Tag: ETF

  • Bitcoin Faces Renewed ETF Withdrawals as Price Lingers Near $80,000

    Bitcoin Faces Renewed ETF Withdrawals as Price Lingers Near $80,000

    Bitcoin ETF Outflows Return

    Bitcoin faced fresh institutional selling this week as spot ETF outflows returned while BTC traded near USD 80,000. Reports cited about USD 165 million in withdrawals on September 10 and another USD 120 million on Wednesday. At the same time, Iran eased foreign exchange rules for Bitcoin and Tether use in international trade.

    ETF Outflows Test Bitcoin Recovery

    InteractiveCrypto reported that 2,148 BTC, worth about USD 165 million, left spot Bitcoin ETFs on September 10. Research firm Icrypex separately reported about USD 120 million in ETF outflows on Wednesday.

    Those withdrawals followed a stronger period for institutional demand. Bitcoin rose about 20% over the past month, while the iShares Bitcoin Trust attracted roughly USD 3.5 billion in net inflows during that period.

    The rebound came after the August 19 market washout. Michael Bucella of Neoclassic Capital said forced selling eased, then spot buying and ETF demand improved. Can renewed ETF demand push Bitcoin through the USD 83,000 to USD 86,000 supply zone?

    BTC Momentum Weakens

    Bitcoin remains below the four-hour MA-20 at USD 77,838 and the MA-50 at USD 78,929. The Ichimoku Kijun at USD 77,968 also acts as immediate resistance.

    Meanwhile, BTC remains above the daily MA-200 at USD 70,061. RSI stands at 41.43, while CCI shows modest selling pressure. MACD gives a strong sell signal, and ADX remains neutral.

    Stoch RSI and the Awesome Oscillator also remain neutral. Bull/Bear Power favors sellers, while subdued volatility supports a sideways intraday tone. The current range sits between USD 75,202 and USD 79,229.

    The supplied market assessment assigns a 72% probability to further downside and 28% to an upside break. A drop below support could deepen the retracement. A bullish shift requires stronger momentum above resistance.

    Iran Expands Crypto Trade

    Iran’s central bank relaxed foreign exchange rules on September 11. The change allows domestic businesses to use Bitcoin and Tether for international trade.

    The move expands a regulatory use case for digital assets inside Iran. The report described the immediate global market effect as limited, leaving ETF flows and price structure as stronger near-term Bitcoin drivers.

    Bitcoin still trades about 10% lower in 2026 despite its recent monthly rebound. Bucella said Bitcoin remains healthier than many other crypto assets, while altcoin leverage and open interest require more caution.

    He also noted that overall leverage and open interest resemble levels seen before the October 10, 2025 crash. That event erased USD 19 billion in crypto leverage in one day.

    Grayscale research head Zach Pandl said investors increasingly use crypto within broader portfolio allocation strategies. He linked that trend to diversification, rising bond yields, and concerns around dollar debasement.

    Conclusion

    Bitcoin’s rebound faces renewed pressure as ETF withdrawals return and short-term technical signals remain weak. Still, BTC holds above its daily MA-200 after gaining about 20% in a month. ETF demand, the USD 83,000 to USD 86,000 supply zone, and current support levels remain key market factors.

  • Litecoin vs Bitcoin: Which Crypto Should You Hold, Spend, or Convert in 2026?

    Litecoin vs Bitcoin: Which Crypto Should You Hold, Spend, or Convert in 2026?

    Gold and silver. That’s the comparison everyone reaches for with Litecoin and Bitcoin, and it’s not wrong exactly – it’s just incomplete. Both have SEC-regulated ETFs now, in 2026. Both got classified as commodities by U.S. regulators. And yet their markets went in almost opposite directions. Network activity, liquidity, who’s actually buying and why – all of it diverged. What people use each coin for on a random Tuesday looks nothing alike either.

    Key Takeaways

    • Litecoin confirms blocks in 2.5 minutes, four times faster than Bitcoin’s 10. Doesn’t tell the whole story though – Bitcoin’s Lightning Network eats up most of that speed advantage for actual payments.
    • Both have spot ETFs. The money behind them doesn’t compare at all: Bitcoin’s ETFs hold tens of billions, Litecoin’s pulled in exactly zero during its first week and was still sitting around $5.5 million by mid-2026.
    • March 2026: Litecoin’s MWEB feature got exploited. Bitcoin’s base layer? Clean since 2009.
    • Moving LTC to BTC doesn’t require a centralized exchange account anymore. Non-custodial tools do it wallet-to-wallet.

    Bitcoin and Litecoin at a Glance

    Bitcoin. 2009. Proof-of-work, capped at 21 million coins, and a near-religious resistance to changing the protocol. That conservatism is arguably the whole reason Bitcoin ended up as crypto’s reserve asset. Early September 2026, it’s trading high-$70,000s to low-$80,000s, holding somewhere around 57-61% of total crypto market cap.

    Litecoin. Its story starts with Charlie Lee forking Bitcoin’s code back in 2011. Shorter blocks. Scrypt instead of SHA-256. A supply cap set four times higher, at 84 million coins. These days LTC sits around $50-55, market cap close to $4 billion – ranked anywhere from 18th to 26th, depending which tracker you trust.

    Head-to-Head: Where the Networks Actually Differ

    Speed and fees first. Four times faster by design, that part’s not in dispute. Fees are where it gets messy: Bitcoin can cost a few cents or several dollars, purely depending on how congested the network is that day. Litecoin stays cheaper across the board, fractions of a cent up to maybe fifteen cents. Don’t trust either number as gospel though – pull up something like mempool.space for the live rate. And remember Lightning Network exists; it handles a real chunk of Bitcoin’s payment volume instantly and almost free, off-chain.

    Security next. Bitcoin’s base layer: no network-level exploit, ever, since it launched. Litecoin can’t say the same anymore. March 2026, a bug in the MWEB privacy feature got used to fake a peg-out worth roughly 85,000 LTC. They caught it, recovered the funds, patched the hole. Good response. Doesn’t erase that it happened, though – something to weigh before parking serious money on either chain.

    Institutional access is where the gold/silver framing really falls apart. Canary Capital got the first spot Litecoin ETF (LTCC) trading on Nasdaq back in October 2025, right alongside the commodity classification that put Litecoin on equal regulatory footing with Bitcoin. So the setup was there. The demand wasn’t. Zero net inflows in LTCC’s first five trading days. Still just $5.5 million by mid-2026 – compare that to the $60+ billion BlackRock’s Bitcoin ETF pulled in alone. A couple of public companies bought in anyway (Lite Strategy, Luxxfolio), which counts for something. Just not a loud something.

    Use cases, finally. Litecoin’s lower fees make it the pick for smaller transfers you’re doing often. Bitcoin does something different – it sits there, mostly, backed by liquidity nothing else in crypto really matches. A lot of people just run both. Litecoin for whatever needs to move right now, Bitcoin for the position nobody touches.

    Moving Between LTC and BTC

    Nobody really picks one of these and locks the door on the other. Most people rebalance instead – build up Bitcoin, then peel off a slice into Litecoin the moment a payment needs to move fast. Works backwards too: fold Litecoin back into Bitcoin once volatility starts feeling uncomfortable. None of this needs a centralized exchange sitting in the middle anymore. A LTC to BTC swap on a non-custodial platform goes straight from your own wallet – no third-party custody involved first.

    Is Litecoin a Good Investment Right Now?

    Nobody has a clean answer to that, and anyone who claims they do is probably trying to sell you something. Litecoin’s been stuck well below its all-time high for years now; the ETF launch didn’t budge that. What it does have going for it: fifteen years without going down, a supply cap that can’t be changed, and a privacy feature (MWEB) that’s actually gaining traction – balances there passed 500,000 LTC by late 2025, up from under 100,000 just a year earlier. Resident’s guide to Litecoin as an investment digs into the case further, if you want the longer version.

    Verdict: Hold, Spend, or Convert?

    Liquidity and institutional weight – that’s Bitcoin’s case, and it’s still the default for anyone prioritizing those. Litecoin earns its spot for cheap, fast transfers, assuming you’re fine holding a smaller-cap asset that just had a rough security year. Most people don’t actually need to choose, though. Core position in Bitcoin, some Litecoin kept liquid for when speed matters, convert between the two as things change. That’s the boring, practical answer.

    FAQ

    Is Litecoin faster than Bitcoin? On the base layer, yes – roughly 2.5 minutes per block against Bitcoin’s 10. Though once you bring Lightning Network into it, Bitcoin can actually settle faster than either chain running alone.

    Is Litecoin cheaper to use than Bitcoin? Generally, yes, but congestion changes the math daily on both sides. Check a live fee tracker – don’t trust whatever number you read here or anywhere else as fixed.

    Does Litecoin have a spot ETF like Bitcoin? It does. Canary Capital’s LTCC has been on Nasdaq since October 2025. Size-wise, though, it’s nowhere close to Bitcoin’s ETF category.

    Can I convert Litecoin to Bitcoin without a centralized exchange? Yes – non-custodial swap services do direct wallet-to-wallet conversion. No third-party deposit required first.

  • Bitcoin ETFs See $120M Outflows, LAPTOP Memecoin Crashes 95%, Pepe Whales Dump 80B Tokens

    Bitcoin ETFs See $120M Outflows, LAPTOP Memecoin Crashes 95%, Pepe Whales Dump 80B Tokens

    The cryptocurrency market witnessed several major developments recently, including significant outflows from spot Bitcoin ETFs, a dramatic collapse of a politically themed memecoin, large-scale selling by Pepe whales, a US Secret Service freeze on USDT, and a groundbreaking blockchain initiative for India’s grain storage network.

    Bitcoin Spot ETFs Record $120 Million in Net Outflows

    According to data from SoSoValue, Bitcoin spot ETFs saw a total net outflow of $120.24 million yesterday. The ETF with the highest net inflow was Morgan Stanley’s MSBT, which attracted $4.49 million, bringing its cumulative net inflow to $520.89 million. Conversely, Ark Invest and 21Shares’ ARKB experienced the largest net outflow of $77.98 million, though its historical net inflow remains at $1.39 billion. The total net asset value of all Bitcoin spot ETFs now stands at $99.33 billion, with an ETF net asset ratio of 6.31% and a historical cumulative net inflow of $55.45 billion.

    Hunter Biden’s LAPTOP Memecoin Collapses Over 95%

    The LAPTOP memecoin, named after Hunter Biden, lost more than 95% of its value within one hour of trading opening on the Base network. A wallet analysis by Bubblemaps revealed that 12,151 out of 15,206 buyers ended up losing money—roughly 80% of all purchasers. While 3,026 addresses turned a profit and 29 broke even or could not be assessed, the majority of losses were small: 11,311 wallets lost less than $1,000 each.

    Pepe Whales Sell 80 Billion Tokens

    Pepe (PEPE) remained under pressure, trading near $0.00000348 after failing to break through a key resistance level. On-chain data indicates that large holders have been reducing their positions. Wallets holding between 10 million and 100 million PEPE have collectively sold approximately 80 billion tokens since August 25. This distribution suggests profit-taking after a recent rally. Over the same period, smaller and mid-sized wallets (holding between 100,000 and 10 million PEPE) accumulated a combined 5.06 billion tokens.

    US Secret Service Freezes $52.8 Million in USDT

    The United States Secret Service froze $52.8 million in the stablecoin USDT across 52 wallets linked to Xinbi Guarantee, an illegal marketplace operating on Telegram. The operation was enabled by intelligence from blockchain analytics firm Elliptic and coordinated with the Office of Foreign Assets Control (OFAC), which designated the platform as a transnational criminal organization. Xinbi acted as an escrow service laundering proceeds from global fraud schemes, including pig butchering, processing over $24 billion since 2022.

    India’s $2 Billion Grain Network Goes On-Chain

    Arya.ag has begun recording data tied to approximately $2 billion in stored crops on an Avalanche-based blockchain for agricultural lenders in India. The system records grain deposits, electronic warehouse receipts, and loan status, enabling authorized lenders to verify crops offered as collateral. Infosys co-founder Nandan Nilekani announced the project at the Global Fintech Festival in Mumbai. The $2 billion figure represents the estimated value of crops held across Arya.ag’s warehouse network, not the value of loans recorded on the blockchain.

  • XRP Faces Key Regulatory Test as CLARITY Act Vote Nears and ETF Use Grows in US Markets

    XRP Faces Key Regulatory Test as CLARITY Act Vote Nears and ETF Use Grows in US Markets

    XRP traders are closely watching the September 15 procedural vote on the CLARITY Act, a legislative milestone that could define the regulatory landscape for digital assets. Meanwhile, fresh inflows into XRP exchange-traded funds (ETFs) and a Charles Schwab filing revealing XRP ETF shares used as collateral underscore the token’s expanding institutional footprint in the United States.

    CLARITY Act Vote: A Pivotal Moment for XRP

    The CLARITY Act aims to establish a comprehensive framework dividing oversight of digital assets between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). For XRP, a key question was resolved in March when the SEC classified it as a digital commodity—alongside Bitcoin, Ether, Solana, and Cardano—based on its network-driven value rather than managerial profit expectations.

    The September 15 Senate cloture vote on the motion to proceed to H.R. 3633 requires 60 votes to advance. While not final passage, a failure would significantly reduce the bill’s chances this year. Political hurdles remain, including an unresolved ethics dispute over government officials profiting from the crypto industry, as reported by Semafor. However, the National Sheriffs’ Association recently shifted from opposition to neutral, removing one obstacle.

    XRP ETFs Gain Traction with Schwab Collateral and New Inflows

    On September 8, a Charles Schwab Family of Funds filing with the SEC disclosed eight XRP ETF collateral line items valued at approximately $11.39 million. These entries—from Bitwise, Canary Capital, Franklin Templeton, and Grayscale—secured repurchase agreements involving Schwab’s Prime Advantage Money Fund and two Wall Street counterparties. The filing does not indicate Schwab directly buying or holding XRP, but rather using ETF shares as collateral.

    Separately, SoSoValue data shows five XRP products recorded nearly $2 million in net inflows during Tuesday’s session. An earlier estimate of $4.8 million had counted only three collateral entries, excluding five additional line items in the same Schwab filing.

    What to Watch Next

    XRP enters a critical week with the CLARITY Act vote and expanding ETF activity. The Senate’s decision could shape the token’s regulatory future, while institutional use cases continue to grow. Traders are also eyeing the Federal Reserve meeting and Friday’s CPI report for broader market cues.

  • Trump Media Abandons Crypto.com CRO Treasury and ETF Plans, Pivots to TAE Merger

    Trump Media Abandons Crypto.com CRO Treasury and ETF Plans, Pivots to TAE Merger

    Trump Media has officially terminated its planned CRO treasury venture with Crypto.com and Yorkville Acquisition, citing changing market conditions and a strategic shift in business priorities. The decision also ends a separate ETF servicing agreement with Crypto.com, and the announcement triggered a drop of up to 5% in the CRO token price.

    End of the CRO Treasury Venture

    The original plan involved creating a publicly traded entity called Trump Media Group CRO Strategy, which would accumulate Cronos’ native token and generate extra returns through staking. Under that structure, Crypto.com was set to provide $1 billion in CRO and access to a $5 billion credit facility, with the broader initiative targeting approximately $6.4 billion in CRO purchases.

    Trump Media had already bought $105 million worth of CRO in September 2025 as part of a wider relationship with Crypto.com, which also included proposed token rewards across Trump Media products. However, those plans are now shelved.

    ETF and Truth Social Crypto Plans Retreat

    The companies also scrapped a separate arrangement involving planned exchange-traded funds from Yorkville America, under which Crypto.com had expected to service certain funds. Additionally, Trump Media has scaled back its plans to integrate Crypto.com-powered prediction markets directly into Truth Social, further narrowing the scope of its earlier crypto strategy.

    This pullback follows a period when Trump-linked entities aggressively expanded their crypto footprint after the 2024 presidential election, including ETF plans, CRO accumulation, and Bitcoin holdings.

    Strategic Pivot Toward TAE Merger

    Interim CEO Kevin McGurn explained that the digital asset treasury market has become saturated, prompting Trump Media to refocus on its core strengths: media, data licensing, and technology. The company is now prioritizing its proposed merger with fusion-energy firm TAE, with hopes of completing the transaction before the end of 2026.

    The shift comes amid ongoing legislative gridlock in Washington over the CLARITY Act, which has stalled due to debates about ethics and potential conflicts involving President Donald Trump and his family’s crypto ventures.

    Despite the retreat from crypto initiatives, Trump Media still holds Bitcoin on its balance sheet. Company filings show 9,542 BTC at the end of the second quarter, with 2,628 BTC recently moved to addresses associated with Crypto.com.

    Looking Ahead

    Trump Media’s decision to end its CRO treasury and ETF partnerships with Crypto.com marks a notable reversal in its crypto strategy. By redirecting attention toward media, data licensing, technology, and the proposed TAE merger, the company is charting a new course—while still maintaining its Bitcoin position.

  • Bitcoin Recovery Outlook: ETF Inflows, CLARITY Act, and Technical Signals Point to Late 2026 Rebound

    Bitcoin Recovery Outlook: ETF Inflows, CLARITY Act, and Technical Signals Point to Late 2026 Rebound

    Bitcoin (BTC) is trading at $64,277.35 as of August 7, 2026, roughly 49% below its October 2025 all-time high of approximately $126,200. After a turbulent first half of the year that included a sharp June decline and a partial July rebound, the market has stabilized in a tight range. The CLARITY Act vote and ETF recovery could be the catalyst for BTC recovery.

    CLARITY Act Vote

    Senate Majority Leader John Thune, speaking through a spokesperson, confirmed the floor vote has been delayed but said the measure is expected to be considered once the Senate returns after the August recess. Thune said Democrats remained opposed to holding a vote before the recess. “The Dems are insistent on no CLARITY vote… I worked with sponsors of the bill. Senator Lummis was great, and we’re getting that queued up first thing when we come back.”

    The legislation already passed the House in 2025 by a 294-134 vote and cleared the Senate Banking Committee 15-9 in May 2026. It seeks to establish clear jurisdictional lines between the SEC and CFTC and provide a market-structure framework for digital assets.

    ETF Inflows Recover

    According to SoSoValue data, Bitcoin spot ETFs saw a total net inflow of $128.69 million yesterday. The Bitcoin Spot ETF with the highest net inflow yesterday was BlackRock’s ETF IBIT, with a daily net inflow of $128.33 million. The Bitcoin Spot ETF with the highest net outflow yesterday was VanEck’s ETF HODL, with a daily net outflow of $32.77 million. The total net asset value of Bitcoin Spot ETFs is $78.77 billion, with an ETF net asset ratio of 6.09%. The historical cumulative net inflow has reached $52.08 billion. This marks the fourth consecutive session of inflows totaling $754.69 million.

    Technical Structure

    Bitcoin has also previously bottomed out or made notable rallies in the September-October window after summer weakness. October could be a probable turning point as prices hover above $60,000-$62,000, and on-chain sentiment is near realized-price bottoms, with valuations on the rise and ETF interest returning.

    Bitcoin trades above $64,250 on Friday with a mild bearish near-term bias as BTC holds below the 50-day Exponential Moving Average (EMA) at $64,584, followed by $66,928, the 100-day EMA and the 200-day EMA at $72,410. The Relative Strength Index (RSI) stood at 51.88, which is relatively close to the neutral zone, while the Moving Average Convergence Divergence (MACD) indicator is near the zero level with a slightly negative value, suggesting lower bullish momentum.

    Immediate resistance is found at the 50-day EMA at $64,584, followed by the 100-day EMA at $66,928. On the downside, immediate support is seen near $64,004. A daily close below this level could increase the possibility of a deeper corrective phase.

    Frequently Asked Questions

    1. Why is Bitcoin trading below its all-time high?

    Bitcoin is trading around 49% below its October 2025 peak, driven by macroeconomic uncertainty, reduced risk appetite, profit-taking, and tighter monetary conditions. Despite the correction, institutional demand has remained relatively resilient through spot ETFs.

    2. How could the CLARITY Act affect Bitcoin’s price?

    If passed, the CLARITY Act could establish clearer regulatory rules for digital assets in the US by defining the roles of the SEC and CFTC. Greater regulatory certainty may encourage institutional participation and improve investor confidence.

    3. Are Bitcoin ETF inflows a bullish signal?

    Yes. Spot Bitcoin ETFs have recorded four consecutive sessions of net inflows totaling nearly $755 million, indicating continued institutional interest. Sustained inflows often support market liquidity and can strengthen long-term price trends.

    4. What technical levels should Bitcoin traders watch?

    Bitcoin faces immediate resistance near the 50-day EMA around $64,584, followed by the 100-day EMA near $66,928. On the downside, $64,004 remains the key support level, with a break below potentially leading to further weakness.

    5. When could Bitcoin begin its next recovery?

    Historically, Bitcoin has often staged meaningful recoveries during the September-October period following weaker summer performance. Continued ETF inflows, improving on-chain metrics, and regulatory developments could act as catalysts if broader market conditions remain supportive.

    Disclaimer: This article is provided for informational purposes and does not constitute investment advice. Cryptocurrencies are volatile and risky. Always conduct your own research before investing.

  • Bitcoin ETF Inflows Surge, CLARITY Act Delayed, Cardano Wallet Hack Triggers SecondFi Closure

    Bitcoin ETF Inflows Surge, CLARITY Act Delayed, Cardano Wallet Hack Triggers SecondFi Closure

    Bitcoin ETF Inflows Surge, CLARITY Act Delayed, Cardano Wallet Hack Triggers SecondFi Closure

    Spot Bitcoin ETFs recorded $128.69 million in fresh inflows on August 6, 2026, with BlackRock’s IBIT leading institutional demand. Meanwhile, the U.S. Senate postponed consideration of the CLARITY Act until September, extending regulatory uncertainty. In a separate development, Cardano wallet provider SecondFi announced its shutdown after a $2.4 million exploit affected hundreds of user wallets. Bitcoin mining giants MARA and CleanSpark also reported double-digit revenue declines.

    Bitcoin ETF Inflows Hit $128.69 Million

    According to SoSoValue, Bitcoin spot ETFs saw a total net inflow of $128.69 million yesterday. BlackRock’s IBIT led with a daily net inflow of $128.33 million, bringing its historical total to $61.09 billion. Morgan Stanley’s MSBT followed with $14.94 million in daily inflows, accumulating $429.07 million historically. On the outflow side, VanEck’s HODL saw $32.77 million leave the fund, with a historical net inflow of $1.10 billion. The total net asset value of Bitcoin spot ETFs now stands at $78.77 billion, representing an ETF net asset ratio of 6.09%, and the cumulative historical net inflow has reached $52.08 billion.

    CLARITY Act Delayed Until September

    The U.S. Senate will wait until September to consider the CLARITY Act after lawmakers failed to reach an agreement before the August recess. Senate Majority Leader John Thune stated that Democrats opposed a pre-recess vote and wanted further negotiations on the crypto market structure bill. The delay gives senators more time to address ethics rules, banking concerns, and other disputed provisions. The bill still requires enough bipartisan support to clear the Senate’s 60-vote threshold. The Senate entered its August break without taking up the Digital Asset Market Clarity Act (H.R. 3633). Republican leaders had sought a time agreement covering items before lawmakers left Washington.

    SecondFi Shuts Down After Cardano Hack

    Cardano wallet provider SecondFi is shutting down after a software vulnerability enabled hackers to steal approximately 16.1 million ADA (valued at about $2.4 million) from hundreds of user wallets. The breach affected 374 wallets after attackers exploited a flaw in SecondFi’s transaction-signing software that exposed sensitive cryptographic information. The company said the vulnerability has since been patched but confirmed it will permanently discontinue normal operations despite securing additional customer assets before they could be compromised.

    MARA and CleanSpark See Double-Digit Revenue Drops

    Bitcoin mining giants MARA Holdings and CleanSpark reported revenue declines amid higher operational challenges and an ongoing diversification toward high-performance computing. In Q2 2026, MARA generated $174.9 million compared to $238.5 million the previous year. The company attributed much of this result to a $343 million fair-value loss on its digital assets, bringing the final net loss for the period to $611.3 million. In the same quarter of the previous year, the firm had posted a net income of $808.2 million. CleanSpark reported revenues of $138.0 million at the close of its third fiscal quarter on June 30, down from $198.6 million in the prior comparable period. The financial statement reflected a fair-value loss on its Bitcoin holdings of $116.3 million, contributing to a total net loss of $239.8 million.

    Stripe-Owned Bridge Joins EU MiCA Register

    Bridge, the stablecoin infrastructure company owned by Stripe, has joined the EU’s MiCA register, increasing the number of authorized electronic money token issuers to 42 after securing regulatory approval in Luxembourg. According to the latest update from the European Securities and Markets Authority (ESMA), Bridge Building, the Luxembourg-based entity behind Bridge, has been added as an authorized electronic money token (EMT) issuer. The addition raises the number of MiCA-authorized EMT issuers in the European Union to 42. ESMA’s update also added three new crypto-asset service providers (CASPs) from Germany, bringing the total number of authorized CASPs across the bloc to 324.

    Frequently Asked Questions

    Why are Bitcoin ETF inflows important?

    Bitcoin ETF inflows indicate growing institutional participation in the crypto market. Consistent inflows generally reflect stronger investor confidence and can provide long-term support for Bitcoin prices.

    What is the CLARITY Act?

    The CLARITY Act is proposed U.S. legislation designed to establish clearer regulatory oversight for digital assets by defining the responsibilities of agencies such as the SEC and CFTC.

    What happened to SecondFi?

    SecondFi announced it would cease operations after hackers exploited a software vulnerability that resulted in the theft of approximately 16.1 million ADA, valued at around $2.4 million, from 374 wallets.

    Why did MARA and CleanSpark report lower revenue?

    Both Bitcoin mining companies were impacted by weaker mining economics and large fair-value losses on their Bitcoin holdings, leading to double-digit revenue declines and substantial quarterly net losses.

    What does Bridge joining the EU MiCA register mean?

    Bridge’s approval under the EU’s MiCA framework allows it to operate as an authorized electronic money token issuer. The move strengthens regulatory compliance for stablecoin infrastructure and expands Europe’s regulated crypto ecosystem.

  • Flare FXRP Lending Hits $1M in Hours as Bitwise XRP ETF Outflow Sparks Questions

    Flare FXRP Lending Hits $1M in Hours as Bitwise XRP ETF Outflow Sparks Questions

    Flare’s new FXRP/RLUSD lending market saw $1 million borrowed within hours of its launch, while a reported $3.58 million outflow from the Bitwise XRP ETF drew market attention. Available records do not confirm a bearish XRP trade by Bitwise.

    FXRP Lending Demand Quickly Absorbs Initial RLUSD

    FXRP became the first XRP-based collateral approved for Sentora’s institutionally curated RLUSD vault on Ethereum mainnet. The wider vault holds about $280 million in deposits. Flare launched the separate FXRP/RLUSD market with a 5 million RLUSD supply cap. It initially supplied 1 million RLUSD, which borrowers fully used within hours.

    Risk clearance has since approved an expansion of the supply cap to roughly 9 million RLUSD, providing additional capacity if demand continues. Around 150 million FXRP currently circulates across the market. About 34.5 million FXRP already serves as collateral on Mystic Finance, Flare’s native Morpho deployment.

    The Ethereum market operates separately through Sentora. Flare’s FTSOv2 oracle supplies FXRP pricing on Flare, while Sentora uses ChainlinkOracleV2 infrastructure on Ethereum. This structure allows XRP holders to access RLUSD liquidity without first selling their FXRP collateral.

    Bitwise XRP ETF Outflow Reflects Redemption Activity

    Separately, social media accounts reported a $3.58 million outflow from the Bitwise XRP ETF on August 6. The flow reportedly occurred during the August 5 session. Available data supports a net redemption rather than a confirmed directional trade by Bitwise. The trust holds XRP on behalf of shareholders.

    Authorized financial firms handle share creations and redemptions under the fund’s operating structure. Bitwise Investment Advisers sponsors the product. The ETF creates and redeems shares in blocks of 10,000 through authorized participants. Therefore, a net outflow means redemptions exceeded new share creation.

    Does that redemption prove Bitwise expects XRP prices to fall? Public records currently provide no evidence supporting that interpretation. A redemption may result from portfolio rebalancing, liquidity needs, arbitrage, or an investor’s risk decision.

    Fund Records Put Reported XRP Outflow in Context

    Bitwise’s official page showed 293.93 million XRP in the trust on August 4. Those assets carried a value of about $314.39 million. The fund also reported 26.31 million shares outstanding and net assets near $314.37 million. Its net asset value stood at $11.95 per share.

    However, the holdings page had not yet advanced to August 5 when checked. As a result, it could not confirm the reported $3.58 million reduction. The fund’s first-quarter filing also recorded earlier redemptions. It sold about 9.73 million XRP for share redemptions and transferred another 2.69 million XRP through in-kind redemptions.

    Despite those transactions, XRP holdings rose from 131.22 million at year-end to 194.90 million by March 31. Holdings later reached 293.93 million by August 4. XRP traded near $1.07 on August 6, according to supplied market data. Its 24-hour range stood between $1.05 and $1.08.

    The token remained about 70% below its July 2025 record of $3.65. Its market capitalization stood near $67 billion. Bitwise’s fund showed a year-to-date NAV return of negative 41.70% through July 30. Its NAV fell 0.76% on August 4.

    The next confirmation will come from changes in daily holdings, shares outstanding, and net assets. Later SEC filings can also separate cash sales from in-kind XRP redemptions.

    Conclusion

    Flare’s FXRP/RLUSD market recorded rapid borrowing demand, while Bitwise’s reported XRP ETF outflow reflected a redemption rather than a proven bearish trade. Updated Bitwise holdings and later SEC filings should provide clearer evidence about how the August 5 redemption settled.

    Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies are risky assets. Always do your own research before investing.

  • Bitcoin Steadies Near $64,800 as Ethereum Outshines Broader Crypto Market

    Bitcoin Steadies Near $64,800 as Ethereum Outshines Broader Crypto Market

    Bitcoin traded near $64,800 on Wednesday, supported by a six-day streak of inflows into spot Bitcoin ETFs, while Ethereum outpaced the broader market with a 2.08% gain. XRP also advanced, rising 1.90%, as investors rotated into large-cap altcoins.

    According to live data from CoinMarketCap, Bitcoin is currently trading at $64,806.54, up 0.79% over the past 24 hours. Its market cap stands near $1.3 trillion, with 24-hour trading volume at $22.47 billion. The price action remains tied to ETF demand and ongoing custody concerns stemming from the Coldcard exploit.

    Bitcoin Price Today

    Bitcoin holds near $64,800, staying range-bound between $64,000 and $65,000. Resistance sits at $65,000–$65,500, while support is near $64,000. A break above $65,000 could open a path toward $65,500, while a slip below $64,000 risks exposing support closer to $62,300.

    Analyst Insights

    CoinSwitch Markets Desk noted that BTC remained range-bound near $65,000 despite a risk-on tone across global markets. The S&P 500 extended its rally past 7,793 points, and gold jumped 2.8% to a six-week high near $4,213 an ounce. A sustained Bitcoin recovery may need stronger ETF inflows and softer Treasury yields.

    Prateek Gupta, Head of Business at Mudrex, said Bitcoin stayed inside its broad $64,000–$64,700 band. He noted that the S&P 500 closed above Bitcoin on relative performance for the first time since 2012. Long-term holders sold over 11,500 BTC this week.

    Nischal Shetty, founder of WazirX, said Bitcoin traded near $64,469, largely unmoved despite steady ETF demand. US spot Bitcoin ETFs added $211.5 million, while Ethereum ETFs drew $53.8 million in fresh inflows. CryptoQuant flagged renewed accumulation among large Bitcoin and Ethereum holders.

    Riya Sehgal, Research Analyst at Delta Exchange, said gold climbed to a seven-week high near $4,286 an ounce. Lower Treasury yields and renewed safe-haven demand drove the move. Bitcoin consolidated near $64,500, holding a constructive structure while staying above $64,000.

    Crypto Prices Today: Top 10 Coins at a Glance

    Live data sourced from CoinMarketCap as of today’s session.

    Biggest Gainers: ETH, XRP, BNB

    Ethereum led today’s session with a gain above 2%. XRP followed closely, adding nearly 1.90% through the day. BNB rounded out the top movers, supported by strong weekly momentum near 4.29%.

    Biggest Losers: Solana and Dogecoin Lag

    Solana and Dogecoin posted only marginal daily moves today. TRON stayed nearly flat, gaining just 0.12% through the session. Stablecoins USDT and USDC held their peg with barely any movement.

    Crypto News Today: Top Headlines Impacting Prices

    Coldcard Exploit Losses Widen Past $130 Million

    Galaxy Research now estimates at least 15 separate attackers are exploiting the Coldcard firmware flaw. Confirmed and suspected losses have climbed to roughly 2,055 BTC across more than 7,700 wallet addresses. Coinkite founder Rodolfo Novak apologized publicly and pledged support for affected users. Nearly 90% of the stolen Bitcoin remains untouched, suggesting attackers are holding funds rather than rushing to sell.

    Bitcoin ETFs Post a Clean Inflow Streak in August

    US spot Bitcoin ETFs have recorded zero outflow sessions so far this month, extending a six-day inflow run. BlackRock, Fidelity, and Franklin Templeton all added fresh Bitcoin exposure on August 3. Cumulative net inflows since launch have now crossed $52 billion across the fund complex. The streak follows an eight-week outflow stretch that had tested confidence in the broader ETF adoption story.

    Hashdex to Close Its Smallest Bitcoin ETF

    Hashdex confirmed it will close and liquidate the Hashdex Bitcoin ETF, trading under the DEFI ticker on NYSE Arca. Trading ends on August 17, with shareholders receiving cash payouts after liquidation. The fund held just $14.7 million in assets against BlackRock’s IBIT at over $47 billion. The closure highlights a growing gap between dominant issuers and smaller competitors in the ETF space.

    Bernstein Flags CLARITY Act Delay as a Risk Factor

    Bernstein warned that fading odds for CLARITY Act passage could pressure crypto prices as the Senate enters recess. Analysts said a failed vote may trigger an immediate negative market reaction. The firm still expects crypto markets to find a bottom and build momentum later this quarter. Policy uncertainty remains a key variable for institutional positioning heading into September trading sessions.

    Metaplanet Raises $137 Million for Its Bitcoin Treasury

    Japan’s Metaplanet confirmed a $137 million capital raise through third-party allotment to expand its Bitcoin holdings. The move follows a wider trend of public companies building corporate Bitcoin treasuries this year. Analysts see these raises as a steady demand source that runs independent of ETF flow data. Corporate accumulation in Asia continues to grow despite recent volatility across Bitcoin’s broader price structure.

    Coinbase Signals Doubts Over Senate Crypto Bill

    Coinbase indicated it may withdraw backing for the Senate’s crypto market structure bill over unresolved provisions. The exchange’s hesitation adds fresh uncertainty to an already fragile legislative timeline this month. Industry lobbying groups remain split as the bill faces recess deadlines and competing political priorities. A weaker industry coalition could complicate the bill’s passage chances ahead of the midterm election cycle.

    Investor and Market Outlook

    Bitcoin holds near $64,800 as steady ETF inflows offset lingering worries from the Coldcard exploit. A close above $65,000 could open a path toward stronger resistance near $65,500. A slip below $64,000 risks exposing support closer to $62,300.

    Ethereum and XRP remain the most responsive names to shifts in institutional risk appetite this week. Bitcoin’s next move hinges on ETF flow consistency and Senate action on the CLARITY Act. Coldcard-related fund tracing and corporate treasury announcements stand as key catalysts through the coming sessions.

    FAQs

    What is the Bitcoin price today? Bitcoin trades near $64,806.54, up 0.79% over the past 24 hours, holding steady above $64,700. Support sits close to $64,000, while resistance builds between $65,000 and $65,500 through the coming trading sessions this week.

    Why are Bitcoin ETFs seeing inflows this month? US spot Bitcoin ETFs have posted zero outflow days so far in August, extending a six-day inflow streak. BlackRock, Fidelity, and Franklin Templeton led fresh buying, pushing cumulative inflows past $52 billion since launch.

    What is the biggest crypto news today? The Coldcard exploit crossing $130 million and Bernstein’s CLARITY Act warning are shaping sentiment today. Hashdex’s ETF closure and Coinbase’s hesitation over the Senate bill add further caution across trading desks.

    Which coins are performing best today? Ethereum leads daily gains with a rise above 2%, followed closely by XRP near 1.90%. BNB also posted solid weekly momentum, while stablecoins stayed largely flat through today’s trading session.

    What should investors watch this week? Track the Senate’s recess deadline, CLARITY Act developments, and daily Bitcoin ETF flow data closely. Coldcard-related fund movements and fresh corporate treasury announcements could also shift near-term market positioning.

  • Bitcoin ETF Inflows Surge as Ether Funds Experience Outflows

    Bitcoin ETF Inflows Surge as Ether Funds Experience Outflows

    US spot crypto exchange-traded funds posted mixed flows on August 3, as Bitcoin products gained $170.09 million while Ether funds recorded $11.42 million in withdrawals. XRP funds also attracted modest demand, while HYPE products posted losses.

    Bitcoin Funds Reverse the Previous Session

    SoSoValue recorded 2,657 Bitcoin entering listed US funds during the session. The holdings carried an estimated value of $170.09 million. The inflow reversed Bitcoin funds’ July 31 performance. Those products lost 4,217 Bitcoin, worth about $265.37 million, during that earlier session.

    Still, two daily readings do not establish a lasting trend. Crypto ETF flows can shift quickly as institutions adjust positions, manage liquidity, or complete fund creations and redemptions.

    Ether Outflows Break from Bitcoin Demand

    Ether products moved in the opposite direction on August 3. SoSoValue recorded 5,805 Ether leaving US funds, with an estimated value of $11.42 million. The result reversed the July 31 reading, when Ethereum funds gained 4,834 Ether worth about $9.03 million. Therefore, Bitcoin demand recovered as Ether demand weakened.

    Could this split show that investors now assess each crypto asset separately instead of treating the market as one trade? The August 3 data showed clear asset-level differences. XRP products gained 1.06 million tokens worth nearly $1.15 million. Meanwhile, HYPE funds lost 17,770 tokens, valued at about $964,320.

    Funds linked to Solana, Chainlink, BNB, Avalanche, Polkadot, Dogecoin, and Litecoin also reported positive daily flows. However, the available data did not include complete dollar totals.

    ETF Mechanics Shape Daily Flow Figures

    BlackRock describes its iShares Bitcoin Trust ETF as a vehicle offering Bitcoin exposure through exchange-traded shares. Investors can gain access without managing wallets or direct custody. The SEC approved spot Bitcoin exchange-traded products in January 2024. Former Chair Gary Gensler said the decision covered listed products and did not represent approval of Bitcoin itself.

    In July 2025, the SEC allowed in-kind creations and redemptions through authorized participants. Commissioner Mark Uyeda said cash-only processing could create transaction costs and price slippage. In-kind processing allows qualifying institutions to exchange underlying assets directly for fund shares. As a result, daily flows can reflect institutional arbitrage, portfolio adjustments, and redemption activity.

    The SEC’s Division of Corporation Finance requires issuers to explain custody, valuation, creation, redemption, and material risks. These disclosures help investors compare products beyond one session’s totals.

    BlackRock also operates separate Ether products, including a staked Ether fund. Fees, liquidity, staking exposure, and portfolio rules can affect demand across similar Ethereum investment products. CoinShares recorded similar asset-level divergence earlier in 2026. Its May 5 report showed Bitcoin inflows alongside Ethereum withdrawals during uneven market conditions.

    Bitcoin funds led US crypto ETF activity on August 3 with $170.09 million in inflows, while Ether products lost $11.42 million. XRP funds posted smaller gains, and HYPE funds recorded withdrawals. The split followed opposite July 31 readings and reflected separate demand across listed crypto assets.