The crypto market witnessed a flurry of activity as Bitcoin spot ETFs saw renewed inflows, Strike introduced a novel Bitcoin-backed loan product, and the meme token CASHCAT skyrocketed over 718%. Meanwhile, crypto hacking losses declined year-on-year, and Solana’s tokenized asset ecosystem continued to expand.
Bitcoin ETF Inflows Hit $21.44 Million
According to data from SoSoValue, Bitcoin spot ETFs recorded a total net inflow of $21.44 million yesterday. BlackRock’s IBIT led the charge with a daily net inflow of $54.80 million, bringing its historical net inflow to an impressive $60.26 billion. On the other hand, Fidelity’s FBTC experienced the highest net outflow of $24.92 million, with its total historical net inflow standing at $10.23 billion. The total net asset value of Bitcoin spot ETFs now stands at $77.26 billion, representing an ETF net asset ratio of 6.05%, with cumulative net inflows reaching $51.37 billion.
Strike Introduces Bitcoin-Backed Loan Without Liquidations
Strike has launched a new Bitcoin-backed loan product designed to address forced liquidations during periods of extreme market volatility. The key innovation is the removal of margin calls and price-based liquidations, allowing customers to retain their Bitcoin collateral even if the cryptocurrency experiences a sharp decline. However, this added protection comes with trade-offs: borrowers face higher interest rates, shorter repayment periods, and strict repayment schedules. The loans offer a maximum loan-to-value ratio of 45% with six-month terms, and interest rates ranging from approximately 10.7% to 14.2%. While Bitcoin price drops won’t trigger liquidation, borrowers must make timely repayments or risk losing their collateral.
CASHCAT Surges 718% in 24 Hours
CASHCAT, a meme token operating on Robinhood’s newly introduced Layer 2 blockchain, surged more than 718% in 24 hours, pushing its market capitalization above $68 million, according to CoinMarketCap DexScan data from July 8. The token’s price stabilized near $0.08365, representing a 962.81% increase since tracking began, with a liquidity volume of approximately $2.6 million. CoinMarketCap lists CASHCAT as unverified, and its social media channels are marked as third-party. Blockchain tracker Lookonchain identified a wallet ending in 0xDE4C that turned $838 into over $1 million. The trader purchased 15.04 million CASHCAT tokens about 20 days ago, selling 13.5 million for a profit of roughly $917,600, with the remaining 1.5 million tokens valued at approximately $133,700.
Crypto Hack Losses Decline 47% in First Half of 2026
Losses from crypto exploits fell 46.8% year-on-year to $1.32 billion in the first half of 2026, according to security firm CertiK. However, second-quarter exploit losses rose 59% from the previous quarter to $807.5 million, with attacks becoming more frequent and damaging per event. CertiK cautioned that the lower total does not indicate a safer market. Blockchain intelligence firm TRM Labs recorded 207 crypto hacks in the first half, more than double the 83 incidents from a year earlier—the highest count TRM has measured across any six-month period. Smart contract exploits accounted for 125 incidents (60% of the total) but caused limited financial damage, while infrastructure and operational compromises represented about 15% of incidents but roughly 76% of losses.
Solana’s Tokenized Assets Reach $8.7 Billion
In its latest report updated as of July 6, 2026, RWA.xyz revealed that the transfer volume of Solana’s tokenized assets more than doubled previous records amid higher circulation on the blockchain. The total value of assets distributed on the network increased by 36.27% during the same period, reaching $3.48 billion. Network data indicated that the spot volume of tokenized assets on decentralized exchanges grew from $2.69 billion in Q1 2026 to $5.7 billion in Q2 2026.