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Ethereum Spot ETFs See Net Inflow of $87.6799 Million Yesterday, Marking 11 Consecutive Days of Inflows
Odaily News: According to SoSoValue data, yesterday (Aug. 31, Eastern Time) Ethereum spot ETFs saw a total net inflow of $87.6799 million.
The Ethereum spot ETF with the highest single-day net inflow yesterday was Blackrock's ETF ETHA, with a net inflow of $59.9357 million. To date, ETHA's historical total net inflow has reached $12.797 billion.
Next was Grayscale's Ethereum Mini Trust ETF ETH, with a single-day net inflow of $13.5037 million. To date, ETH's historical total net inflow has reached $1.924 billion.
As of press time, the total net asset value of Ethereum spot ETFs is $15.614 billion, with an ETF net asset ratio (market value as a percentage of Ethereum's total market cap) of 5.23%. The historical cumulative net inflow has reached $13.062 billion.
Bitcoin Spot ETFs See $217M Net Inflow on Aug. 31; BlackRock's IBIT Leads with $206M
Odaily News: According to SoSoValue data, on Aug. 31 (Eastern Time), Bitcoin spot ETFs saw a total net inflow of $217 million.
The Bitcoin spot ETF with the largest single-day net inflow was BlackRock's IBIT, with a net inflow of $206 million. IBIT's historical total net inflow now stands at $63.571 billion.
Next was Grayscale's Bitcoin Mini Trust ETF (BTC), with a single-day net inflow of $9.4165 million. BTC's historical total net inflow has reached $2.867 billion.
The Bitcoin spot ETF with the largest single-day net outflow was VanEck's HODL, with a net outflow of $13.4134 million. HODL's historical total net inflow is now $1.049 billion.
As of press time, the total net asset value of Bitcoin spot ETFs is $99.611 billion, with an ETF net asset ratio (market value as a percentage of total Bitcoin market cap) of 6.29%. The historical cumulative net inflow has reached $54.847 billion.
Data: The total net inflow of the Ethereum spot ETF yesterday was $87.6799 million, continuing a net inflow for 11 days
Data: The total net inflow of Bitcoin spot ETF yesterday was $217 million, with BlackRock's IBIT leading with a net inflow of $206 million
Robinhood Banking Assets Surpass $4 Billion, Bets on Trump Accounts to Reshape U.S. Philanthropy
Odaily News: Robinhood CEO Vlad Tenev said on X that Robinhood Banking assets have surpassed $4 billion, adding that this growth reflects users' trust in Robinhood to manage their funds.
Tenev also said that Robinhood is building "Trump Accounts," hoping they will become the default tool for charitable giving in the United States. Traditional charitable giving involves complex rules and regulations, and donors also need to evaluate charities and confirm whether funds are used as advertised and how efficiently they are used. Trump Accounts allow donors to directly invest funds into investment accounts held by American children, reducing the intermediaries in the donation process. Donors can see exactly where their money goes, children own the assets, and there are no fees. Account assets can grow over the long term at market rates of return, a model that could bring positive change to U.S. philanthropy.
BONER Market Cap Hits $70M in 3 Days, Drops to $53.56M; Top Holder eric Still Buying with $1.73M Unrealized Gain
Odaily News: Robinhood chain-based stock-meme coin BONER reached a market cap of $70 million within 3 days of listing, now falling back to $53.56 million. Crypto KOL eric (@econoar) is the top holder of the token, having started building a position when BONER's market cap was $170,000, with a total investment of $26,800 and an average buy price corresponding to a market cap of $826,000. Currently, his unrealized gain is $1.728 million, and he is still buying BONER in small amounts this morning.
Official Trump Team Transfers Another 11.01 Million TRUMP Worth $26.65 Million
Odaily News: According to Lookonchain monitoring, the Official Trump team transferred another 11.01 million TRUMP tokens 2 hours ago, worth $26.65 million.
US SOL Spot ETFs See Net Inflow of $925,000 in a Single Day
Odaily News: According to SoSoValue data, yesterday (Aug. 31, Eastern Time) SOL spot ETFs saw a total net inflow of $925,000 in a single day.
Only the Fidelity Solana Fund ETF (FSOL) saw a net inflow yesterday, with a single-day net inflow of $925,000, bringing its historical total net inflow to $213 million.
As of press time, the total net asset value of SOL spot ETFs stands at $1.436 billion, with a SOL net asset ratio of 2.37%, and a historical cumulative net inflow of $1.341 billion.
Meme Paired with Stocks Outperforms Stock Tokens for 4 Consecutive Days, Becoming Main RWA Trading Asset on Robinhood Chain
Odaily News: According to Dune data, Meme paired with stocks on the Robinhood chain has exceeded stock token trading volume for 4 consecutive days, capturing the main market share of RWA trading on the Robinhood chain. The stock-paired Meme is also driving stock token trading. On August 31, the trading volume of stock-paired Meme reached $93.1 million, an increase of about $20 million from the previous day; stock token trading volume reached $91.4 million, an increase of about $40 million from the previous day.
For more introduction and analysis of stock-paired Meme, please read "Robinhood Chain Sees Another Gold Dog with Market Cap Over 100 Million, Stock-Paired Meme Feeds Back into RWA"
JPMorgan and Citadel Securities Warn: Stay Cautious Ahead of Nonfarm Payrolls, Hedge Downside Risk in Advance
Odaily News: JPMorgan and Citadel Securities have both issued short-term warnings, advising investors to remain cautious ahead of the upcoming dense macro data releases and the Federal Reserve policy meeting, and to use the currently low option prices to strengthen downside hedging.
After Fed Chair Warsh signaled clearly in his highly anticipated speech on Aug. 28 that U.S. inflation has not shown substantial easing, the trading team led by Andrew Tyler, JPMorgan's head of U.S. market intelligence, decided to abandon its bullish stance ahead of the Fed's policy decision on Sept. 16. Although they expect economic data and corporate earnings to continue providing support, they have downgraded their view on U.S. stocks to tactically cautious.
Scott Rubner, head of equities and equity derivatives strategy at Citadel Securities, noted that retail investor buying activity in September has been the weakest of the year since 2019, based on his tracking. On days when the S&P 500 falls, average net retail buying is only about half of normal levels. (Bloomberg)
Pons: Daily Trading Volume Exceeds $500M, Fees Rank First Among On-Chain Launchpads in Past 24 Hours
Odaily News: Pons stated on the X platform that in the past 24 hours, the fees paid by its users ranked first among all on-chain Launchpads, with the platform's daily trading volume exceeding $500 million during the same period. These activities all occurred on the Robinhood chain.
Mystery Whale Holding $408M in ETH Deposits 70,700 ETH to Exchanges, Still Holds 97,100
Odaily News: According to Lookonchain monitoring, a whale received 167,855 ETH worth $408 million from multiple wallets and has begun depositing it into exchanges. Over the past two days, the whale has deposited 70,739 ETH worth $174 million to multiple exchanges, and currently still holds 97,115 ETH worth $237 million.
Data: An early investment of $377.7 in BONER at a certain address now has a return rate of over 1858 times
Ark Invest increased its holdings of Block Inc. stock by $37.4 million and Circle stock by $3.4 million
Data: CASHCAT briefly surged by 10%, market value exceeded 220 million USD
Pons: Token creators have accumulated over $25 million in transaction fee revenue
Machi Big Brother Closes All HYPE Long Positions, Holds Over 40,000 ETH in Ethereum Longs
Odaily News: According to Hyperbot data, Machi Big Brother Huang Licheng has closed all his 10x leveraged HYPE long positions. He currently holds only Ethereum and Bitcoin long positions, with a position value of $128 million, floating profit of approximately $1.08 million, and a return on investment of 22.8%.
1. Ethereum long position with 25x leverage is valued at $99.1 million, holding 40,050 ETH;
2. Bitcoin long position with 40x leverage is valued at $30.62 million, holding 389 BTC.
MediaTek completes the pricing of $3.9 billion overseas convertible bonds, with NVIDIA handling $3.5 billion
US XRP Spot ETFs See Net Inflow of $5.64 Million in a Single Day
Odaily News: According to SoSoValue data, yesterday (Aug. 31, Eastern Time) XRP spot ETFs saw a total net inflow of $5.6442 million in a single day.
The XRP spot ETF with the largest net inflow yesterday was Canary XRP ETF (XRPC), with a single-day net inflow of $4.7138 million, bringing its historical total net inflow to $488 million.
Next was Bitwise XRP ETF (XRP), with a single-day net inflow of $930,400, bringing its historical total net inflow to $604 million.
As of press time, the total net asset value of XRP spot ETFs stood at $1.455 billion, with XRP net asset ratio at 1.67%, and cumulative historical net inflows reaching $1.669 billion.