Headlines

Robinhood Chain daily fees hit record $6 million

Robinhood Chain has set a daily fee record of $6.04 million, lifting its seven-day annualized revenue rate to approximately $1.1 billion as memecoin trading and token launches drive network activity. Summary Robinhood Chain generated $6.04 million in fees and retained $5.44 million in daily revenue. Seven-day revenue reached $20.33 million, equal to an annualized rate…

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Standard Chartered Extends Institutional Bitcoin and Ether Spot Trading to the UAE

The service operates through its DFSA-regulated DIFC arm and complements the bank’s existing digital asset custody and stablecoin services. Standard Chartered extended its deliverable Bitcoin (BTC) and Ether (ETH) spot trading to institutional clients in the United Arab Emirates on September 3, becoming the first Global Systemically Important Bank (G-SIB) to offer the service…

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Goldman, Jane Street Lead the List

Key Takeaways Goldman Sachs led disclosed spot XRP ETF holders with $87.4 million. The top 10 included banks, trading firms, and wealth managers. Investment advisers accounted for $120.9 million of total exposure. Goldman Sachs Leads XRP ETF Holder Rankings Institutional investors held $183.5 million across U.S. spot XRP exchange-traded funds (ETFs) at the end of…

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Robinhood Chain activity is mostly ‘degen flow,’ ARK researcher says

Robinhood Chain has recorded less than 1% of its analyzed transactions through a contract clearly linked to Robinhood Wallet users, according to ARK Invest research director Lorenzo Valente. Summary Less than 1% of analyzed transactions passed through the confirmed Robinhood Wallet swap route. Valente estimated Robinhood-linked activity could reach about 5% after including unidentified contracts….

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