Crypto News Today: Bitcoin Inflow, Solana Proposal May Cut Issuance, Zcash Jumped 16%

Crypto News Today: Bitcoin ETFs Add USD 730.87 Million as Solana Eyes Lower Issuance and Zcash Jumps 16%
Crypto News Today: Bitcoin Inflow, Solana Proposal May Cut Issuance, Zcash Jumped 16%
Written By:
Bhavesh Maurya
Reviewed By:
Achu Krishnan
Published on
Updated on

Overview:

  • Bitcoin spot ETFs recorded USD 730.87 million in daily net inflows, led by BlackRock’s IBIT with USD 453.96 million.

  • Solana governance proposals could reduce future SOL issuance by about 18.9 million tokens over six years if implemented.

  • Zcash jumped around 16%, while crypto hack losses reached roughly USD 1.3 billion during the first half of 2026.

The crypto market saw major developments as spot Bitcoin ETFs recorded USD 730.87 million in net inflows, while Solana validators' proposal could cut SOL issuance. Also, Zcash jumped 16% and Binance denied that a system error caused over USD 5 million in alleged trader losses.

Bitcoin Witnessed USD 730.87 Million in Inflows

According to SoSoValue, the Bitcoin spot ETFs saw a total net inflow of USD 730.87 million yesterday. 

The Bitcoin spot ETF with the highest net inflow yesterday was BlackRock's IBIT, with a daily net inflow of USD 453.96 million, and the total historical net inflow of IBIT currently stands at USD 63.94 billion. 

The second-highest was Ark Invest and 21Shares's ETF ARKB, with a daily net inflow of USD 137.74 million. The Bitcoin Spot ETF with the highest net outflow yesterday was VanEck's ETF HODL, with a daily net outflow of USD 19.58 million. 

The total net asset value of Bitcoin Spot ETFs is USD 103.34 billion, with an ETF net asset ratio of 6.32%. The historical cumulative net inflow has reached USD 55.44 billion.

Solana Proposal Could Cut Issuance

Solana validators have been considering two governance proposals that could sharply reduce future SOL issuance by accelerating disinflation and increasing the amount of network fees permanently burned.

The proposals, associated with SIMD-0550 and SIMD-0553, could alter Solana’s supply trajectory for years if implemented.

Modeling cited by CryptoNews estimates that the changes could result in about 18.9 million fewer SOL being issued over six years. At prevailing valuations used in the analysis, that reduction would be worth roughly USD 1.4 billion to USD 1.5 billion.

Also Read: What Solana’s 5.2 Billion August Transactions Say About Blockchain Adoption

Zcash Jumps 16%

Zcash around 16%, the token climbed from the low-USD 800s toward USD 950, with the latest chart showing a peak at USD 953. That level is now the immediate resistance to watch, as a clean break and close above it would put the psychological USD 1,000 mark firmly in focus.

The rally also has two important levels under it. The first is USD 850, which could provide near-term support if ZEC pulls back modestly. Below that sits USD 815, the more important structural base where the price previously consolidated before the latest advance.

Binance Denied Allegation of System Error

Binance has denied that a system or pricing failure caused more than USD 5 million in alleged trader losses as the AKEUSDT perpetual contract surged from about USD 0.0076 to nearly USD 0.045 on September 3.

X user xunlu alleged that more than 30 funding-rate arbitrage positions on Binance were liquidated within minutes at around 5:44 am on September 3. The trader estimated the losses at more than 5 million USDT.

Responding to the complaint, Binance Customer Support said AKE recorded large price swings across several exchanges and on-chain markets during the same period. The exchange attributed the liquidations to market conditions and rejected the claim that a technical problem on its platform caused the losses.

DeFi Lost USD 1.3 Billion

Eight months into the year, and the crypto industry has already replayed the same failure mode enough times to fill a textbook. CertiK’s Hack3d H1 2026 report and Forbes both put total crypto hack losses at USD 1.3 billion through the first half of the year. 

TRM Labs arrived at a similar figure, noting that losses were trending just below the USD 1 billion mark for DeFi alone. The rekt.news leaderboard, which tracks individual exploits above USD 3 million, lists more than 30 incidents from 2026 so far, with the top two alone accounting for USD 575 million.

Also Read: Ethereum ETF Inflows: What They Mean for Institutional Demand

FAQs:

1. How much did Bitcoin spot ETFs receive in net inflows?

Bitcoin spot ETFs recorded USD 730.87 million in total net inflows. BlackRock’s IBIT led with USD 453.96 million.

2. How could Solana’s proposals affect SOL supply?

SIMD-0550 and SIMD-0553 could accelerate disinflation and increase fee burning. Modeling suggests around 18.9 million fewer SOL may be issued over six years.

3. How high did Zcash rise?

Zcash climbed about 16% and reached a recent peak near USD 953. A sustained move above that level could bring USD 1,000 into focus.

4. What did Binance say about the AKEUSDT losses?

Binance denied that a system or pricing error caused the alleged losses. It said the liquidations were driven by sharp market moves seen across exchanges and on-chain markets.

5. How much has crypto lost to hacks in 2026?

Industry estimates cited in the article put crypto hack losses at around USD 1.3 billion in the first half of 2026. DeFi-related losses alone were trending close to USD 1 billion.

Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp

                                                                                                       _____________                                             

Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be risky, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.

logo
Artificial Intelligence News & Cryptocurrency News: Latest Trends | Analytics Insight
www.analyticsinsight.net