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Quick Take Summary is AI generated, newsroom reviewed. Forward Industries secures $1.65B for a Solana treasury plan. Galaxy Digital and Jump Crypto to handle infrastructure. Multicoin Capital adds Solana investment expertise. Strategy aims to grow Solana’s ecosystem and stability.References Forward Industries (NASDAQ: FORD) has secured $1.65 billion in cash and stablecoin commitments via a PIPE round led by Galaxy Digital, Jump Crypto, and Multicoin Capital to launch a Solana-focused digital asset treasury
Quick Take Summary is AI generated, newsroom reviewed. Ethereum spot ETFs recorded $447 million in outflows, the second-largest in history. Bitcoin ETFs also saw significant withdrawals, with a combined $160 million in outflows. The synchronized outflows suggest widespread investor caution in the crypto market. Despite the withdrawals, cumulative crypto ETF inflows for the year remain positive.References On September 5, Ethereum spot ETFs saw total net outflows of $447 million
Quick Take Summary is AI generated, newsroom reviewed. Ethereum ETFs record $787.7M outflows, reversing August’s huge inflows Bitcoin ETFs attract $246M, reinforcing reputation as safer digital asset Institutions reposition amid recession fears, weak labor data, Fed uncertainty Ethereum fundamentals strong with $223B DeFi activity and reduced gas fees Global regulation shapes ETF flows, with US attracting more institutional capitalReferences US spot ETH ETFs saw its largest weekly outflows last week with $
Metaplanet and Convano unveiled new Bitcoin acquisition plans worth over $150 million, underscoring rising confidence in cryptocurrency as a treasury asset among Japanese firms facing currency risks and policy uncertainty.
Kazakhstan will launch a state crypto reserve and digital asset law by 2026. President Tokayev promotes digital tenge adoption, unveils CryptoCity, and oversees Central Asia’s first spot Bitcoin ETF to strengthen financial innovation.
Eightco stock soared after announcing Worldcoin as its primary treasury asset and securing a $20 million investment from BitMine. The move sparked broader debate on corporate crypto treasuries and digital identity tokens.
- 01:59A certain whale has taken a 5x leveraged long position on PUMP and is currently sitting on an unrealized profit of $7.8 million.According to Jinse Finance, OnchainLens monitoring shows that as PUMP reaches a new high, a whale holding a 5x leveraged long position in PUMP is now enjoying an unrealized profit of $7.8 million. This trader also holds multiple long positions in BTC, FARTCOIN, SOL, PEPE, and others, with total profits exceeding $36 million.
- 01:40Pump.fun Co-Founder: Pump.fun's average concurrent live streams have surpassed RumbleAccording to ChainCatcher, Pump fun co-founder alon tweeted that in terms of average concurrent live streaming numbers, Pump.fun has already surpassed Rumble. Currently, its market share is about 1% of Twitch and about 10% of Kick. Pump.fun is capturing their market share and will continue to do so.
- 01:39Data: Galaxy Digital purchased another 325,000 SOL in the past 5 hoursAccording to ChainCatcher, monitored by Lookonchain, Galaxy Digital has purchased another 325,000 $SOL in the past 5 hours, worth $78,000,000.