US spot Bitcoin ETFs recorded $61.53 million in net outflows, although BlackRock’s IBIT still attracted nearly $86.9 million in weekly inflows.
Researchers flagged a possible fourth exploit wave after more than 380 BTC moved from hundreds of suspected victim addresses.
Smarter Web Company added 11.89 BTC and the CLARITY Act remained absent from the Senate schedule.
The crypto markets saw major developments as spot Bitcoin recorded a $61.53 million in net outflows last week, while BitGet withdrew operations from Japan. Also, Smarter Web Company added 11.89 BTC to its treasury, and the CLARITY Act faces a Wednesday Deadline.
According to SoSoValue, during last week’s trading days, spot Bitcoin ETFs had net outflows of $61.53 million.
The spot Bitcoin ETF with the largest weekly net outflow last week was Fidelity’s ETF FBTC, with a weekly net outflow of $85.18 million; FBTC’s cumulative historical net inflows currently amount to $9.92 billion.
The next was Grayscale’s Bitcoin Trust GBTC, with a weekly net outflow of $52.6275 million. The spot Bitcoin ETF with the largest weekly net inflow last week was BlackRock’s ETF IBIT, with a weekly net inflow of $86.9022 million.
The total net asset value of spot Bitcoin ETFs was $76.29 billion; the ETF net asset ratio reached 6.04%, and cumulative historical net inflows have reached $51.32 billion.
Bitget, a Seychelles-registered cryptocurrency exchange offering copy trading and futures trading services, is withdrawing from the Japanese market, according to a notice published on August 3, 2026.
The move follows increasing regulatory pressure in Japan, where crypto-asset service providers must register with the Financial Services Agency (FSA) to serve local users.
According to the notice, Bitget immediately stopped accepting new registrations from users based in Japan.
Existing users identified as potential Japanese residents have until November 1, 2026, to complete Level 2 identity verification (KYC), including proof of address, to demonstrate that they are not subject to the restriction.
Galaxy Research head Alex Thorn warned early Monday that a fourth co-ordinated attack wave is likely targeting Coldcard users.
The random number generator (RNG) exploit has been linked to 1,367.05 Bitcoin (BTC) from 4,585 addresses across three confirmed waves. A verified fourth wave would push totals higher.
Thorn identified 218 transactions between blocks 960,778 and 960,792, moving over 380 BTC from 462 suspected victim addresses to 210 fresh destinations. Sweeps ran at 13.8 per block, roughly 45 times the pre-incident rate of 0.3.
“These are LIKELY Coldcard victims; they match the shape of Coldcard vulnerable UTXOs, and the elevated transaction pattern gives me high confidence they are another wave of attacks,” Thorn said.
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The Smarter Web Company has increased its Bitcoin treasury by acquiring another 11.89 BTC, taking its total holdings to 2,712 BTC.
According to BitcoinTreasuries.NET, the company completed the latest purchase of 11.89 Bitcoin, lifting its corporate treasury to 2,712 BTC and moving it to 28th place in the Bitcoin 100 ranking of public companies holding the asset.
The update also places the company at No. 28 in the global Bitcoin 100 corporate treasury rankings, up from earlier positions it occupied as its holdings expanded through regular purchases over the past year.
In July, The Smarter Web Company announced it had repaid its $11.7 million Smarter Convert instrument nearly two weeks before maturity by selling 177.8909127 BTC at an average price of $65,762 per coin.
The CLARITY Act was absent from the US Senate’s published schedule for Monday, Aug. 3, leaving lawmakers with only days to begin floor proceedings before the chamber’s summer break.
The official Monday schedule lists a 5:30 pm vote on cloture for the motion to proceed to H.R. 6500, a vehicle for a continuing resolution.
It includes no scheduled action on H.R. 3633, the Digital Asset Market Clarity Act. The Senate’s cloture ledger, updated through July 31, also records the July 30 filing for H.R. 6500 but no CLARITY Act petition. The absence does not formally block the crypto market-structure legislation.
However, it leaves Senate leaders without a publicly confirmed vehicle before the Senate begins its state work period on Aug. 10. That break is scheduled to run through Sept. 11.
Also Read: Ethereum Price Falls as ETH Faces Liquidations and Tests Crucial Support Levels
According to SoSoValue, US spot Bitcoin ETFs recorded $61.53 million in weekly net outflows. Fidelity’s FBTC and Grayscale’s GBTC led withdrawals, while BlackRock’s IBIT posted the strongest inflow.
Bitget is withdrawing because Japan requires crypto-asset service providers to register with the Financial Services Agency. The exchange stopped new registrations and asked existing users to complete additional KYC checks.
A suspected random-number-generator vulnerability has been linked to several coordinated attack waves affecting Coldcard users. The latest suspected wave moved more than 380 BTC from hundreds of potentially compromised addresses.
The company added 11.89 BTC, raising its total treasury to 2,712 BTC. This placed it 28th among publicly listed companies ranked by corporate Bitcoin holdings.
The bill was missing from the Senate’s published schedule, leaving limited time for action before the summer break. Further delays could push consideration until after the Senate reconvenes in September.