☕️ GM! Here are the top events in #Crypto from the past 24 hours 📊Market Updates 🔸Ether ETFs surge to $13.7B AUM as inflows climb 44% in August, with corporate treasuries holding 4.4M ETH worth $19.2B. 🔸Dormant Bitcoin whale shifts $1.1B BTC and resumes ETH buys after last week’s $2.5B move, driving BTC -8% and ETH +14% in August. 🔸Amplify files for an XRP monthly option income ETF with the SEC, adding to the growing backlog of altcoin fund applications. 🔸21Shares files with SEC for a Sei ETF that may include staking, as regulators weigh altcoin ETF proposals and delay ETH staking approvals. 🔸Elon Musk’s lawyer Alex Shapiro to chair Dogecoin treasury targeting $200M raise, as DAT trend spreads across altcoins. 🔸DeFi Development Corp expands to UK via Cykel AI acquisition, becoming first Solana treasury firm there, with five more launches planned. 🌟Highlights 🔸Ethereum Foundation pauses grants to cut costs, aiming to reduce spending to 5% annually while focusing on scaling, UX, and L2 growth. 🔸CoinShares posts $32.4M Q2 net profit as AUM hits $3.5B, driven by inflows and rising crypto prices, while preparing for a U.S. listing. 🔸Bitcoin miner IREN posts $187M revenue, $177M profit, and $241M EBITDA, projecting $1B in annualized mining revenue plus $250M from AI. 🔸Hong Kong’s OSL revenue surged 58% YoY to $25.1M in H1 2025, but losses doubled to $2.6M due to global hiring and expansion.
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