According to BIT market data, pre market cryptocurrency concept stocks in the US stock market generally fell, with CRCL falling 1.06%, MSTR falling 1.15%, MARA falling 1.26%, COIN falling 0.82%, RIOT falling 0.81%, BMNR falling 1.25%, SBET falling 2.25%, and PURR falling 1.03%.

Ethena plans to expand its cryptocurrency spot and perpetual contract arbitrage strategy to the stock perpetual contract market, in order to capture the premium of funding rates. Ethena's current peak cryptocurrency arbitrage allocation exceeds $8 billion, and the theoretical potential open interest size of perpetual stock contracts can reach $4 trillion. As of August 11th, the total open interest of perpetual contracts in the stock market reached 6.2 billion US dollars. The average annualized funding rates for Hyperliquid and Binance were 14% and 17.5%, respectively, while the annualized funding rate for Bitcoin was 4.1% during the same period.

According to data from HM Revenue and Customs, 240 individuals each declared over £ 1 million in cryptocurrency capital gains, totaling £ 717 million, accounting for over half of the total. All 17600 applicants had capital gains of £ 1.38 billion and disposal proceeds of £ 13.8 billion. Taxpayers who declare capital gains below £ 25000 account for 65%, contributing 7% of capital gains and 8% of disposal income. 54% of cryptocurrency taxpayers are aged 25 to 44, with males accounting for 87%. The UK is advancing the OECD Cryptocurrency Reporting Framework, requiring trading service providers to provide customer information, and those who fail to fulfill their obligations face a maximum fine of £ 300 per user. James Murray, the Financial Secretary of the UK Treasury, stated that capital gains from cryptocurrency assets are subject to taxation like other capital gains. The UK Treasury plans to defer capital gains tax on DeFi lending and depositing assets into liquidity pools until the actual disposal of the assets. For tax years 2025 to 2026, capital gains exceeding the tax-free limit must be declared before January 31, 2027. （Decrypt）

Jiang Zhuo'er, founder of Laibit Mining Pool, said that the inflow of ETH ETF funds has reached a new high, with BTC ETF inflow of $242 million and ETH ETF inflow of $234 million. ETH, with a volume equivalent to 18.8% of BTC's total market value, accounts for 96.8% of BTC's inflow funds. Jiang Zhuo'er believes that based on the current inflow of funds, the high-level consolidation trend with continuously rising lows is relatively stable and may break through at any time. If it is not for trading discipline restrictions that prohibit leverage, he also wants to buy more ETH.

HyperliquidNews monitoring shows that the number of open contracts for HIP-3 has decreased by over $1 billion, reaching its lowest level since July 27th.