Odaily News: According to SoSoValue data, yesterday (August 20, Eastern Time), the SOL spot ETF recorded a total net inflow of $14.5844 million in a single day.

Yesterday, the SOL spot ETF with the highest net inflow was Grayscale Solana Trust (GSOL), with a daily net inflow of $7.1365 million, bringing its historical total net inflow to $112 million.

Next was Bitwise Solana Staking ETF (BSOL), with a daily net inflow of $6.5703 million, bringing its historical total net inflow to $914 million.

As of press time, the total net asset value of the SOL spot ETF stands at $1.061 billion, with a SOL net asset ratio of 2.08%, and a historical cumulative net inflow of $1.176 billion.

Odaily News: CME Group Chairman and CEO Terry Duffy said this morning at a CFTC Innovation Advisory Committee meeting that trade.xyz and Hyperliquid are having a tangible impact on the U.S. market. trade.xyz, a leading market builder on the Hyperliquid chain, focuses on perpetual contracts for equities, commodities, and pre-IPO assets, and its trading volume already accounts for a significant share of Hyperliquid's activity. Terry Duffy has previously voiced concerns on multiple occasions regarding leverage and regulatory issues associated with such offshore platforms. Additionally, Terry Duffy clashed with CFTC Chairman Michael Selig and Kalshi Chief Operating Officer Luana Lopes Lara over prediction market regulation. Duffy noted that certain prediction market contracts carry manipulation risks, particularly those listed via self-certification. He pointed out that contracts tied to the content of the President's State of the Union address and the timing of Venezuelan President Nicolás Maduro's departure from office may be susceptible to manipulation, adding that this is detrimental to the entire industry.

Odaily News According to SoSoValue data, yesterday (August 20, Eastern Time), XRP spot ETFs recorded a total net inflow of $13.2371 million on a single day.

The XRP spot ETF with the highest net inflow yesterday was the Bitwise XRP ETF (XRP), with a single-day net inflow of $9.8971 million, bringing its historical total net inflow to $526 million.

Next was the Franklin XRP ETF (XRPZ), with a single-day net inflow of $3.34 million, bringing its historical total net inflow to $433 million.

As of press time, the total net asset value of XRP spot ETFs stood at $1.173 billion, with an XRP net asset ratio of 1.50%, and historical cumulative net inflows reaching $1.534 billion.

Odaily News: According to SoSoValue data, on August 20 (Eastern Time), the total net inflow for HYPE spot ETFs reached $5.8553 million in a single day.

The HYPE spot ETF with the highest net inflow yesterday was the Grayscale Hyperliquid Staking ETF (HYPG), which recorded a daily net inflow of $2.5659 million, bringing its historical total net inflow to $130 million.

Next was the Bitwise Hyperliquid ETF (BHYP), with a daily net inflow of $2.448 million and a historical cumulative net inflow of $112 million.

As of press time, the total net asset value of HYPE spot ETFs stands at $350 million, with a HYPE net asset ratio of 2.13%, and historical cumulative net inflows reaching $287 million.

Odaily News: According to Lookonchain monitoring, a certain address's BTC short position has just been fully liquidated. Over the past two days, this address attempted to short BTC and ETH a total of 8 times, all of which failed, resulting in cumulative losses of $3.28 million.

Odaily News: The inaugural Innovation Advisory Committee meeting of the US Commodity Futures Trading Commission (CFTC) was held this morning. Tushar Jain, co-founder of Multicoin Capital, put forward three proposals at the meeting: First, establish a safe harbor or innovation exemption mechanism for emerging markets such as computing power derivatives, allowing developers to test new products and business models within a compliant framework; Second, support the adoption of compliant privacy and confidentiality tools in DeFi, ensuring transaction privacy for institutional investors while providing regulators with sufficient transparency to identify and manage systemic risks; Third, support the launch of Pre-IPO perpetual futures, enabling ordinary US investors to participate in the wealth growth of emerging industries such as AI, preventing them from being excluded due to private market access restrictions, or being forced to participate indirectly through special purpose vehicles (SPVs) that lack transparency.

Tushar Jain also stated that he had exchanges with SEC Chairman Paul Atkins on the same day, expressing optimism about regulators driving financial innovation and the future development of the United States.

Odaily Planet Daily News The Kobeissi Letter stated on X that the U.S. memory chip ETF DRAM saw its assets under management grow 20% to a record $28 billion over the past two months. During the same period, the fund's price fell 28%, yet it still attracted approximately $12 billion in net inflows, recording inflows for eight consecutive weeks. Since its inception on April 2, DRAM has accumulated total inflows of $27 billion, with its price rising 98% cumulatively. Additionally, the 2x leveraged long memory chip ETF RAM has accumulated approximately $893 million in inflows since its launch on June 24.

Odaily Planet Daily reported that Lorenzo Valente, Head of Digital Asset Research at investment firm ARK Invest, stated that Hyperliquid is in discussions with the CFTC and SEC to facilitate the offering of perpetual futures on its public chain by U.S.-regulated companies. He suggested that Hyperliquid acquire Gemini to position it as a U.S.-regulated HIP-3/4 deployer. He noted that Gemini's current market value is approximately $450 million, representing a decline of over 85% from its $3.3 billion valuation at the time of its 2025 IPO. Hyperliquid could obtain Gemini's entire U.S. regulatory infrastructure—including the NYDFS Trust Charter, DCM, DCO, FCM, MTLs, and Broker-dealer—for approximately $450 million.

He further proposed that Hyperliquid could use approximately 7.9 million HYPE tokens from its community reserve, valued at around $550 million at $70 per token, to complete the acquisition at a premium of roughly 20% over Gemini's current market value. Following the transaction, Gemini would handle KYC, custody, fiat on/off ramps, brokerage, clearing, and compliance for the U.S. market, while Hyperliquid L1 would provide the underlying market infrastructure, liquidity, and on-chain settlement. He cited Polymarket's acquisition of QCEX as a similar precedent for re-entering the U.S. market, and stated that the core of this potential deal is not acquiring an exchange, but rather securing the regulatory bridge for HIP-3/4 to enter the U.S. market.

Odaily reported that according to Hyperbot data, Machi Big Brother Huang Licheng has once again opened a 40x leveraged Bitcoin long position (100 BTC). In addition, he also holds a 25x leveraged ETH long position (20,750 ETH), a 10x leveraged HYPE long position (199,000 HYPE), and a 10x leveraged PUMP long position (2 billion PUMP). The total value of his four major long positions is approximately $78.368 million.

Odaily Planet Daily News According to on-chain analyst Ember's monitoring, a whale spent 20 million USDC to purchase 10,501 ETH at a price of $1,904 one month ago and has now fully closed the position. The whale sold 5,250 ETH yesterday and another 5,250 ETH early this morning, at an average price of $2,257, netting 23.7 million USDC in total—a $3.7 million profit in one month.

Odaily Planet Daily News Grayscale released a research report on Zcash, stating that as AI development brings new means of financial surveillance, Zcash's privacy features could become an essential function in the AI era. Zcash uses zero-knowledge proofs to shield transactions, hiding the sender, receiver, and amount, providing privacy attributes similar to cash. Currently, shielded transactions account for approximately 90% of Zcash's transaction volume, and the shielded supply is approximately 4.2 million ZEC, representing 25% of the circulating supply. Grayscale noted that Zcash has a market capitalization of approximately $8 billion, accounting for only 0.6% of the $1.4 trillion total market cap of the "monetary crypto assets" sector it classifies. If this sector's share reaches 5%, the value of ZEC would increase to 9 times its current level.

Odaily News: Changpeng Zhao posted on X, stating that tokenization is one of the best ways for countries to raise funds or attract foreign direct investment, and called for "tokenizing everything." He noted that countries or companies could sell tokenized stocks globally. Zhao expressed support for tokenization across all blockchains, while acknowledging that this approach would create liquidity fragmentation issues; however, these issues could be partially resolved through high interchangeability among different issuers. Zhao also shared BNB Chain data, which shows that the number of RWA holders on BNB Chain has reached 776,000, representing a growth of approximately 370% within 30 days.

Odaily News: Glassnode reported that high-conviction buyers have been steadily accumulating BTC since January this year, with similar accumulation behavior previously observed in 2022. Notably, in this cycle, the proportion of BTC purchased by such buyers relative to the total supply has already exceeded that of the previous cycle.

Odaily News Crypto journalist Eleanor Terrett stated that the U.S. Commodity Futures Trading Commission (CFTC) will hold its first Innovation Advisory Committee meeting at 1:00 PM Eastern Time today, discussing topics such as cryptocurrency, artificial intelligence, and prediction markets.

Attendees will include several corporate executives who participated in yesterday's White House event, as well as other leaders from the crypto industry, traditional finance, academia, and the prediction market sector.

Odaily News, Coinglass data shows that liquidations across the entire network over the past 24 hours reached $841 million, mainly hitting short positions. Among them, short position liquidations totaled $671 million, while long position liquidations amounted to $170 million. Additionally, BTC liquidations reached $461 million, and ETH liquidations totaled $176 million.

Odaily News, according to MSX.COM data, U.S. stocks closed with strength in the storage and optical communications sectors. SK Hynix rose over 4%, Micron Technology rose over 3%, and SanDisk rose over 2%. Additionally, Applied Optoelectronics gained over 5%, and Lumentum rose over 6%. Walmart shares closed down 9.2%, marking the largest single-day drop since May 2022.