BTC traded at $77,592.3, down 2.40% over 24 hours, while ETH stood at $2,436.47, down 2.56%. Total crypto market capitalization was approximately $2.61 trillion, down 5.50% over 24 hours. The U.S. 10-year Treasury yield last closed at 4.730%, gold futures traded at $4,504.10, and the S&P 500 and Nasdaq 100 fell 0.25% and 0.70%, respectively, in their latest sessions.
1. U.S. spot BTC ETFs post $202 million in outflows, ending a nine-day inflow streak
U.S. spot BTC ETFs recorded $202 million in total net outflows for the August 28 U.S. trading session, ending nine consecutive trading days of net inflows. ARKB posted $115 million in net outflows, while MSBT attracted $9.34 million. BTC later traded at $77,592.3, down 2.40% over 24 hours. ETF flows use U.S. trading-day boundaries, which differ from a rolling 24-hour price window.
Assets to watch: BTC
2. U.S. spot ETH ETFs attract $102 million
U.S. spot ETH ETFs recorded $102 million in total net inflows for the August 28 U.S. trading session, extending the streak to 10 trading days. ETHA and ETHB received $83.79 million and $42.64 million, respectively, while flows from other products offset part of those gains. ETH later traded at $2,436.47, down 2.56% over 24 hours. Inflows into individual funds can exceed the market total when other funds post net outflows.
Assets to watch: ETH
3. Polygon issues an urgent client upgrade after the Austin and Kyoto forks
On August 29, Polygon Labs said Polygon PoS nodes still running older Bor or Heimdall clients had fallen out of consensus after the Austin and Kyoto forks activated. Austin requires Bor v2.10.0 or later, while Kyoto requires Heimdall v0.11.0 or later. This is an urgent node compatibility notice following the two activations, not a proposal for another fork.
Assets to watch: POL
4. Ripple outlines a four-stage quantum-resistance plan for XRP Ledger
On August 29, Ripple developers disclosed a four-stage quantum-resistance plan for XRP Ledger. The work covers assessing exposed components, benchmarking replacement cryptography, running existing and quantum-resistant mechanisms in parallel, and eventually migrating the network, with an emergency path if needed. XRP traded at $1.3834, down 2.38% over 24 hours. The plan is long-term cryptographic preparation and does not immediately change current keys or consensus rules.
Assets to watch: XRP
5. Circle deploys native USDC, EURC and CCTP on Plasma
On August 29, Circle deployed native USDC and EURC on Plasma and launched CCTP and Bridge Kit on the network. USDC now has native support on 37 blockchains, EURC on eight, and CCTP on 28. Native issuance lets the issuer mint and redeem tokens directly on the destination network without wrapped tokens or cross-chain liquidity pools.
Assets to watch: CRCL
6. Tokenized RWA assets on Stellar pass $3 billion
Data disclosed on August 29 showed tokenized RWA assets on Stellar passing $3 billion in July, up from $785 million in January, while DeFi total value locked stood at $213 million. Ondo USDY accounted for more than $533 million, but just over $2 million in RWA assets was being used as lending collateral. Issuance remains much larger than onchain borrowing use.
Assets to watch: XLM ONDO
7. OpenAI ends its Cursor partnership, with model access closing November 12
On August 29, OpenAI said it will end its partnership with Cursor after Cursor's acquisition by SpaceX. Cursor's access to OpenAI models will terminate on November 12. The deadline applies to Cursor's model access and is not a general shutdown date for OpenAI models.
Assets to watch: OPENAI SPCX
8. Solana ETFs receive $153 million this week
Weekly data released on August 29 showed Solana ETFs receiving approximately $153 million in net inflows, the largest weekly total since October 2025. SOL traded at $103.815, down 1.49% over 24 hours. The figure combines several trading days and differs from both daily net flows and assets under management.
Assets to watch: SOL
9. U.S. spot HYPE ETFs post $4.48 million in daily net inflows
U.S. spot HYPE ETFs recorded $4.48 million in total net inflows for the August 28 U.S. trading session, with BHYP the only fund reporting a net inflow that day. HYPE later traded at $81.13, down 2.42% over 24 hours. ETF share creations and redemptions are separate from an ETF-linked wallet staking HYPE already held onchain.
Assets to watch: HYPE
10. Ajna v2 loses about $775,000 in a liquidation-accounting exploit
On August 29, decentralized lending protocol Ajna said Ajna v2 had suffered a liquidation-accounting exploit, with losses estimated at $775,000. Affected pools included wstETH, rETH, WBTC and WETH/USDC, and the protocol advised users to withdraw funds, repay loans and pause interactions. Liquidation accounting records collateral disposal and debt repayment, the part of the system targeted in this incident.
Assets to watch: BTC ETH
Market snapshot
BTC: $77,592.3 (24h -2.40%) | ETH: $2,436.47 (24h -2.56%)
SOL: $103.815 (24h -1.49%) | HYPE: $81.13 (24h -2.42%)
Gold: $4,504.10 (-3.43%) | U.S. 10-year Treasury yield: 4.730%
S&P 500: 7,711.76 (-0.25%) | Nasdaq 100: 29,433.428 (-0.70%)