Over the Aug. 10-14 week, U.S. spot Bitcoin ETFs recorded $385.2 million in net outflows, while spot Ethereum ETFs recorded $3.0 million in net outflows.
Goldman Sachs said a September Fed rate hike is now “very unlikely” after weaker recent U.S. data, easing some pressure on risk assets, while Bitcoin stayed near $63,500.
The OCC granted preliminary conditional approval for World Liberty Trust Company to establish a national trust bank tied to USD1 stablecoin operations, keeping stablecoin regulation and crypto banking access in focus.
Israel’s Bank Leumi partnered with Galaxy Digital to offer Bitcoin, Ethereum and Solana trading through its investment app, with the service expected to launch in early 2027 pending regulatory approval.
SafePal disclosed a data breach affecting nearly 40,000 customers’ order information, adding to recent security concerns around hardware wallet providers.
Bitcoin is trading around $63,350, while Ethereum is trading around $1,893.
The Fear and Greed Index stands at 31, indicating fear in market sentiment.
