Saturday’s tape was quiet, so Friday’s paperwork still set the tone. UBS Group’s latest 13F showed call options on BlackRock’s iShares Bitcoin Trust jumping more than 24 times over the second quarter, while ordinary IBIT shares only rose about 12%. Coinbase will drop several DAI, USDC, and cbETH deposit rails on August 17. EU transaction bans covering HTX and EXMO take effect August 23. Corporate treasuries kept filing too: SharpLink is routing $200 million of ether through Lido, Nakamoto posted its first full quarter as a bitcoin operator, and Digi Power X printed its first AI compute revenue.
As of the 00:24 UTC market snapshot on August 16, 2026, bitcoin traded around $63,016 (+0.3% over 24 hours), ether around $1,880.88 (+0.1%), and solana around $75.32 (+0.2%). Global crypto market cap sat near $2.25 trillion, with bitcoin share about 56.2%. The range is still the story. Primary documents are below. For more tape context, see our market snapshot guide and Bitcoin history.
UBS 13F shows IBIT calls jumping more than 24 times
UBS Group's Form 13F, accepted by the SEC on August 13 and dated June 30, listed 407,890 ordinary shares of BlackRock's iShares Bitcoin Trust (IBIT), up from 364,371 at March 31. The call line moved much more: shares underlying reported IBIT calls rose from 80,000 to 1.95 million, more than 24 times the March figure, while puts fell from 303,300 to 143,300. The filing assigns about $64.9 million of underlying market value to the call row. Form 13F does not disclose strikes, expiry, or whether the positions were hedges, client books, or directional trades.
Coinbase drops some DAI, USDC, and cbETH rails on August 17
Coinbase Status says the exchange will end DAI deposits and withdrawals on Avalanche, Arbitrum, and Optimism on August 17, 2026, while DAI on Ethereum stays open. The same day it will stop USDC on the Noble network and cbETH on Arbitrum, Optimism, and Polygon. USDC remains on other listed networks, and cbETH remains on Ethereum and Base. Coinbase warns DAI sent on Avalanche after the cutoff will not be recoverable, and funds on the other dropped rails may not be recoverable.
Nakamoto posts first positive adjusted operating income as a bitcoin company
Nakamoto Inc. reported Q2 operating revenue of $35.9 million in an August 14 8-K exhibit, its first full quarter as a combined bitcoin company. GAAP operating loss was $149.1 million, driven by $105.2 million of non-cash goodwill impairment and $48.7 million of mark-to-market losses on digital assets, while adjusted operating income was $7.3 million. The company said it held 4,467 bitcoin worth about $261.5 million at June 30, cut debt by about $45 million, and that UTXO guided the 210k Capital Fund through the first cleared Bitcoin Depositary Receipt trade via prime brokerage and DTCC settlement. Conference revenue at Bitcoin 2026 was $22.6 million.
SharpLink will stake $200 million of ether through Lido
Lido's August 13 institutional post says SharpLink (Nasdaq: SBET) will deploy $200 million of its ether treasury through the Lido protocol and receive wstETH, with Anchorage Digital as custodian. Lido says the allocation follows Anchorage's wstETH integration last month and sits on top of SharpLink's existing staking and restaking book. The post cites about $16.5 billion of ether staked via Lido and about $10 billion of stETH in active use as collateral across more than 100 protocols. The dollar size is SharpLink's figure, and the post does not give an ETH unit count or a settlement date.
EU transaction bans on HTX and EXMO take effect August 23
Council Regulation (EU) 2026/1848 adds HTX (listed as HUOBI GLOBAL SA) and EXMO Ltd. to the EU's third-country crypto-asset service list, with those entries taking effect on August 23, 2026. The same annex names Rapira, Aifory Pro, ABCeX, WhiteBird, NoOnecrypto INC., Tradex, Monease Ltd, BitPapa, and Exnode among platforms facing a transaction ban from that date. The regulation is the 21st Russia sanctions package, adopted July 23, and it frames the listings as entities that significantly frustrate existing prohibitions. The Block later reported that Binance posted a Friday support note listing the same August 23 names.
Digi Power X books first AI compute revenue and $1.1 billion of contracted work
Digi Power X's August 14 exhibit reported Q2 revenue of about $6.6 million and a net loss of about $14.4 million. The company said it booked about $1.1 million of GPU bare-metal rental revenue from roughly five weeks of operations, its first AI compute print, after investing about $30 million in GPU kit (about 0.6 MW). It also cites $1.1 billion of contracted AI data-center future revenue, with an option that could take the relationship to about $2.5 billion, plus $142.4 million of cash at June 30 (about $150 million as of August 14) and positive adjusted EBITDA of about $3.3 million. Alabama Phase 1 is still a 15 MW IT-load build, and the financing talks named in the release are not a closed loan.
Kraken Status said SUI-network deposits and withdrawals were delayed from 05:35 UTC on August 15, covering SUI plus USDC and several Sui-issued tokens, and marked the incident resolved the same morning. Coinbase Status logged delayed SUI sends and receives the evening before (August 14, 18:32 PDT), also later marked resolved, with buys, sells, and fiat rails unaffected. Two large venues hitting the same chain a day apart is a funding-path story, not a SUI price story. Traders moving size over Sui should still treat status pages as part of the route check.
