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Bitcoin spot ETFs recorded $424.66 million in net outflows, with Fidelity’s FBTC alone seeing $245.62 million withdrawn
Chainlink reached 900,000 wallets with balances on Ethereum, adding over 20,000 new holders
BitMine acquired 27,801 ETH worth $49 million, lifting its total holdings to nearly 5.77 million ETH
The crypto markets saw major developments as Bitcoin spot ETFs reported $424.66 million in net outflows, while Chainlink managed a new wallet milestone. BitMine acquired 27,801 ETH worth $49 million to expand its ETH treasury, and Progmat migrated over $3 billion in real-world assets to Avalanche.
According to SoSoValue, the Bitcoin spot ETFs saw a total net outflow of $424.66 million yesterday. The spot Bitcoin ETF with the highest net inflow yesterday was the Grayscale Bitcoin Mini Trust ETF BTC, with a daily net inflow of $53.38 million, and the total historical net inflow of $BTC currently stands at $2.55 billion.
The second highest was VanEck's ETF HODL, with a daily net inflow of $6.14 million, and the total historical net inflow of HODL currently stands at $1.14 billion.
The Bitcoin Spot ETF with the highest net outflow yesterday was Fidelity's ETF FBTC, with a daily net outflow of $245.62 million, and the total historical net inflow of FBTC currently stands at $9.90 billion.
The total net asset value of Bitcoin Spot ETFs is $74.79 billion, with an ETF net asset ratio of 5.99%. The historical cumulative net inflow has reached $50.85 billion.
US government-linked wallets transferred approximately $297 million in seized Bitcoin and Ethereum to Coinbase Prime on July 13.
On-chain data from Arkham Intelligence showed a Bitcoin deposit worth around $8.8 million, followed several hours later by a larger batch valued at approximately $288.3 million.
Combined, the transfers involved 3,940.7 BTC worth roughly $244 million and 30,007 ETH valued at approximately $53.09 million.
Also Read: Bitcoin Price Analysis: What’s Next for Bitcoin? Here are the Two Scenarios
Chainlink registered a peak of 900,000 wallets with a balance on the Ethereum network, representing a historic milestone for the oracle network.
Analytics data confirms that more than 20,000 new holders joined over the past month, demonstrating steady accumulation by investors even though altcoin prices remain suppressed in the current market.
The increase in the user base coincides with the expansion of its Cross-Chain Interoperability Protocol (CCIP) and real-world asset tokenization efforts by global financial institutions.
As technical adoption progresses, the next key step for LINK will depend on the recovery of the overall cryptocurrency market momentum to reflect this fundamental growth in its price.
BitMine Immersion Technologies added another $49 million worth of ETH to its stash last week, acquiring 27,801 ETH.
The firm now holds 5,770,038 ETH, nearly 4.8% of the token's circulating supply, valued at around $10.1 billion as Ethereum trades around $1,780 on Monday.
BitMine's latest purchase comes amid a strong week for the underlying Ethereum network, according to its chairman, Tom Lee, who pointed to the strong public debut for Robinhood's Ethereum layer-2 network, Robinhood Chain.
"One of the biggest crypto success stories in 2026 is the breakaway success of the Robinhood Chain L2 mainnet on July 1, built on Arbitrum," said Lee in a statement.
The Japanese firm Progmat announced the successful migration of all its active projects, valued at more than $3 billion in real-world assets (RWA), to the Avalanche public network.
This infrastructure transition was completed under the “Project Keystone” initiative without causing operational disruptions for the large financial institutions using the service.
Progmat validates the efficiency of public networks and reports transfer speeds up to five times faster. The integration arrives at a key moment of policy reforms in Japan that seek to enable crypto ETFs.
It is expected that by the end of 2026, Progmat will collaborate with BlackRock Japan in a consortium focused on the issuance of state bonds on public blockchains.
Also Read: Ethereum Price Outlook: Sell Signal Points to Potential Drop Toward $1,500
1. How much outflow did Bitcoin spot ETFs record?
Bitcoin spot ETFs recorded total net outflows of $424.66 million. Fidelity’s FBTC saw the largest daily outflow at $245.62 million, while Grayscale Bitcoin Mini Trust led inflows.
2. Why is Chainlink’s wallet growth important?
Chainlink reaching 900,000 wallets shows rising user adoption and steady holder accumulation. The growth comes as Chainlink expands CCIP and real-world asset tokenization use cases.
3. How much ETH did BitMine buy?
BitMine acquired 27,801 ETH worth around $49 million. The company now holds nearly 5.77 million ETH, equal to roughly 4.8% of Ethereum’s circulating supply.
4. What did the US government transfer to Coinbase?
US government-linked wallets moved about $297 million in seized crypto to Coinbase Prime. The transfers included 3,940.7 BTC and 30,007 ETH, according to on-chain data.
5. Why is Progmat’s Avalanche migration significant?
Progmat migrated more than $3 billion in real-world assets to Avalanche under Project Keystone. The move highlights growing institutional use of public blockchains for tokenized financial assets.
