OP Labs has announced a 20% reduction in its workforce as part of a strategic shift to concentrate on core business operations. The company clarified that the layoffs are not driven by financial difficulties but are intended to streamline operations. In other news, Bitcoin spot ETFs experienced a net inflow of $115 million yesterday, marking the third consecutive day of positive inflows. This trend highlights growing investor interest in Bitcoin ETFs. Additionally, the official domain of BONK.fun has been compromised by hackers, prompting warnings to avoid interactions with the site until further notice.