A bitcoin logo (Marco Bello/Getty Images)

Bitcoin ETFs see $1.7 billion in inflows this week

Bitcoin’s price is also bouncing back, passing $116,000 for the first time since August 22.

9/12/25 10:28AM

Bitcoin ETFs finally turned a corner this week, recording their fourth consecutive day of inflows. The funds registered $1.7 billion in inflows since Monday, according to SoSoValue data. Yesterday, iShares Bitcoin Trust took the lion’s share, with $366.2 million in inflows. Meanwhile, bitcoin crossed the $116,000 mark yesterday for the first time since August 22.

In other bitcoin news:

Bitcoin’s single-day hash rate — the computing power used by a blockchain — hit an all-time high of “1.12 billion TH/s [terahashes per second] on Tuesday,” per Decrypt.
South Korea’s newly launched BitPlanet completed its acquisition of SGA for $50 million, aiming to become one of the 10th-largest global bitcoin treasuries.
Benchmark reiterated its “buy” rating of bitcoin miner Canaan, noting that the guidance it offered in its second-quarter earnings report is in the $125 million to $145 million range, “which would represent sequential growth of 25% to 45%.” In addition, Benchmark analyst Mark Palmer said the US tariffs impacted the miner early this year but that it quickly pivoted its efforts stateside.
Bitcoin miner Bitdeer announced its August production, saying it mined 375 bitcoin, a 33% month-over-month increase, “due to higher average self-mining hashrate from energization of SEALMINERs.” The company also increased its bitcoin holdings to 1,934 from 1,667 in July.

Yaël Bizouati-Kennedy

26m

Bitcoin is “caught between flow deterioration and macro relief”

Sage D. Young24h

Crypto market snaps back as sentiment lifts, with altcoins from ethereum to XRP soaring

The market capitalization of the crypto industry has jumped around $83.2 billion in the last 24 hours, with privacy-focused token Zcash and worldcoin, the native cryptocurrency of the network backed by OpenAI CEO Sam Altman, leading market gains, jumping over 22%.

But the last 24 hours have been good across the board:

Ethereum has increased more than 9% to trade above $1,800, amid BitMine Immersion Technologies acquiring $139.2 million worth of ethereum.
XRP and solana have rebounded from multiyear lows, each rising roughly 10%.
HYPE has bounced up 12%.
Dog-based memecoins dogecoin and shiba inu have chased gains of more than 4%.

“Investors have been eager to see some positive signs around the Iranian conflict ending, coupled with hopeful outlooks around the CLARITY act, both breathing some life into assets,” Kairos Research cofounder Ian Unsworth told Sherwood News.

Simon Shockey, a crypto strategist at crypto wallet infrastructure firm Privy, said the upswing stems from several things converging. He pointed to how alt markets broadly were “very oversold” following the bug found in Zcash that shook confidence.

Friday, Zcash founder Zooko Wilcox said Anthropic didn’t find any more serious bugs with the Zcash protocol after Shielded Labs requested the AI firm run a security audit of the network with Mythos.

Shockey added that the pool of willing sellers has dwindled. “Even if structurally, AI is a much more compelling and asymmetric bet in the eyes of allocators, many of these crypto assets have simply run out of marginal sellers despite some shorter-term narrative-driven pumps. The only people left to sell at this point are the teams themselves and VCs.”

“Net-net: oversold conditions plus exhausted seller bases plus a macro backdrop that’s stabilized equals a snapback, especially in names that have real usage or community conviction behind them,” Shockey told Sherwood.

Yaël Bizouati-Kennedy

6/15/26

Bitcoin hits highest level in 2 weeks following news of Iran deal

Bitcoin crossed $66,500 Monday morning as the broad crypto market welcomed the return of a risk-on mood.