Bitcoin ETFs Back in Business!

US Spot Bitcoin ETFs attracted $552.78M in net inflows Thursday.

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How 433 Investors Unlocked 400X Return Potential

Institutional investors back startups to unlock outsized returns. Regular investors have to wait. But not anymore. Thanks to regulatory updates, some companies are doing things differently.

Take Revolut. In 2016, 433 regular people invested an average of $2,730. Today? They got a 400X buyout offer from the company, as Revolut’s valuation increased 89,900% in the same timeframe.

Founded by a former Zillow exec, Pacaso’s co-ownership tech reshapes the $1.3T vacation home market. They’ve earned $110M+ in gross profit to date, including 41% YoY growth in 2024 alone. They even reserved the Nasdaq ticker PCSO.

The same institutional investors behind Uber, Venmo, and eBay backed Pacaso. And you can join them. But not for long. Pacaso’s investment opportunity ends September 18.

Paid advertisement for Pacaso’s Regulation A offering. Read the offering circular at invest.pacaso.com. Reserving a ticker symbol is not a guarantee that the company will go public. Listing on the NASDAQ is subject to approvals.

Here's what we've got for you today:

  • Spot Bitcoin ETFs Log $533 Million in Daily Inflows as Capital Rotates Back Into BTC

  • Metaverse ‘Still Has a Heartbeat’ as NFT Sales Jump 27% in August

  • Sam Bankman Fried Faces November Appeal Hearing in New York

  • DOGE Treasury CleanCore is Now Halfway to Its 1B Dogecoin Target

US Spot Bitcoin ETFs attracted $552.78M in net inflows Thursday.

  • US Spot Bitcoin ETFs recorded $552.78 million in net inflows on Thursday, led by BlackRock’s IBIT with $366.2 million.

  • Fidelity’s FBTC and Bitwise’s BITB followed with $134.7 million and $40.43 million in inflows, alongside gains for VanEck, Invesco, and Franklin Templeton funds.

  • The latest flows were the fourth straight day of positive momentum, with a cumulative $1.7 billion in net inflows over this period.

Metaverse NFT sales rose 27% in August with $6.5M in trading volume, signaling a potential return of users.

  • Metaverse NFT sales jumped 27% in August, totaling 13,927 transactions and $6.5 million in trading volume, according to data from DappRadar.

  • Despite slightly lower trading volume than July, it was the second month of steady activity, this could signal gradual return of users to platforms like Sandbox, Mocaverse, Otherside, and Decentraland.

  • The sector peaked in hype during 2021–2022, and now shows signs of revival after cooling off in 2023.

Sam Bankman-Fried’s appeal hearing is scheduled for Nov. 4, where the former FTX CEO is looking for a new trial or reduced sentence.

  • Sam Bankman-Fried’s appeal hearing is set for Nov. 4 in the US Court of Appeals for the Second Circuit.

  • He was convicted on seven felony counts and sentenced to 25 years in prison. Now, his legal team argues prosecutors mischaracterized FTX user funds in the original trial.

  • A favorable ruling could lead to a new trial or reduced sentence.

CleanCore Solutions crossed 500M DOGE in its treasury after a $130M buy.

  • CleanCore Solutions surpassed 500 million Dogecoin in its treasury after a $130 million purchase. This means it is halfway to its 1 billion DOGE goal.

  • The firm bought 285.42 million DOGE earlier this week and plans to complete the 1 billion target in 30 days.

  • CIO Marco Margiotta said the strategy aims to position Dogecoin as a leading reserve asset with use cases in payments, tokenization, staking, and remittances.

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