BTC and ETH spot ETFs inflows of $2.62 billion over the week.| WEEX TradFi Daily (August 24, 2026)

Opening Summary

1. SanDisk rallied on strong AI data-center demand and long-term customer contracts, while SpaceX-related SPCX also performed strongly.
2. Silver and platinum held near elevated levels, supported by lower yields and a softer dollar.
3. Bitcoin climbed toward $75,000, extending gains across crypto-linked equities as spot ETF inflows remained supportive.
4. Markets are focused on Pinduoduo’s pre-market earnings and the impact of the rate path on technology and small-cap stocks.

1、Crypto Highlights

1）Bitcoin and Ethereum Firm as Spot ETF Inflows Reach Approximately $2.62 Billion

Bitcoin approached $80,000 last week before holding at elevated levels, while Ethereum reclaimed the $2,400 level. Combined net inflows into spot Bitcoin and Ethereum ETFs reached approximately $2.62 billion, marking the strongest weekly performance of 2026. Bitcoin ETFs accounted for around $1.92 billion, while Ethereum ETFs attracted approximately $697 million.

Continued capital inflows, together with improving macro and policy expectations, drove a clear recovery in crypto-asset prices and trading volumes. Markets will now monitor whether ETF inflows remain durable and how changes in interest-rate expectations affect crypto risk appetite.

Watchlist: BTC, ETH
Spot: BTC / ETH
Futures: BTC / ETH

2）Layer-2 Sector Leads Gains as POL, IMX and ARB Outperform

The Layer-2 sector led the broader crypto market, with POL, IMX, and ARB among the strongest performers. Higher ecosystem activity and continued capital inflows supported a recovery in sector valuations, while recent strength in ETH further improved expectations for scaling solutions and application deployment.Investors will continue to monitor on-chain activity, ecosystem growth, and capital flows across Layer-2 networks. If ETH remains firm, scaling and application-focused tokens may continue to attract thematic capital.

Watchlist: POL, IMX, ARB
Spot: POL / IMX / ARB
Futures: POL / IMX / ARB

3）Cat-Themed Meme Sector Gains Momentum, with POPCAT Among the Leaders

The launch of new cat-themed meme tokens such as SOLCAT, BASECAT, and BNBCAT has lifted activity across the segment. Established tokens including WEN, MIGGLES, POPCAT, and TOSHI also posted notable gains as capital returned to higher-volatility thematic assets.The sustainability of this segment depends largely on trading activity, community engagement, on-chain volume, and follow-up catalysts from new token launches.

Watchlist: BASECAT, BNBCAT, POPCAT
Spot: BASECAT / BNBCAT / POPCAT
Futures: POPCAT

2、Equity Highlights

1）Silver and Platinum Hold Elevated Levels as Yields and the Dollar Weaken

Silver and platinum remained near elevated levels after strong gains last week. The move was supported by lower yields following expanded long-bond buybacks, a softer dollar, and a combination of industrial and safe-haven demand. Higher precious-metal prices have increased the relative appeal of non-yielding assets.Markets are now watching how upcoming macroeconomic data affects real yields and the dollar, while also assessing whether industrial demand can continue to support silver and platinum.

Watchlist: SLV, XAG, XPT
Spot: SLVON / SILVER(XAG) / PLATINUM(XPT)
Futures: SLV / XAG / XPT

2）SanDisk (SNDK) on Sustained AI Storage Demand

SanDisk (SNDK) supported by robust NAND flash demand from AI data centers. Previously announced long-term customer contracts, together with expectations for strong gross margins and improving supply-demand conditions, further increased earnings visibility.The move was also supported by tight supply-demand conditions and analyst target-price upgrades. Despite the significant advance, investors remain focused on shipment realization, the sustainability of storage pricing, capacity additions, and the rollout of next-generation technology.

Watchlist: SNDK
Spot: SNDKB
Futures: SNDK

3）SpaceX (SPCX) on Commercial Space and AI Contract Momentum

SpaceX (SPCX) supported by the long-term commercial-space growth thesis, progress on AI-related compute contracts, and analyst target-price upgrades.The move reflects a renewed reassessment of SpaceX’s execution capability and revenue diversification potential. Investors are now focused on launch cadence, monetization of Starlink and other businesses, and the potential impact of lock-up share flows on market supply.

Watchlist: SPCX
Spot: SPCXB
Futures: SPCX

3、Today’s Preview

Pinduoduo (PDD) is scheduled to report earnings before the market opens on August 24 U.S. Eastern Time. As a leading Chinese e-commerce platform, its quarterly results will provide an important read-through on domestic consumption conditions and the overseas growth momentum of Temu.Investors will focus on revenue and profit growth, activity across domestic e-commerce platforms, Temu’s overseas contribution, and changes in the expense ratio. Particular attention will be paid to whether Temu’s growth remains sustainable and whether overall profit quality remains stable.

Watchlist: PDD
Spot: PDDON
Futures: PDD

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