Market Brief: ETF Inflows Meet Security Alarms

Regulated crypto exposure is drawing strong capital even as operational security failures and criminal cases underline persistent risks across the market. AI infrastructure also continued to pull capital away from legacy mining economics.

• U.S. spot Bitcoin ETFs logged roughly $853 million in weekly inflows, their strongest week since April, as demand for regulated Bitcoin exposure accelerated.
• BTCPay restricted remote Lightning-node access after attackers drained funds from some operators, with the scope of losses and affected users still unclear.
• A report on crypto theft tracing detailed how stolen funds can move through swaps, mixers, bridges, exchanges and cash-out routes in roughly 45 days.
• LINK’s decline has complicated Grayscale’s proposed Chainlink ETF, underscoring how token volatility can weaken the case for single-asset crypto products.
• Former Bitcoin miner Firmus has pivoted into AI infrastructure and is now valued at $10.5 billion, reflecting the premium on compute capacity for AI workloads.