U.S. spot Bitcoin ETFs recorded $11.6 million in net outflows on July 27, while spot Ethereum ETFs attracted $11.7 million in net inflows.
Bitcoin slipped after the U.S. close as broader risk appetite weakened, with Korean equities falling sharply and markets turning cautious ahead of this week’s Fed interest rate decision.
The U.S. Senate postponed near-term progress on the CLARITY Act as lawmakers focused on other priorities, while New York Attorney General Letitia James warned that the bill could weaken state-level crypto fraud enforcement.
Crypto security risks remained in focus after SparkKitty malware was found in mobile apps, scanning users’ photo galleries for crypto wallet seed phrases and raising concerns over wallet safety on both iOS and Android.
Hong Kong’s central bank said local lenders remain underprepared for quantum-computing risks, highlighting cybersecurity concerns as the city continues to push tokenization and digital-asset infrastructure.
Bitcoin is trading around $63,382, while Ethereum is trading around $1,878.
The Fear and Greed Index stands at 29, indicating fear in market sentiment.
