Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.

Zamanat announced it is sponsoring Zamanat Fund CEIC Limited, a tokenized private credit fund registered at the Dubai International Financial Centre (DIFC). The fund has a target size of up to $100 million, focusing on private credit in the Gulf Cooperation Council (GCC) region, with the goal of filling the estimated $250 billion small and medium-sized enterprise (SME) financing gap in the area. Regulated by the Dubai Financial Services Authority (DFSA), this closed-end exempt fund is positioned as a credit fund, managed by Truleum Venture Partners, with fund administration services handled by Apex Group. Fund units will be issued as ZM1 investment tokens on ZIGChain, and offered to eligible professional investors in a regulated, whitelisted environment. Zamanat noted that only around 11% of SMEs in the GCC have access to credit, and the fund will provide capital to fundamentally sound companies underserved by traditional financing channels. The firm added that this fund marks its first successful implementation of bringing GCC private credit into a regulated digital structure. Key clarifications: The fund is not an Islamic fund nor is it marketed as Sharia-compliant; "digital Islamic assets" are part of Zamanat’s broader business strategy. ZM1 tokens are only available to investors meeting DFSA professional client requirements and do not constitute a public securities offering.

Binance Alpha lists Nesa (NES).

According to official announcements, OKX has officially launched its "Smart Portfolio" strategy, enabling users to allocate crypto assets, tokenized stocks, gold, crude oil, ETF indices, stablecoins, and other assets into a single investment portfolio with customizable target weights. The system automatically rebalances based on the user-defined check cycle and deviation threshold, while users can also trigger an immediate rebalance at any time. The feature supports two modes: AI strategy recommendations and manual creation. Users can build personalized portfolios around various investment themes to achieve unified cross-asset allocation and ongoing management. To access it, navigate to "Trade" > "Strategies & Copy Trading" > "Smart Portfolio" in the OKX App, which requires upgrading to version 6.188.0 or later.

UBS CEO Sergio Ermotti said today that despite mounting geopolitical and economic risks, investors have grown more complacent over the past few years, and the current market should have seen far greater volatility. Ermotti noted that energy and shipping risks stemming from conflicts in Iran and Ukraine, persistent global supply chain pressures, high inflation, and elevated borrowing costs remain in place. While large-scale investments in areas like artificial intelligence (AI) and data centers have supported economic growth, they are not enough to eliminate underlying risks. On investment strategies, he said UBS clients have recently favored cross-sector and cross-region diversified allocations over bets on a single market direction, while continuing to hold AI and tech assets. He stressed this does not mean funds are fleeing the U.S. or the dollar en masse, as the dollar remains the world’s primary "reference currency". Regarding interest rates, Ermotti expects the European Central Bank (ECB), U.S. Federal Reserve, and Bank of Japan (BOJ) may all raise rates in the coming months, warning markets not to anticipate a quick return to low borrowing costs. He added that inflationary pressures have not eased significantly, so it is reasonable to expect interest rates to stay elevated for some time.

Insight: Beating AI Flash News – DeepSeek V4.1 Flash has nearly overhauled its entire architecture this time, aiming to simultaneously enhance performance, boost speed, and cut costs. Stronger: The model features 552 billion backbone parameters, plus an external Engram conditional memory module with 196 billion parameters. Pre-training utilized 45T multi-modal tokens, while post-training integrated a large volume of real agent tasks, tool environments, and failure cases. DeepSWE v1.1 scores 74.2%, surpassing Claude Opus 5 and GPT-5.6 Sol. Faster: The new CED architecture splits the 40-layer model into two halves. When reading prompts, only 8 billion parameters are activated per token, and just 16 billion during generation. Coupled with CSA2 cross-layer reuse and DSpark speculative decoding, the context window has been expanded from 4K to 1M (256x longer), with decoding computation per token increasing by only roughly a quarter. Cheaper: DeepSeek has further optimized KV cache to the maximum. The main cache is switched to FP4, plus cross-layer reuse, leaving global KV for each token at just 890 bytes, about 1/4 of V4 Flash; cache stored long-term on SSD or memory is further reduced to approximately 1/8. V4.1 Flash does not equate "stronger" simply to "more computation". While model scale continues to grow, only a small portion of parameters are adjusted each time; the context window is extended, yet the cache is compressed even smaller. Performance has improved, with speed and costs remaining uncompromised.

According to Arkham, Bitwise’s BSOL ETF has posted a net inflow of $107.4 million over the past 20 trading days, with only two trading days recording capital outflows.