
18/08/2025
Post-Weekend Fundamentals
Here’s what’s making headlines in crypto, macro, and geopolitics:
— Spot Bitcoin and Ethereum ETFs recorded $40B in weekly trading volume, their biggest week ever, Bloomberg reports.
—From Aug 11–15, Ethereum spot ETFs logged a record $2.85B in net inflows, a new all-time high.
—Norway’s $1.7T sovereign wealth fund raised its BTC-linked holdings 83% in Q2, mainly via MicroStrategy, now equal to 11,400 BTC.
— July PPI inflation rose to 3.3% (vs 2.5% expected), with core PPI at 3.7% (vs 2.9%). Monthly PPI is now at its hottest since March 2022.
— Grayscale has filed an S-1 to launch a Dogecoin ($DOGE) ETF.
—Japan’s FSA will approve yen-pegged stablecoins this autumn, with fintech JPYC set to register as a money transfer business.
—Thailand will launch “TouristDigiPay” on Aug 18, letting visitors convert crypto into baht for QR code payments under strict KYC/AML rules.
— Emirates, Air Arabia, Travala and Alternative Airlines now accept crypto payments, with Emirates set to launch a Crypto.com-powered service in 2026.
— Estonian banker Rain Lõhmus revealed in 2023 he lost access to 250,000 ETH bought in the 2014 presale. The wallet, untouched since, is now worth over $1.2B at ~$4,700 per ETH.