BTC traded at $79,203.5, down 0.94% over 24 hours, while ETH stood at $2,486.49, down 1.87%. The U.S. 10-year Treasury yield was 4.684% and gold futures traded at $4,659.80. In their latest sessions, the S&P 500 and Nasdaq 100 gained 0.72% and 1.43%, while WTI and Brent declined 0.54% and 0.04%, respectively.
1. U.S. spot BTC ETFs post a ninth consecutive day of inflows
U.S. spot BTC ETFs recorded $242 million in total net inflows for the August 27 U.S. trading session, extending the streak to nine trading days. BTC later traded at $79,203.5, down 0.94% over 24 hours, while total crypto market capitalization fell about 3.08%. The ETF flow data and the market quote cover different periods, so their daily directions can differ.
Assets to watch: BTC
2. Ethena announces four token and ecosystem changes
On August 27, the Ethena Foundation announced a package that includes buying out some remaining locked holdings from early investors, replacing monthly venture investor unlocks with a single October 5 release, signing a master framework agreement and introducing a revenue-funded buyback tied to USDe supply. ENA later traded at $0.16130, up 3.88% over 24 hours. The concentrated unlock date and buyback rates will follow the announced plan.
Assets to watch: ENA
3. Solana testnet activates the first phase of SIMD-0437
On August 28, Solana core developer Anza said the testnet had activated the first feature gate for SIMD-0437 and started testing lower account rent. The proposal has five phases. If all are completed, the storage-cost parameter per byte is planned to fall from 6,960 to 696, a 90% reduction. SOL later traded at $105.672, up 1.25% over 24 hours. Only the first phase is active, and the change has not been fully deployed to mainnet.
Assets to watch: SOL
4. Chainlink adds 92,000 LINK to its strategic reserve
Chainlink added 92,000 LINK, worth about $1.1 million, to its strategic reserve on August 27. The reserve added 598,300 LINK over the preceding 30 days and now holds 5.67 million LINK. LINK later traded at $11.690, down 1.43% over 24 hours. The strategic reserve is a protocol-designated onchain address, and additions can be checked against transfer records.
Assets to watch: LINK
5. Aave V4 deposits pass $800 million
On August 28, Aave's onchain dashboard showed V4 user deposits at $806 million, up 30% over one week, with $216 million in active loans. AAVE later traded at $124.74, down 3.35% over 24 hours. Deposits measure assets supplied by users and are not the same as protocol revenue.
Assets to watch: AAVE
6. Silver futures move above $70
On August 28, September COMEX silver futures traded at $70.525, up 1.58%, after reaching $70.945. The quote refers to a futures contract, which has different trading hours and an expiry structure from spot silver.
Assets to watch: XAG
7. U.S. spot ETH ETFs post a ninth consecutive day of inflows
U.S. spot ETH ETFs recorded $235 million in total net inflows for the August 27 U.S. trading session, extending the streak to nine trading days. ETH later traded at $2,486.49, down 1.87% over 24 hours. The ETF figures cover the previous U.S. trading session, while the market data uses an August 28 quote snapshot.
Assets to watch: ETH
8. California meme coin bill passes both chambers
On August 28, the California Assembly and Senate passed AB 2409. The bill would prohibit public officials and employees from issuing meme coins and, from January 1, 2027, bar such tokens from being offered to California residents. It has been sent to the governor for signature and is not yet in force.
9. OpenAI expects an internal AGI system by year-end
On August 28, OpenAI CEO Sam Altman said the company expects to achieve an internal AGI system under its own definition by the end of 2026. That definition covers matching or exceeding human performance on most economically valuable tasks. The date is a management forecast, not a completed technical assessment.
Assets to watch: OPENAI
10. Stripe and Advent drop their PayPal acquisition plan
On August 28, a consortium formed by Stripe and private equity firm Advent International decided to abandon its planned acquisition of PayPal. The group had previously offered more than $50 billion, and the companies declined to comment on the report. People familiar with the matter said a proposal could still be revived later.
Assets to watch: PYPL
Market snapshot
BTC: $79,203.5 (24h -0.94%) | ETH: $2,486.49 (24h -1.87%)
Gold: $4,659.80 (-0.09%) | Silver: $70.525 (+1.58%)
WTI: $83.08 (-0.54%) | Brent: $89.66 (-0.04%)
S&P 500: 7,730.99 (+0.72%) | Nasdaq 100: 29,641.56 (+1.43%)