Daily Market Wrap | Aug. 28

Hot Topics

• U.S. Commerce Secretary Lutnick plans to publish GDP on a blockchain for transparency, despite data accuracy concerns.
• REX-Osprey filed for a BNB + Staking ETF with the SEC, targeting 80% BNB allocation with 1.5%-3% staking yields, with Anchorage as custodian.
• Bitwise filed for a Chainlink ETF with the SEC, boosting LINK’s price 4.2% to $24.18.

Market Updates

• CME's ether futures market reached a record $10 billion in notional open interest, with large open interest holders hitting a record of 101 early this month.
• Hemi Labs, founded by Jeff Garzik, raised $15M to enhance Bitcoin programmability, backed by YZi Labs and others, with $1.2B in total value locked.