Odaily News According to SoSoValue data, yesterday (August 18, Eastern Time) XRP spot ETFs recorded a total net inflow of $5.8088 million in a single day.

The XRP spot ETF with the highest net inflow yesterday was the Bitwise XRP ETF (XRP), with a single-day net inflow of $2.2372 million, bringing its historical total net inflow to $515 million.

Next was the Grayscale XRP Trust ETF (GXRP), with a single-day net inflow of $1.9408 million, bringing its historical total net inflow to $133 million.

As of press time, the total net asset value of XRP spot ETFs stood at $941 million, with an XRP net asset ratio of 1.50%, and a historical cumulative net inflow reaching $1.518 billion.

Odaily News - The Nikkei 225 index fell for a second consecutive day, with chip-related stocks under pressure, while surging bond yields sparked market concerns, cooling investors' risk appetite for AI trades. At the market open, the Nikkei 225 dropped over 3%, with storage chip maker Kioxia Holdings and fiber optic cable maker Furukawa Electric among the biggest decliners. The Topix index fell as much as 2.8%, dragged down by electronics and banking stocks.

A chief strategist at Daiwa Asset Management said: "Rising yields will push up borrowing costs for hyperscale cloud service providers, raising questions about capital expenditure prospects and potentially affecting infrastructure companies that have benefited from the AI investment boom." On Tuesday, Japan's 10-year government bond yield rose to its highest level since 1996, amid market speculation that the Bank of Japan may hike rates as soon as next month. Meanwhile, the 10-year U.S. Treasury yield also sits near its highest level since early 2025. (Jin Shi)

Odaily Planet Daily News The Kobeissi Letter stated on the X platform that hedge funds bought U.S. stocks every trading day last week, marking the second-largest single-week buying scale in the past 12 months. Individual stocks accounted for approximately 70% of total purchases, primarily driven by long stock buying, with short covering having a smaller impact. The information technology and communication services sectors saw the strongest demand, with 8 of 11 industry sectors recording net buying.

Additionally, macro products such as index futures and ETFs accounted for about 30% of total demand, while short positions in U.S.-listed ETFs decreased for the sixth consecutive week. Hedge funds are doubling down on U.S. stocks.

Odaily News, Google has agreed to purchase the corporate data of bankrupt Spirit Airlines for $10 million to improve its products and AI models. The relevant data includes internal emails, Microsoft Teams messages, spreadsheets, calendars, booking and frequent flyer records, as well as marketing, operations, and human resources information. Google stated that it has already removed personally identifiable information before obtaining the data and will not acquire personal information through this deal.

Spirit Airlines ceased operations in May this year and is currently selling its remaining assets through bankruptcy proceedings. Additionally, the transaction still requires approval from the U.S. bankruptcy court, with a hearing scheduled for Wednesday. (Decrypt)

Odaily News: According to Gate data, the Nikkei 225 index has plunged 3% intraday, now at 65,422.31 points. Japan's Kioxia shares have dropped nearly 8%.

According to Odaily, OpenAI CEO Sam Altman stated on X that OpenAI has paused reinforcement learning (RL) training on some cutting-edge models to ensure that its alignment, safety, and monitoring measures can keep pace with the latest surge in model capabilities. Altman noted that model progress is currently "extremely rapid," and if the speed of capability development outpaces safety and alignment efforts, OpenAI will take action.

Altman said that the pace of future AI development will increasingly depend on confidence in model safety, and the entire industry will ultimately need to coordinate around common safety standards. Until then, OpenAI will take the lead in implementing measures.

Odaily reported that GSR Chief Legal and Strategy Officer Joshua Riezman shared his views on X regarding the U.S. SEC's latest proposed regulatory framework for crypto assets, stating that the proposal may not achieve what many market participants currently understand. Without amendments to relevant U.S. laws, the regulatory exemptions provided by the SEC under existing securities laws remain limited.

He noted that clearer regulatory rules are positive for the crypto industry, but the market structure addressed by the proposal differs significantly from the previous crypto market cycle. The industry needs to further understand what form the new framework will ultimately guide the U.S. crypto market toward.

Odaily News, Robinhood CEO Vlad Tenev posted on X platform stating that the world is in the early stages of a "tokenization supercycle." The significance of tokenization is not simply moving stocks onto the blockchain, but rather rebuilding the infrastructure for asset ownership, enabling assets to flow as freely as information on the internet.

Tenev stated that within just over a month of its launch, Robinhood Chain has completed 100 million transactions. Its Stock Tokens have provided users in over 120 countries with economic exposure to more than 190 U.S. stocks, backed 1:1 by the underlying shares, but are not yet available to U.S. users. He believes that as the regulatory framework gradually matures, we expect token design to continue evolving, including the emergence of tokenized equity that carries the full rights of traditional stocks in the future.

At the end of his post, he urged the U.S. regulatory framework to accelerate its adaptation to the tokenized market and stated that listed stocks are just the starting point. Assets with more restricted liquidity and access, such as equity in private companies, could become an important direction in the next phase.

Odaily News: OpenAI told investors that its second-quarter revenue grew 18% from the first quarter, but losses widened further—a result that disappointed some shareholders who had hoped the startup would make more progress in catching up with rival Anthropic. According to people familiar with the matter, the company generated $6.7 billion in revenue in the three months ending June 30, compared with $5.7 billion in the first quarter. Meanwhile, its operating margin slipped further, making the prospect of profitability before its highly anticipated IPO increasingly remote. (The Wall Street Journal)

Odaily News: Korea Exchange triggers KOSPI sidecar mechanism, suspending programmatic sell orders for 5 minutes.

Odaily News: According to Gate data, Korea's KOSPI index widened its intraday decline to 6%, currently at 6,454.44 points.

Odaily News: According to Gate data, South Korea's KOSPI index plunged 5% at the market open.