CATHIE WOOD SHRUGS OFF FED RATE-HIKE FEARS ARK Invest CEO Cathie Wood says higher interest rates won’t derail the technology boom, arguing rapid innovation will drive stronger economic growth. Wood expects the current tech revolution to reduce inflation while pushing global growth above its historical 2–3% range. Her comments come as semiconductor stocks cool after helping push the Nasdaq to a record high.

ZEROBASE WEEKLY 8.24-8.30 ZBT traded in a relatively tight $0.075–$0.082 band through most of the week before a late bounce toward $0.083–$0.086 on August 30. Crypto market capitalization held in a $2.62T–$2.78T range after the prior week’s sharp expansion, settling near $2.63T–$2.70T by the weekend. The week was a classic digest-and-test sequence: residual bid from the prior 22% Bitcoin surge, a probe of resistance above $81,000, then a hawkish-policy fade. Bitcoin opened the week near $77,700 on August 24, advanced through $80,000, and printed a three-month high around $81,300–$81,455 on August 25–28 before reversing. The Friday close near $77,840 reflected a roughly 3% session drop after Fed Chair Kevin Warsh’s Jackson Hole remarks. By Sunday, Bitcoin had recovered into the $78,200–$78,800 zone, leaving the week modestly higher from Monday’s open but well off the highs. Ethereum moved in parallel, starting near $2,460, tagging the mid-$2,500s, sliding toward $2,420–$2,440 on August 28, and finishing near $2,450–$2,480. Derivatives confirmed the late-week de-risking. Friday saw about $488 million in liquidations, overwhelmingly longs, across nearly 98,000 traders. Open interest stayed elevated after the prior week’s short-squeeze, while funding on major pairs flipped from constructive to more cautious as hike odds repriced. Macro and geopolitics dominated the tape. The Jackson Hole symposium (August 27–29) was the focal point. Warsh, in his first keynote as Fed chair, called the 2% inflation target a “firm, fixed” objective, said forward guidance had “overstayed its welcome,” and warned that policymakers “have work to do” if underlying inflation does not move to target “clearly and at sufficient speed.” July PCE remained sticky at 3.7% year-over-year (core 3.3%). CME-implied odds of a September rate hike jumped from about 35% to around 57%. Two-year yields rose, the dollar strengthened, and risk assets faded into the Friday close. Other data mixed the picture: initial jobless claims fell to 203,000, supporting labor resilience, while July new-home sales dropped 10.5% under high borrowing costs. Trade friction intensified after the U.S. moved toward 50% tariffs on roughly $20 billion of Canadian goods following collapsed talks. Washington also widened Iran-related sanctions; oil still posted its first weekly decline in three weeks, with WTI near $83.40 and Brent near $89.30 as Hormuz-related risk was reassessed. Gold firmed toward $4,500. U.S. equities finished the week modestly higher despite Friday’s pullback. The S&P 500 closed Friday at 7,711.76 (−0.25%), the Dow near 53,560 (essentially flat on the day), and the Nasdaq weaker. Nvidia’s fiscal second-quarter print was the offset: revenue of $96.2 billion, data-center revenue of $89 billion, and guidance that produced an 8.7% single-session jump and a roughly $442 billion one-day rise in market value—one of the largest on record. That AI bid kept Communication Services and Tech among the week’s better sectors even as rate-sensitive names and the Russell 2000 lagged. Institutional flows remained the structural support, then cracked at the margin. U.S. spot Bitcoin ETFs took in $337.6 million on August 24, $314.4 million on the 25th, $232.1 million on the 26th and $242.2 million on the 27th, before a $201.8 million outflow on August 28 ended a nine-session, roughly $3 billion inflow streak. The August 24–28 trading week still netted about $924.5 million. ARK 21Shares led Friday redemptions (−$114.9 million), followed by Bitwise and a modest IBIT outflow. Ethereum ETFs did not follow: they added about $102 million on August 28 and extended a 10-day inflow run. Solana and XRP products also stayed in positive flow on the reversal day. Crypto Fear & Greed spent the week in greed rather than the fear readings of mid-August, oscillating roughly in the mid-60s to high-70s and ending near 69–76. On-chain data continued to show a holder split. Wallets with 100+ BTC added more than 39,000 BTC over the recent week, extending a 60-day accumulation of about 43,000 BTC (larger cohorts above 10,000 BTC added even more over that window). Retail-sized wallets (0.1–1 BTC) remained in distribution, with accumulation-trend scores near −0.98. Exchange flows flipped positive on the Friday dump (net coins onto venues) and quieter thereafter. A large share of supply remains dormant; long-term holder behavior stayed more constructive than the short-term cohort that sold into strength. In summary, August 24–30 was a consolidation week after Bitcoin’s strongest weekly dollar advance in years. Spot prices tested $81,000, ETF demand stayed heavy until Friday, and whales absorbed retail supply. The Warsh speech reintroduced rate-hike risk, ended the BTC ETF streak, and forced long liquidations—without breaking the higher range established the week before. Sticky 3.7% PCE, U.S.–Canada tariff escalation, and residual Middle East energy risk keep the macro overlay two-sided.

Today, we are happy to announce the closing of a $360 million revolving credit facility. The financing was arranged by a leading group of financial firms, underscoring strong institutional support for Hadrian’s continued growth. Morgan Stanley Senior Funding Inc. served as Lead Left Arranger and Bookrunner, with additional joint lead arrangers and bookrunners Western Alliance Bank, J. P. Morgan, First Citizens Bank, Customers Bank, HSBC Ventures USA Inc, Axos Bank, and Texas Capital Securities. Kirkland & Ellis was counsel to Hadrian on the transaction. This facility allows Hadrian to further invest in the advanced manufacturing infrastructure, machinery, and related hardware needed to achieve its production goals.

【SHINJIRO ATAE 「Lay Me Down」(SAM SMITH cover)】 It has almost been four months since I announced the resumption of my artist activities. Working as an independent artist has been a great learning experience. I have more freedom in setting my own time schedule, which has allowed me to spend a lot of time exploring myself and my creativity. While there are many things I want to sing and express, there are also many other things I want to try out. Sometimes I’ve even felt a little stuck, unsure of where to start. What I decided to do in the end was go back to my basics and embrace my love for music. I decided to sing a few cover songs. These are songs that I love and are important to me. The first song I covered was "Lay Me Down" by SAM SMITH, an artist that I deeply respect. As creators, we are happy when people get a chance to see what we’ve made. I hope you enjoy it. アーティスト活動再開を報告させていただき、そろそろ4か月が経とうとしています。 歌いたい事や表現したいことは沢山ある一方で、他に挑戦したい事も色々ある事と、今はある程度自由にタイムスケジュールを組める事もあり、納得のいくものをつくる為に、 「あーじゃないこーじゃない」と 制作に時間をかけてしまい、少し煮詰まってしまう時期がありました。 そんな時期にチームで話し合う中で、 このタイミングだからこそ、一度初心に帰り大好きな音楽を自分なりに楽しんでみようと、 今回カバーソングをしてみることになりました。 僕が好きな曲や、自分にとって大切な曲を数曲カバーさせていただきました。 一曲目は僕の尊敬するアーティストの1人でもあるSAM SMITHの「Lay Me Down」を歌ってみました。 アレンジや撮影編集、ヘアメイク衣装と、普段から仕事の域を越えて仲良くしている仲間達と、みんなで一緒に楽しみながら音楽、映像をつくることが出来ました。 たくさん聴いて、観てもらうことが僕たち作り手の幸せです。 ぜひ楽しんでください。 Thanks for... ・Music Producer: Stephanie Topalian Arranger: Nobuhiro Takamoto ・Movie Photography Director: Kintaro Producer: Nyonyo(accel inc.) Production Manager: Satton(accel inc.) Production: accel inc. Director: Tatsuaki ・Hair & Makeup. Hair & Makeup: Maki Sato ・Stylist Stylist: SUGI（FINEST） Stylist Assistant: Shiori Nagayam（FINEST） Assistant: Sayaka Suzuki ・Special thanks SAM SMITH

Ark Innovation ETF $ARKK is now at a YTD high and trading above its 200-day moving average by the largest margin since December 🚨 If you think Cathie Wood's hot streak continues and want magnified exposure, consider the Tradr 2X Long Innovation ETF $TARK from @TradrETFs

ARK Investment Management LLC opened the markets! @ARKInvest is a federally registered investment adviser and privately held firm headquartered in St. Petersburg, Florida. Founded by Cathie Wood in 2014, ARK focuses solely on disruptive innovation, aiming to identify large-scale investment opportunities across artificial intelligence, robotics, energy storage, multiomic sequencing, blockchain technology, and beyond.

ARK Invest's Cathie Wood lends support to LayerZero. Against a backdrop of assets and protocols adopting @Chainlink's CCIP, @ARKInvest's @CathieDWood has voiced support for @LayerZero_Core and its team. "Most investors do not appreciate the important role that @LayerZero_Core is playing in crypto messaging and interoperability. I am so impressed with the vision of Bryan, Simon, and the team."