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Ethiopia cut electricity for Bitcoin miners by 77% as lower reservoir inflows created a hydropower shortage. The state-owned utility is prioritizing households and manufacturers, despite miners generating 35% of its revenue last year.
Stack BTC, backed by Nigel Farage, plans to acquire a gold dealer for $16 million. The proposed deal would use cash flow from precious-metals sales to increase the company’s bitcoin holdings, CoinDesk reports.
US spot Bitcoin ETFs saw $462.7 million in net outflows during a holiday-shortened week, ending three consecutive weeks of strong demand. Withdrawals were recorded in all four trading sessions, including $46.7 million on Tuesday.
Bitcoin ETFs saw $167 million in net outflows on Wednesday, ending their strongest three-week inflow streak of 2026. ARKB led withdrawals, while Ether and Solana funds returned to net inflows, Cointelegraph reported.
Bitcoin ETFs posted a second straight day of outflows on Wednesday, losing $120 million—more than double Tuesday’s loss. Ether, XRP and Solana funds moved in the opposite direction, recording inflows.
XRP ETFs took in nearly $2 million on Tuesday, while bitcoin, ether, solana and hyperliquid funds saw outflows. Grayscale products accounted for all bitcoin and ether outflows, CoinDesk reported.
CoinShares says Bitcoin fund flows reflect investor positioning around the Federal Reserve’s rate path, not a broad market exit. BTC continues to struggle to break above $80,000 as September hike expectations increase.
Cointelegraph reports that purported white-hat hackers took 4,000 BTC from the Liquid sidechain in a major breach. Separately, Bitcoin ETFs recorded their strongest three-week inflow period of 2026.
CryptoSlate highlights a $63 billion flow mechanism in the US Bitcoin ETF market. On August 27, $277.6 million was recorded entering BlackRock’s IBIT, illustrating how anonymous ETF flows appear near the close of US trading.
CryptoSlate reports that Bitcoin perpetual futures become significantly more active at 15:00 UTC, with higher trading volume, turnover and price movement in the next 10 seconds. The recurring pulse is linked to $14 billion in activity.
US spot Bitcoin ETFs recorded nearly $1 billion in inflows in the latest week, bringing the strongest three-week stretch of 2026 to about $3.8 billion despite Bitcoin briefly falling below $79,000.
