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first_img XRP ETF saw a net inflow of 170 million USD for 11 consecutive days, with Goldman Sachs ranking first among institutional holders

The US spot XRP ETF has recorded net inflows for 11 consecutive trading days, attracting approximately $170 million in funds during this period. Since its launch in November last year, the cumulative net inflow of these funds has reached about $1.68 billion. As of Wednesday morning, the trading price of XRP was around $1.33, down from about $1.45 on August 27, but still higher than the $1 level in mid-August.According to the disclosures in the 13F filings, Goldman Sachs is the largest institutional holder of the XRP ETF, holding approximately $87.4 million, while Jane Street and Millennium Management hold $16.6 million and $16.2 million, respectively. Investment advisors are the largest category of holders, accounting for about $120 million of the disclosed $183 million, while hedge funds hold about $25 million, and brokers and banks hold approximately $17 million and $14 million, respectively.However, institutional holdings and fund inflows measure different dimensions: the 13F filings reflect the holdings as of June 30, while the continuous inflows record new funds from the end of August to early September. These data only reflect the total holdings of the ETF and not the complete exposure of investors to XRP; institutions like Goldman Sachs may hedge part of the price risk through futures or other instruments. The next round of 13F filings will be released in November.

first_img Robinhood Chain saw over 17% of tokenized stocks locked in Meme coin trading pairs, with 31% of the trading volume coming from Meme coin pairs

DeFiprime founder Nick Sawinyh analyzed that the Meme coin issuance platform on the Robinhood Chain is massively using tokenized stocks as paired assets. As of September 1, approximately 17.2% of the on-chain supply of 19 high liquidity Robinhood stock tokens is locked in 432 pools that use stock tokens as quoted assets, contributing 31.3% of the DEX trading volume of related stock tokens in the past 24 hours. The four issuance platforms Long, Bankr, Flap, and PAIR have set stock-paired Meme coins as default products.Among them, the AI/NVDA pool holds 8,783 NVDA (accounting for 16.2% of the total on-chain tokenized NVDA), with a 24-hour trading volume of about $6.2 million; the BONER/HIMS pool holds 37,172 HIMS (accounting for 50.4% of the total HIMS on the chain), with a trading volume of about $12.5 million. This mechanism has led to significant premiums for some tokenized stocks over the weekend (when issuers cannot issue more), with HIMS once trading at a premium of 112% compared to the NYSE closing price. The TVL of the Robinhood Chain has nearly doubled since August 1 to $740 million, with on-chain DEX daily trading volume reaching $1.49 billion on August 31. The analysis points out that 9 stock tokens have an on-chain circulating market value of less than $1.5 million, and a single Meme coin pool can absorb a large proportion of the circulating supply. This analysis is based on specific block snapshot data, with prices and pool balances changing rapidly.

Bitget CFD Chief Analyst: Waller's hawkish speech raises expectations for "higher interest rates to last longer," making the dollar and U.S. Treasury yields key to the market

Bitget CFD Chief Analyst Lewis Huang stated that the hawkish remarks made by Powell at the Jackson Hole global central bank conference have shifted the market's focus from whether there will be a rate hike in September to the possibility that the Federal Reserve may maintain high interest rates for a longer period before inflation clearly falls back to the 2% target, and even retain the option for further tightening of policies.Lewis Huang pointed out that if subsequent CPI, PCE, and employment data continue to be strong, the U.S. 2-year Treasury yield and the dollar index may remain strong, putting continued pressure on gold from the dual forces of rising real interest rates and a strengthening dollar, which may also amplify the volatility of high-valuation tech stocks like the Nasdaq 100.Conversely, if inflation significantly cools and the labor market weakens, the market may lower its rate hike expectations, leading to a decline in the dollar and U.S. Treasury yields, providing support for gold and growth stocks.He added that besides the Federal Reserve's policy statements, traders should also pay attention to whether the U.S. 10-year Treasury yield is influenced by factors such as fiscal deficits, Treasury supply, and rising term premiums.Before and after the release of major data, it is recommended to moderately control leverage and assess market direction based on the interrelationship between the dollar, U.S. Treasury yields, gold, and stock indices.

first_img Chainalysis sues ICE for exclusively awarding a $94.6 million blockchain analysis contract to TRM Labs

Blockchain analysis company Chainalysis has filed a lawsuit in the U.S. Federal Claims Court, accusing the U.S. Immigration and Customs Enforcement (ICE) of illegally awarding a $94.6 million exclusive contract to competitor TRM Labs. This contract provides forensic software and support services for investigations by the Department of Homeland Security's task force, with a performance period from July 1, 2026, to June 30, 2027. Chainalysis claims this is the largest blockchain analysis contract awarded by the U.S. government to date.In the complaint, Chainalysis pointed out that ICE issued a Request for Information (RFI) on May 28, which included 18 questions regarding capabilities such as a proprietary fraud victim database, AI agent data retrieval, automatic notifications for virtual asset service providers (VASP) to execute voluntary freezes, and collaboration with stablecoin issuers. However, many of the RFI requests did not appear in the final Statement of Need released less than two weeks later, while ICE's market research determined that Chainalysis could not meet the needs based on RFI standards. Chainalysis also noted that "sexual extortion," which was not mentioned in the RFI, became one of the three main task areas in the Statement of Need, and some requirements closely matched TRM's proprietary product architecture.Chainalysis claims it was the only company to submit a capability statement, but ICE completed its market research the next day, determining that TRM was the only vendor capable of meeting all the requirements, and did not pose any follow-up questions to it.
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