PA Daily | Bitcoin Spot ETF has seen a net inflow for 9 consecutive days; a certain KOL claims that 96% of traders who transferred from Solana to BNB Chain are in a state of loss.

Today's news highlights:

Deutsche Bank: Central banks around the world may incorporate Bitcoin and gold into key reserves before 2030.

Crypto KOL: 96% of traders who bridged from Solana to BNB Chain are currently in a loss.

Binance Futures launches MONUSDT perpetual contract pre-market trading.

HyperSwap: 75% of the protocol revenue will be used for token buybacks and burns.

BNB Chain ranks first with $7.88 million in transaction fees and $6.65 million in APP revenue over 24 hours.

A certain Bitcoin OG shorted ETH with $30 million at 12x leverage, worth about $330 million.

Bitcoin spot ETFs saw a total net inflow of $198 million yesterday, marking the ninth consecutive day of net inflows.

Bisheng Capital has established a $100 million BNB ecosystem special fund, supported by Nano Labs.

Macroeconomic

Deutsche Bank: Central banks may incorporate Bitcoin and gold into key reserves by 2030.

According to Bloomberg, Deutsche Bank stated that central banks may include Bitcoin and gold in their key reserves before 2030. The research points out that central banks became net buyers of gold after the 2008 financial crisis, and currently, global central banks hold over 36,000 tons of gold; the share of the dollar in global reserves has dropped from 60% in 2000 to 41% in 2025, driving net inflows of $5 billion and $4.7 billion into gold and Bitcoin ETFs, respectively, in June. The report states that digital assets should “complement” fiat currencies and emphasizes that Bitcoin will not replace the dollar; JPMorgan also estimates that stablecoins may bring an additional $1.4 trillion in dollar demand by 2027.

U.S. media: The U.S. Bureau of Labor Statistics is expected to release the CPI report during the shutdown.

According to the New York Times, a U.S. government source stated that despite the federal government shutdown, the U.S. Bureau of Labor Statistics (BLS) is still preparing to release the CPI data for September, though the exact release time is still unclear, and it is almost certain that it will not be on the originally scheduled date of October 15. The statistical agency has halted all operations during the funding interruption, thus failing to release the non-farm payroll report as planned last week. According to government sources, the agency has begun recalling some staff to complete the report preparation work. This decision to release data appears to be related to the annual Social Security cost adjustment process. This adjustment is based on third-quarter inflation data, so the delay in releasing September's price data may postpone the announcement of the cost of living adjustment. Additionally, other foreign media reported that the BLS plans to release the September CPI data by the end of the month.

Licensed exchange HashKey seeks to IPO in Hong Kong, raising no more than $500 million.

According to informed sources, HashKey Group, the largest licensed cryptocurrency exchange operator in Hong Kong, has secretly submitted an initial public offering application in Hong Kong. The sources indicated that HashKey may aim to go public as early as this year, with the listing potentially raising up to $500 million. The sources stated that the related reviews are still ongoing, and details such as valuation and timing may change. A representative of HashKey stated that the company currently has no IPO-related information to disclose. Hong Kong launched a regulatory framework for virtual assets last year, aiming to solidify its status as a digital asset hub.

Opinion

Crypto KOL: 96% of traders bridging from Solana to BNB Chain are currently in a loss position.

Curb.sol, who claims to be the nCMO of Solana, stated that 96% of traders who bridged from Solana to BNB Chain are currently in a loss position. The post did not disclose the specific sample source and statistical methods.

He Yi: I heard that in the future, BNB Chain will support other wallet similar Meme Rush products.

Binance co-founder He Yi responded to community users on platform X, stating: “According to policy requirements, Binance currently does not service Americans. Today I heard that in the future BNBchain will support similar Meme Rush products from other wallets.”

Project Updates

Binance Futures launches MONUSDT perpetual contract pre-trading

Binance Futures announced that the pre-trading for the MONUSDT perpetual contract will go live today at 15:15.

Upbit will launch the Infinit(IN) KRW trading pair.

Upbit exchange announces the launch of Infinit (IN) on the KRW market.

Binance Alpha will launch Coral Finance on October 12 with airdrop (CORL).

Binance, referred to as “Binance Alpha” in Chinese, will launch Coral Finance (CORL) on October 12. Eligible users can go to the Alpha event page to claim airdrops using “Binance Alpha Points” after Alpha trading opens, with specific details to be announced.

HyperSwap: 75% of the protocol revenue will be used for token buybacks and burns.

Hyperliquid EVM native AMM DEX HyperSwap will use 75% of protocol revenue for token buyback and burn after TGE.

Binance launches the 50th HODLer airdrop project Walrus (WAL)

Binance announces the 50th HODLer airdrop project Walrus (WAL), which will go live for spot trading on 2025-10-10 15:30 (UTC+8), opening trading pairs against USDT, USDC, BNB, FDUSD, and TRY. The total supply of WAL is 5 billion, with an initial circulating supply of 1.478958333 billion (accounting for 29.57%). This HODLer airdrop rewards 32.5 million WAL, and an additional 99,487,179 WAL will be used for post-listing marketing. Supports Sui network contracts. Users who subscribed to Simple Earn or On-Chain Yields with BNB will receive airdrop allocations based on historical snapshots taken from 2025-10-01 to 2025-10-03.

Aster will launch the second phase of the empty investment qualification inquiry today at 21:00.

Aster announces that the $ASTER second phase airdrop checker will be launched today at 21:00 (UTC+8), opening up eligibility inquiries.

Important data

BNB Chain ranks first with $7.88 million in transaction fees and $6.65 million in APP revenue over 24 hours.

According to data from CoinMarketCap, BNB Chain topped the list with $7.88 million in fees and $6.65 million in application revenue over the past 24 hours. Other major blockchains performed as follows: Solana ($4.37 million in application revenue), Ethereum ($2.52 million in application revenue), and Tron ($1.49 million in fee revenue).

A certain Bitcoin OG shorted ETH with $30 million at 12x leverage, valued at approximately $330 million.

According to Lookonchain monitoring, Bitcoin OG just deposited 30 million USDC into Hyperliquid and opened a short position of 76,242 ETH (worth about 330 million USD) with 12x leverage, with a liquidation price of $4,613.7.

Bitcoin spot ETF had a total net inflow of $198 million yesterday, marking a net inflow for 9 consecutive days.

According to SoSoValue, on October 9th Eastern Time, the total net inflow of Bitcoin spot ETFs was $198 million in a single day, marking the ninth consecutive day of net inflows. Among them, the BlackRock ETF IBIT saw a net inflow of $255 million in a single day, with a historical total net inflow of $65.19 billion; the Bitwise ETF BITB had a net inflow of $6.58 million, with a historical total net inflow of $2.52 billion. As of the time of writing, the total net asset value of Bitcoin spot ETFs is $164.79 billion, accounting for 6.83% of the total market capitalization of Bitcoin, with a historical cumulative net inflow of $62.77 billion.

Financing/Merger

Fanable secured $11.5 million in funding and launched $COLLECT token reward mining.

According to Chainwire, the Web3 collectibles platform Fanable (developed by Ethernal Labs) has received $11.5 million in funding, with investors including Michael Rubin's Fanatics, Ripple, Steel Perlot, Polygon, Borderless, Morningstar, and others. Fanable claims to have completed over 20,000 transactions with a monthly growth rate of 100%, which will be used for platform iteration and global expansion. It has partnered with the Collect Foundation to launch $COLLECT token point mining, with tokens being used for community rewards, trading incentives, and governance. Fanable has partnered with Brinks to support global trading of Pokémon cards using cryptocurrencies and fiat currencies, covering iOS.

Multi-chain trading infrastructure LAB has completed a $5 million financing, with participation from Amber Group and others.

According to official news, the multi-chain trading infrastructure LAB has announced the completion of a $5 million financing round, with participation from Selini Capital, Re7 Capital, Cypher Capital, RedBeard VC, Lemniscap, TVM Ventures, OKX Ventures, Mirana, KuCoin Ventures, Gate Ventures, GSR, Animoca Brands, Presto Labs, MEXC Ventures, Amber Group, and others. The project will hold its token generation event (TGE) on October 14.

QumulusAI has secured a $500 million blockchain-backed credit line to expand its AI computing infrastructure.

According to CoinDesk, QumulusAI, a company building GPU (graphics processing unit)-based cloud infrastructure for artificial intelligence, has secured a $500 million credit line to fund its expanding GPU cluster. The financing was arranged by Permian Labs and will be allocated through the blockchain-based credit protocol USD.AI. The company stated that this non-recourse credit arrangement will allow QumulusAI to borrow stablecoins against up to 70% of the value of its approved deployed GPUs. Compared to traditional credit avenues like bank loans or venture debt, this method enables the company to access funds more quickly.

The crypto company CipherOwl has completed a $15 million seed round of financing, with participation from Coinbase Ventures and others.

According to Fortune magazine, cryptocurrency compliance startup CipherOwl announced the completion of a $15 million seed round financing, led by General Catalyst and Flourish Ventures, with participation from institutions such as Coinbase Ventures and Enlight Capital. The company, co-founded by former Coinbase engineers, focuses on using artificial intelligence technology to provide on-chain transaction monitoring and compliance analysis services for financial institutions. Its clients include multiple cryptocurrency exchanges and law enforcement agencies, primarily generating suspicious activity analysis reports automatically through AI systems to enhance review efficiency.

The publicly listed company Rezolve Ai announced the acquisition of the blockchain data platform Subsquid.

According to Globenewswire, Nasdaq-listed company Rezolve Ai has announced the acquisition of the blockchain data platform Subsquid, with the specific acquisition amount not disclosed. The company will also purchase SQD tokens and will rename itself in due course after obtaining approval from regulatory authorities and exchanges. SQD tokens will be acquired annually into the treasury of Rezolve Ai.

Falcon Finance has received a $10 million strategic investment from M2 Capital and Cypher Capital.

According to official news, the universal collateral infrastructure Falcon Finance has announced a strategic investment of $10 million from the UAE venture capital firm M2 Capital. Additionally, Cypher Capital also participated in this round of financing. With the investment from M2 Capital, Falcon will accelerate its global roadmap, focusing on expanding fiat currency channels, deepening ecosystem partnerships, and enhancing the resilience of its universal collateral model.

Decentralized AI studio Yuma has launched an asset management division and received a $10 million investment from DCG.

According to CoinDesk, the development studio and accelerator for the decentralized artificial intelligence (deAI) network Bittensor, founded by Barry Silbert of Digital Currency Group (DCG), has launched an asset management division called Yuman Asset Management, providing institutional and accredited investors with convenient access to the deAI ecosystem. Yuman Asset Management has secured a $10 million anchor investment from DCG and launched two fund strategies for subnet tokens. DCG stated that the Yuma subnet composite fund aims to provide a market-weighted risk exposure across all active subnets, similar to the “Nasdaq” of subnet tokens.

The on-chain infrastructure layer Rhuna has completed a $2 million seed round financing, led by Aptos Labs.

According to Chainwire, the on-chain infrastructure layer Rhuna has announced the completion of a $2 million seed round of financing, led by Aptos Labs, with participation from Acc Ventures, X Ventures, NewTribe Capital, Keyrock, CoinMarketCap Labs, FunFair, Lémanique, and others. Rhuna is described as a universal entertainment pass supported by stablecoin settlement and on-chain identity. It provides operators with a single programmable layer for wallet-native checkout and POS systems, ticketing and access control, membership and identity verification, and real-time stablecoin settlement.

Institutional Holdings

Public company Sharps Technology collaborates with Coinbase to expand digital asset financial strategy.

According to a report by PR Newswire, Sharps Technology, Inc. (NASDAQ: STSS) has announced a strategic partnership with Coinbase Global, Inc. Under the cooperation agreement, STSS will work with Coinbase to expand its previously announced Solana digital asset treasury strategy. To date, STSS has acquired over 2 million SOL tokens, which, based on the current SOL token price (over $210), are valued at more than $400 million. As part of the collaboration, the company plans to utilize Coinbase Prime's custody infrastructure and over-the-counter (OTC) trading products.

Public company Leap Therapeutics completes a $58.88 million private placement to launch its digital asset finance strategy.

According to a report by PR Newswire, biotechnology company Leap Therapeutics (NASDAQ: LPTX) announced that it has completed a previously announced private placement led by Winklevoss Capital, raising $58,888,888 in cash to launch a digital asset financial strategy. Winklevoss Capital will provide funding and strategic support to help Leap build and execute its digital asset financial strategy.

The Netherlands' Amdax subsidiary AMBTS has raised 30 million euros, intended for the purchase of Bitcoin.

According to a Reuters report on October 7, Dutch cryptocurrency company Amdax announced on Tuesday that it plans to launch a Bitcoin reserve company named AMBTS on the Dutch exchange, having currently raised €30 million (approximately $35 million) in funding. Amdax stated that the completion of the first round of financing for AMBTS means the company is ready to launch its Bitcoin purchase program.

Bisheng Capital has established a $100 million BNB ecosystem special fund, supported by Nano Labs.

Bitrise Capital has announced the establishment of a specialized fund with a scale of 100 million USD dedicated to the BNB ecosystem, aimed at supporting the development of quality projects and infrastructure built on the BNB Chain. The fund has received a letter of intent for subscription and strategic support from NASDAQ-listed company Nano Labs (NASDAQ: NA). Bitrise Capital was founded in 2017 and is an investment institution focused on the cryptocurrency and blockchain sectors, primarily engaged in primary and secondary market investments and project incubation, currently managing over 500 million USD in funds. Nano Labs is a global leader in Web3 infrastructure and is also the world's first publicly listed company with a BNB strategic reserve.

Bonk Treasury Company plans to hold 5% of the circulating supply of BONK by the end of the year, and will soon be renamed Bonk, Inc.

According to Decrypt, digital asset management company Safety Shot, Inc. will officially change its name to Bonk, Inc. on October 10, and will switch to the stock code BNKK. This name change marks an important transformation for the company into the digital asset sector, while also planning to sell unnecessary assets to optimize its business. Currently, Bonk, Inc. holds about 2.7% of the circulating supply of the Solana ecosystem meme coin BONK, valued at approximately $43 million, and plans to increase its holdings to 5% by the end of the year. In addition, Bonk, Inc. has invested in several Bonk ecosystem projects, including a 10% revenue share of the meme coin issuance platform LetsBonk. Previously, Safety Shot established BONK Holdings to implement its digital asset strategy, currently holding 2.5% of the total circulating supply of BONK.