Iran’s oil minister, Mohsen Paknejad, resigned on Sunday, with state media giving no reason. Hours earlier, he said oil revenue was still coming in. However, Iran loaded no oil at its export terminals in September, Fortune reported.

Canary Capital filed a pre-effective amendment to its PEPE ETF Form S-1 registration statement with the U.S. Securities and Exchange Commission on October 2. The revised document says the ETF would hold PEPE Coin and that its shares are expected to list on the Cboe BZX Exchange. It also states the fund’s net asset value would be calculated using the CoinDesk PEPE Benchmark Rate 60m NY Rate.

Spot Bitcoin ETFs posted their strongest week in nearly a year, bringing in roughly $2.4 billion in net inflows and pushing year-to-date net flows back into positive territory. The daily picture was volatile: net inflows of $31.07 million on September 28 and $66.19 million on September 30 flipped to a $148.69 million outflow on Wednesday before rebounding to a $102.67 million inflow on Thursday. A prior session also saw a single-day outflow of $462.73 million. Spot Ethereum ETFs showed a similarly split pattern over the same period, leaving the week “mixed.”

Drift Protocol has opened claims and redemptions for its DFX recovery token on Oct. 1, allowing victims of its April exploit to redeem USDT from the Recovery Pool at about 0.0104 USDT per DFX. At launch, the pool held roughly 3.1 million USDT and Drift set a fixed allocation of 299,500,810.998 DFX, representing nearly 299.5 million USDT of verified losses. Because victims receive one DFX for each USDT of verified loss, the initial rate implied about a 1.04% recovery of the corresponding loss. Redemptions execute as an atomic transaction in which the USDT payment and DFX burn occur together.

Anthropic plans to spend $518 billion on cloud computing and compute infrastructure, as the industry expects AI-related capital expenditure to exceed $10 trillion over the next five years. If its valuation reaches $2 trillion, it would rank as the seventh most valuable listed company, ahead of SpaceX at $1.95 trillion. Anthropic also pays SpaceX $1.25 billion a month to rent compute resources and reported $4.6 billion in 2025 revenue and more than $16 billion across the first two quarters of 2026, alongside $34 billion in write-offs.

Solana rose back above $120 on Oct. 4, trading at $120.96. Over the prior week, U.S. spot Solana ETFs posted a record $188 million of net inflows, led by Bitwise’s BSOL with about $128 million, or 68% of the total, CoinDesk reported. Friday alone saw a new daily record of $87 million in net inflows. Technically, SOL is still below a dense resistance zone from $122.57 to $125, and a clean break depends on whether bullish momentum holds.

A fourth tanker has been hit in recent days in the Strait of Hormuz, even as Middle East crude exports have recovered to about 98% of prewar levels. With concerns about supply disruptions easing, oil prices fell.

The U.S. Securities and Exchange Commission has approved Cboe BZX’s proposal to list VS Trust’s 3x Bitcoin ETF and 3x Ether ETF. A preliminary prospectus lists the proposed tickers as BITH for the Bitcoin product and ETHK for the Ether product. Both funds aim to deliver three times their respective benchmark’s daily return before fees, with the net asset value interval defined as one trading day.