Robinhood chose to roll out its global crypto services on Ethereum via Arbitrum rather than Solana. The decision highlights that institutions prioritize ecosystem maturity and security, not just low costs. Solana recently saw a validator-offline incident affecting 29% of staked SOL that was not recorded on its status page, while its H1 2025 revenue was 95% tied to priority fees and Jito tips and its H1 2026 network revenue fell 87% year over year. By contrast, Arbitrum surpassed 10M daily transactions within two weeks of mainnet and launched with tokenized U.S. equities, Uniswap and Chainlink, underscoring the scaling capacity of Ethereum’s L2s.

U.S. spot Bitcoin ETFs posted net inflows totaling $986.8 million over the week. The figures indicate strong demand for Bitcoin investment products. The data cover multiple Bitcoin ETFs listed in the United States and show a notable shift of funds into these funds during the week.

Foreign investors returned to Indian equities in August, with net FPI inflows exceeding $3.2 billion, the strongest monthly inflow since September 2024, led by Consumer Services, Financials and Healthcare. HSBC estimates that if global funds move back to a neutral allocation, as much as $25 billion could flow into India. Supportive factors include Q1 GDP growth of 7.8%, better-than-expected corporate earnings and a stable rupee, which could help sustain foreign inflows.

The US added 162,000 jobs in August, beating market expectations and reinforcing the Federal Reserve’s view that the labor market remains stable. The stronger-than-expected data revived concerns that the Fed could raise interest rates later this month. President Donald Trump again publicly urged the central bank to cut borrowing costs.

GoMining has suffered a security incident in which a hack emptied more than 600 wallets, with total losses of about $2.8 million in crypto assets. The attackers then swapped the stolen funds into ETH and consolidated the holdings. The incident directly threatens the safety of funds held by GOMINING token holders and highlights serious weaknesses in the project’s wallet security. The token’s price could face negative pressure, while the large-scale conversion into ETH may add additional selling pressure to the Ethereum market.

Bitcoin fell below the $80,000 mark, down 3.5% on the day, as strong U.S. employment data reinforced expectations of a September rate hike by the Federal Reserve and pushed the dollar higher. The stronger dollar weighed on risk assets, dragging crypto-related stocks lower. Coinbase fell nearly 4%, while Strategy Inc. and Circle Internet Group each slipped about 2%. Fed Governor Christopher Waller suggested he could support keeping rates steady if inflation continues to cool down.

The U.S. Labor Department’s latest jobs report showed nonfarm payrolls rose by 162,000 in September, far above market expectations. The stronger labor data quickly jolted markets, sharply splitting expectations for the Federal Reserve’s next rate path into a 50/50 balance between rate cuts and keeping rates high. Risk assets broadly came under pressure, and bitcoin slid during the session below the key psychological level of $80,000.

Nebius reported its Q2 results, with an adjusted EBITDA margin of 50% as unit economics improved. The company said higher GPU prices were successfully passed through into contracts, helping protect margins. Deferred and contracted revenue rose sharply, and the backlog reached $40 billion. Nebius also guided to at least 1GW of annual capacity additions through 2027.