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Crypto News Today: Bitcoin Inflows, Strike Launches BTC Loan, and CASHCAT Jumps 718%

Crypto News Today: Bitcoin ETF Inflows Hit $21M, Strike Launches BTC Loan, CASHCAT Surges 718%, Crypto Hacks Fall and Solana RWA Volume Rises

Written By : Bhavesh Maurya
Reviewed By : Achu Krishnan

Overview:

  • Bitcoin spot ETFs recorded $21.44 million in net inflows, with BlackRock’s IBIT leading inflows at $54.80 million

  • Strike introduced a BTC-backed loan product that removes margin calls and price-based liquidations

  • CASHCAT jumped more than 718% in 24 hours, lifting its market capitalization above $68 million 

The crypto market saw major developments as Bitcoin spot ETFs recorded $21 million in inflows, while Strike introduced a Bitcoin-backed loan product, and meme token CASHCAT surged over 718%. Also, crypto hack losses declined year-on-year and Solana’s tokenized asset activity continued to expand. 

Bitcoin Witnessed $21 Million in Inflows

According to SoSoValue, the Bitcoin spot ETFs saw a total net inflow of $21.44 million yesterday. The Bitcoin Spot ETF with the highest net inflow yesterday was BlackRock's ETF IBIT, with a daily net inflow of $54.80 million, and the total historical net inflow of IBIT currently stands at $60.26 billion. 

The Bitcoin Spot ETF with the highest net outflow yesterday was Fidelity's ETF FBTC, with a daily net outflow of $24.92 million, and the total historical net inflow of FBTC currently stands at $10.23 billion. 

The total net asset value of Bitcoin spot ETFs is $77.26 billion, with an ETF net asset ratio of 6.05%. The historical cumulative net inflow has reached $51.37 billion.

Strike Unveils Bitcoin Loan

Strike launched a new Bitcoin-backed loan to solve forced liquidations during periods of extreme market volatility. 

The company's latest offering removes margin calls and price-based liquidations entirely and allows customers to keep their Bitcoin collateral even if Bitcoin experiences a sharp decline. 

However, this added protection comes at a cost. Borrowers now face higher interest rates, a shorter repayment period, and strict repayment requirements.

The loans offer a maximum 45% loan-to-value ratio and six-month terms, with interest rates ranging from approximately 10.7% to 14.2%. While Bitcoin price declines will not trigger liquidation, borrowers must make repayments on time or risk losing their collateral.

Also Read: Bitcoin Price Faces $64,000 Resistance While Holding Above $60,000 

CASHCAT Jumps 718%

CASHCAT, a meme token that operates on Robinhood’s newly introduced Layer 2 blockchain, has grown by more than 718% in just 24 hours, resulting in a market capitalization of over $68 million, according to CoinMarketCap DexScan on July 8.

The price of the token stabilized near $0.08365, with a price increase of 962.81% since the tracking first started, with a liquidity volume of about $2.6 million. CoinMarketCap lists the token as unverified, while its social media channels are marked as third-party.

Blockchain tracker Lookonchain flagged a wallet ending in 0xDE4C that turned $838 into over $1 million. The trader bought 15.04 million CASHCAT tokens about 20 days ago. Selling 13.5 million for a 

profit of about $917,600. The remaining 1.5 million tokens are worth about $133,700 at current prices. 

Crypto Hacks Fell 47% in H1 2026

Losses from crypto exploits fell 46.8% year-on-year to $1.32 billion in the first half of 2026, according to security firm CertiK. 

Second-quarter exploit losses rose 59% from the previous quarter to $807.5 million, and attacks grew more frequent and more damaging for each event. CertiK said the lower total does not signal a safer market.

Blockchain intelligence firm TRM Labs recorded 207 crypto hacks in the first half, more than double the 83 incidents it logged a year earlier. That count is the highest TRM has measured across any six months. 

Smart contract exploits made up 125 incidents, or 60% of the total, yet caused limited financial damage. TRM found that infrastructure and operational compromises were about 15% of incidents but roughly 76% of losses. 

Solana’s Tokenized Assets Hit $8.7 billion

In its latest report, updated as of July 6, 2026, the RWA.xyz platform reveals that the transfer volume of Solana’s tokenized assets more than doubled previous records amid higher circulation on the blockchain. 

The total value of assets distributed on the network also increased by 36.27% during the same period, reaching $3.48 billion. 

In parallel, internal metrics from the technological infrastructure itself revealed a similar behavior in secondary markets. 

Network data indicated that the spot volume of tokenized assets on decentralized exchanges grew from $2.69 billion in the first quarter of 2026 to $5.7 billion during the second quarter of the year. 

Also Read: Why Ethereum Could Fall Further After a 22% Monthly Decline 

FAQs:

1. How much inflow did Bitcoin spot ETFs record?

Bitcoin spot ETFs recorded total net inflows of $21.44 million. BlackRock’s IBIT saw the highest inflow at $54.80 million.

2. What is Strike’s new Bitcoin loan product?
Strike launched a Bitcoin-backed loan that removes margin calls and price-based liquidations. Borrowers can access loans with up to 45% loan-to-value and six-month terms.

3. Why did CASHCAT gain attention?

CASHCAT surged more than 718% in 24 hours and reached a market capitalization of over $68 million. A wallet reportedly turned $838 into more than $1 million through the token.

4. Did crypto hacks decline in 2026?

According to CertiK, crypto exploit losses fell 46.8% year-on-year to $1.32 billion in the first half of 2026. However, TRM Labs reported that the number of incidents more than doubled.

5. What happened with Solana tokenized assets?

Solana’s tokenized asset activity expanded strongly, with total distributed assets rising 36.27% to $3.48 billion. DEX spot volume for tokenized assets also increased to $5.7 billion in Q2.

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