BTC traded at $81,070.2, up 2.84% over 24 hours, while ETH stood at $2,525.25, up 1.01%. Total crypto market capitalization was approximately $2.74 trillion and nearly unchanged over 24 hours. SOL, XRP and HYPE gained 7.33%, 3.85% and 3.28%, respectively, with fresh ETF flow and trading data providing the clearest catalysts within the rebound.
1. BTC returns above $81,000
On August 28, BTC traded at $81,070.2, up 2.84% over 24 hours, with approximately $1.25 billion in turnover during the period. Bitcoin recorded its largest weekly gain in dollar terms last week, although total crypto market capitalization was nearly flat over the latest 24 hours, showing that large-cap performance remained stronger than overall market breadth.
Assets to watch: BTC
2. Solana ETF volume hits a record as SOL gains 7.33%
On August 28, the Bitwise Solana Staking ETF recorded $126 million in daily trading volume, surpassing the $108 million record set two days earlier. U.S. spot SOL ETFs also posted $60.91 million in combined net inflows for the previous trading day. SOL traded at $109.135, up 7.33% over 24 hours. ETF trading volume measures secondary-market activity, while net inflows measure creations and redemptions, so the two figures describe different parts of demand.
Assets to watch: SOL
3. U.S. spot XRP ETFs attract $18.47 million
U.S. spot XRP ETFs recorded $18.47 million in total net inflows for the August 27 U.S. trading session, led by a single-fund inflow of $12.16 million. XRP traded at $1.4633, up 3.85% over 24 hours. ETF inflows provide an observable measure of spot demand, but they are not the only driver of token prices.
Assets to watch: XRP
4. U.S. spot HYPE ETFs post $24.42 million in net inflows
U.S. spot HYPE ETFs recorded $24.42 million in total net inflows for the August 27 U.S. trading session. HYPE traded at $84.575, up 3.28% over 24 hours, with approximately $75.77 million in turnover. When flows and prices move in the same direction, they can help gauge spot demand, but trading liquidity remains an important part of the picture.
Assets to watch: HYPE
5. 21Shares Polkadot Staking ETF appears on the DTCC list
On August 28, the 21Shares Polkadot Staking ETF appeared on the Depository Trust and Clearing Corporation website under the ticker TDOT. Its documents say the fund plans to stake between 40% and 95% of its DOT holdings. DOT traded at $0.8897, up 1.14% over 24 hours. A DTCC listing is an operational preparation step and does not mean the fund has received regulatory approval or begun trading.
Assets to watch: DOT
6. Schwab Crypto plans to add SOL, AVAX and LINK
On August 27, Charles Schwab said it plans to add direct trading in SOL, AVAX and LINK to Schwab Crypto accounts in the coming months. AVAX and LINK traded at $7.566 and $12.003, up 2.42% and 3.85% over 24 hours. The announcement remains a product roadmap item, with launch dates and customer availability still to be confirmed.
Assets to watch: AVAX LINK
7. BitGo agrees to acquire NYDIG's institutional trading business
On August 28, Reuters reported, citing people familiar with the matter, that crypto custodian BitGo had agreed to acquire NYDIG's institutional trading business. About 30 employees and relationships with 250 institutional clients are expected to move to BitGo. The deal would add derivatives, structured products and financing to its custody, settlement and wallet infrastructure, although transaction terms have not been disclosed.
Assets to watch: BTC
8. U.S. bank regulators narrow the test for unsafe or unsound practices
On August 28, the U.S. Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation finalized a rule requiring regulators to show material financial risk or a legal violation before labeling a bank practice unsafe or unsound. The rule changes the evidentiary threshold for enforcement; account access, custody and settlement policies will still depend on each institution's compliance requirements.
Assets to watch: BTC
9. U.S. initial jobless claims come in below expectations
Data released on August 27 showed U.S. initial jobless claims at 203,000, below the 208,000 consensus estimate and down from 206,000 previously. Weekly claims are a high-frequency gauge of labor-market conditions, but one reading should be assessed alongside revisions and broader employment reports.
Assets to watch: DXY SP500
10. Anthropic considers allowing existing shareholders to sell stock in its IPO
On August 28, people familiar with the matter said Anthropic was developing a plan that could allow existing shareholders to sell part of their holdings in an IPO and was considering a longer post-listing lockup period. The potential sale size, eligible shareholder classes and final offering date have not been confirmed, so the report remains part of the company's listing preparations.
Market snapshot
BTC: $81,070.2 (24h +2.84%) | ETH: $2,525.25 (24h +1.01%)
SOL: $109.135 (24h +7.33%) | XRP: $1.4633 (24h +3.85%)
HYPE: $84.575 (24h +3.28%) | Total crypto market cap: approximately $2.74 trillion (24h -0.08%)