Daily Crypto News 1️⃣ BTC ETF streak ends U.S. spot Bitcoin ETFs recorded $202M in net outflows on Aug. 28, ending a 9-day, ~$3.04B inflow streak. Meanwhile, ETH ETFs pulled in $102M. 2️⃣ Bitcoin slips below $78K BTC is facing renewed pressure after a hawkish tone from Fed Governor Kevin Warsh, with macro uncertainty weighing on risk assets. 3️⃣ Solana ETF milestone Bitwise's Solana ETF reportedly became the first Solana ETF to surpass $1B in assets under management. 4️⃣ Solana supply cut approved A major Solana governance vote approved a supply reduction that could potentially cut nearly 18.9M SOL over six years, according to CryptoSlate. 5️⃣ SEC proposes new crypto framework The SEC has proposed a tailored “Regulation Crypto Assets” offering regime, including exemptions for certain crypto-asset investment contracts and offerings of up to $5M over four years.
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