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Bitcoin ETFs see second consecutive outflow as Ether, XRP and Solana funds attract inflows
Bitcoin ETFs posted a second straight day of outflows on Wednesday, losing $120 million—more than double Tuesday’s loss. Ether, XRP and Solana funds moved in the opposite direction, recording inflows.
Treasury’s $6 Billion Bond Operation Sets a Key Test for Bitcoin
The Treasury’s September 10 bond operation raises its limit to $6 billion, triple the prior level. For Bitcoin, accepted purchases and funding conditions may matter more than the intervention’s headline capacity.
Ethereum’s institutional staking boom is growing, but Lido’s share is shrinking
Ethereum’s institutional staking activity is growing, but Lido captured just 5.7% of first-half staking growth. CryptoSlate also pointed to NEST’s negative budget as evidence that deposits alone cannot fund purchases.
Tether and Fasanara Launch $400M Private Credit Fund Targeting $3B
Tether and Fasanara Capital launched a $400 million evergreen private credit fund using USDT infrastructure for asset-backed lending through fintech platforms in more than 60 countries, with a target of $3 billion.
VerifiedX Opens $15 Million Round for Institutional Bitcoin Infrastructure
VerifiedX launched a $15 million financing round for institutional Bitcoin infrastructure. Cantor Fitzgerald is advising on the transaction, with proceeds intended for BitGo custody, exchange listings and Bitcoin lending programs.
Wall Street's Newest Crypto Fund Adds Staking to Seek Higher Returns
CoinDesk reports that Wall Street’s newest crypto fund includes a staking feature intended to boost returns. The supplied information links the item to FUN and WAL but does not confirm either asset’s inclusion or provide fund details.
XRP ETFs attract nearly $2 million as bitcoin, ether and solana funds see outflows
XRP ETFs took in nearly $2 million on Tuesday, while bitcoin, ether, solana and hyperliquid funds saw outflows. Grayscale products accounted for all bitcoin and ether outflows, CoinDesk reported.
Bitcoin rally may have further room as volatility shorts unwind, Two Prime CEO says
Two Prime CEO Alexander Blume says Bitcoin’s rebound may have more room as volatility shorts unwind. Subdued funding rates and ongoing call selling suggest the move is not being driven by excessive speculation.
Polish prosecutors charge suspect in Zondacrypto probe, seek pretrial detention
Polish prosecutors charged Romana Ż. with organized crime and misappropriation offenses involving $2.1 million in Zondacrypto user funds. They are seeking pretrial detention, according to Cointelegraph.
Bitcoin Flows Reflect Fed Rate Bets as BTC Struggles Below $80,000
CoinShares says Bitcoin fund flows reflect investor positioning around the Federal Reserve’s rate path, not a broad market exit. BTC continues to struggle to break above $80,000 as September hike expectations increase.
Solana AI payments system raises questions over merchant payouts
CryptoSlate highlighted operator-failure risks in a Solana AI payments system associated with a million-payments-per-second benchmark, including whether merchants can recover funds after delivering goods or services.