Bitcoin news for August 1, 2026
Bitcoin faces multiple headwinds this week as the BIP-110 soft fork failed amid opposition, and Wall Street is sitting on a $16.3 billion loss with an August 14 deadline that could expose further selling. Additionally, VanEck's Bitcoin ETF fell $1.4 billion short of its growth target, signaling weaker institutional demand. These developments add to regulatory and adoption concerns for the cryptocurrency.
How the day unfolded
VanEck's Bitcoin ETF fell $1.4 billion short of its growth target, signaling waning demand for regulated Bitcoin products. Meanwhile, Banco Santander disclosed a $4.3 million Bitcoin investment, highlighting ongoing institutional exposure. These contrasting headlines suggest a mixed landscape for Bitcoin adoption and investor sentiment.
Bitcoin saw mixed signals this week: Spanish bank Banco Santander revealed a $4.3 million investment, while VanEck’s Bitcoin ETF fell $1.4 billion short of its growth target, ending its fee waiver. Meanwhile, a $1.9 billion corporate 'Bitcoin reserve' was disclosed to be a paper allocation, and Texas lawmakers weighed a ban on crypto kiosks after reported scams. These developments highlight both expanding institutional interest and ongoing regulatory and market-structure scrutiny.
Headlines (12)
- Introducing Kraken Funded: trade with Kraken’s money, keep 80% of the profitsblog.kraken.com · Jul 30, 14:04 UTC
- Spanish Bank Banco Santander Reveals $4.3M Bitcoin Investmentbitcoinmagazine.com · Jul 30, 14:32 UTC
- How a $1.9 billion ‘Bitcoin reserve’ ended up in the top corporate rankings without buying a single coincryptoslate.com · Jul 30, 15:47 UTC
- Where are the Ethereum founders 11 years after the genesis block?protos.com · Jul 30, 19:09 UTC
- IG Group Might Pay Over $2.1B for Prediction Markets Deal, but Its Only a “Funnel”www.financemagnates.com · Jul 31, 09:01 UTC
- Crypto Kiosk Scams Cost Texans $57M as Lawmakers Weigh a Bandecrypt.co · Jul 31, 11:16 UTC
- Dogecoin treasury firm borrowed $1.4M at 10.7% interest – promising repayment in CleanCore stock already pledged elsewherecryptoslate.com · Jul 31, 17:37 UTC
- The free ride for VanEck’s Bitcoin ETF is officially over after falling $1.4 billion short of growth targetcryptoslate.com · Jul 31, 21:37 UTC
- Wall Street is sitting on a $16.3 billion Bitcoin loss, and an August 14 deadline will expose who is quietly fleeingcryptoslate.com · 12:03 UTC
- Breaking: Bitcoin BIP-110 Soft Fork Fails After Strong Opposition From Michael Saylorcoingape.com · 13:29 UTC
- SEC to review Nasdaq bitcoin options approval after CME challengewww.coindesk.com · 15:49 UTC
- Minnesota crypto ATM ban goes into effect after reported $1M lossescointelegraph.com · 18:10 UTC
Not investment advice. For informational purposes only.