AI-assisted Web3 infrastructure layer Canopy has secured $8.5 million in seed funding, with participation from Arrington Capital and other investors.

Framework Ventures announced the successful closing of its fourth fund, FVIV, raising $400 million, with a focus on cross-frontier sectors spanning blockchain, AI, robotics, energy, and fintech. Additionally, the firm disclosed holdings of digital assets including Hyperliquid, Plasma, and Sky, alongside team adjustments: Rajiv Patel-O'Connor has been promoted to General Partner, two new partners from Pantera and DRW have joined, and recruitment for founders in related fields is now open.

According to Arkham's monitoring, the 21Shares Hyperliquid ETF made its first reduction in HYPE holdings yesterday. The ETF sold HYPE worth $1.8 million in a single day, accounting for approximately 3% of its assets under management (AUM).

Citrini Research, the firm behind the "AI Doom Report", has released a new research note. The report notes that while the AI boom has sparked debates over bottlenecks in data centers, computing power, and electricity, the sector has grown overly crowded. A massive concentration of intellectual and model resources on the single AI narrative has left other fields under-allocated, under-modeled, and overlooked, potentially driving capital rotation to neglected themes. The report outlines five specific areas, advising investors to watch for mispriced opportunities in life science cycles, high-end residential and elderly housing, fintech revival, and airlines. Citrini Research, which carries significant market influence, published a report in February this year introducing the "global intelligence crisis" concept, warning that AI could spark a "race to the bottom" for knowledge-based jobs, disrupting the industrial and credit chains built around white-collar productivity. That report subsequently triggered a sell-off in U.S. stocks.

GraniteShares announces it will launch the first U.S. leveraged ETFs tracking SK Hynix, offering 2x long and 2x short exposure to provide investors with leveraged trading tools for the leading AI storage stock.

According to Ming Pao, Hong Kong Legislative Council member Janis Chan Wai-man disclosed that the Inland Revenue (Amendment) (Automatic Exchange of Information) Bill 2026 was passed by the Legislative Council last week, while the Crypto Assets Reporting Framework (CARF) Bill has entered the deliberation phase. Chan stated that between 2018 and 2025, the Hong Kong government had cumulatively recovered over HK$100 million in taxes and penalties, with an estimated additional roughly 8,000 financial institutions required to register compulsorily going forward.

According to on-chain analyst Ai Yi (@ai_9684xtpa), a whale closed out a position to take a $3.277 million profit in the early hours of yesterday, before opening a new short position worth $70.76 million last night. As of now, the address holds short positions of 912.93 BTC (valued at $54.98 million) and 10,000 ETH (valued at $15.83 million), with entry prices of $59,137 and $1,532 respectively, posting an unrealized loss of $1.418 million.