The Daily: Standard Chartered sees Bitcoin waking up to $135K when September ends, Robinhood deploys over 200 tokenized stocks, and more

Happy Wednesday! The mammoth 15-day, $4.7 billion net inflow streak into U.S. spot Bitcoin ETFs came to an end yesterday, with $342 million exiting the funds. The question is: are the flows following price — or leading it?

In today's newsletter, Standard Chartered predicts Bitcoin at $135,000 by Q3 close, Robinhood pays $5 in transaction fees to deploy 213 tokenized stocks on Arbitrum, Bit Digital raises $163 million for its Ethereum treasury, and more.

Meanwhile, Coinbase buys token operations startup Liquifi in its fourth acquisition this year.

Let's get started.

Standard Chartered Head of Global Digital Assets Research Geoffrey Kendrick expects Bitcoin to hit $135,000 by the end of September and has reaffirmed his $200,000 year-end target.

Robinhood minted 213 U.S. stocks on Arbitrum for just $5 in total gas fees as it gears up to launch tokenized equity trading for EU users.

Nasdaq-listed Bit Digital has now raised a total of $162.9 million through share offerings to fund its new Ethereum treasury strategy as it exits the Bitcoin mining business.

Stablecoin issuer Circle unveiled Gateway, an upcoming cross-chain solution that will let users access a unified USDC balance across multiple blockchains in real time.

Despite a packed July agenda with major political and regulatory events, K33 Head of Research Vetle Lunde expects crypto markets to remain subdued, continuing a pattern of quiet summer trading.

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