Ethereum spot ETFs saw record $465M outflows yesterday (Aug 4th)! BlackRock’s ETHA led with $375M, despite $9.37B in total inflows since launch. Fidelity’s FETH also saw outflows ($55.11M). Total ETF assets are $20.47B (4.7% of ETH market cap). Volatility continues despite $9.02B cumulative inflows.
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Bitcoin spot ETFs saw $333M in outflows for the 3rd day, per SoSoValue. BlackRock’s IBIT led outflows at $292M, while Bitwise’s BITB saw $18.74M inflows. Total ETF AUM is $147.955B (6.46% of BTC market cap). Suggests consolidation/profit-taking. #Bitcoin #ETF
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Coinbase & PayPal are bypassing new US stablecoin regulations (GENIUS Act) by offering 3-5% “rewards” instead of “interest” on holdings. Coinbase isn’t a USDC issuer, & PayPal uses Paxos. Legislation targets *issuers*, not platforms like these. 🤔
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Heavy snow & ice are causing road closures & travel chaos in Crimea. The Krasnokamenka-Dachnoye road is blocked. 80 units of equipment working to clear roads. Bus routes in Sudak canceled. Blizzard & strong winds (up to 25 m/s) expected across central, southern & eastern Crimea + mountains.
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Trader Eugene just closed a profitable ETH trade, netting ~6.14% in under 4 days! 🚀 He's still bullish on ETH, expecting a short-term price jump to $3800-$4000, but chose to take profits during the recent rebound. Smart move! 💰 - @ai_9684xtpa
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Crypto markets rally! Layer 2 leads gains, surging over 6% in 24h. Mantle (MNT) +16.32%, Optimism (OP) & Zora (ZORA) also up. ETH briefly >$3,700, BTC +0.29%. Meme & DeFi sectors positive, NFT & SocialFi down. #crypto #Layer2 #ETH #BTC
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British man to tokenize $1B in lost BTC after recovery efforts fail. 800B Ceiniog Coin (INI) planned, representing 1 Satoshi each. 🚀 Binance lists Succinct (PROVE) Aug 6 + airdrop for BNB stakers. Pump.fun & JD Chain also making moves! #Bitcoin #crypto
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Particle Network launches a universal trading layer for RWAs, stablecoins & digital assets! 🚀 Backed by Circle, this full-stack infrastructure aims to boost DeFi liquidity & streamline trading. A big step towards a more connected digital asset future! #RWA #DeFi #stablecoins
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🤯 Crypto trader turned $22.8K into $2.48M in 3.5 months with the TROLL token! 🚀 Initial investment of 27.86M TROLL saw a 109x return. Partial sale already netted $16.2K, with remaining holdings now worth ~$2.48M. #crypto #memecoin #troll
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Aave could face a liquidity crunch due to its $4.7B exposure to Ethena’s USDe stablecoin. ⚠️ USDe’s unique role – used as both collateral *and* liquidity – creates risk, especially during market downturns. Chaos Labs is building tools to manage potential stress. More info: link to original article
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