Ethereum spot ETFs attracted $326.83M over August 4-8, continuing positive momentum. Fidelity’s FETH and BlackRock’s ETHA led Ethereum ETF inflows with over $100M each. Bitcoin spot ETFs netted $246.75M, led by BlackRock’s IBIT with $189M inflow. Ethereum-based exchange-traded funds (ETFs) continued to attract significant investment between August 4 and August 8, 2025, with inflows totaling $326.83 million, according to SoSoValue. This marks the 13th consecutive week of positive capital flows in the segment, highlighting sustained investor confidence. The leading Ethereum spot ETFs during the week were Fidelity’s FETH with $109.05 million in inflows, followed closely by BlackRock’s ETHA at $105.44 million. Other notable inflows included Bitwise’s ETHW ($32.63 million), Grayscale’s ETHE ($29.86 million), and Grayscale’s ETH ($22.74 million). Smaller yet meaningful inflows were also observed in funds such as VanEck’s ETHV ($12.27 million) and Franklin Templeton’s EZET ($5.84 million). In the spot Bitcoin ETF sector, inflows reached $246.75 million. BlackRock’s IBIT led with a dominant $188.92 million inflow, followed by Bitwise’s BITB with $62.26 million. Other funds that saw positive capital movement included BTC ($30.58 million), HODL ($25.57 million), GBTC ($3.40 million), and EZBC ($3.38 million). However, three Bitcoin ETFs—BTCO, BTCW, and DEFI—did not record new funds under management, and three others experienced capital outflows: FBTC ($55.18 million), BRRR ($6.44 million), and ARKB ($5.76 million). These inflows into Ethereum and Bitcoin ETFs reinforce the growing acceptance of cryptocurrency investment vehicles among institutional and retail investors alike, supporting price stability and broader market adoption. Charts detailing the capital flow dynamics for U.S.-listed Ethereum and Bitcoin spot ETFs are available from SoSoValue.
Safety Shot Inc. is acquiring up to $115 million worth of BONK, a Solana meme coin, as part of its strategy to integrate cryptocurrency into its treasury assets. Safety Shot
US President Donald Trump has recently stated that he wants his country to become the capital of disruptive technologies like crypto and AI.
Blue Origin’s new crypto payment option joins a wave of blockchain ventures in aerospace, from NFTs minted in orbit to satellites running decentralized networks.
Paxos has joined the list of firms seeking a national trust charter, with the stablecoin issuer following Circle and Ripple on that front.
A drinks company is now adopting BONK as a treasury asset, and plans to acquire up to $115 million of the Solana meme coin by year-end.
CEA Industries Inc., the Colorado-based nicotine company, announced that its treasury management arm, BNB Network Company (BNC), has acquired 200,000 BNB tokens. The stash is worth around $160 million, which makes it the largest corporate holder of BNB globally. $160 Million Bet The purchase follows a $500 million private placement led by 10X Capital in partnership with YZi Labs, earmarked exclusively for building BNB holdings as the company’s primary reserve asset. Leadership changes have accompanied the crypto pivot as David Namdar, co-founder of Galaxy Digital, was appointed as CEO, alongside Russell Read, former CIO at CalPERS, and Saad Naja, a former Kraken director. 10X Capital’s Hans Thomas and Alexander Monje have also joined the board. BNB Network Company (BNC) explained that BNB, with 250 million users and an average daily trading volume of $9.3 billion as of July 2025, remains underrepresented in the US market. As such, BNC intends to bridge this gap by increasing institutional presence within the BNB ecosystem. In its official press release, the NASDAQ-listed company said that it will maintain its buying spree until the full initial capital is invested in BNB. It may also use its warrant structure to raise an additional $750 million, which could bring total proceeds to $1.25 billion for further acquisitions. This approach provides US and global investors with exposure to BNB without direct token custody. BNB’s Market Momentum More publicly traded firms are replacing portions of their cash reserves with digital assets. These entities are structuring strategies to appeal to both retail and institutional investors. While Bitcoin and Ethereum have long dominated, focus is now turning to alternatives like BNB. This corporate pivot toward BNB coincides with its uptrend seen in recent weeks. BNB is currently trading over $818 after maintaining a steady uptrend this month. Crypto analyst Ali Martinez believes that the crypto asset’s price action is closely tracking Bitcoin’s structure. He added that this correlation could point to the early stages of a bull rally, which could potentially drive BNB toward the $1,200 mark. The post CEA Industries Secures $160M BNB Position Through Treasury Arm appeared first on CryptoPotato .
Ethereum co-founder Vitalik Buterin has criticized the trend of creating “overly agent-based” AI models and called for increased human oversight to improve both quality and safety. He wrote, “It irritates me that many AI developers strive for maximum autonomy of systems, when in fact, more opportunities for human control not only improves results (both now and in the future) but also increases safety.” Buterin’s remarks were made in response to former Tesla AI director Andrey Karpathy, who pointed out that large language models have become too independent as they are optimized for long-term tasks. For example, in programming, these models take excessive time to analyze even the simplest queries. Karpathy explained, “While this makes sense for long-running tasks, it’s less applicable to active, iterative development or quick checks before script execution. I regularly interrupt the AI with commands like, ‘Stop analyzing. Limit yourself to this file. No additional tools. No redundant solutions.’” Supporting this view, Buterin stated that too much autonomy can reduce AI efficiency. He prefers open models with editing functionality over those that generate content entirely from scratch: “These days, I get much more excited about open-weight AI models with good editing functionality than those that are just for creating from scratch.” Buterin also expressed optimism about brain-computer interface (BCI) technology, which could track and adapt to user responses in real time to better align AI with user intent and expectations. He said, “In the medium term, I want some fancy BCI thing where it shows me the thing as it’s being generated and detects in real time how I feel about each part of it and adjusts accordingly.” Community Reaction Many in the community, including Karpathy, supported Buterin’s stance. An AI enthusiast known as barry farkus shared: Software engineer Can Karakas added, “Current AI models tend to be overly complex, which is good for deep analysis, but slows down simple checks.” However, some disagreed with these views. A user named Conor noted that Karpathy was referring to default behaviors that can be changed, indicating potential for improvement rather than a fundamental flaw. ”You can clearly tell the model in the prompt what you want (e.g. literally paste this tweet into the system instructions and say something like 'pay attention to this when making a request'). I'm not against the default behavior being more autonomous, but yes, if your needs go beyond that, you'll have to give clear instructions,” he commented. Buterin’s critique highlights an ongoing debate in AI development about balancing system autonomy with human control to optimize performance and safety. The perspectives shared emphasize the future direction of collaborative human-AI systems that augment human capabilities through interactive guidance rather than full autonomy. The Path Forward for AI Development The discussion sparked by Buterin and Karpathy highlights a critical challenge in AI development: finding the right balance between system autonomy and human interaction. Experts believe that integrating flexible human oversight mechanisms can prevent AI from making inefficient or irrelevant decisions, thereby enhancing usability. As AI evolves, collaborations between humans and machines that leverage the strengths of both could become the gold standard, fostering safer, more efficient, and adaptable technologies.
Donald Trump announced no tariffs on gold, impacting market discussions. US inflation figures may provoke cryptocurrency volatility with anticipated rises. Continue Reading: US Inflation Sparks Intense Predictions by Major Financial Institutions The post US Inflation Sparks Intense Predictions by Major Financial Institutions appeared first on COINTURK NEWS .
Paxos Moves Towards Becoming a National Trust Bank Paxos, a leading issuer of regulated stablecoins like Pax Dollar (USDP) and PayPal USD (PYUSD), has filed for regulatory approval with the Office of the Comptroller of the Currency (OCC) to convert its New York Department of Financial Services (NYDFS) trust charter into a national trust bank charter. This move would allow Paxos to expand its services, including the ability to manage and hold assets on behalf of its customers, accept cash deposits, and offer loans under the appropriate regulations. The shift also reinforces Paxos’ commitment to regulatory compliance, a stance it has maintained since its inception. Why the Move Matters for Paxos and the Crypto Industry The company’s application to become a national trust bank is a significant step in the evolution of blockchain and stablecoin services. According to Paxos CEO Charles Cascarilla, the new charter would enhance the safety and infrastructure provided to both enterprise partners and consumers. It would also enable Paxos to operate under federal regulation, which ensures a higher level of transparency and security. “Paxos has set the bar for regulatory oversight and compliance over the last decade,” said Cascarilla. “By applying for a national trust bank charter, we continue to offer the safest infrastructure available.” Paxos first obtained a limited trust charter from NYDFS in 2015, making it the first blockchain firm to do so. Though its first national bank license application was filed in 2020 and granted preliminary approval in 2021, it was ultimately stalled and expired in 2023. This renewed application reflects Paxos’ commitment to maintaining the highest standards in financial services. A Growing Trend: Circle and Ripple Pursue Banking Licenses Paxos is not the only digital asset platform pursuing a national trust bank charter. Circle, the issuer of the USDC stablecoin, and Ripple, the company behind XRP, have also filed for banking licenses. Currently, Anchorage Digital is the only U.S.-based digital asset platform with a national trust bank charter, highlighting the competition among top firms in the blockchain space to gain access to the financial sector’s regulated infrastructure. Paxos’ application is a significant milestone for the company, but it is also part of a broader trend of blockchain companies seeking greater legitimacy within traditional financial services. Global Regulatory Oversight and Expansion Plans Paxos has worked hard to build a robust regulatory framework for its operations, with milestones achieved not only in the U.S. but also across Europe and Asia. The company has obtained regulatory approvals from authorities like the Finnish Financial Supervisory Authority, the Monetary Authority of Singapore, and the Abu Dhabi Global Market’s Financial Services Regulatory Authority. Paxos’ move to apply for a national trust bank charter is another step in its strategic expansion and positioning as a leader in the evolving digital asset industry.