#This Week's Hotline Tracking #This Week's Topics

Overview of Crypto Industry Hotspots on August 13

1. Bitcoin's Market Cap Proportion Drops to 59%, Altcoin Attraction Rises

On-chain analysis platform Glassnode tweeted that Bitcoin (BTC) has seen its share of the overall crypto market cap decrease from 65% to 59%, indicating that the attraction of altcoins is increasing in a market environment with higher risk appetite.

2. Ethereum ETF Net Inflows Exceed $1 Billion

A report from Bitget Research states that as of August 11, net inflows related to Ethereum (ETH) ETFs have surpassed $1 billion for the first time. Among these, BlackRock's ETHA and Fidelity's FETH have achieved inflows of approximately $640 million and $277 million, respectively, becoming the main driving forces.

Other Important Updates

Binance Wallet to Launch Reveel (REVA) Pre-TGE and Booster Activities: Eligible users can subscribe to REVA tokens before they are officially tradable and can participate in the “Booster Program.”

Lido TVL (Total Value Locked) Hits All-Time High: Data from Glassnode shows that Lido's TVL has reached an all-time high, indicating an increase in demand for its staking services.

Binance Futures Platform Launches AIO and XNY Contracts, Supporting Up to 50x Leverage: Binance Futures will launch two new contract products, AIO and XNY, today, allowing users to trade with leverage of up to 50 times.