Bitcoin spot ETFs recorded $1.79 billion in weekly outflows, with BlackRock’s IBIT reporting $1.303 billion in net withdrawals
Sharplink bought $62.4 million worth of ETH after an eight-month pause, even as Ethereum remained down 22.8% month-on-month
USDT0 surpassed $100 billion in cumulative transaction volume within 530 days of launch
The crypto market saw major developments as Bitcoin spot ETFs reported a $1.79 billion weekly outflow, while Sharplink acquired $62.4 million in ETH. USDT0 crossed the $100 billion mark in transactions, and TRON accounts pushed past 390 million.
According to SoSoValue, the Bitcoin spot ETFs saw a net outflow of $1.79 billion during the past trading week.
The Bitcoin spot ETF with the largest net outflow last week was BlackRock's ETF IBIT, with a weekly net outflow of $1.303 billion.
Following closely was Fidelity's ETF FBTC, with a weekly net outflow of $315 million, and FBTC's total historical net inflow is currently $10.14 billion.
The Bitcoin spot ETF with the largest net inflow last week was Grayscale Bitcoin Mini Trust $BTC, with a weekly net inflow of $71.701 million.
The total net asset value of Bitcoin spot ETFs is $72.82 billion, the ETF net asset ratio has reached 6.08%, and the cumulative historical net inflow has reached $51.61 billion.
Tether-backed stablecoin USDT0 has surpassed $100 billion in cumulative transaction volume, marking a major milestone for cross-chain digital asset infrastructure by late last week, according to an analytics website.
This reinforces the growing role of stablecoins in global payments, institutional finance and emerging artificial intelligence applications.
Blockchain data released Wednesday showed USDT0 crossing the $100 billion threshold less than 530 days after its January 2025 launch, making it one of the fastest-growing stablecoin networks in the cryptocurrency industry.
Developed by Everdawn Labs, USDT0 is backed one-to-one by Tether’s USDT and was designed to allow users to move a unified version of the world’s largest stablecoin seamlessly across multiple blockchain ecosystems.
Also Read: Can Bitcoin Whales Save BTC After $4.06 Billion in ETF Outflows?
Sharplink acquired a total of $62.4 million worth of Ethereum since Thursday, resuming accumulation after an eight-month pause.
On-chain data from Arkham showed the crypto treasury company bought 5,000 ETH on Thursday, followed by another 5,000 ETH on Friday worth $7.9 million, and then acquired 29,196 ETH worth $46.7 million across three over-the-counter transactions on Saturday.
The purchases occurred as Ethereum was down 22.8% month-on-month and nearly 50% since the start of the year. Separately, US spot Ether ETFs recorded their seventh week of outflows last week, totaling $12.9 million.
TRON’s total activated accounts reached 390,243,569, surpassing 390 million, according to Tronscan data.
According to ChainCatcher, the metric represents the total number of activated account addresses on the TRON network. The data also showed that TRON’s total transaction count exceeded 14.5 billion.
The network’s total value locked (TVL) was above $25.4 billion, while the total on-chain stablecoin market capitalization exceeded $90.4 billion.
According to a ChosunBiz report, Kiwoom and Bithumb are discussing a third-party share allocation under which the exchange would issue new shares for Kiwoom to buy.
The report added that both sides are still negotiating the size of the investment and the percentage stake, with no final terms agreed. The proposed investment would add another major financial institution to South Korea’s digital asset sector as Hana Bank, one of the country’s four largest banks, disclosed plans last month to acquire a $670 million stake in Dunamu, the operator of Upbit.
Local media later reported that three Samsung affiliates would purchase about $407.7 million worth of Dunamu shares, securing a combined 4% ownership interest.
Also Read: Ethereum News Today: ETH Nears $1,500 as Exchange Inflows Intensify Sell-Off
1. How much outflow did Bitcoin spot ETFs record last week?
According to SoSoValue, Bitcoin spot ETFs recorded $1.79 billion in net outflows during the past trading week. BlackRock’s IBIT saw the largest weekly outflow at $1.303 billion.
2. Which Bitcoin ETF saw the largest inflow last week?
Grayscale Bitcoin Mini Trust recorded the highest weekly inflow among Bitcoin spot ETFs.
The fund saw net inflows of $71.701 million during the week.
3. How much Ethereum did Sharplink buy?
Sharplink bought $62.4 million worth of Ethereum after resuming accumulation following an eight-month pause. The purchases included 5,000 ETH on Thursday, another 5,000 ETH on Friday, and 29,196 ETH on Saturday.
4. What milestone did USDT0 achieve?
USDT0 crossed $100 billion in cumulative transaction volume within less than 530 days of its January 2025 launch. The stablecoin is backed one-to-one by Tether’s USDT and supports cross-chain digital asset transfers.
5. How many TRON accounts are active now?
According to Tronscan data, TRON’s total activated accounts reached 390,243,569, crossing the 390 million mark.
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