加密，冒險，每週：以太坊ETFS Suger，PI網絡的關鍵時刻和風險資本洞察力

每週一次的加密風險新聞綜述，重點關注以太坊ETF流，PI Network即將發布的公告以及對市場的關鍵VC觀點。

The crypto world never sleeps, and neither does the flow of venture capital. This week's 'Crypto, Venture, Weekly' dives into Ethereum ETF activity, Pi Network's crucial appearance, and what VCs are saying. Let's break it down.

加密世界永遠不會睡覺，風險投資的流也不是。本週的“加密，冒險，每週”進入以太坊ETF活動，PI Network的關鍵外觀以及VC所說的話。讓我們分解。

Ethereum ETFs See Strong Inflows

以太坊ETF看到強大的流入

While Bitcoin ETFs experienced mixed movements, Ethereum ETFs are showing strong inflows. Data from Lookonchain indicates that despite some daily outflows, weekly accumulation of ETH far outpaced BTC. iShares Ethereum Trust (ETHA) led the charge, signaling consistent institutional allocation towards Ethereum. Is this the start of an 'ETH season'? Time will tell, but the numbers are definitely talking.

儘管比特幣ETF經歷了混雜的運動，但以太坊ETF表現出強烈的流入。來自Lookonchain的數據表明，儘管每天流出一些，但ETH遠遠超過BTC的每周積累。 Ishares以太坊信託（ETHA）領導了指控，表明對以太坊的製度分配一致。這是“ ETH季節”的開始嗎？時間會說明，但是數字肯定在說話。

Pi Network's TOKEN2049 Moment

PI Network的Token2049時刻

Pi Network is gearing up for a pivotal moment at TOKEN2049 in Singapore. With a massive community behind it, the project is under pressure to deliver a clear roadmap, updates on its Pi App Studio, and transparency regarding the $100 million Pi Ventures Fund. Founder Chengdiao Fan's keynote is highly anticipated, and the community is hoping for concrete progress rather than just promises. Will Pi Network rise to the occasion, or will TOKEN2049 be another letdown?

PI Network正在新加坡的Token2049努力工作。由於背後有一個大型社區，該項目承受著清晰的路線圖，其PI App Studio的更新以及有關1億美元Pi Ventures Fund的透明度的壓力。創始人Chengdiao Fan的主題演講備受期待，社區希望取得具體的進步，而不僅僅是承諾。 PI網絡會升起，還是將Token2049成為另一個失望？

Venture Capital Insights: A Quick Recap

風險資本見解：快速回顧

This week's venture activity saw 24 projects raise $176 million, with Brale and Finary leading the pack. Digital asset treasury activity is accelerating, with companies accumulating tokens at scale. MoonPay's acquisition of Meso, Keyrock's acquisition of Turing Capital, and LimeWire's purchase of Fyre Festival rights highlight interesting M&A trends.

本週的風險活動使24個項目籌集了1.76億美元，大號和最終產品領先。數字資產國庫活動正在加速，公司的代幣會大規模積累。 Moonpay收購Meso，Keyrock對圖靈資本的收購以及Limewire購買Fyre Festival權利的收購突出了有趣的併購趨勢。

VCs are also weighing in. Andrew Kang envisions mass adoption of affordable humanoid robots. Ryan Adams believes U.S. legalization could unlock a decade of DeFi innovation. Santiago R Santos frames crypto as battle-tested infrastructure for institutions.

VC也在稱重。安德魯·康（Andrew Kang）設想大規模採用負擔得起的人形機器人。瑞安·亞當斯（Ryan Adams）認為，美國合法化可以釋放十年的Defi創新。聖地亞哥·桑托斯（Santiago R Santos）將加密貨幣作為機構的戰鬥測試基礎設施。

Final Thoughts

最後的想法

From Ethereum's ETF surge to Pi Network's make-or-break moment, and the ever-evolving landscape of crypto venture capital, there's never a dull moment in the world of digital assets. It feels like someone is always building something new, or dusting off something old. Until next week, stay curious and keep exploring!

從以太坊的ETF激增到Pi Network的成敗時刻，以及不斷發展的加密風險投資的景觀，在數字資產的世界中，從來都不是一個沉悶的時刻。感覺就像有人總是在建造新的東西，或者撒掉舊的東西。直到下週，請保持好奇並繼續探索！