On August 18th, SoSoValue data showed that as of the week ending August 14th, the net inflow of US spot Solana ETFs totaled approximately $10.26 million, a nearly 70 fold increase from the previous week's approximately $145000, marking the strongest weekly inflow since May 22nd. The sudden recovery of funds has become the most prominent institutional signal in the SOL market recently. But behind the data is not a comprehensive explosion. Bitwise's BSOL saw a daily inflow of $8.8 million, accounting for approximately 86% of the total inflow for the week; Morgan Stanley's MSOL subsequently received approximately $1.43 million in inflows, with the two funds contributing almost all of the funds. That is to say, the surge in funds this round is more like a concentration of a few institutions adding positions, rather than the overall strengthening of the SOL ETF market. In terms of direct impact, the sustained net inflow of ETFs is expected to improve SOL's institutional funding expectations and provide marginal support for SOL prices; If the subsequent funding continues to expand, it may further strengthen the market's expectation that SOL will become a mainstream institutional asset allocation. Indirectly speaking, if the popularity of SOL funds continues to rise, other altcoin ETFs such as ETH and XRP may also receive attention for fund rotation. However, in the short term, we still need to be wary of the contrast between "70 times high growth and low absolute size": compared to BTC ETFs, the fund size of 10.26 million US dollars is still limited and highly concentrated. For SOL, the real bullish signal is not 70 times in a single week, but whether there will be sustained net inflows and an expansion of funding sources in the coming weeks. If you want to track the real-time flow of SOL funds, changes in trading volume, and market hotspots, you can register OKX through the AiCoin cooperation portal: 👉 https://jump.do/zh-Hans/xlink?checkProxy=true&proxyId=2 Risk Warning: The views, conclusions, and recommendations presented in this article are for reference only and do not constitute investment advice. The market is risky, and investment needs to be cautious.

According to Digital Asset, the South Korean Broadcasting and Communications Commission determined on August 18th that the prediction market platform Polymarket provides channels for illegal gambling and decided to take access blocking measures against it.

[Shanghai First Intermediate People's Court Clarifies Criminal Liability for Telecom Fraud Traffic Drivers, Principal Offender Sentenced to 13 Years] On August 18, the Shanghai First Intermediate People's Court announced a case involving telecom network fraud with virtual currency settlements, clarifying the criteria for determining the complicity of traffic drivers in telecom fraud. The defendant in the case assisted an overseas fraud organization in conducting traffic-driving activities, resulting in victims being defrauded of over 2.34 million yuan. The principal offender was sentenced to 13 years in prison and fined 300,000 yuan. The Shanghai First Intermediate People's Court stated that whether traffic drivers constitute accomplices to fraud or the crime of illegally using information networks depends on whether they formed a criminal intent connection and stable collaborative division of labor with upstream fraud groups. Judicial practice should comprehensively consider the role of traffic drivers in the criminal chain, their profit methods, and abnormal behaviors, distinguishing general network services from conspiratorial fraud activities.

BBX News: BBX has launched the perpetual contract of meme "$Niu Lai" on August 18th at 11:00 (UTC+8), and it is currently open for trading. $Niulai "is a Meme asset formed around the current popular Chinese internet culture narrative. Transaction link: https://dex.bbx.com/en/futures/trade/niulai_usdt Source: bbx.com

Decred announced on the X platform that a security vulnerability has been discovered in the Decred network, and a patch will be released on the evening of August 18th (UTC+8). The official recommendation is for users to pause voting and mining operations before upgrading. The official announcement will be released synchronously after the patch is launched.