Key Developments for the Afternoon of August 10

7:00-12:00 Keywords: Grayscale, Spot Bitcoin ETF, Leverage

1. Today's Fear and Greed Index is 40;

2. The US Spot Bitcoin ETF saw a net outflow of $89.8 million yesterday;

3. ZhuSu: The sentiment in the crypto market is similar to that of 2019 in many ways;

4. Grayscale holdings update: The market cap of the Spot Ethereum ETF (ETHE) is approaching $5 billion;

5. QCP Capital: High volatility has cleared market leverage, and BTC may reach an all-time high in Q4;

6. Opinion: Crypto venture capital is slowing down investment pace, holding BTC/ETH can yield considerable returns, and the lack of new narratives is a key reason.