🔵 Bitcoin spot ETFs saw a total net outflow of $333 million yesterday, continuing a three-day streak of net outflows. DeThings, August 5 - According to SoSoValue data, yesterday (Eastern Time, August 4), Bitcoin spot ETFs experienced a total net outflow of $333 million. The Bitcoin spot ETF with the highest single-day net inflow yesterday was the Bitwise ETF BITB, which had a net inflow of $18.7428 million, bringing its historical total net inflow to $2.278 billion. The Bitcoin spot ETF with the highest single-day net outflow yesterday was the Blackrock ETF IBIT, which had a net outflow of $292 million, with its historical total net inflow currently at $57.305 billion. As of the time of this report, the total net asset value of Bitcoin spot ETFs is $147.955 billion, with an ETF net asset ratio (market cap relative to total Bitcoin market cap) of 6.46%, and the historical cumulative net inflow has reached $53.847 billion.

🔵 Ethereum spot ETFs saw a total net outflow of $465 million yesterday, setting a new historical high. DeThings, August 5 - According to SoSoValue data, the total net outflow of Ethereum spot ETFs yesterday (Eastern Time, August 4) was $465 million. The Ethereum spot ETF with the highest single-day net outflow yesterday was the Blackrock ETF ETHA, which had a net outflow of $375 million, bringing its historical total net inflow to $9.367 billion. The second was the Fidelity ETF FETH, with a single-day net outflow of $55.1144 million, and its historical total net inflow currently stands at $2.211 billion. As of the time of this report, the total net asset value of Ethereum spot ETFs is $20.473 billion, with an ETF net asset ratio (market value compared to Ethereum's total market value) of 4.7%, and the historical cumulative net inflow has reached $9.024 billion.

🔵 Trader Eugene disclosed that he has taken profit on his ETH long position, expecting a return of about 6.14% in less than four days. On August 5, DeThings reported that on-chain analyst @ai_9684xtpa monitored that trader Eugene stated he has TP'd (taken profit) on his ETH long position. Although he is optimistic that ETH will rise to $3800-$4000 in the short term, he still chose to cash out during this rapid rebound. Based on the estimated timing of the position switch, the return in less than four days is approximately 6.14%.

🔵Coinbase and PayPal continue to push forward with stablecoin reward programs despite the GENIUS ban DeThings, August 5 - According to Decrypt, after the U.S. GENIUS Act took effect last month, which prohibits stablecoin issuers from providing passive income through staking or depositing balances to users, Coinbase and PayPal are still offering users annual returns of 3%-5% through their "reward programs." Coinbase CEO Brian Armstrong explained during the earnings call that the company is not the issuer of USDC (which is issued by Circle) and that what they provide is a "reward" rather than "interest," thus not violating the new regulations. PayPal similarly maintains its PYUSD stablecoin's 3.7% yield program through the third-party issuer Paxos. Senate staff indicated that the act only regulates the behavior of issuers and does not impose restrictions on secondary market service providers.

🔵Since April, Aave DAO has repurchased a total of 70,000 AAVE, costing $15.7 million. DeThings, August 5 - According to monitoring by TokenLogic, since the repurchase plan was launched on April 9, Aave DAO has repurchased a total of 70,000 AAVE, costing $15.7 million, with an average repurchase price of $223.33 per token. Based on today's price of $261 per token, these repurchased tokens are currently valued at $18.3 million, realizing a profit of $2.6 million. The repurchase is still ongoing, with approximately $1 million invested weekly.

🔵行情：ILV日内涨幅29.42%，1INCH日内跌幅1.82% DeThings 8月5日电，据欧易OKX行情显示，日内涨幅排名靠前的几个代币为：ILV现报17.491美元，日内涨幅29.42%；AR现报6.946美元，日内涨幅4.39%；W现报0.0798美元，日内涨幅3.11%；LTC现报121.37美元，日内涨幅3.00%；ORDI现报9.303美元，日内涨幅2.43%。此外，日内跌幅排名靠前的几个代币为：1INCH现报0.269美元，日内跌幅1.82%；OM现报0.252美元，日内跌幅1.21%；GRT现报0.0920美元，日内跌幅1.19%；MEME现报0.00177美元，日内跌幅1.11%；BONK现报0.0000260美元，日内跌幅1.10%。

🔵MEET48's "First WEB3.0 Global Idol Annual Popularity Election" has successfully concluded, generating over 78 million IDOL, leading the Web3 entertainment industry. DeThings reported on August 5 that MEET48 held its first Web3 Global Idol Popularity Election (WIPA) in Hong Kong on August 2, generating over 78 million IDOL tokens, accounting for 1.63% of the total supply. SNH48 members Han Jiale, Liu Zengyan, and Zhang Xiaoying took the top three spots, while the AI virtual girl group FiveSs secured fourth place. The event was sponsored by the AIUGC virtual idol game AuditionsGO. MEET48 currently has 3.8 million users and 500,000 Web3 wallets, with the IDOL token listed on multiple exchanges and backed by several institutional investors. MEET48 is reshaping the global entertainment industry with AI and blockchain.

🔵 A rebounds and breaks through 0.5121 USDT According to DeThings news and OKX market data, A has rebounded and broken through 0.5135 USDT, currently quoted at 0.5121 USDT, with a daily increase of 3%.

🔵In July, Bitcoin price volatility fell to its lowest level in over a year According to Forbes, Blockforce Capital data shows that Bitcoin price volatility fell to its lowest level in over a year in July. As of July 30, the 60-day annualized volatility of Bitcoin dropped to 28.53%, the lowest level since August 2023; the 30-day annualized volatility also fell to 25.26% on July 23, marking a new low since October 2023. During the month, Bitcoin prices fluctuated between $105,000 and $122,750. Market analysis suggests that the decrease in volatility is closely related to the progress of cryptocurrency regulation in the U.S.: In July, the House of Representatives passed three cryptocurrency regulatory bills, including the Stablecoin Innovation Act, which has been signed into law by the President; the SEC released new rules for exchange-traded products (ETPs) and expressed support for the innovation of tokenized securities. The gradual clarification of the regulatory environment has reduced market uncertainty.

🔵 The market capitalization of the synthetic stablecoin USDe has risen to $9.293 billion, with a monthly increase of over 75%. DeThings, August 4 - According to data from DeFiLlama, the market capitalization of Ethena's synthetic stablecoin USDe has reached $9.293 billion, with a monthly increase of 75.13%. USDe is currently the third-largest stablecoin by market capitalization, following USDT and USDC.