A Message From Stansberry Research

Analyst nicknamed "The Prophet" issues new warning for America

Whitney Tilson shocked the nation on 60 Minutes when he accused a major company of poisoning its customers. The investigation won an Emmy and the stock fell nearly 80%. (He also called the housing crisis and the collapse of Bear Stearns and Lehman Brothers). Now, he's releasing his next big story. He says the day after our upcoming midterm elections, America will enter a period of economic change unlike anything we've seen in decades. And most investors are unprepared for what's coming.

For the full presentation, go here.

Institutional Money Is Pouring Into These 2 Altcoin ETFs

Written by Nathan Reiff. Publication Date: 9/14/2026.

A punishing period of declines for altcoins has left many cryptocurrency investors disappointed this year. Still, sentiment may be shifting. XRP, the fifth-largest cryptocurrency by market value, has regained some of its lost ground over the past month, rising about 36% during that period alone. Of course, it remains down more than 25% year to date (YTD), but its recent performance may signal the potential for continued upward momentum.

Investors have at least three reasons to watch altcoins—and leaders such as XRP and its peer Solana in particular. First, the U.S. Senate is expected to vote on the Digital Asset Market Clarity Act, which could have wide-ranging implications for the regulatory environment governing these products. Second, the Federal Reserve's anticipated interest rate decision in mid-September could steer investors toward or away from cryptocurrencies, depending on the outcome. Finally, the emerging market for spot altcoin exchange-traded funds (ETFs) has begun to take off as institutional investors, in particular, have poured money into these funds.

Institutional Boom Could Drive Retail Investor Interest

Spot XRP ETFs have experienced an exceptionally strong period, with more than a week of consecutive inflows. Cumulative inflows to this group of new funds have surpassed $1.6 billion, suggesting that investors—and institutional investors in particular—are increasingly trusting them as a way to gain exposure to altcoins while mitigating risk to some degree.

XRP ETF demand picked up throughout August, with these products receiving a combined $150 million in inflows during the month, making it the strongest month of the year so far.

A fund like the Volatility Shares Trust XRP ETF (NASDAQ: XRPI) is a primary beneficiary of this trend; it now has an asset base of nearly $110 million.

While that figure is paltry compared with the assets of many traditional ETFs, it is a solid foundation for a fund that is just over a year old and operates in a high-risk corner of the speculative crypto market.

XRPI uses XRP futures contracts in an attempt to track the spot price of XRP. Investors can leave the risks associated with managing and holding a cryptocurrency wallet to the fund managers, which may appeal to those seeking convenient access to altcoins. Of course, XRPI is, like XRP itself, down significantly YTD, and its 1.68% expense ratio eats into potential gains by a much wider margin than the fees charged by traditional ETFs. Still, the vote of confidence represented by a series of strong inflows is significant for a fund like this and may help convince retail investors that it is a worthwhile vehicle for gaining XRP exposure through an exchange-traded product.

BSOL Presents a Very Different Way to Access the Altcoin Space

The Bitwise Solana Staking ETF (NYSEARCA: BSOL) offers a very different approach from XRPI. First, it focuses on Solana rather than XRP. Beyond that, the fund gives investors the opportunity to benefit from staking rewards tied to the Solana blockchain. Its net staking reward rate as of mid-September was approximately 5.5%, a nice bonus on top of its 35% one-month return.

Like XRPI, BSOL is down significantly YTD, having declined more than 19%. But the fund also shares some of XRPI's attractive qualities and offers a few of its own.

For one, Solana has been a particularly strong part of the altcoin market in terms of fund inflows this summer.

U.S. products focused on this token brought in more than $170 million in inflows in August, bringing total assets across the category to about $1.5 billion.

BSOL's staking yield provides additional income for investors, helping distinguish it from most other crypto exchange-traded products currently available. It also offers a more competitive annual fee than XRPI, along with a solid asset base approaching $1 billion.

To be sure, the difficult times for altcoins such as XRP and Solana are likely not over. But as more institutional money flows into funds dedicated to these assets, investors may increasingly view them as safer places to put their money. They remain, however, highly speculative investments subject to a shifting regulatory environment, intense competition, and a constantly evolving public perception.

Investors willing to take on risk and expecting the altcoin space to continue its nascent recovery could see significant returns, even as the risk of further losses remains.

A Message From Awesomely

Big news out of Washington that most people missed.

The House of Representatives recently passed landmark legislation, bipartisan, 294 to 134 in the House, to create the most comprehensive financial technology framework in U.S. history.

It's called the Digital Asset Market Clarity Act.

This new law is forcing the entire $382 trillion U.S. financial system onto a brand new, lightning-fast Money Grid.

See the single asset sits at the center of a $382 trillion migration, free report inside.

Bloomberg calls it "a revolution in financial technology."

BlackRock's CEO — the man who manages $15 trillion in assets calls it "the next generation for markets."

The short version: it gives regulators a clear playbook for how America's new financial infrastructure will work.

And when regulators have a playbook?

Institutions stop sitting on the sidelines.

JPMorgan, Citi, Bank of America, and Wells Fargo have already announced plans to build a shared next-generation payment network targeting early 2027.

The DTCC which processed $4.7 quadrillion in transactions in 2025 alone just successfully completed its first live production trades on the new infrastructure this July.

Full commercial launch? Potentially October 2026.

That means the runway is short.

Because once every major bank, broker, and fund is plugged into this new Money Grid...

Digital Oil, the scarce asset that powers every transaction on it?

The demand equation changes permanently.

Senior Blockchain analyst Andy Howard has been tracking this from the beginning and he's put all the details in a free special free report with the name, ticker, and exactly how to buy.

He'll show you what it is, why it matters, and exactly how to get positioned now before the mainstream catches on.

Andy Howard

The Edge™ Senior Blockchain Analyst

P.S. One of the researchers involved in building this new infrastructure said they're creating "a future where all assets can move instantaneously, 24/7." The SEC chair says we're only a couple of years from that future. You're hearing about it early.

Get the name, ticker, and buy instructions for the asset powering America's new financial grid.

SpaceX Defies Gravity With a Nasdaq-100 Double-Weighting Boost

Submitted by Jeffrey Neal Johnson. Publication Date: 9/15/2026.

For investors tracking technology trends and aerospace investments, a notable event is unfolding on Wall Street.

On Friday, Sept. 18, index-tracking funds will make one of the quarter's largest programmatic portfolio adjustments. As post-IPO lockups expire and more of SpaceX's (NASDAQ: SPCX) shares become freely tradable, the company's weighting in the Nasdaq-100 will more than double at the quarterly rebalance.

For individual investors, this adjustment provides a transparent look at how modern markets function. Index funds such as Invesco QQQ Trust (NASDAQ: QQQ), with more than $470 billion in assets, must now allocate billions of dollars at the closing bell, regardless of near-term headlines or market sentiment. Examining how this required capital reallocation interacts with the expanding space economy can help investors separate short-term trading mechanics from fundamental business value.

Nasdaq-100 Lifts the Launchpad for SpaceX

To understand this capital reallocation, investors need to examine the Nasdaq-100 Index's governing framework. When SpaceX completed its initial public offering on June 12, 2026, raising $75 billion at $135 per share, it entered public trading with a closely held share base.

The index administrator applies a float-capping rule whenever the public float comprises less than 33.3% of total shares. Under this guideline, the index calculates weighting based on three times the freely tradable float rather than on full market capitalization.

When SpaceX joined the benchmark on July 7, 2026, this constraint capped its representation at about 1.28%, placing it nineteenth by index weight despite a market valuation near $2 trillion.

That regulatory cap has now widened. Two post-offering lockup periods expired on Aug. 6 and Aug. 20, releasing more than 1.2 billion shares. Major venture backers and long-term funds held onto their stakes, allowing the tradable supply to expand without triggering secondary-market selling. This increase in the float met index eligibility rules, lifting SpaceX's projected weighting to about 2.82% ahead of the official rebalancing on Monday, Sept. 21.

For index-tracking exchange-traded funds managing about $1.7 trillion benchmarked to the Nasdaq-100, this rebalance is automatic. Funds must buy between $15.5 billion and $22 billion of SpaceX shares, concentrating purchase orders during the closing cross on Sept. 18 to limit tracking error.

Commercial Space Reaches Escape Velocity

Index rebalancing may drive short-term buying and selling, but the commercial space sector is riding a much longer wave of growth. The orbital economy is shifting from experimental rocket flights to vital global infrastructure. Modern businesses and government agencies increasingly treat low Earth orbit (LEO) satellite networks as indispensable communications utilities.

National security procurement provides an ongoing foundation for this industry expansion. Modernization initiatives within the Space Development Agency (SDA) consistently direct defense capital toward distributed LEO constellations for missile tracking and encrypted tactical communications. Commercial direct-to-cell connectivity continues to expand the market by connecting ordinary smartphones directly to space-based infrastructure.

Orbital edge computing is emerging as another growth area for the industry. Space systems are beginning to incorporate dedicated data processors, including systems planned around NVIDIA (NASDAQ: NVDA) architecture.

Processing data in orbit before downlinking reduces signal latency and creates opportunities for higher-margin software business models. For investors focused on long-term themes, the ongoing buildout of space logistics and communications represents a compelling trend.

Gravity Catches Up With Operating Momentum

Assessing an individual business requires looking beyond broad sector tailwinds. SpaceX achieved operational progress in the second quarter of 2026, posting $7.81 billion in revenue, an increase of 91.9% year over year (YOY).

The company reported an earnings per share (EPS) loss of 9 cents, beating analyst expectations for a 26-cent loss. Balance sheet metrics remain steady, supported by a current ratio of 5.12, a quick ratio of 4.99 and a conservative debt-to-equity ratio of 0.29.

Investors should weigh these operational milestones against a demanding valuation. Based on annual sales of about $18.67 billion, SpaceX trades at a price-to-sales multiple of roughly 106x. With 10-year Treasury yields hovering near 4.79%, high-multiple stocks face valuation compression if broader market multiples move lower.

Capital expenditures also remain substantial. Maintaining high launch frequencies, manufacturing Starlink user hardware and funding Starship flight testing require significant capital. Until operating cash flow comfortably outpaces infrastructure spending, SpaceX shares will remain sensitive to broader shifts in technology valuations.

Space Traffic Ahead: Dodging Reentry Heat on Rebalance Day

Mandatory index buying against a closely held share base has led some market analysts to anticipate a mechanical price surge heading into Sept. 18. Even with substantial passive capital flows on the horizon, historical market patterns suggest caution when considering front-running strategies.

When SpaceX entered the index on July 7, passive indexers absorbed about $4.3 billion in forced purchases, yet SpaceX shares fell more than 6% that day. Institutional liquidity providers and short-term traders who had accumulated shares before the event used the closing liquidity to unwind their positions. A similar situation could occur if speculative buying becomes overcrowded before Friday's closing bell.

Future share unlocks introduce another layer of supply. More than 2.3 billion restricted shares are scheduled to exit lockup restrictions in late October and mid-November, following third-quarter results. This substantial volume of potential stock could limit upward price progress beyond the current $146-to-$152 trading corridor.

Charting Your Course in the Orbital Tech Frontier

The upcoming rebalancing event provides a useful opportunity to study market mechanics in real time. Investors with a constructive outlook on the space economy might explore diversified aerospace contractors or satellite equipment suppliers trading at lower valuation multiples than SpaceX.

For investors interested in SpaceX, a patient stance may be prudent. Waiting for the market to absorb the Sept. 18 index-rebalance volume and observing how SpaceX navigates its autumn lockup expirations should offer a clearer, more balanced view of long-term entry levels.