U.S. spot Bitcoin ETFs recorded $170.1 million in net inflows on August 3, while spot Ethereum ETFs saw $11.9 million in net outflows.
Bitcoin moved back toward $64,000 as traders looked past recent Strategy Bitcoin sales and the ongoing Coldcard-related wallet concerns, while broader risk appetite improved on renewed Iran deal hopes.
Coldcard-related Bitcoin losses remained in focus after Galaxy Research estimated that the exploit could reach $130 million, keeping hardware wallet security and self-custody risk at the center of market discussions.
Mastercard completed its $1.8 billion BVNK acquisition, strengthening its stablecoin payments infrastructure and signaling continued institutional investment in blockchain-based settlement.
The Blockchain Association pushed back against claims from the National Sheriffs’ Association as the CLARITY Act entered a pivotal week, keeping U.S. crypto market-structure regulation in focus.
Bitcoin is trading around $64,002, while Ethereum is trading around $1,874.
The Fear and Greed Index stands at 25, indicating extreme fear in market sentiment.
