Bitcoin’s market share climbed 0.93% to 58.63%, while the Altcoin Index ticked down to 49, a reminder that rotation is still cautious, not explosive.
Stablecoin flows stayed muted. On September 2, the basket recorded $19M net inflows, with $21M into USDT offset by a $34M USDC outflow. The total supply now stands at $244.565B.
The ETF picture told a different story. In August alone, U.S. spot ETH ETFs raked in $3.87B of net inflows, a record high, while BTC spot ETFs shed $751M in the same period. Institutions are loading ETH while trimming BTC: a clear divergence.
Macro and policy
The FedWatch tool pegs the probability of a 25 bps September cut at 89.6%, while Treasury Secretary Bessent reaffirmed the Fed should remain independent, he admitted it has made “many mistakes.”
Meanwhile, incoming Fed nominee Milan could be seated before the September meeting. Gold surged 0.98% to $3,480.65, breaking a new all-time high.
On the geopolitical front, speculation over Trump’s health rattled markets, with insiders warning that sudden instability could reshape global risk pricing.
WLFI: governance and tokenomics in focus
The WLFI team launched a new governance proposal to redirect all protocol-owned liquidity (POL) fees toward buying WLFI on the open market and permanently burning it. Fees from community or third-party LPs would remain untouched.
WLFI also clarified its tokenomics after confusion around initial circulation. Official documents confirm:
-
24.66B WLFI tokens at launch.
-
10B WLFI reserved for ecosystem unlock.
-
7.78B WLFI allocated to Alt5 Sigma (≈8% of supply).
-
2.88B WLFI earmarked for liquidity and marketing.
-
4.00B WLFI distributed to public sale participants, representing 20% of their allocations unlocked at launch.
The debate around WLFI’s real float continues, but the burn proposal may help calm concerns.
How to start trading WLFI
WLFI is the new kid on the block, built to shake up the tokenized finance game. If you want in early, Toobit gives you the simplest way to trade WLFI. Spot, Futures, and the full suite of tools are ready to go.
Industry highlights
BRC20 protocol announced “BRC2.0,” integrating the Ethereum Virtual Machine (EVM). The upgrade, executed by Ordinals developer Best in Slot and BRC20 founder Domo, went live at Bitcoin block height 912,690. It aims to deliver Ethereum-style programmability with Bitcoin-level security.
Bonk teased a major announcement, with speculation pointing to new partnerships and ecosystem tools.
Alpha watch
Holoworld (HOLO) TGE launched September 2 at 16:00 Beijing time, with over-subscription mechanics and a cap of 3 BNB per user. A booster program for users with 61+ Alpha points is distributing 51.2M HOLO tokens.
BRC2.0 is already drawing dev activity. Analysts expect cross-chain composability plays to emerge quickly.
Meme watchers are buzzing about Bonk’s next move, calling it “the big one.”
