Key Takeaways:US spot Bitcoin ETFs generate up to $10 billion in daily trading volume, rivaling top crypto exchanges.Binance remains the global leader, with $22B in total daily volume and $4.1B in BTC spot trades.Bitcoin ETFs dominate institutional adoption, while Ether ETFs are seeing faster inflows in recent weeks.ETFs are becoming a critical driver of liquidity, price discovery, and institutional exposure to Bitcoin.Bitcoin ETFs Now a Major Force in Spot TradingUnited States-based spot Bitcoin exchange-traded funds (ETFs) are now accounting for a significant share of daily Bitcoin spot volume, underscoring their growing role in institutional adoption.“Bitcoin spot trading volumes through US-based ETFs have become a significant source of investor exposure to Bitcoin,” said Julio Moreno, head of research at CryptoQuant, on Thursday.On peak days, US spot Bitcoin ETFs generate $5–10 billion in daily volume, sometimes surpassing activity on most global crypto exchanges.Binance Still Leads the MarketDespite ETF growth, Binance remains the largest venue for crypto trading.Daily BTC spot volume on Binance sits at $4.1 billion (CoinGecko).Total daily volume across all Binance trading pairs is around $22 billion.For Ether (ETH), spot activity is heavily concentrated on Binance, followed by Crypto.com, while ETFs account for just 4% of ETH spot trades.“This underscores limited ETF participation in ETH spot trading,” Moreno explained, adding that it suggests “slower institutional adoption of Ethereum compared to Bitcoin.”ETF Flows: Bitcoin Slows, Ether SurgesData shows ETF flows are reshaping liquidity trends:Bitcoin ETFs: $571.6M in inflows this week, with BlackRock’s iShares Bitcoin Trust (IBIT) capturing 40%.Ethereum ETFs: $1.24B in inflows this week — more than double BTC — with no net outflow days since Aug. 20.In total, Ether ETFs have attracted over $4 billion in inflows this month, accounting for 30% of their cumulative inflows since launch 13 months ago.“Current flow dynamics show ETFs are not just supplementing but actively reshaping spot market liquidity,” said Nick Ruck, director at LVRG Research.ETFs Cement Role in Crypto Market StructureWhile whales and exchanges like Binance still drive large portions of trading, ETFs are increasingly acting as gateways for institutional capital.With ETF trading volumes now closely tracking Bitcoin price action, analysts argue that these products have become a permanent fixture in price discovery and liquidity for BTC — and could eventually play a similar role for ETH.

Key Takeaways:Bitcoin dropped to its lowest level since July 8, with price dipping below $109,000.Over $530 million in crypto liquidations hit markets in 24 hours, largely driven by whale selling.Analysts say a bullish RSI divergence could spark a short-term bounce toward $123,000.September’s seasonality and fresh US inflation data add to bearish risks, with eyes on Fed rate cuts.Bitcoin Dips Below $109K as Selling Pressure BuildsBitcoin (BTC) fell nearly 4% on Friday, sinking to $108,556, its lowest level since July 8. The move came after a fresh wave of whale selling on Binance, adding to market pressure as bulls failed to defend key support.Data from CoinGlass showed that more than $530 million in crypto long positions were liquidated over the past 24 hours, underscoring heightened volatility.“Good area to keep watching. Right on top of the previous range & consolidation area,” trader Daan Crypto Trades noted, pointing to $108,000 as a critical reversal zone.Bullish RSI Divergence Offers HopeDespite the bearish momentum, analysts highlighted a bullish divergence on Bitcoin’s relative strength index (RSI), which could indicate an early reversal.“$BTC, still coming off of a confirmed Bullish Divergence, can still have a huge reversal back up to $123,000 in the works,” said market commentator Javon Marks, suggesting a potential +15% rebound if momentum shifts.Traders noted that reclaiming $112,000–$114,000 remains essential to confirm recovery and avoid further downside.Macro Factors: Fed Rate Cuts in FocusSeptember is historically Bitcoin’s weakest month, and macro conditions added to pressure.The Personal Consumption Expenditures (PCE) Index, the Federal Reserve’s preferred inflation gauge, met expectations but hinted at a rebound in inflationary pressures.Markets, however, still price in a September rate cut, according to CME FedWatch Tool data. Trading firm Mosaic Asset warned that stronger-than-expected US payrolls next week could change that outlook:“Outlook for rate cuts could be in jeopardy if next week’s payrolls are stronger than expected.”Bitcoin Eyes $108K Support, $123K BounceBitcoin’s immediate outlook depends on whether bulls can defend the $108,000 support zone. If confirmed, RSI signals suggest a relief rally toward $123,000. Failure, however, risks deeper corrections toward $100,000.

Key Takeaways:CoinShares’ assets under management (AUM) surged 26% in Q2 2025 to $3.46 billion, despite outflows in some products.Net profit rose to $32.4 million, marking a sharp recovery from Q1 results.CEO Jean-Marie Mognetti says a US listing could “unlock substantial value” for shareholders.Nearly 100 crypto ETFs are pending SEC approval, signaling rising institutional demand.CoinShares AUM Rises Despite OutflowsDigital asset investment firm CoinShares reported that its assets under management (AUM) rose 26% in Q2 2025, closing the quarter at $3.46 billion. The increase came even as the company faced $126 million in outflows from its XBT Provider products, underscoring how rising crypto prices fueled growth.During the quarter, Bitcoin (BTC) gained 29% and Ethereum (ETH) rose 37%, contributing significantly to CoinShares’ asset growth.CEO Jean-Marie Mognetti said momentum has carried into Q3 as BTC and ETH hit fresh highs in August:“The overall level of activity within the market is setting us up for what we believe to be a strong second half of the year as indicated by performance post quarter end.”Net Profits Strengthen to $32.4 MillionCoinShares reported $32.4 million in net profit for Q2, up 2% from the same quarter last year and 26% higher than Q1’s $24 million. This marked a strong rebound from Q1, when profits fell 42.2% year-over-year.The firm said its asset management platform generated $30 million in fees, led by $170 million of net inflows into CoinShares Physical products. Meanwhile, the capital markets unit added $11.3 million in income, including $4.3 million from Ethereum staking.Preparing for a US ListingMognetti confirmed that CoinShares is preparing for a US market listing, which he believes could “unlock substantial value” for shareholders. The move comes as the company seeks to expand its presence globally amid strong demand for crypto investment products.Nearly 100 Crypto ETFs Await SEC DecisionCoinShares’ US ambitions align with broader institutional trends. Data from Bloomberg’s ETF analyst James Seyffart shows that 92 crypto exchange-traded products (ETPs) are currently awaiting approval from the Securities and Exchange Commission (SEC).This wave of pending ETF applications highlights accelerating institutional adoption of crypto, a trend that could further boost asset managers like CoinShares.

According to PANews, Strategy (MSTR) has raised approximately $5.6 billion this year through the issuance of a series of preferred stocks, including STRK, STRF, STRD, and STRC. This amount represents 12% of all U.S. IPOs, whether preferred or common stock. However, the performance of these preferred stocks has varied significantly. STRF leads with a 31% return, followed by STRK at 19% and STRC at 8%, while STRD has experienced a negative return of 6%. Additionally, MSTR's stock price has increased by 13% so far in 2025, which is lower than Bitcoin's 18% rise.

The case involving Cred LLC, a San Francisco crypto lending firm, has been resolved with a sentencing that will see its founder and CFO spend time in jail. source: https://www.cryptopolitan.com/cred-execs-88-month-sentence-wire-fraud/

Crypto analyst Unichartz has highlighted a Dogecoin squeeze that could spark the next massive move to the upside for the meme coin. This comes amid a broader crypto market crash, which has also led to a decline for the foremost meme coin. Dogecoin Showing A Promising Structure In a TradingView post, Unichartz declared that a Dogecoin squeeze is incoming. He noted that the meme coin is currently showing a promising structure as it trades within a rising wedge formation source: https://www.newsbtc.com/news/dogecoin/this-dogecoin-next-bull-run/

يتحرك البيتكوين في نطاق عرضي مع اقتراب نهاية أغسطس، بينما يبدأ المتداولون في الاستعداد لما بات يُعرف بـ”سبتمبر الأحمر” – والذي أصبح عبارة عن فترة تاريخية تتسم بأداء سلبي متكرر في الأسواق المالية، وخصوصا في سوق العملات المشفرة. منذ عام 1928، سجّل مؤشر “S&P 500” عوائد سلبية في شهر سبتمبر أكثر من أي شهر آخر. source: https://arab-btc.net/red-september-is-coming/

Elon Musk’s longtime attorney, Alex Spiro, is set to chair a new publicly traded company that aims to raise $200 million to build a Dogecoin treasury. source: https://cryptonews.com/news/elon-musks-lawyer-to-chair-200m-dogecoin-investment-vehicle/

null source: https://x.com/DaanCrypto/status/1961748954850193413

null source: https://x.com/DaanCrypto/status/1961748133244805498

8月27日、香港大学主催の「香港暗号金融フォーラム」で、CZのスピーチは露骨で、香港のWeb3政策を訴えた。

2Qバークシャーのポジションは公開されている。 全体的なパターンに変化はなく、依然として52.74％が現金で、株式ポジションは47.26％に過ぎない。

ベンチャーキャピタル,投資,プロジェクト,Pantera Partners: なぜ2025年の暗号VCの状況は以前のサイクルと異なるのか？ ゴールデンファイナンス,業界再編の加速と成熟に伴い、2025年のM&A案件が急増。

11年前の2014年8月28日、ハル・フィニー（Hal Finney）という暗号解読者が亡くなった。

結果がどうであれ、前例はできた。米国政府はもはやハイテクを規制するだけの存在ではなく、積極的な市場参加者になりつつあるのだ。

キャピタル・エコノミクスのレポートによれば、投資家が現在米国株に支払っているバリュエーション・プレミアムはほぼ正当化される。

BTC,相場,暗号市場,「地獄の9月」がやってくる：ビットコインが最も残酷な月を迎える Gold Finance,8月全体を振り返ると、暗号通貨市場はしばらく熱狂に包まれていた。

ゴールデンファイナンスは、暗号通貨とブロックチェーン業界の朝のニュースレター「ゴールデンモーニング8:00、第2801号」を創刊し、最新かつ最速のデジタル通貨とブロックチェーン業界のニュースをお届けします。

ドナルド・トランプ大統領の一族と深く結びついた暗号プロジェクトが、400億ドル（約2800億円）以上の価値を持つトークンを公開市場に出す準備を進めている。

本書では主に、予測市場の発展の歴史、その仕組み、従来の世論調査に対する優位性を紹介し、2024年のアメリカ大統領選の例を通じて、予測市場が実用的な予測にうまく応用されていることを示す。