Friday, September 26, reaching millions of viewers nationwide. The segment, which included an interview with a patient treated with Focal One, aired during an episode of Health Uncensored with Dr. Drew on the Lifetime Network, as part of the company’s Prostate Cancer Awareness Month campaign. This broadcast reached viewers across the United States, providing unprecedented national exposure, allowing millions of people across the country to learn about Focal One. In addition, the Company drove multiple patient education events and partnered with hospitals and practices to further educate their local communities through a variety of outreach activities.

During the interview conducted by Dr. Drew Pinsky, prostate cancer patient, Peter D., from Austin, TX, shared his journey from evaluating different treatment options to selecting Focal One Robotic HIFU. Peter explained how he achieved his cancer treatment goals with minimal disruption to his daily life, rapidly returning to normal activities. He was joined on the show by his urologist, Eric Giesler, MD, from Urology Austin, who highlighted how Focal One fits in the spectrum of treatment options in the management of prostate cancer.

Following the show, Dr. Eric Giesler commented, “More patients like Peter are seeking an effective treatment for their prostate cancer without impacting their quality of life. We have entered a new era in the management of prostate cancer where eligible patients now have a non-invasive treatment option with Focal One Robotic HIFU that precisely targets the cancer in the prostate while avoiding the morbidity and the complications of radical treatments such as surgery and radiotherapy. Through advancements in technology, we are now able to diagnose a patient with prostate cancer more accurately which enables us to offer a non-invasive treatment to certain patients, maximizing cancer control and minimizing side effects, which can significantly impact a patient’s quality of life on a daily basis.”

Ryan Rhodes, CEO commented, “We would like to thank Peter for sharing his inspiring story, so other men can benefit from his prostate cancer journey. This national exposure along with all the regional activities are a significant step forward in Focal One’s efforts to raise awareness among patients, caregivers, physicians, and the broader public. More patients, like Peter, are seeking treatments like Focal One to target their cancer, while avoiding the debilitating side effects of radical treatments.”

The full interview is available at https://focalone.com/prostatetreatment/.

About EDAP TMS SA

A recognized leader in robotic energy-based therapies, EDAP TMS develops, manufactures, promotes and distributes worldwide minimally invasive medical devices for various conditions using ultrasound technology. By combining the latest technologies in imaging, robotics and precise non-invasive energy delivery, EDAP introduced the Focal One® in Europe and in the U.S. as the leading prostate focal therapy controlled by urologists with the potential to expand to multiple indications beyond prostate cancer. For more information on the Company, please visit https://focalone.com/

Forward-Looking Statements

In addition to historical information, this press release contains forward-looking statements within the meaning of applicable federal securities laws, including Section 27A of the U.S. Securities Act of 1933 (the “Securities Act”) or Section 21E of the U.S. Securities Exchange Act of 1934, which may be identified by words such as “believe,” “can,” “contemplate,” “could,” “plan,” “intend,” “is designed to,” “may,” “might,” “potential,” “objective,” “target,” “project,” “predict,” “forecast,” “ambition,” “guideline,” “should,” “will,” “estimate,” “expect” and “anticipate,” or the negative of these and similar expressions, which reflect our views about future events and financial performance. Such statements include our expectations to enter into a credit facility with EIB, the size thereof, the timing thereof and the use of proceeds from such credit facility. Such statements are based on management's current expectations and are subject to a number of risks and uncertainties, including matters not yet known to us or not currently considered material by us, and there can be no assurance that anticipated events will occur or that the objectives set out will actually be achieved. Important factors that could cause actual results to differ materially from the results anticipated in the forward-looking statements include, among others, the clinical status and market acceptance of our HIFU devices and the continued market potential for our lithotripsy and distribution divisions, as well as risks associated with the current worldwide inflationary environment, the uncertain worldwide economic, political and financial environment, geopolitical instability, climate change and pandemics like the COVID 19 pandemic, or other public health crises, and their related impact on our business operations, including their impacts across our businesses or demand for our devices and services. Other factors that may cause such a difference may also include, but are not limited to, those described in the Company's filings with the Securities and Exchange Commission and in particular, in the sections "Cautionary Statement on Forward-Looking Information" and "Risk Factors" in the Company's Annual Report on Form 20-F.

Forward-looking statements speak only as of the date they are made. Other than required by law, we do not undertake any obligation to update them in light of new information or future developments. These forward-looking statements are based upon information, assumptions and estimates available to us as of the date of this press release, and while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete.

Company Contact
Blandine Confort
Investor Relations / Legal Affairs
EDAP TMS SA
+33 4 72 15 31 50
[email protected]

Investor Contact
John Fraunces
LifeSci Advisors, LLC
(917) 355-2395
[email protected]

Wall Street logged a downbeat performance last week.The S&P 500 declined 0.3%, and the Dow edged lower by 0.2%, and the Nasdaq slipped 0.7%, marking the first weekly loss in four weeks for the Nasdaq and the S&P 500, as quoted on CNBC.

Inflation Data in FocusAugust’s personal consumption expenditures (PCE) price index, the Federal Reserve’s preferred measure of inflation, came in largely as expected. Core PCE, barring food and energy, rose at an annual rate of 2.9%, while the all-items index recorded a 2.7% increase year over year and a 0.3% monthly gain. These readings reaffirmed expectations for two quarter-point interest rate cuts by year-end, per the CNBC article.

Consumer Sentiment Consumer sentiment for September, reported by the University of Michigan, was only slightly weaker than expected and held steady among households with larger stock holdings. The survey’s index of consumer sentiment recorded a 55.1 reading, below the Dow Jones consensus forecast of 55.4 (as quoted on CNBC).

That marked a 5.3% decline month over month and a 21.6% slump from the same period a year ago.Inflation expectations held stable, with the one-year outlook at 4.7% and the five-year at 3.7%, as quoted in the above-mentioned CNBC article.

Upbeat GDP Growth DataThanks to stronger consumer spending, the U.S. economy grew at an unexpectedly robust 3.8% clip in Q2 of 2025, marking an upward revision of second-quarter growth.

The Commerce Department said that gross domestic product (GDP) bounced back in the spring after a 0.6% decline in the first quarter, which had been hit hard by trade tensions. The new estimate is higher than the previously reported 3.3% growth(per AP news, as quoted on Yahoo Finance).

Fed Rate Cut to Address Weakening Labor Market

The Fed enacted its first rate cut of 2025 in September and also hinted at further cuts this year.At the time of writing, there are 87.7% chances of a 25-bp rate cut in the October meeting, per the CME FedWatch Tool. 

Moderate Comeback of Tariff Tensions

In a trio of posts on Truth Social on Sept. 25, 2025, President Trump announced that the U.S. will roll out a host of tariffs starting Oct. 1. The measures will cover imported kitchen cabinets, bathroom vanities, pharmaceutical products, and heavy trucks. Tariffs will range from 30% to 100%, though exemptions will apply to drugmakers currently building manufacturing plants in the United States, as quoted on Yahoo Finance.

Against this backdrop, below we highlight a few winning leveraged exchange-traded funds (ETFs) of the last week.

Platinum

GraniteShares Platinum Trust (PLTM - Free Report) – Up 12%

abrdn Physical Platinum Shares ETF (PPLT - Free Report) – Up 12%

Platinum hit its highest level in late September since 2013, as concerns over supply-demand imbalances aggravated. Declining mine output and sluggish recycling led to this spike. The World Platinum Investment Council projects South Africa’s mine supply to fall 6% this year, as quoted on tradingeconomics.

The use catalytic converters in the auto sector is one of the main applications for platinum and palladium. Now, electric vehicles (EVs) do not use catalytic converters. With the Trump administration not favoring EVs, the need and demand for catalytic converters should rise, which in turn should boost platinum and palladium prices.

Palladium

abrdn Physical Palladium Shares ETF (PALL - Free Report) – Up 10.6%

Palladium prices have been rising on supply crunch and a rebound in industrial demand. Geopolitical tensions and the resultant production issues in key mining regions continue to weigh on the output, as quoted on tradingeconomics.com.

The tradingeconomics article continued to highlight that S&P Global raised the 2025-2026 vehicle production forecasts in mid-September for major regions outside South America. The increase in projection was mainly due to policy support in China, as well as strong vehicle production and steady consumption in North America.

Lithium Miners          

Sprott Lithium Miners ETF (LITP - Free Report) – Up 10.3%

The lithium sector has recently grabbed the spotlight as Lithium Americas (LAC) shares skyrocketed following reports that the Trump administration may take an equity stake in the company’s Thacker Pass mine in Nevada(as quoted on a Carbon Credits article). If confirmed, it would mark one of the most significant U.S. government interventions in mining in years, highlighting lithium’s rising importance as critical mineral in global markets.

Silver Miners

Sprott Silver Miners & Physical Silver ETF (SLVR - Free Report) – Up 10.2%

Silver’s usage serves both as a safe-haven metal and as an industrial metal. With the global market remaining edgy due to trade tensions and President Trump’s several policies, the safe-haven demand remains strong. Meanwhile, the industrial metal’s importance is also on the rise, with activities remaining strong.

Nvidia has dominated the AI chip race and it is planning to further distance itself from AMD, according to KeyBanc analyst John Vinh.

Morsa Images/DigitalVision via Getty Images

Listen below or on the go on Apple Podcasts and Spotify

Cannabis stocks rally after Trump posts video touting CBD use for senior healthcare. (00:25) YouTube (GOOG) (GOOGL) to pay Trump $24.5M for suspending account after Capitol riot. (02:01) McDonald's (MCD) bets on Monopoly game to lure in loyalty members. (03:15)

This is an abridged transcript.

Cannabis stocks moved sharply higher on Monday after President Trump publicly endorsed the use of cannabidiol (CBD) for senior healthcare.

The president posted a video on his Truth Social account from the Commonwealth Project that highlighted CBD's potential to “revolutionize senior healthcare” by slowing the progression of diseases and providing alternatives to prescription drugs.

Shares of leading cannabis firms, including Tilray Brands (NASDAQ:TLRY), Canopy Growth (NASDAQ:CGC), Cronos Group (NASDAQ:CRON), Aurora Cannabis (NASDAQ:ACB), and related ETFs rose by double digits following the announcement.

U.S.-listed shares of Canopy Growth (NASDAQ:CGC) gained ~17% on Monday, Tilray Brands (NASDAQ:TLRY) jumped as much as 60%, Cronos Group (NASDAQ:CRON) added 13% and Aurora Cannabis (NASDAQ:ACB) scaled 28%.

Besides AdvisorShares Pure U.S. Cannabis ETF (NYSEARCA:MSOS), which tracks U.S.-listed cannabis stocks, Amplify Alternative Harvest ETF (NYSEARCA:MJ) gained more than 26%.

Other U.S. and Canadian cannabis companies, including Green Thumb Industries (OTCQX:GTBIF), Curaleaf Holdings (OTCPK:CURLF), and Trulieve (OTCQX:TCNNF), also saw considerable gains.

The video posted by Trump highlighted cannabidiol use for reducing pain and stress, improving sleep, and helping deal with health issues, including cancer symptoms and Alzheimer's. The three-minute video has a Fox News segment outlining the financial advantages of legalizing marijuana for medical purposes. It says that this would amount to cost savings of “$64 billion a year if cannabis is fully integrated into the healthcare system.”

YouTube (NASDAQ:GOOG) (NASDAQ:GOOGL) has agreed to pay $24.5M to settle a 2021 lawsuit filed by President Trump after his account was suspended following the January 6 Capitol riot.

YouTube suspended Trump’s channel after the riot, saying it had removed videos that violated its policies against content that could incite violence.

The platform reinstated his channel in March 2023.

The settlement makes YouTube, owned by Alphabet’s Google, the final Big Tech company to settle a trio of lawsuits brought against social media platforms in the months after Trump left the White House.

The Wall Street Journal previously reported, in January, Meta Platforms (META) agreed to pay $25M, most of it to a fund for Trump’s presidential library, and X agreed to pay $10M, much of it going directly to the president.

Trump’s share of the settlement is $22M, which will go to the nonprofit Trust for the National Mall. Funds from that will be used for the construction of a $200M Mar-a-Lago-style ballroom at the White House, the report said, citing the court documents.

The report said the remaining $2.5M will go to the other plaintiffs in the case, a group that includes the American Conservative Union and writer Naomi Wolf.

McDonald’s (NYSE:MCD) is bringing back its popular Monopoly game (HAS) for a limited time on October 6 giving customers the opportunity to win vehicles, vacations, and even $1 million.

The new Monopoly game won’t feature the traditional physical paper board. Rather, game pieces peeled off food packages can be scanned into the game app for registered members of the McDonald’s (NYSE:MCD) loyalty program. If all pieces of a Monopoly property are collected, customers can redeem for prizes including airline miles, a Jeep Grand Cherokee (STLA) and $1 million in cash.

The game was first introduced in 1987 and last released in the U.S. in 2016 as “Money Monopoly.”

By reintroducing the game after a nearly 10-year hiatus, CEO Chris Kempczinski hopes to draw customers to the company’s loyalty program.

“Roughly a quarter of our business in the US is from our loyalty program,” Kempczinski said during McDonald’s (NYSE:MCD) recent earnings call with analysts.

With a goal of 250M global active loyalty members by the end of 2027, McDonald's (NYSE:MCD) has reached three-quarters of that goal so far.

What’s Trending on Seeking Alpha:

Trump’s Tariffs: Key announcements from September

OpenAI's H1 revenue climbs 16% to $4.3 billion - report

Ford, GM offer deals to extend use of $7,500 EV tax credit beyond Sept. 30 - report

Catalyst watch:

Amazon (NASDAQ:AMZN) will hold a hardware reveal event. The showcase is expected to spotlight a new wave of Echo smart speakers, Fire TV devices, and Kindle e-readers, all designed to leverage the upgraded Alexa Plus AI assistant.

Dow, S&P and Nasdaq futures are in the red. Crude oil is down 1% at $62/barrel. Bitcoin is down 1.1% at $113,000. Gold is down 0.8% at $3,802.

The FTSE 100 is down 0.1% and the DAX is flat.

The biggest movers for the day premarket: Firefly Aerospace (NASDAQ:FLY) -12% – Shares dropped after the booster stage of an Alpha rocket exploded during a pre-flight test in Texas. The company confirmed all personnel were safe and proper safety protocols were followed.

On today’s economic calendar:

9:00 am Boston Federal Reserve Bank President Susan Collins will give brief remarks and participate in a moderated question-and-answer session before the Council on Foreign Relations C. Peter McColough Series on International Economics.

10:00 am JOLTS

1:30 pm Chicago Federal Reserve Bank President Austan Goolsbee will participate in a moderated question-and-answer session before the Federal Reserve Bank of Chicago Midwest Agriculture Conference: Midwest Agriculture and Trade Uncertainty.

7:10 pm Dallas Federal Reserve Bank President Lorie Logan will participate in a conversation moderated by Federal Reserve Bank of Dallas Vice President Pia Orrenius before the Dallas Fed Survey Participants' Appreciation Reception.

Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.

SummaryCivitas Resources is unloading risky assets, paying down debt, and buying back ~25% of its market cap.A 6%+ dividend backed by a 29% free cash flow yield makes the payout look rock solid.With shares trading at a 40%+ discount to NAV, CIVI could deliver massive upside.That said, there are some important risks to keep in mind.Looking for a portfolio of ideas like this one? Members of High Yield Investor get exclusive access to our subscriber-only portfolios. Learn More » RomoloTavani/iStock via Getty Images

Civitas Resources (NYSE:CIVI) is one of the very cheapest high-yielding energy stocks (XLE) available today, as it combines a 43% discount to NAV as of this writing with a dividend yield of over 6% backed

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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A new survey shows that 43% of Americans have difficulty falling asleep because they can't quiet their minds; new Melatonin-free and CBD-free sleep support utilizes reishi mushroom, chamomile, and magnesium to support calm, relaxation, and quality sleep.

, /PRNewswire/ - (TSX: CWEB) (OTCQB: CWBHF) Charlotte's Web Holdings, Inc. ("Charlotte's Web" or the "Company"), the pioneer and market leader in hemp-derived CBD wellness, today announced the launch of Quiet Sleep Mushroom Gummies, a melatonin-free, cannabinoid-free formula designed to calm the mind and support quality sleep. This new product reflects the Company's continued expansion into the sleep and relaxation category, meeting consumer demand for natural, drug-free alternatives.

Quiet Sleep Gummies pair organic reishi mushroom fruiting bodies, chamomile flower extract, and bioavailable magnesium citrate, a potent trio that helps ease tension, promote relaxation, and prepare the body and mind for restful sleep. Available in strawberry lemon flavor and 30- and 60-count bottles, Quiet Sleep Gummies are crafted for convenience, taste, and everyday use.

Key Benefits:

Melatonin-free, cannabinoid-free sleep support
Powered by reishi mushroom, chamomile, and magnesium citrate
Helps relax mind and body, calm the body, and prepare for sleep
Vegan, with no stevia, monk fruit, or sugar alcohols
Available in strawberry lemon flavor

"Millions of Americans struggle with sleep, and not everyone wants to use melatonin or conventional options," said Bill Morachnick, CEO of Charlotte's Web. "Quiet Sleep reflects our commitment to science-backed, plant-based innovation. By combining three trusted ingredients that work in harmony to calm the mind and promote quality, natural sleep, we've created a gentle yet effective solution that supports nightly rest and meets the growing consumer interest in mushroom and botanical wellness."

The launch comes amid rapid growth in the functional mushroom and sleep-support supplement markets. A consumer survey of 1,080 Americans found that 80% stay up later than they should even when tired, at least occasionally.  This behavior is known as "revenge bedtime procrastination," where people sacrifice rest even when it negatively impacts their relationship with sleep. In a hectic world, Quiet Sleep Gummies help to calm you down and set you up for a good night's sleep with a vegan, stevia-free gummy standardized for active compounds, setting it apart in a crowded sleep-aid category.

Quiet Sleep Gummies retail for $34.99 (60-count) and are available on www.charlottesweb.com beginning September 30, 2025. Shop the full sleep collection here.

To learn more about Charlotte's Web, please visit www.charlottesweb.com.

About Charlotte's Web Holdings, Inc.
Charlotte's Web Holdings, Inc., a Certified B Corporation headquartered in Louisville, Colorado, is a botanical wellness innovation company and market leader in hemp extract wellness. The Company's product categories include CBD oil tinctures (liquid products), CBD gummies (sleep, calming, exercise recovery, immunity), CBN gummies, hemp-derived THC microdose gummies, functional mushroom gummies, CBD capsules, CBD topical creams and lotions, as well as CBD pet products for dogs. Through its substantially vertically integrated business model, Charlotte's Web maintains stringent control over product quality and consistency with analytic testing from soil to shelf for quality assurance. Charlotte's Web products are distributed to retailers and healthcare practitioners throughout the U.S.A. and are available online through the Company's website at www.charlottesweb.com.

SOURCE Charlotte's Web Holdings, Inc.

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Ocular Therapeutix, Inc.

BEDFORD, Mass., Sept. 30, 2025 (GLOBE NEWSWIRE) -- Ocular Therapeutix, Inc. (Nasdaq: OCUL) (“Ocular”, the “Company”), an integrated biopharmaceutical company committed to redefining the retina experience, today announced the pricing of an underwritten offering of 37,909,018 shares of its common stock at an offering price of $12.53 per share for gross proceeds of approximately $475.0 million, before deducting underwriting discounts and commissions and other offering expenses payable by the Company. All of the shares in the offering are to be sold by the Company. The offering is expected to close on or about October 1, 2025, subject to the satisfaction of customary closing conditions.

BofA Securities, TD Cowen and Piper Sandler & Co. are acting as joint book-running managers for the offering. Baird and Raymond James are acting as lead managers for the offering, and Citizens Capital Markets and H.C. Wainwright & Co. are acting as co-managers for the offering.

The Company expects to use the net proceeds from this offering, together with its existing cash and cash equivalents, to fund its planned open-label extension study for AXPAXLI™ in patients with wet age-related macular degeneration (wet AMD); to fund its planned Phase 3 clinical trials of AXPAXLI for the treatment of non-proliferative diabetic retinopathy (NPDR); for investments in infrastructure, including capital expenditures to support manufacturing; for pre-commercialization activities associated with AXPAXLI, if approved; and for working capital and other general corporate purposes.

The offering is being made pursuant to an automatically effective shelf registration statement on Form S-3 that was filed with the Securities and Exchange Commission (SEC). The offering is being made only by means of a prospectus supplement and the accompanying prospectus that form a part of the registration statement. A final prospectus supplement relating to the offering will be filed with the SEC and will be available on the website of the SEC at www.sec.gov. When available, copies of the final prospectus supplement and the accompanying prospectus relating to this offering may be obtained by contacting BofA Securities, NC1-022-02-25, Attention: Prospectus Department, 201 North Tryon Street, Charlotte, NC, 28255-0001, or by email at [email protected]; TD Securities (USA) LLC, 1 Vanderbilt Avenue, New York, NY 10017, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by email at [email protected]; or Piper Sandler & Co., Attention: Prospectus Department, 350 North 5th Street, Suite 1000, Minneapolis, MN 55401 or by email at [email protected].

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities, in any state or jurisdiction in which such offer, solicitation or sale would be unlawful, prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Ocular Therapeutix, Inc.

Ocular Therapeutix, Inc. is an integrated biopharmaceutical company committed to redefining the retina experience. AXPAXLI™ (also known as OTX-TKI), Ocular’s investigational product candidate for retinal disease, is an axitinib intravitreal hydrogel based on its ELUTYX™ proprietary bioresorbable hydrogel-based formulation technology. AXPAXLI is currently in Phase 3 clinical trials for wet age-related macular degeneration (wet AMD), with a Phase 3 clinical program for non-proliferative diabetic retinopathy (NPDR) planned to be initiated imminently.

Ocular’s pipeline also leverages the ELUTYX technology in its commercial product DEXTENZA®, an FDA-approved corticosteroid for the treatment of ocular inflammation and pain following ophthalmic surgery in adults and pediatric patients and ocular itching associated with allergic conjunctivitis in adults and pediatric patients aged two years or older, and in its investigational product candidate OTX-TIC, which is a travoprost intracameral hydrogel that is currently in a Phase 2 clinical trial for the treatment of open-angle glaucoma or ocular hypertension.

Cautionary Note Regarding Forward Looking Statements

Any statements in this press release about future expectations, plans, and prospects for the Company, including the Company’s expectations and plans regarding the underwritten offering and the Company’s anticipated use of proceeds of the offering, the anticipated closing date of the offering, and other statements containing the words “anticipate,” “believe,” “estimate,” “expect,” “intend”, “goal,” “may”, “might,” “plan,” “predict,” “project,” “target,” “potential,” “will,” “would,” “could,” “should,” “continue,” and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors. Such forward-looking statements involve substantial risks and uncertainties that could cause the Company’s clinical development programs, future results, performance or achievements to differ significantly from those expressed or implied by the forward-looking statements. Such risks and uncertainties include, among others, uncertainties related to market conditions, the satisfaction of customary closing conditions related to the underwritten offering, the need for additional financing or other actions and other factors discussed in the “Risk Factors” section contained in the final prospectus supplement related to the offering to be filed with the SEC, the accompanying base prospectus to the registration statement related to the offering, and the Company’s quarterly and annual reports on file with the Securities and Exchange Commission. In addition, the forward-looking statements included in this press release represent the Company’s views as of the date of this press release. The Company anticipates that subsequent events and developments will cause the Company’s views to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so except as required by law. These forward-looking statements should not be relied upon as representing the Company’s views as of any date subsequent to the date of this press release.

Investors & Media
Ocular Therapeutix, Inc.
Bill Slattery
Vice President, Investor Relations
[email protected]

SummaryWalmart (WMT) stands out as a global retail leader with strong top and bottom line growth, outperforming the broader market over the past five years.
Despite a high forward P/E of 39.54, WMT's dominant market position and nearly double-digit EPS growth justify its premium valuation.
WMT is rated a Buy with a $117 price target for FY2027, offering about 14% upside, excluding dividends, and appealing to long-term investors seeking stability.
The stock offers a defensive investment approach, strong moat, and potential downside protection, making it attractive during market volatility.
tupungato/iStock Editorial via Getty Images

Walmart, Inc. (NYSE:WMT) is a global retailer and wholesale corporation. The consumer staples company operates in hypermarkets, discount and department stores, and through its e-commerce platform, offering everyday items at affordable prices.

WMT has

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in WMT, over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

ETH saw a sudden rebound to $4,200 from $3,800 level after the fourth false break, according to crypto research firm Matrixport. The recent rebound, fueled by renewed whale accumulation and options strategy, has set the stage for a big rally.

Matrixport Predicts ETH Rally on False Breaks
ETH has recovered to the multi-year upper triangle and is now attempting to rally again, Matrixport predicted on September 30. The market has witnessed the fourth false break this year, which has triggered a big rally in the weeks ahead.

Also, previous false breaks saw limited downside. The current ETH price action is showing similar signs, suggesting trades to watch for another quick rebound. On technical charts, the rebound looks constructive and indicates strength ahead of October seasonality.

ETH Rally on False Breaks. Source: Matrixport
Meanwhile, 10x Research revealed that options markets are also flashing bullish signals, completely different from a week ago during the Ethereum options expiry. 10x Research analyst Markus Thielen claims seasonality and positioning could decide the market direction next.

ETH options traders are mostly targeting $4,300 and $4,500 strike prices. Some are more bullish on an ETH rally to $5,000 by the end of October, with a put-call ratio of 0.70 and max pain at $4,200.

ETH Options Open Interest. Source: Deribit
ETH Whales Are Accumulating Massively
Whales are withdrawing massive amounts of ETH from crypto exchanges in the last few days. Continued ETH buying by Ethereum treasury Bitmine Immersion (BMNR) and developments such as SWIFT partnering with Ethereum native Consensys have prompted bullish sentiment among crypto participants.

Lookonchain revealed that whales are on a buying spree, 0x93c2 and 0x6F9b purchased $106.74 million and $21 million in the last 4 hours.

ETH Whale Accumulation. Source: Lookonchain
Also, Onchain Lens reported a whale withdrew 3,629 ETH worth $15.22 million from Binance. The whale now holds more than 3,666 ETH, valued at almost $15.36 million.

1 hour ago, a whale 0x1fc withdrew another 2.36k $ETH ($9.92M) from #Binance

Withn 4 months, he accumulated totally 29.8k $ETH ($113M) at avg entry $3,794

Address:https://t.co/eGTBWRX43L pic.twitter.com/cQjf5zPEjd

— The Data Nerd (@OnchainDataNerd) September 30, 2025

Ethereum Price Reclaims the Key $4,200 Level
Ethereum price today jumped 1%, with the price currently trading at $4,185. The 24-hour low and high are $4,087 and $4,240, respectively. Furthermore, the trading volume has further increased by 40% in the last 24 hours, indicating a massive rise in interest among traders.

Analyst Ted Pillows predicts $4,250 as the next major level to watch, opening the door for more upside. Meanwhile, Ethereum ETF inflow of over $546 million builds up bullish sentiment, with Fidelity buying $202 million in Ether. However, if ETH fails to reclaim this level, a drop towards $4,000 could happen.  

Ethereum Price in Daily Timeframe. Source: Ted Pillows

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Key NotesEther closes Q3 with over 68% return, eyeing the $4,300 resistance.Major wallets and corporate treasuries expand Ethereum holdings.Analysts hint at a potential year-end rally, with price targets above $5,700.
Ethereum

ETH
$4 150

24h volatility:
0.4%

Market cap:
$500.88 B

Vol. 24h:
$35.64 B

is steadily moving toward the critical $4,300 level, after recording a 2.2% daily gain on September 30. The world’s second-largest cryptocurrency is currently trading around $4,190, wrapping up the third quarter with a 68% return.

Recall Ethereum’s performance in 2020, when a similar strong Q3 close led to a 104% surge in Q4.

Ether quarterly returns | Source: CoinGlass

If a similar pattern plays out, ETH could climb past $8,000 before the end of the year, aligning with the bullish forecasts from several market bulls.

Notably, Ether saw a price dip to $3,850 on Sept. 25, but quickly rebounded. Analysts note that funding rates stayed negative through last week, a signal often linked with market bottoms.

Ethereum Funding Rates on all exchanges | Source: CryptoQuant

According to a CryptoQuant strategist, the funding rates are now turning positive, indicating that a breakout is near.

Whale Accumulation Signals Confidence
Large investors and institutions continue to accumulate ETH, making it one of the best crypto to buy right now. LookOnChain revealed that on September 30, a newly created wallet, likely linked to BitMine, acquired 25,369 ETH worth roughly $106.7 million.

BitMine had just announced that its total Ethereum treasury surpassed 2.65 million tokens.

Whales keep buying $ETH!

Newly created wallet 0x93c2(likely belonging to #Bitmine) received 25,369 $ETH($106.74M) from #FalconX 3 hours ago.

Newly created wallet 0x6F9b withdrew 4,985 $ETH($21M) from #OKX 4 hours ago.https://t.co/cCrHJGaEzQhttps://t.co/t3kROevRif pic.twitter.com/lISeoRGXfm

— Lookonchain (@lookonchain) September 30, 2025

Data confirms that another new wallet withdrew 4,985 ETH, valued at around $21 million, from exchange OKX on the same day.

These accumulations suggest that smart investors could be preparing for a possible price surge.

Moreover, digital asset firm Bit Digital recently announced plans to raise $100 million through a convertible senior note offering. Net proceeds are primarily for Ether purchases, alongside broader business investments in crypto space.

Bit Digital Announces Proposed Offering of $100 Million Convertible Notes@BitDigital_BTBT today announced a proposed registered underwritten public offering by the Company of $100,000,000 aggregate principal amount of its convertible senior notes due 2030, subject to market and…

— Bit Digital, Inc. NASDAQ:BTBT (@BitDigital_BTBT) September 29, 2025

Popular market analyst Donald Dean set a near-term price target of $5,766. He pointed to $4,300 as a critical “volume shelf,” a potential launch point for further upward movement.

$ETH $ETHUSD Ethereum – Moving Up, Support Found

Price Target: $5766

ETH is moving toward the volume shelf at $4300, a potential launch area. Crypto momentum is increasing.

The next target is at the 50% retracement ETH/BTC ratio.$ETHA $ETHE pic.twitter.com/92eZHCC4ew

— Donald Dean (@donaldjdean) September 29, 2025

If bullish momentum persists, Ethereum may soon test this level, leading to a stronger finish to 2025.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

Cryptocurrency News, News

A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.

Parth Dubey on LinkedIn

Summary

Bitcoin price prediction analysts note BTC is trading in the low-to-mid $114k level following a late-September rally.
Spot-ETF flows have been mixed: prior weekly withdrawals were significant, but certain US ETFs lately had fresh daily inflows.
Key short-term range: $108k-$116k; a break above the range leads to $118k-$120k (or higher in a protracted rally).
Breakdown below $108k increases the likelihood of a move to $105k or lower.
Structural market changes, such as increased derivatives open interest and larger institutional venues (for example, IBIT), raise both upside potential and tail-risk volatility.

The Bitcoin price prediction is back in focus as Bitcoin has recovered to the mid-$114k range following a tumultuous September, with recent market action shifting sentiment from consolidation to renewed bullish anticipation.

The move reflects a combination of variables, including spot-ETF flows that have at times boosted and drained liquidity, significant on-chain accumulation by major holders, and the building of derivatives positioning that can exacerbate moves in either direction.  

Crypto market analysts are closely monitoring whether the late-September rally will pave the way for a sustainable Q4 advance or merely another round of volatility.

Bitcoin price prediction: Current scenario
BTC 1d chart, Source: crypto.news
Bitcoin is currently trading in the low-to-mid $114k region, following a late-September increase in volume and bids; price feeds and recent reports place the level between $114.4k and $114.6k.

Markets are processing contradictory capital flows: while some weekly data revealed significant withdrawals from pooled products earlier this month, intraday and product-level activity has been inconsistent, with many US spot ETFs reporting fresh daily inflows.

At the same time, options and futures open interest have soared, and institutional venues (most notably IBIT) have swiftly expanded their presence in derivatives markets, resulting in a structural shift that alters how liquidations and gamma squeezes may unfold.

All of this is layered on top of usual technical zones: the market found support in the low-$109k range during recent falls and is now encountering clustering resistance across the $113k-$116k band, where recent supply has concentrated.

Upside outlook
On the upside, a clean break and hold above the mid-$116k level would improve the chart structure and potentially accelerate a push toward the $118k-$120k zone as leveraged short positions unwind and ETF demand boosts net buying.  

Several market commentaries now identify Q4 as a window in which persistent institutional allocation could significantly re-rate prices, assuming flows continue favorably; under such a scenario, several analysts even sketch out considerably bigger year-end objectives, aligning with a cautiously bullish BTC price forecast.

Furthermore, massive on-chain accumulation by long-term and institutional whales, as well as declining exchange balances in recent snapshots, support the case for greater moves if buyer confidence remains strong.

Downside risks
The negative scenario for Bitcoin (BTC) is clear: failure to hold the low-$108k support zone would likely expose the mid-$100k level to fresh selling pressure, with $105k a reasonable nearer-term target on a deeper fall. Near-term risks include sporadic ETF outflows, miner or exchange selling, network update disputes, and macro shocks (central bank speech or unanticipated risk-off events) that can abruptly affect sentiment.  

Seasonality, which has historically been unfavorable in September, combined with the risk of short, rapid liquidations when derivatives positioning is concentrated around important levels, suggests that elevated intraday volatility could be expected even if the broader Bitcoin outlook remains supportive.

Bitcoin price prediction based on current levels
BTC support and resistance levels, Source: Tradingview
Given the current structure and flows, the operative near-term price band to watch is between $108k and $116k. As Bitcoin can maintain a move over the upper end of that range, the more likely path is a continuation toward $118k-$120k, with an extended bull scenario pushing prices to the mid-$120ks or higher as institutional allocation accelerates.  

In contrast, a clear break below $108k would enhance the likelihood of a slide toward $105k and could reopen lower targets if macroeconomic conditions deteriorate. Overall, the balance of evidence now suggests a cautiously bullish leaning, subject to further ETF absorption and the absence of massive, disorderly selling, but traders should anticipate increased realized volatility as posture shifts.

This creates an expectation of near-term turbulence while maintaining a broader bullish projection toward higher price levels if supportive flows persist.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

XRP Ledger Sees Massive Payment Volume as Daily Transfers SurgeAccording to recent data from Dune Analytics, the XRP Ledger has recorded over 483 billion XRP in total payment volume, highlighting the digital asset’s continued prominence in global payments and blockchain-based transfers. 

This milestone underscores XRP’s role as a high-speed, low-cost solution for moving value across borders, catering to both institutional players and individual users.

On a daily scale, the network remains highly active, with more than 230 million XRP moved just today, reflecting the consistent utility and liquidity of the token. These figures indicate not only sustained adoption but also the underlying strength of the XRP Ledger as a scalable financial infrastructure. 

For context, XRP Ledger’s design enables near-instant settlements and minimal transaction costs, making it a preferred choice for cross-border payments compared to traditional systems.

Notably, these figures go beyond statistics, they highlight XRP’s growing significance in the digital asset ecosystem. 

Handling hundreds of millions of daily transfers showcases the network’s speed, reliability, and scalability, essential for both retail and institutional adoption. High payment volumes underscore XRP’s utility as a practical tool for real-world finance, not just speculative trading.

As a result, XRP Ledger’s transparency and proven performance are drawing fintech firms and traditional banks alike, as it enables faster, cheaper, and more secure transfers, solidifying its position as a leading payments-focused blockchain.

XRP Eyes $3 as Technical Indicators Signal Bullish MomentumXRP is showing promising signs of bullish momentum, according to market analyst Cas Abbe. 

As long as a breakout above the $2.90 mark materializes, the digital asset could potentially target the $3.05–$3.10 range, signaling renewed investor confidence and a strong upward trend.

Source: Cas AbbeAbbe emphasizes that holding XRP above the $2.80 support is crucial for sustaining bullish momentum. This key pivot protects recent gains, and traders are closely monitoring it, any breach could stall or reverse the rally with the current price standing at $2.86.

Meanwhile, XRP’s RSI at 57 signals room for further upside before overbought territory, suggesting sustained buying pressure and a positive outlook for both traders and long-term investors.

On the other hand, the MACD is approaching a bullish crossover, a key signal that often precedes price gains. When the short-term average crosses above the long-term, it indicates rising buying momentum. Together with current RSI levels, this points to a likely continuation of XRP’s upward trend.

ConclusionThe XRP Ledger’s 483 billion XRP total payment volume and 230 million XRP daily transfers showcase a network that is not only resilient but increasingly central to the future of digital finance. 

On the other hand, XRP is showing strong potential for a bullish move, with technical indicators pointing to further gains. A clear breakout above $2.90 could pave the way to the $3.05–$3.10 zone, provided the asset maintains key support levels.

Ethereum (ETH) bounced from a 7-week low at $3,872 and now trades at $4,187, testing the $4,222 resistance.On-chain data shows new address creation at a 2-month low, signaling weak network growth, but HODL Waves reveal short-term holders maturing.A breakout above $4,222 could push ETH toward $4,500, while failure to hold support risks a drop back to $3,872, invalidating the bullish thesis.Ethereum, the second-largest cryptocurrency, recently bounced back after hitting a seven-week low. The altcoin king is trading near key levels, but investors remain cautious as signals from the market appear mixed. 

While short-term relief has arrived, uncertainty still clouds Ethereum’s trajectory in the coming sessions.

Ethereum Needs Stronger Support
On-chain data shows new Ethereum addresses are at a two-month low, reflecting weaker network growth. New addresses often indicate the level of market traction, and the decline suggests hesitation among participants. Many investors appear unwilling to commit fresh capital until stronger recovery signs emerge in ETH.

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The fall in new addresses coincided with Ethereum’s price dip, signaling a lack of conviction from potential investors. Without a steady influx of new buyers, Ethereum faces challenges in building sustainable momentum.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

Ethereum New Addresses. Source: Glassnode
Ethereum’s HODL Waves provide insight into investor conviction. The supply held by one to three-month holders has risen by 3% in the last month, climbing from 8.7% to 11.4%. This suggests existing holders are staying confident, riding out volatility instead of contributing to selling pressure.

Such behavior is important for Ethereum’s resilience. When short-term holders mature, they reduce rapid sell-offs and support price stability. This holding pattern could help Ethereum withstand bearish pressure, laying the groundwork for potential recovery once new capital inflows strengthen network participation.

Ethereum HODL Waves. Source: Glassnode
ETH Price Awaits Breach
Ethereum trades at $4,187, just under the $4,222 resistance level after rebounding from a $3,872 low. This recovery highlights buyer interest at support levels. However, the broader market remains cautious, waiting to see whether Ethereum can sustain momentum and reclaim critical price barriers.

If Ethereum breaches $4,222, it could flip this level into support, potentially extending gains. Still, breaking above $4,500 will be difficult without fresh inflows. Limited liquidity and investor hesitation could keep Ethereum rangebound, consolidating until stronger catalysts emerge in the market.

ETH Price Analysis. Source: TradingView
On the downside, failure to maintain support could reignite bearish sentiment. If selling intensifies, Ethereum might slip through $4,074 and retest $3,872. Such a decline would invalidate the bullish outlook.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

OKX Singapore launched scan‑to‑pay support allowing users to spend USDC and USDT at Grab Pay merchants by scanning Singapore's unified QR code (SGQR) through OKX Pay.

The crypto market climbed on Sept. 30 as Bitcoin, Ethereum, and BNB posted gains, fueled by institutional inflows and fresh policy momentum.

Summary

Market cap climbed 1.4% to $4T with $173B volume.
Bitcoin, Ethereum ETFs saw $1B in combined inflows.
SWIFT, SEC, and CFTC updates boosted global sentiment.

The crypto market’s total capitalization climbed 1.4% to surpass $4 trillion. In the last 24 hours, trading volumes totaled $173 billion. Ethereum gained 2.1% to hold above $4,200, while Bitcoin increased 1.9% to trade above $114,000. Smaller gains were also made by Solana, XRP, and BNB.

The rise comes after a turbulent September, when more than $1.5 billion in liquidations briefly pulled the market cap under $3.9 trillion. Conditions have since steadied, with the Crypto Fear & Greed Index moving back to a neutral 50 from around 40 last week.

Market data from Coinglass shows an average relative strength index at 43.34, while open interest rose 1.5% to $202 billion. About $314 million in positions were liquidated in the past day, reflecting the adjustment to higher prices.

Exchange-traded fund activity has been a key driver. On Sept. 29, spot Bitcoin and Ethereum funds saw more than $1 billion in combined inflows, as per SoSoValue data. Ethereum ETFs attracted $546 million, ending a five-day run of redemptions, while Bitcoin ETFs gained $521 million, reversing two days of outflows. 

The total inflows for September are $158 million for Ethereum ETFs and $3.10 billion for Bitcoin ETFs.

Policy and infrastructure updates have added to the positive tone. The Securities and Exchange Commission eased rules on crypto ETF approvals. Bloomberg ETF analyst Eric Balchunas has raised approval odds for Solana ETFs to 100%. The Commodity Futures Trading Commission also proposed allowing stablecoins as derivatives collateral. 

On the global front, SWIFT announced it is expanding blockchain integration with more than 30 banks, Kazakhstan launched a state-backed stablecoin on Solana, and Vietnam invited Binance to set up regional headquarters.

Ongoing crypto market risks to watch for
There are still risks to watch out for, like a potential government shutdown in the U.S.,which has previously led to market downturns. Political and regulatory noise around insider trading probes into crypto treasuries adds caution.

That said, the fourth quarter has historically produced significant gains. Bitcoin has grown by about 20%-30% on average over the last four quarters. Analysts like those at Pantera Capital now eye $150,000 per BTC by year-end if liquidity holds. October could also see capital rotation into altcoins if BTC dominance dips below 55.

Bitcoin, Ethereum ETF inflows top $1B: Fidelity leads, BlackRock lags Oluwapelumi Adejumo · 9 seconds ago · 2 min read

A broad V-shaped day: Fidelity funds dominated while Ark, Grayscale and Bitwise added; flows bolster risk appetite after weeks of outflows.

Sep. 30, 2025 at 10:48 am UTC

2 min read

Updated: Sep. 30, 2025 at 10:48 am UTC

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

US-listed spot Bitcoin and Ethereum exchange-traded funds (ETFs) drew more than $1 billion in net inflows on Sept. 29, signaling renewed investor confidence after weeks of heavy outflows.

The sharp turnaround also came as the broader crypto market sentiment improved and prices staged a notable rebound.

Bitcoin and Ethereum ETFs outflowsData from SoSoValue shows that Bitcoin ETFs captured $521.95 million in inflows, with Fidelity’s FBTC accounting for the bulk of activity. The fund pulled in $298.70 million, which is more than half of the day’s net total.

Other major contributors included Ark 21Shares’ ARKB, which saw $62.18 million in inflows, Grayscale’s BTC and Bitwise’s BITB, which contributed approximately $47 million each, and Invesco’s BTCO attracted $35.34 million in fresh capital.

Meanwhile, VanEck’s HODL added $30.66 million, while Grayscale’s GBTC brought in $26.91 million. Smaller but notable gains came from Franklin Templeton’s EZBC at $16.51 million and Valkyrie’s BRRR at $4.03 million.

Notably, BlackRock’s IBIT, the dominant Bitcoin ETF, was the only product to register losses, with $46.64 million in outflows. This marked the fund’s third day of withdrawals in September.

On the other hand, Ethereum ETFs saw even stronger inflows on the day, totaling $546.96 million. Fidelity’s FETH led the charge with $202.18 million, followed by BlackRock’s ETHA at $154.20 million.

Grayscale’s ETH and ETHE added $99.84 million and $22.77 million, respectively, while Bitwise’s ETHW saw $36.52 million in inflows.

Crypto market recoveryThe inflows coincided with a sharp recovery in asset prices, reinforcing the view that institutional demand remains highly sensitive to market signals.

Timothy Misir, head of research at BRN, pointed out that Bitcoin climbed back to $114,000, erasing much of the prior week’s losses and forming a sharp V-shaped recovery.

According to him, BTC investors consistently defended the $110,000 to $111,000 range, creating a sequence of higher lows that strengthened bullish conviction.

Misir continued that the resistance lies between $115,000 and $116,300. He noted that consolidation in that zone is likely before any push higher, but stressed that as long as Bitcoin trades above $109,000, momentum remains constructive.

Mentioned in this articleLatest US StoriesLatest Bitcoin Stories

Ethereum price continues to dominate discussions as analysts highlight repeating cycles that historically triggered strong rallies. The ETH price has once again shown signs of resilience after a liquidity reset, with oversold conditions resembling previous setups. Pundits suggest this structure mirrors earlier phases that produced explosive gains. Meanwhile, institutional participation and whale activity provide additional conviction.

Ethereum Price Cycles Point to Explosive Rally Potential
Specifically, Merlijn The Trader highlights Ethereum’s repeating structure of liquidity grabs followed by sharp recoveries. The first major move saw ETH price climb nearly 95% from $1,343 after a spring base formation. A second cycle later delivered a 132% rally, propelling Ethereum well above $4,900 in July. 

The current Ethereum market price trades at $4,168, consolidating after another liquidity flush. Technicals highlight $4,957 as a critical resistance, with Fibonacci levels projecting further targets at $5,655, $6,784, and $8,610. 

Meanwhile, the long-term Ethereum price prediction remains constructive as repeated cyclical structures point toward higher valuation zones. The highlighted 125% measured move projects a possible rally towards $8,600, keeping Ethereum aligned with its historical rhythm. 

As the expert emphasizes, these repetitive setups show strong hands accumulating while weaker players are flushed out.

ETH/USD 1-Day (Source: X)
Institutions and Whales Back ETH Price Expansion
BlackRock recently secured $154.2 million in ETH, reinforcing Ethereum price confidence at institutional levels. Fidelity followed with a substantial $202.2 million ETH purchase, further solidifying demand. 

Meanwhile, whales have mirrored these moves, as on-chain data shows 3,629 ETH worth $15.2 million withdrawn from Binance. 

Another address currently holds more than 3,600 ETH, valued at $15.3 million, emphasizing conviction in accumulation. These whale moves reduce available exchange supply, historically tied to price appreciation. 

Collectively, such activity strengthens the ETH price outlook by merging institutional conviction with on-chain buying. This convergence between traditional finance and large holders suggests Ethereum’s bullish setup is not isolated to charts alone but supported by real market flows.

Ultimately, Ethereum price now sits at the center of a powerful technical and fundamental convergence. Chart structures highlight $8,600 as the next key target, while whales and institutions build a strong foundation beneath ETH price. The repeated cycle of liquidity grabs, coupled with sustained accumulation, sets the stage for significant continuation. With both historical precedent and fresh capital aligning, Ethereum appears well-positioned for another expansive rally phase.

Frequently Asked Questions (FAQs)

Cyclical analysis shows Ethereum often rallies after liquidity grabs, repeating predictable recovery patterns.

Large investments from BlackRock and Fidelity strengthen confidence and signal growing institutional adoption.

Whale accumulation reduces exchange supply, historically fueling stronger upward price movements.

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Stay Ahead with Our Immediate Analysis of Today’s Bitcoin & Bitcoin Hyper Insights
Check out our Live Bitcoin Hyper Updates for September 30, 2025!

In 2010, Bitcoin was worth a few cents. One year later, it hit $20. In six years, it was $17,000, and now it’s sitting at over $110K, after hitting an ATH of $123K in July.

Historically, if you’d invested in Bitcoin at launch, you’d have an ROI of 188,643,000%. The likes of Mastercard, JP Morgan, and scores of S&P 500 companies are buying Bitcoin in droves. There’s never been anything like Bitcoin before, and investors are waking up to that reality.

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Bitcoin Hyper ($HYPER) is a crypto project planning to launch the fastest Layer-2 chain for Bitcoin. Its goal – to bring Bitcoin’s blockchain to modern standards. This means compatibility with dApps, smart contracts, and seamless DeFi programmability for developers.

The L2 will run on a Canonical Bridge, combined with the Solana Virtual Machine (SVM), for native compatibility with Solana. You’ll be able to build token programs, LP logic, oracles, games, NFT infrastructure, DAOs, and much more. All without reinventing the wheel.

To engage with the L2, you’ll deposit $BTC to a designated address monitored by the Canonical Bridge. The Relay Program verifies the details, and then mints an equivalent number of wrapped $BTC on the L2. You can also withdraw your original $BTC at any time.

If you’re looking for the newest insights on Bitcoin and Bitcoin Hyper, you’re in the right place.

We update this page regularly throughout the day with the latest insider insights for Bitcoin maxis and Bitcoin Hyper fans. Keep refreshing to stay ahead of the pack!

Disclaimer: No crypto investment comes without risk. Our content is for informational purposes, not financial advice. We may earn affiliate commissions at no extra cost to you.

HOW TO BUY $HYPER

Today’s Bitcoin Technical Analysis

Bitcoin is putting up a strong September close, gaining over 3% in the last 3-4 days.

Even though its monthly gain so far is around 4.5%, it’s worth noting that Bitcoin’s average September return across recorded history has been -4.44%.

This makes the current move a notable step up, and an early signal that we could be heading into an explosive Q4.

On the daily chart, Bitcoin has now reclaimed key short-term moving averages, including the 50, 20, and 10 EMAs. This further confirms that a rebound is indeed underway.

And on the weekly chart, Bitcoin has been wrestling with the 0.5-0.618 Fibonacci retracement zone for 3-4 weeks.

Finally, last week, it closed comfortably above it with a bullish hammer candle, suggesting that the pullback from its strong April rally (which pushed it to an all-time high of $124,500 in early August) is now complete, and the token is ready for its next bull run.

BlackRock Overtakes Coinbase in Bitcoin Options —Bitcoin Hyper Presale Poised to Surge Next
September 30, 2025 • 10:00 UTC

BlackRock’s iShares Bitcoin Trust (IBIT) has overtaken Coinbase’s Deribit platform, making it the largest venue for Bitcoin options globally. Open interest in options tied to IBIT recently reached almost $38B, compared to $32B on Deribit.

Founded in 2016, Deribit has led the market in the Bitcoin derivatives sector ever since. On the other hand, IBIT was launched in November 2024 and has turned heads with its rapid adoption and remarkable growth.

IBIT holds the record for crossing $80B in assets under management (AUM) in just 374 trading days (the fastest ETF to reach that milestone). With IBIT now holding 57.5% of all Bitcoin ETF assets under management, institutional conviction in $BTC has grown stronger than ever.

As Bitcoin’s momentum builds, upcoming projects like Bitcoin Hyper ($HYPER), which is still in presale, stand to win big. For degens who have had enough of the boomer-chain lag, Hyper comes as a Layer 2 solution that processes transactions in milliseconds with dust fees.

Learn more about what Bitcoin Hyper is in our detailed guide here.

Bitcoin Reclaims $114K Amid Talks of a Bull Run, Putting Bitcoin Hyper on the Map
September 30, 2025 • 10:00 UTC

Bitcoin reclaimed $114K after three days of floating around the $109K zone.

This is rather unexpected given the strong outflows recorded over the past several days, which casts doubt on Bitcoin’s ability to preserve its momentum.

This hints at several underlying factors that may fuel $BTC’s performance, including the weakness of the labor market that redirects investors to crypto, the coming rate cut at October’s FOMC meeting, and the growing institutional adoption.

With Bitcoin holding strong, Bitcoin Hyper ($HYPER) gains increased attention thanks to its booming presale and long-term potential.

As Bitcoin’s Layer 2 solution, promising faster and cheaper transactions, Hyper raised over $19.2M so far and it’s growing fast.

Learn more about what Bitcoin Hyper is right here.

Authored by Leah Waters, Bitcoinist — https://bitcoinist.com/bitcoin-hyper-live-news-september-30-2025/

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Leah is a British journalist with a BA in Journalism, Media, and Communications and nearly a decade of content writing experience.
Over the last four years, her focus has primarily been on Web3 technologies, driven by her genuine enthusiasm for decentralization and the latest technological advancements.
She has contributed to leading crypto and NFT publications – Cointelegraph, Coinbound, Crypto News, NFT Plazas, Bitcolumnist, Techreport, and NFT Lately – which has elevated her to a senior role in crypto journalism.
Whether crafting breaking news or in-depth reviews, she strives to engage her readers with the latest insights and information. Her articles often span the hottest cryptos, exchanges, and evolving regulations.
As part of her ploy to attract crypto newbies into Web3, she explains even the most complex topics in an easily understandable and engaging way.
Further underscoring her dynamic journalism background, she has written for various sectors, including software testing (TEST Magazine), travel (Travel Off Path), and music (Mixmag).
When she's not deep into a crypto rabbit hole, she's probably island-hopping (with the Galapagos and Hainan being her go-to's). Or perhaps sketching chalk pencil drawings while listening to the Pixies, her all-time favorite band.

BNB price has reclaimed the $1,000 support level as investors bought the recent dip amid new bullish developments surrounding the token. But can it reach a new all-time high as it continues trading within a bullish continuation pattern on the daily chart?

Summary

BNB price reclaimed the $1,000 support on Monday.
The token is trading within an ascending channel pattern, a popular bullish continuation setup in technical analysis.
BNB is witnessing a surge in demand as a treasury asset.

According to data from crypto.news, BNB (BNB) surged to a record high of $1,079 on Sep. 21 before encountering selling pressure that pushed its price down to $975. Although bulls briefly reclaimed the $1,000 level on Sep. 23, a wave of broader market liquidations dragged it back below support. 

Now, with sentiment improving, BNB bulls have once again regained control and pushed the price back above $1,000.

A look at the open interest in the futures market suggests there is robust demand for the altcoin among traders. Notably, BNB’s OI has increased by 3% over the past day to $1.89 billion at press time, while its weighted funding rate has flipped back to positive, suggesting longs were paying shorts to keep their positions open, a sign that traders are increasingly positioning for further upside.22

Further data from CoinGlass liquidation heatmap reveals a high density of short liquidations (yellow bands) clustered around $1,050, just above its current price level, while the liquidation heat is much cooler below the price, suggesting fewer long positions at risk of liquidation. 

BNB liquidation heatmap | Source: CoinGlass
With buyers pressuring sellers, the setup points to a potential short squeeze that could accelerate gains if BNB pushes higher into that zone.

BNB price trades within an ascending parallel channel
On the daily chart, BNB price has been trading within an ascending parallel channel, a popular bullish continuation pattern since the beginning of June. In technical analysis, an asset’s price continues to move upwards as long as it remains within the pattern.

BNB price trades within a bullish continuation pattern on the daily chart — Sep. 30 | Source: crypto.news
BNB price has also moved above both the 50-day and 200-day SMAs, which earlier formed a highly bullish golden cross, a sign that both the short-term and long-term outlook remain positive for the token.

Momentum indicators like the MACD and RSI also point to a bullish bias for the token. The MACD line is close to forming a positive crossover with the signal line, while the RSI remains at 61.7, leaving room for further gains before entering overbought territory.

BNB MACD and RSI chart — Sep. 30 | Source: crypto.news
Therefore, if bullish momentum remains intact, a breakout from its previous all-time high at $1,079 could set up the token to hit a new high of $1,120, a level that lies nearly 10% above the current price level.

On the contrary, a drop below $960, which aligns with the 78.6% Fibonacci retracement, would invalidate the price prediction.

Catalysts that could fuel further upside for BNB
BNB rallied to an all-time high earlier last week, supported by the strong growth of BNB chain’s defi ecosystem led by protocols like Aster, and its growing role in the real-world asset tokenization sector market by the recent launch of Franlin Templeton’s tokenized products last week.

BNB is also seeing fresh demand as a treasury asset alongside other altcoins like Solana, XRP, and Ethereum. As reported by crypto.news earlier, Jiuzi Holdings, a China-based company that operates new energy vehicle retail stores, has recently revealed a $1 billion crypto treasury plan, which will focus on accumulating BNB besides BTC and ETH.

Perhaps the most significant adoption development came from Kazakhstan, which officially launched a state-backed crypto reserve called the Alem Crypto Fund in partnership with Binance. The first asset added to the fund’s portfolio was BNB, a move that underscores growing institutional trust in the token. The fund is managed by Qazaqstan Venture Group and supported by the country’s Ministry of Artificial Intelligence and Digital Development.

All of these developments, unfolding in a short span of time, have meaningfully boosted trader sentiment and renewed institutional interest in BNB.

However, price action may remain cautious in the immediate term as broader crypto markets await clarity from key US economic data this week. Reports such as the JOLTS job openings, ISM Manufacturing Index, weekly jobless claims, and the unemployment rate are expected to influence how soon the Federal Reserve might ease monetary policy.

Nevertheless, once the uncertainty around macro indicators clears, BNB could be well positioned for another leg higher, especially if it breaks past the $1,079 mark with strong volume.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.