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Odaily News: According to SoSoValue data, yesterday (Sept. 8, Eastern Time) HYPE spot ETFs saw a total net outflow of $12.9556 million in a single day.

The HYPE spot ETF with the largest net outflow yesterday was the Bitwise Hyperliquid ETF (BHYP), with a single-day net outflow of $8.063 million, bringing its historical total net inflow to $156 million.

The next was the 21Shares Hyperliquid ETF (THYP), with a single-day net outflow of $4.8926 million, bringing its historical total net inflow to $51.6923 million.

As of press time, the total net asset value of HYPE spot ETFs is $464 million, with a HYPE net asset ratio of 2.48%, and historical cumulative net inflows have reached $344 million.

Odaily News: According to SoSoValue data, yesterday (Sept. 8, Eastern Time) SOL spot ETFs saw a total net outflow of $667,700.

Among them, the 21Shares Solana ETF (TSOL) recorded a net inflow of $502,700 for the day, bringing its historical total net outflow to $97.7607 million.

The Grayscale Solana Trust (GSOL) saw a net outflow of $1.1705 million for the day, with its historical total net inflow reaching $134 million.

As of press time, the total net asset value of SOL spot ETFs stood at $1.431 billion, with a net asset ratio of 2.37% for SOL, and a historical cumulative net inflow of $1.345 billion.

Odaily News: Steve Witkoff, a special envoy of U.S. President Trump and a real estate developer, said in his latest financial disclosure that his holding company brought him approximately $107 million in income in 2025. The company holds his stake in the crypto project World Liberty Financial LLC, as well as assets such as resorts, hotels, and residential real estate; the filing did not disclose the specific valuations and income of World Liberty Financial LLC and other underlying assets. Previous disclosures showed that the holding company's income in 2024 was $34 million. Critics argue that Witkoff's holdings in entities such as World Liberty Financial LLC pose a potential conflict of interest with his government role.

Odaily News: Robinhood Crypto announced on X that the total value locked in Robinhood stock tokens on Robinhood Chain has reached $150 million, as global markets are moving on-chain.

Odaily News: Liquid Network's official security incident report states that on September 6, a vulnerability in the open-source software Elements related to the validation of Liquid node cached range proofs was exploited, resulting in the creation of approximately 4,000 LBTC without bitcoin reserve backing. The exploiter subsequently exchanged them for approximately 4,000 BTC via SideSwap and the Liquid standard Peg-out mechanism. Before the incident, Liquid's reserves were approximately 4,205 BTC, and after the relevant Peg-out and other withdrawals before the network halt, reserves temporarily dropped to 197 BTC.

Liquid Network stated that this incident did not involve the compromise of Functionary nodes or private keys, and other issued assets on Liquid such as USDT were not affected by the vulnerability. The exploiter claimed to be a white hat security researcher and returned 3,400 BTC to the Liquid Federation Peg wallet on September 7. Currently, approximately 598.5 BTC (about 15% of the involved funds) remain unrecovered, and Blockstream is in communication to recover the remaining assets.

Liquid Network also stated that the current priority is to recover the remaining funds and restore Liquid Network to normal operation as soon and as safely as possible. A fix for the vulnerability has been developed and is undergoing multiple rounds of internal and external review. Blockstream is preparing to urgently release Elements v23.3.4, which is expected to be released as soon as it is ready, with a target rollout within approximately 48 hours. After the software update is complete, Liquid Network Functionary operators will make further adjustments to restore full network functionality and the corrected network state, including rejecting previously invalid Peg-outs.

Odaily News: Loracle posted on X platform calling out Robinhood CEO Vlad Tenev, hoping he would coordinate market makers to increase liquidity for the PONS/USDG market on Lighter.

Previously, Loracle had built a related trading Vault based on Lighter and executed trades through an off-chain Keeper. Loracle stated that since the current market is quickly approaching its set safety OI limit, the Vault will gradually build positions in the future.

According to Hyperbot data, Loracle currently holds approximately 27.75 million PONS 3x short positions, with a position value of about $21.77 million and an unrealized loss exceeding $3.3 million.

Odaily News: U.S. Republican Senator Cynthia Lummis said that if the Clear Act fails to pass, the blame lies with Democrats for not joining Republicans in supporting the bipartisan bill. She stated that Democrats' continued demands for amendments could lead to future regulators stifling the crypto industry; if differences can be bridged, the bill can pass, but Democrats need to compromise further, rather than the White House making concessions.

The U.S. Senate will hold a procedural vote on the bill next week. The bill aims to delineate regulatory responsibilities and clarify whether digital assets are securities, commodities, or stablecoins; the bill passed the House last July but was stalled due to conflicts between banking lobbying groups and crypto companies over customer stablecoin yield issues. A new draft circulating in July prohibits government officials from promoting crypto or profiting from it, with Democrats criticizing the Trump family's involvement in the sector and demanding further amendments.

Odaily News: Bitcoin News posted on X platform that Block, owned by Jack Dorsey, has applied to the U.S. Office of the Comptroller of the Currency to establish a federally regulated national trust bank, Builders Bank & Trust. If approved, the bank will provide bitcoin and stablecoin custody and related fiduciary services, with a focus on safeguarding client assets, and will not accept checks or savings deposits or offer loans. Lee Woolley, Block's head of digital asset strategy, will serve as the bank's president and CEO.

Odaily News: The city of Plattsburgh, New York, held a public hearing to discuss a temporary land-use moratorium on high-energy computing facilities such as AI data centers and cryptocurrency mining. If approved, the moratorium would suspend approvals for projects with electricity demands of 300 kilowatts or more for a period of 12 months.

As of Tuesday, Plattsburgh Mayor Wendell Hughes had not yet approved the moratorium. The city council plans to reconvene on September 17 to continue deliberating the proposal.

Plattsburgh previously enacted an 18-month ban on Bitcoin mining in 2018 due to residents' concerns about electricity costs. Currently, some crypto mining companies are pivoting to AI and high-performance computing operations, as the industry faces rising mining difficulty, higher electricity costs, and declining token prices. (Cointelegraph)

Odaily News: Bitcoin treasury company Strategy is selling Nike Air Jordan and Nike Dunk sneakers with its own branding on its official online store, priced at $250 each. Both sneaker models are currently sold out and are not official Nike collaborations.

The Strategy store currently only accepts credit cards, Apple Pay, and Google Pay, and does not support payment with bitcoin or other cryptocurrencies. This payment method has drawn criticism from social media users, with some pointing out that bitcoin-themed merchandise cannot be purchased with BTC.

On Tuesday morning after the Labor Day holiday, Saylor said Strategy had repurchased $176 million of STRC preferred stock. During the same period, the company recently paused its bitcoin purchases, and social media discussions about the sneaker merchandise coincided with this development. (Bitcoin.com News)

Odaily News: According to Bitcoin News, Liquid Federation released an incident report stating that an attacker exploited a vulnerability in Elements' range proof verification cache to mint approximately 4,000 unbacked L-BTC, which were then exchanged for real BTC via the authorized exit peg path on SideSwap. Liquid's functionaries treated the transactions as valid and released approximately 4,000 BTC from the federation reserves. Before the incident, Liquid held about 4,205 BTC, and reserves dropped to a low of 197 BTC before operations were suspended. The attacker, claiming to be a white hat, has since returned 3,400 BTC, leaving approximately 598.5 BTC unrecovered. No private keys were compromised, and the exit peg mechanism itself functioned as designed. Liquid remains offline, and Blockstream is preparing to release an emergency version of Elements v23.3.4 and working to restore the network backed by a 1:1 bitcoin reserve.

Odaily News: Bitcoin fell below $78,000 on Tuesday, hitting a low of $77,603 before recovering to around $78,600; as of 11:20 a.m. ET Tuesday, its market cap was approximately $1.58 trillion.

The recent price volatility triggered $79 million in Bitcoin position liquidations, with long positions accounting for about 90%. Total crypto market liquidations reached $264 million, including $187 million in long positions and $77 million in short positions.

The U.S. Bureau of Labor Statistics will release the August Producer Price Index (PPI) and Consumer Price Index (CPI) on Thursday and Friday, respectively. (Bitcoin.com News)

Odaily News: Bitcoin News posted on X that, according to WELT, the German Ministry of Finance is drafting a tax reform plan to tax gains from Bitcoin and other crypto assets purchased after December 31, 2026, without applying the holding period exemption. Existing holdings will still be subject to current rules, meaning they can be sold tax-free after being held for more than one year. The relevant law is planned to take effect in 2027, with the first tax withholding possibly starting in 2028. The draft is still in its early stages and may be adjusted later.