The Daily Flight🦉

• S&P 500 Closes at New All-Time High 

  Stocks gains $15 trillion in 5 months with 36% surge since April bottom

• August CPI Inflation Rises to 2.9% as Expected 

  CPI inflation hits highest level since January as prices continue to rise

• 10-Year Treasury Yield Drops Below 4%  

  10Y Yield falls to April levels as markets price in three rate cuts by year-end

• Retail Investors Sell $700M in US Equities 

  This marks the second weekly outflow in three weeks after 36 weeks of buying

• Tech Stocks Hit Record 37% of US Market Share 

  The weight of tech stocks doubles in five years to exceeds dot-com bubble

• Bitcoin Reclaims $116,000 As Crypto Prices Jump

  Crypto majors see green across the board as Bitcoin looks to return to ATHs

• BlackRock Seeks To Tokenize ETFs & Stocks  

  BlackRock looks to put ETFs, RWAs, & stocks onchain with tokenization plans

• Josh Neuman Joins Moonbirds Team 

  Former Vice exec and 88Rising co-founder leads Moonbirds brand expansion

• PayPal Shows Support For Hyperliquid  

  Payment giant offers to expand Hyperliquid community across PayPal & Venmo

• Forward Industries Closes $1.65B Placement 

  Company secures massive funding with plans to build a Solana treasury

• Avalanche Seeks $1B For Treasury Companies

  The blockchain plans to raise funds to buy discounted AVAX from the foundation

• Bitcoin ETFs See $741.5M Inflows Yesterday 

  Spot Bitcoin ETFs record biggest single day of inflows since mid-July

• DTCC Lists Fidelity Solana And Canary XRP ETFs 

  Two new crypto ETFs have hit the DTCC website with potential approvals soon

• Moonbirds Reveals New Logo & Brand Characters  

  Moonbirds introduce Birb, Pip, & Zen with updates to logo and branding

• Pudgy Party Hits 500K Downloads 

  Pudy Penguin’s mobile game reaches major milestone across app stores

• Coinbase Calls Out The SEC For Destroyed Documents  

  Coinbase chief legal officer reveals SEC deleted texts around crypto legislation

• Sharps Technology Partners With Pudgy Penguins 

  NASDAQ-listed SOL treasury firm announces partnership with Pudgy Penguins

• Moonbirds Announce Randomized Physical Collectibles 

  Moonbirds debut mystery collectibles with 24-hour presale on Solana

• WLFI Proposes Token Burn Mechanism 

  World Liberty Financial votes on using trading fees to buy and burn tokens

• $DOJE ETF Launch Delayed To Friday 

  The first ever memecoin ETF will now begin trading on September 12th

• Meteora Announces $MET TGE in October  

  Meteora reveals future airdrops for LP activity as $MET goes live next month

• HOLO Token Launches With Claims Now Live

  Holoworld AI opens claims with trading now available on Solana & BNB

• Rainbow Partners With KaitoAI 

  Rainbow wallet announces new partnership with KaitoAI for social expansion

• $ASTER Airdrop Checker Goes Live 

  Eligible wallets can now check their allocations for the popular DEX Aster

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