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Prices (USD, inline): BTC $110,282.51 | ETH $4,425.02 | SOL $188.31 | BNB $842.71 | XRP $2.91 | ADA $0.8390 | AVAX $23.31 | DOGE $0.2107 | DOT $3.79

Quick Index ⚡️
🟣 ETH ETFs outpace BTC with a $444M daily surge
📉 $14.6B BTC/ETH options expiry looms—puts pile up on bitcoin
🟠 BTC slips toward a 7-week low as rotation talk grows
🏦 OCBC rolls out a $1B tokenized commercial paper program
📱 Webull restores crypto trading for U.S. users
🧩 Binance launches a keyless (MPC) wallet extension
🇬🇧 UK’s stablecoin “wait and see” stance frustrates fintechs

Markets

ETH spot ETFs steal the flow spotlight. U.S. ether ETFs posted roughly $444M in net daily inflows, outpacing bitcoin funds and extending ETH’s momentum even after the weekend shakeout. That mix of steady primary-market demand and rising options activity keeps the ETH-over-BTC rotation narrative alive for allocators watching spreads. (As reported by The Block.)

A derivatives wall arrives Friday. Options tied to BTC and ETH worth about $14.6B expire this week on Deribit, with positioning skewed toward BTC puts—a sign investors are paying up for downside protection after the flash crash. For traders, expiries near key spot levels can amplify volatility into month-end and force delta hedging in both directions. (Coverage from CoinDesk and FXStreet.)

Meanwhile, bitcoin’s bounce is wobbling. BTC probed a seven-week low and briefly dipped below its 100-day moving average as focus pivots to ETH strength and upcoming macro prints. Rotation talk is loud, but risk remains path-dependent with ETF flows and event risk in play. (As outlined by Bloomberg and follow-on reporting in regional financial press.)

Regulation

London drags its feet on stablecoins. UK fintechs say the country is falling behind as ministers and the BoE debate the guardrails for fiat-pegged tokens; some firms even aired grievances in a primetime ad spat. If the UK keeps hesitating while the U.S., EU and Hong Kong codify rules, expect token issuers and crypto capital markets to list elsewhere. (Reported today by The Times.)

Adoption

A bank prints on-chain debt at scale. Singapore’s OCBC launched a $1B digital U.S. commercial paper program, using JPMorgan’s tokenization rails to tap dollar funding—complementing its traditional $25B CP shelf. First issuance hit on Aug 20, and management framed it as a stepping stone for broader asset-tokenization flows. (Per Reuters.)

Retail rails reopen: Webull turned crypto trading back on in the U.S., restoring access after prior pauses. For U.S. retail, more brokerage on-ramps translate into steadier spot liquidity—especially around headlines and ETF rebalancing windows. (According to CoinDesk.)

Tech & Innovation

DeFi scale hits a new watermark. Aave set a fresh all-time high in TVL around $41.1B, with DeFiLlama data showing borrow balances near cycle peaks as on-chain credit expands. Bigger TVL can deepen liquidity and compress spreads, but it also concentrates protocol risk—so watch governance parameters and oracle stability. (Reported by CryptoSlate, citing DeFiLlama.)

Self-custody gets simpler. Binance Wallet introduced a desktop browser extension with keyless (MPC) recovery, multichain support (EVM, Solana, Tron) and phishing alerts. The move lowers setup friction for newcomers and could boost dApp usage if MPC-style UX becomes the norm across wallets. (Binance announcement.)

Perp native volumes keep climbing. Hyperliquid notched another month surpassing Robinhood’s crypto turnover, underscoring how on-chain derivatives are capturing order flow from centralized brokers. For builders, it’s a case study in liquidity bootstrapping via incentives and fast matching. (Covered today by CryptoSlate.)

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That’s a wrap. The Blockchain In Daily drops every day with fresh prices, policy and the tech that ships—so you can trade, build or just stay sharp without doomscrolling. See you on the next block.