🗞️Daily Market Brief
⭐News Brief
- Yesterday, the US #BitcoinSpotETF saw a net inflow of $87.6 million, marking the fourth consecutive day of net inflows.
- The US #EthereumSpotETF experienced a net outflow of $6.7 million yesterday.
- #Tether issued an additional 3 billion #$USDT within a week. Since August 5th, 3.22 billion $USDT have flowed from the Tether Treasury to exchanges.
- Justin Sun changed his X account avatar to #Goku, and the related meme coin #SUNWUKONG market cap briefly surged 8-fold to $5 million.
- The US government currently holds 203,239 #$BTC, valued at $12.01 billion.
⭐️Investing & Financing
- #Ethereum #L2 network #Corn completed a $6.7 million financing round, led by #Polychain Capital.
- #MEV protection tool developer #Sorella Labs raised $7.5 million, led by Paradigm, with participation from #Uniswap.
- YeagerAI, the company behind the decentralized AI network GenLayer, completed a $7.5 million seed round, led by North Island Ventures.
- Zero-knowledge proof identity verification solution provider zkMe raised $4 million in a seed round, led by Multicoin Capital, with participation from #OKX Ventures and Robot Ventures.
⭐️Regulatory Updates
- The Brazilian Securities Commission approved the listing of a second Solana ETF, provided by #Hashdex in partnership with BTG Pactual.
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