During the completed week ending July 31, U.S. spot Bitcoin ETFs recorded $61.5 million in net outflows, while spot Ethereum ETFs attracted $10 million in net inflows.
Bitcoin fell below $63,000 as weak risk appetite continued after the Fed’s hawkish rate hold, while security concerns around the Coldcard wallet exploit added pressure to market sentiment.
Coldcard-related Bitcoin losses reportedly climbed toward $89 million after a suspected fourth attack wave swept another 448 BTC, raising fresh concerns over hardware wallet security and self-custody risk.
The SEC kept Nasdaq’s Bitcoin options approval on hold after granting CME’s request for review, delaying another potential regulated Bitcoin derivatives product in the U.S. market.
South Korean stablecoin outflows reportedly topped $367 million in June, keeping stablecoin oversight in focus as lawmakers continue to debate digital-asset rules.
Bitcoin is trading around $62,672, while Ethereum is trading around $1,853.
The Fear and Greed Index stands at 28, indicating fear in market sentiment.
