#CRYPTO MINUTES - 28.08.2025 $BTC ETF Flows - 📊 Net Inflow : $160.70M $ETH ETF Flows - 📊 Net Inflow : $130.00M TOP GAINERS: $ASTER, $BNB, $XMR, $APT, $SOL TOP LOSERS: $MYX, $2Z, $M, $XPL, $PI Crypto laundering mastermind pleads guilty Zhimin Qian (aka Yadi Zhang) admitted guilt in a £5 billion bitcoin fraud scheme in a UK court. (Negative) World’s largest crypto seizure acknowledged The seizure of 61,000 BTC tied to the same fraud was described as the “world’s largest” crypto seizure. (Negative) Central Asia’s first crypto fund launched in Kazakhstan A new regional crypto fund has been initiated, marking growing institutional interest in Central Asia. (Positive) BNB rises as Fed rate cut bets intensify $BNB climbed ~3.5% with tailwinds from interest rate expectations and reduced gas fees. (Slightly Positive) SUI Group Launches Native Stablecoins SUI Group, in partnership with Ethena and the Sui Foundation, announces the launch of suiUSDe and USDi, the first native stablecoins on the Sui blockchain. Global nonprofit RFI to bridge traditional & decentralized finance The Responsible Fintech Institute was launched to facilitate cooperation across DeFi and TradFi sectors. (Neutral to Positive) Matt Hardy’s Instagram used in crypto scam promotion His account was hijacked to promote a fraudulent “WLFI token” scheme to followers. (Negative) Critique of Tom Lee’s bullish ETH thesis Andrew Kang publicly challenged Lee’s bullish outlook for Ethereum, citing weak revenue fundamentals. (Neutral / Slightly Negative) Solana trading volume drops despite a new fundraiser While a project raised over $3 million, overall Solana trading activity has softened. (Neutral to Negative) Altcoin season rotates selectively DeXe, $APT among altcoins seeing gains as market sentiment shifts. (Neutral to Positive) Private markets boom drives data fees sharply up Data vendors are charging 20–40% more for private markets analytics as demand surges. (Negative) Wall Street fears private credit bubble The collapse of First Brands highlights fragility in non-bank lending markets. (Negative) Outflows from active funds hit record levels $450B left active equity funds, fueling the shift toward lower-cost index products. (Negative)