Crypto World
Bitwise launches Coinbase-powered tokenized stock portfolios
Bitwise has launched three automated portfolios of Coinbase tokenized stocks for eligible non-U.S. investors, combining self-custody and automatic rebalancing for a 0.15% methodology fee.
Summary
- Bitwise’s first portfolios cover the Magnificent 7 plus SpaceX, robotics companies and artificial intelligence leaders.
- Glider automatically adjusts users’ wallet holdings to match model weights published by Bitwise.
- Investors retain the tokenized stocks in non-custodial wallets instead of transferring them into a pooled fund.
- U.S. persons cannot access the portfolios, and the SEC has not approved or endorsed them.
Bitwise tokenized stock portfolios begin with three themes
Bitwise said in an Aug. 25 announcement that its Automated Token Portfolios, known as ATPs, will let eligible users copy professionally designed stock models inside their own wallets.
Built by Bitwise Investment Manager, the rules-based models use Coinbase’s recently launched tokenized U.S. stocks. Glider, an independent platform, handles purchases and rebalancing after a user authorizes its session credentials.
The first three portfolios will become available through Glider over the coming weeks. Bitwise set a 0.15% methodology access fee, which does not include trading costs or separate platform charges collected by Glider.
One option, the Bitwise Mag7X ATP, gives equal weight to Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta and Tesla, alongside privately held SpaceX. The Bitwise Robotics ATP will hold equal-weighted positions in companies involved in robotics and autonomous systems, including Tesla, Nvidia and Amazon.
For artificial intelligence exposure, the Bitwise AI Leaders ATP will include Nvidia, Microsoft, Alphabet, Meta, Amazon, SpaceX, Tesla and Sandisk. Bitwise identified the companies as leaders in developing or supporting AI products and infrastructure.
Unlike a conventional fund, each ATP publishes a target allocation rather than pooling capital under the asset manager’s control. Glider then executes the required transactions and adjusts the wallet when its holdings move away from Bitwise’s stated weights.
Self-custody replaces the pooled-fund structure
Under the arrangement, investors keep the tokenized shares in non-custodial wallets throughout the process. Bitwise does not hold the assets, initiate trades, or exercise discretion over an individual user’s account.
“For over a century, getting a professional model meant handing your assets to a fund. ATPs mean you can keep the assets in your own wallet, and the model comes to you,” Bitwise Chief Investment Officer Matt Hougan said.
Hougan added that the structure gives users direct ownership of the tokens while applying portfolio models normally offered through managed products. According to Bitwise, participants do not enter an advisory, fiduciary or contractual relationship with the company by selecting an ATP.
Because the stocks remain in compatible wallets, investors may be able to use them as collateral or deploy them through decentralized finance protocols. Bitwise cautioned that lending or borrowing against the tokens carries additional risks, including full liquidation of a position.
Glider co-founder and CEO Brian Huang said the product gives international users access to models designed by established investment managers through onchain infrastructure.
“Finally, we have global access to the same institutional managers we respect in traditional finance, but now in digital assets,” Huang said, adding that blockchain-based delivery offers functions unavailable through conventional brokerage accounts.
Coinbase stock tokens provide the underlying assets
Coinbase’s stock tokens operate on Base and represent beneficial interests in shares held through a segregated custody structure. As crypto.news reported on Aug. 25, the initial public rollout covered Apple, Nvidia, Meta and Alphabet under the B20 token standard.
Coinbase Onchain SPV Ltd., an entity incorporated in the Abu Dhabi Global Market, issues the securities. For each token issued, the special-purpose company initially holds one corresponding share through a segregated account, according to the product prospectuses.
Alpaca Securities, a U.S. broker-dealer registered with the Securities and Exchange Commission and a member of FINRA and SIPC, buys, sells and holds the underlying shares. Coinbase represents that the tokens are backed one-to-one and carry shareholder rights, subject to eligibility checks and the terms of the ADGM-approved prospectuses.
Bitwise said it has not independently verified Coinbase’s statements concerning the assets’ backing, shareholder rights or redemption terms. The manager also does not issue the stock tokens used by the ATPs.
Certain verified tokenholders may submit voting instructions to the Coinbase issuer, although the prospectuses state that voting remains subject to legal, timing and operational limits. Distributions may also face fees and tax deductions before their value is reinvested into additional tokens.
U.S. investors remain excluded from Bitwise ATPs
Despite tracking companies listed in U.S. markets, the ATPs and their underlying Coinbase securities are available only to eligible non-U.S. persons in supported jurisdictions. Bitwise defines the restriction by reference to Regulation S under the Securities Act of 1933.
The company said the products have not been registered for sale to U.S. persons. Bitwise’s registration as a U.S. investment adviser applies to its separate advisory business and does not mean the SEC has reviewed, approved or endorsed the ATP models.
Coinbase’s stock-token prospectuses also state that the securities have not been registered under the Securities Act or state securities laws. For non-U.S. holders, dividends are generally subject to a 30% U.S. withholding rate unless an applicable tax treaty reduces it, while the issuer charges a distribution fee equal to 5% of the gross payment before withholding and reinvestment.
The restrictions contrast with Dinari’s August U.S. rollout, which gave eligible American users access to tokenized S&P 500 shares through self-custody wallets. Dinari said its dShares are backed one-to-one by securities held in regulated custody and provide rights tied to dividends, voting and corporate actions.
Regulatory treatment in the United States remains under review. In June, reports indicated that the SEC was considering an exemption for tokenized stocks that could allow firms to test blockchain-based securities products under modified requirements, though no exemption covers the Bitwise portfolios announced on Aug. 25.
Bitwise adds ATPs to its onchain product lineup
The launch follows several additions to Bitwise’s onchain and model-portfolio business during 2026. In January, the company introduced its first Morpho vault, a non-custodial USDC lending strategy targeting annual returns of up to 6%, depending on market conditions.
Bitwise expanded its model-portfolio service for financial advisers in February with seven professionally constructed crypto allocations supported by systematic monitoring and rebalancing. During the summer, the company made its crypto models available to retail users through Parrot’s investment platform.
Earlier in August, Bitwise also partnered with Superstate on a separate plan to record ownership of selected Bitwise fund shares on a blockchain. The companies identified the Bitwise Solana Staking ETF as the first fund under consideration, although Bitwise said there was no assurance that tokenized shares of the ETF would launch.
Crypto World
Lawyers for Tate brothers say crypto wealth is exaggerated
Lawyers for Andrew and Tristan Tate claim the pair exaggerated their “uberwealthy” status, and have assured prosecutors that their stories of “unrestricted access to traditional funds, cryptocurrency, and BTC,” and supposed ownership of luxury assets, were nothing more than “grandiose claims.”
The brothers’ apparently inflated fortunes were revealed in legal filings submitted by their legal team as they attempt to bail them and prove they aren’t a flight risk.
Specifically, the filings state that an Aston Martin and a Bugatti Veyron that appear on the Tates’ socials were rented, while they were paid to promote the yachts they feature.
Read more: Andrew Tate may recover 21 seized bitcoin now worth 88% more
The pair allegedly lied about their wealth to help promote the numerous money-making courses that provided the bulk of their income.
“In short, they are playing a role,” the lawyers claim.
Lawyers argue US gov has to prove their riches
Tate’s lawyers say the US government can’t prove their grandiose claims of wealth are legitimate, and so the two aren’t actually a flight risk.
The brothers were arrested on July 18 and are currently fighting extradition to the UK.
Read more: Andrew Tate liquidated again amid fresh trafficking charges
The BBC reports that they face 59 potential charges, including rape, trafficking, assault, and charges relating to child sex-abuse images and extreme pornography. The Tates deny the charges.
Prosecutors think Tate will flee if he’s bailed
Prosecutors argue the brothers represent a potential flight risk due to their claims of being able to evade authorities by hiding their identities.
They claim the pair “have significant resources available to them, both in terms of money and in social media networks,” and that they often intimidate vulnerable complainants.
Is Tate actually rich in crypto?
Court filings in Romania suggest that Andrew Tate might own 21 BTC, which would be worth $1.6 million, after he successfully applied in 2024 for its seizure to be reassessed.
He previously claimed he made $85 million trading crypto, but this was heavily doubted online.
The self-proclaimed misogynist also promoted various memecoins that have plummeted in value, most likely receiving thousands in commissions for doing so.
There’s also been a long-running record of Tate racking up losses of almost $890,000 in losses on perpetual futures exchange Hyperliquid.
He also launched his own DADDY memecoin in 2024. It pumped 8% in the last hour, but is still 94% down from its all-time high two years ago.
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Crypto World
USD1 Expands to Canton for Institutional RWA Settlement
World Liberty Financial has launched its USD1 stablecoin natively on the Canton Network, allowing institutions to use it to settle transactions involving tokenized real-world assets.
The stablecoin can be used as the cash leg for transactions including derivatives collateral, institutional lending, asset issuance and redemptions, according to a Tuesday announcement.
Native issuance allows USD1 to settle alongside tokenized assets in the same transaction while using Canton’s privacy and permissioning controls.
USD1 has a market capitalization of about $4.05 billion, making it the sixth-largest stablecoin, according to DeFiLlama data. The stablecoin is issued by BitGo Bank & Trust, which manages its reserves and processes mints and redemptions, according to World Liberty.
World Liberty Financial is a Trump family-backed crypto venture launched in 2024. USD1 debuted in March 2025 and is backed by reserves including short-term US Treasurys, government money market funds and dollar deposits, according to the company.
Canton, a public, permissionless blockchain designed for institutional finance, says it processes and issues more than $9 trillion in tokenized assets each month, with more than $350 billion in onchain US Treasurys moving across the network daily.
The integration follows another Canton expansion announced last week, when Digital Asset and former US House Speaker Paul Ryan’s American Idea Foundation unveiled plans to pilot a Canton-based system for distributing state-administered benefits across three US states beginning in 2027.
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Crypto World
Term Finance Permanently Shuts Meta Vaults After Exploit PeckShield Estimated at $8.5 Million

Term Labs said all Term Meta Vaults have been shut down and DAO governance roles revoked after a governance exploit hit the vault product, while withdrawals remain open. In an Aug. 23 update, Term said the shutdown is irreversible and permanently prevents further deposits. The update did not… Read the full story at The Defiant
Crypto World
DOGE Whales Quietly Dumped 280M Tokens While ETF Inflows Cooled: Is Rally Losing Its Real Buyers?
Whales are quietly stepping back right as retail gets excited again. Dogecoin (DOGE) has bounced 3.02% over the last 24 hours to $0.090, a level analysts have flagged as decisive. Can DOGE price push through, or does this stall into another leg down? The signals beneath the bounce suggest the answer might not be what the bulls want.
Spot Dogecoin ETFs pulled in a modest $146,020 inflow Monday, down sharply from the prior week’s $653,420. Institutional interest is present but cooling.

Whale behavior is even less encouraging. Wallets holding between 1 million and 100 million DOGE have shed a combined 280 million tokens since Friday. That is whales quietly de-risking into strength, not a vote of confidence after last week’s 34% rally.
Broader crypto sentiment remains choppy, with Bitcoin’s own price action still setting the tone for beta plays like DOGE. Macro liquidity conditions add another layer that traders should not ignore this week.
Discover: The Best Crypto to Diversify Your Portfolio
Can Dogecoin Price Hit $0.10 This Week?
The chart says bullish. The positioning data says caution.
DOGE at $0.090 sits above both its 50-day EMA near $0.076 and 100-day EMA near $0.081, a structurally bullish setup on paper. The reclaimed downtrend line near $0.070 now acts as support, with immediate protection sitting at the $0.088 horizontal level.
Momentum tells a different story. RSI reads near 77, deep overbought territory, while the long-to-short ratio sits at 0.93, close to a one-month low. Traders are positioning for a pullback even as the price holds up.
A clean break above $0.094, with sustained ETF inflows, could trigger a run toward $0.10 to $0.104. Consolidation between $0.088 and $0.094, as overbought conditions cool off, is the base case. A break below $0.088 exposes the 100-day EMA near $0.081, then $0.076.
Discover: The Best Token Presales
Maxi Doge Targets Early Mover Upside as Dogecoin Tests Key Levels
DOGE holders riding last week’s 34% rally have reason to feel good, but at a market cap in the billions, a repeat of that move gets harder every time.
Whale distribution and a sub-1 long-short ratio suggest the easy gains here may already be priced in. That’s pushing more traders toward earlier-stage plays where upside isn’t capped by nine-figure liquidity.
Maxi Doge (MAXI) is one of those plays, an Ethereum-based meme token built around gym-bro trading culture and “1000x leverage” energy, literally personified as a 240-lb canine mascot.
The presale has raised $4,848,993.00 so far, with tokens priced at $0.0002835 and dynamic APY staking live for holders. Standout features include holder-only trading competitions with leaderboard rewards and a Maxi Fund treasury earmarked for liquidity and partnerships.
Get Ahead of Next Meme Coin Launch Here
The post DOGE Whales Quietly Dumped 280M Tokens While ETF Inflows Cooled: Is Rally Losing Its Real Buyers? appeared first on Cryptonews.
Crypto World
Martin Shkreli’s newest memecoins are already down 94%
Less than 24 hours after joining Pump Fun, the two memecoins tied most closely to Martin Shkreli are down 94%.
On Monday, Shkreli drew over 700,000 views on his announcement that he would join the Solana memecoin launchpad and start livestreaming his trades.
Elated, PumpFun’s official account welcomed him, claiming he already had a 6,263% gain and $1.6 million in his wallet within one day.
At time of writing, CITRINI, which he created, and MARTIN, a namesake coin that topped Shkreli’s trading history before his CITRINI transactions, have each crashed at least 94% since their highs yesterday.
Traders have been paying particular attention to Shkreli recently after he made headlines talking about a short-sale of Moderna earlier this month.
Unfortunately, the pharmaceutical maker skyrocketed higher on positive FDA Phase 3 results shortly after he “was playing around shorting this thing at 80 bucks.”
Moderna currently trades precisely 100% higher than Shkreli’s $80 per share.

MARTIN, CITRINI, DJT, and MSI
A downward-sloping chart is a familiar shape for Shkreli.
Another Solana memecoin tied to him in 2024, DJT, also collapsed after a wallet dumped tokens on buyers.
An Ethereum token linked to him in 2022, MSI, performed even worse. His pattern of losses exceeding 90% for his followers keeps repeating.
Shkreli launched CITRINI live on air. Several viewers described it as a joke, even though it lost people real money.
Yesterday and today, he has spent hours livestreaming trades to tens of thousands of cumulative viewers via X and his PumpFun profile.
The buyers on the other side of those trades were mostly anonymous wallets trying to ride the momentary pump on his endorsements.
The MARTIN memecoin peaked at $0.0031 on Monday, the same day it launched. It then fell to $0.00016 by Tuesday morning. Its market capitalization has fallen to roughly $150,000.
CITRINI has followed the same path. It has traded from $0.0031 to $0.000087, a decline of 97%.
Martin Shkreli’s followers keep losing money
In a reply thread under Shkreli’s join announcement, a user posted a screenshot showing a 95% loss, accusing Shkreli of endorsing a scam.
Shkreli’s responses to complaints on social media follow his typical, cagey communication style, often single words, symbols, quips, or questions that admit nothing.
A follower complained about losses in his replies. With no remorse, he simply asked a rhetorical question, “How are you down 97%?”
As countless followers lose money on Shkreli-themed memecoins, almost every response from Shkreli carries an element of plausible deniability.
Read more: No one surprised as DJT token has finally rugged
A pattern of losses
CITRINI was not the first collapsed token that Shkreli created. In July 2022, he launched Martin Shkreli Inu (MSI), which hit an all-time high near $0.0000343.
On August 12 that year, a wallet linked to Shkreli dumped more than 160 billion MSI tokens in a session. The price crashed more than 90% in a day, according to Bloomberg.
In his own defense, Shkreli told Futurism that he was a hack victim, not the seller. Regardless, MSI now trades more than 95% below that peak.
Two years later, in June 2024, Shkreli surfaced as the figure behind another memecoin, DJT. That Solana memecoin surged on rumors that Barron Trump was involved, even though the son of the president never publicly joined the project.
On August 6, 2024, a wallet tied to the deployer dumped roughly $2 million in DJT. That erased the bulk of its $55 million market cap within minutes, a crash Protos covered at the time.
DJT now trades below $0.000033, down more than 98% from its all-time high.
Got a tip? Send us an email securely via Protos Leaks. For more informed news and investigations, follow us on X, Bluesky, and Google News, or subscribe to our YouTube channel.
Crypto World
Solana (SOL) Climbs to a 6-Month High: The Start of a Mega Rally or a Bull Trap?
The cryptocurrency market continues its impressive performance, with Solana (SOL) being among the biggest gainers today (August 25).
The asset finally reclaimed the $100 psychological level, and now many analysts believe the path is clear for a much more substantial surge. At the same time, certain indicators suggest that a short-term pullback may also be on the way.
Major Uptrend Incoming?
SOL has rocketed by roughly 32% over the past week and hovers around $100: something last observed in February this year. Its market capitalization has increased to nearly $60 billion, solidifying the token’s position as the seventh-largest in the crypto sector.
The most obvious catalyst for the ascent is the broader market boom following the US monetary policy changes announced by the Treasury Department. As a result, Bitcoin (BTC) briefly surpassed $81,000, while Ethereum (ETH) exceeded $2,500.
For Solana, there seems to be another factor: rising institutional interest. Spot SOL ETFs have recently attracted significant capital, signaling that conservative investors have renewed their appetite for the asset. Inflows into such products over the past 24 hours have soared past $33 million, marking the strongest day since mid-December 2025.

As expected, the green wave has sparked huge enthusiasm among traders and analysts, with optimistic forecasts flooding X. Ivan on Tech claimed that SOL has flipped bullish for the first time since Q4 and expects a rise to $300 and above. For his part, David Gokhshtein said he wouldn’t be surprised if the asset’s valuation rises to as high as $800.
Einstein is also generally positive on SOL, anticipating a short-term pump to $150 if $88 holds as support. The analyst is extremely bullish for the long run, predicting an eventual explosion to $1,000.
The Worrying Signals
Despite the positive sentiment, traders and investors should closely monitor two key factors that suggest a correction might be on the horizon.
The first is SOL’s Relative Strength Index (RSI), which has risen to 70. This means the asset has entered overbought territory, which could be a precursor to a move south. The ratio ranges from 0 to 100, where anything below 30 is considered a buying opportunity.

Next on the list is Solana’s recent exchange netflow. According to CoinGlass, inflows have far outpaced outflows over the past several days, suggesting that many investors have shifted from self-custody to centralized platforms. This, in turn, increased immediate selling pressure.

The post Solana (SOL) Climbs to a 6-Month High: The Start of a Mega Rally or a Bull Trap? appeared first on CryptoPotato.
Crypto World
Ripple Price Analysis: Has XRP Run Out of Steam After the $1.70 Rejection?
XRP has staged a sharp recovery from the $1.00 area, breaking above its long-standing descending structures on both the USD and BTC charts. However, the rally has now reached major resistance, making the current levels critical for the next directional move.
Ripple Price Analysis: The USDT Pair
The asset broke above its broad descending channel after finding support around $1.00. It has since reclaimed the 100-day and 200-day moving averages, located around $1.2 and $1.3, respectively. The move above $1.3 has turned both of these former resistance elements into near-term support.
The rally is now testing the critical $1.50 resistance zone, where the price has started to consolidate. A daily breakout above $1.50 could open the door toward the $1.80-$1.90 area. Conversely, a rejection followed by a move below $1.30 would weaken the breakout structure and raise the risk of a deeper correction, and even potentially back toward the $1 area.
The RSI has also surged above 70 and still remains extremely elevated in the overbought region. This highlights strong momentum but also leaves room for a short-term cooldown, which could lead to a retest of the 200-day moving average.
The BTC Pair
On the XRP/BTC daily chart, it is evident that the price has attempted to break out of its broad descending channel after bottoming near 1,500 sats. However, unlike the USDT pair, the breakout has so far failed. The pair briefly pushed above the channel’s upper boundary before printing a large rejection wick, signaling that sellers remain active around this resistance.
XRP/BTC is now retracing toward the previously broken 200-day moving average, which is being tested as potential support. The reaction around this moving average could be important for the next move. If XRP/BTC manages to hold above it and establishes the former breakout area as support, another attempt at the 2,000 sats resistance zone could follow.
A successful break above 2,000 sats would strengthen the relative-strength outlook, while a decisive loss of the 200-day moving average would suggest that the recent breakout attempt was a false move and could expose the pair to further downside. The RSI has also pulled back after briefly moving above 70, reflecting the loss of momentum following the failed breakout, and indicating that a further consolidation or correction could materialize in the coming weeks.
The post Ripple Price Analysis: Has XRP Run Out of Steam After the $1.70 Rejection? appeared first on CryptoPotato.
Crypto World
Fastest Bitcoin Bull Flip in a Year Has One $83,000 Problem, Analyst Says
Bitcoin (BTC) has flipped into a new bull market regime, according to CryptoQuant, after its Bull Score surged from 30 to 80 in a single week. The firm calls it the fastest reversal in a year.
One hurdle remains before the shift becomes official. Bitcoin must close above its 365-day moving average, which sits near $83,000 today.
Follow us on X to get the latest news as it happens
A 24% Rally Rebuilds the Bitcoin Bull Market Case
Bitcoin has climbed 24% since Monday, August 17, touching an intraday peak of $81,272 on Binance. That marks its highest level since May 15, 2026. At press time, BTC traded near $79,224, up 1.9% over 24 hours, according to BeInCrypto market data.
Two macro catalysts drove the move. The US Treasury said it will double long-term bond buybacks to at least $4 billion per operation from September 9. Markets also rallied after Trump’s Bitcoin purchase hint suggested Washington may buy BTC directly.
CryptoQuant’s Bull Score, a composite of 10 on-chain and market metrics, now reads its most bullish since October 6, 2025, when Bitcoin traded at $124,000. Eight of the 10 inputs currently flash green.
Demand data supports the shift. Apparent spot demand is growing at its fastest monthly pace since late December. Spot and futures demand are also expanding together for the first time since early October 2025. BeInCrypto recently examined similar crypto demand signals that had yet to confirm
“Market regime has switched to Bull for Bitcoin. Basically all metrics are pointing to the initial phase of a new bull market… Bitcoin’s price still has to cross above its 365-day MA ($83K today) for the bull market to be ‘officially’ confirmed,” Julio Moreno, head of research at CryptoQuant, added, suggesting that the data looks constructive but incomplete.
Overheating Signals Cloud the $83,000 Confirmation Test
The same report warns that the market looks stretched in the short term. Trader unrealized profit margins spiked to 20.5%, the highest since June 2025.
Meanwhile, whales realized a record $614 million in profits on August 20. Exchange inflows for BTC, Ethereum (ETH), and XRP have also jumped, a pattern that often precedes selling pressure.
Broader risk appetite also leans bullish, with asset managers holding nearly $375 billion in long S&P 500 futures, close to record highs. Their emerging and developed market exposure also sits at or near records.
The rally follows Bitcoin’s strongest weekly close since 2024. Confirmation now depends on a decisive close above $83,000. The other question is whether rising exchange inflows deliver the correction Moreno flagged.
The post Fastest Bitcoin Bull Flip in a Year Has One $83,000 Problem, Analyst Says appeared first on BeInCrypto.
Crypto World
Solana transactions hit record 4.2B as SOL rallies 40%

Tokenized real-world assets on Solana are nearing $4 billion as network activity accelerates alongside a broader recovery in crypto markets.
Crypto World
South Korea trade giant POSCO brings trade receivables to Avalanche in latest tokenization move

The $22 billion trading company worked with Olea and Intain on the transaction, following an Injective pilot with LG CNS last month.
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