US-listed spot Bitcoin exchange-traded funds attracted $3.52 billion in net inflows during August, marking their best month of 2026, according to SoSoValue data. The figure represented a sharp increase from $172 million in inflows in July, coinciding with Bitcoin's approximately 25 per cent monthly gain — its strongest performance since November 2024, according to CoinGlass.
The momentum proved short-lived. ETF flows turned negative in early September and Bitcoin briefly fell below $77,000, according to market data.
Core, a blockchain platform, said it had contained an incident in which validators had claimed more rewards than the protocol was designed to issue. The platform said it had coordinated an emergency hard fork, a network upgrade that would prevent "malicious validators" from drawing excess rewards. Core said the upgrade would not reverse previously confirmed transactions and that user assets remained safe.
Several cryptocurrency exchanges restricted transfers of Core's CORE token around the time of the incident. Coinbase paused sends and receives on the Core network, while Bithumb and Coinone suspended deposits and withdrawals citing security concerns. Bitget and LBank also suspended CORE deposits and withdrawals. Core said it would publish a technical postmortem but has not disclosed how much CORE was issued or whether additional tokens entered circulation.
A consortium of 21 major financial institutions, including Bank of America, Citigroup, Goldman Sachs, Deutsche Bank, UBS and Fidelity Investments, unveiled plans to form a company that will issue a US dollar-denominated stablecoin — a digital asset pegged to the dollar — in the first half of 2027. The group said the token would be designed for wholesale, institutional and retail markets, with potential applications in cross-border payments and digital asset settlement. The consortium intends to expand into other major currencies afterward, beginning with a euro-denominated stablecoin.
