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，在香港大学举办的「香港加密金融论坛」上，CZ的发言直白露骨，把香港Web3政策骂了个遍。

2季度伯克希尔的持仓公开了。 整体格局没变，仍然高达52.74%的现金，只有47.26%的股票持仓。

风险投资,投资,项目,Pantera 合伙人：2025 加密 VC 格局为何与以往周期不同？ 金色财经,2025年并购交易激增，行业整合加速成熟。

11年前的2014年8月28号，一个叫做Hal Finney（哈尔·芬尼）的密码学家与世长辞。

无论结果如何，先例已经建立：美国政府不再仅仅是高科技的监管者，它正在成为一个积极的市场参与者。

凯投宏观（Capital Economics）的一份报告指出，投资者目前为美国股票支付的估值溢价在很大程度上是有道理的。

BTC,行情,加密市场,“地狱九月”来袭：比特币迎来最残酷月份 金色财经,回看整个8月份，加密货币市场一度处于狂热之中。

金色财经推出加密货币和区块链行业早报《金色早8点》2801期，为您提供最新、最快的数字货币和区块链行业新闻。

一个与美国总统特朗普家族深度绑定的加密项目，正准备将其估值超400亿美元（约2800亿元）的代币推向公开市场。

主要介绍了预测市场的发展历程、工作原理以及与传统民调相比的优势，并通过 2024 年美国总统大选的例子展示了预测市场在实际预测中的成功应用