Bitcoin ETFs Lead as German Stock Exchange Debuts Mining ETF

Bitcoin and Ethereum are barely moving. A BTC mining ETF debuts on the German stock exchange, politicians in the US are grappling with crypto clarity laws, and Ethereum has been hacked.

Bitcoin is trading sideways at just under 66,600 on Thursday morning

Bitcoin ETFs continued their positive run from Wednesday’s trading session with an inflow of $69 million.

A Bitcoin mining ETF is making its debut on the German stock exchange Xetra. In its press release, issuer CoinShares emphasizes that this marks its first foray into European ETFs regulated by the UCITS Directive (Undertakings for Collective Investment in Transferable Securities).

The CoinShares Bitcoin Mining UCITS ETF ( listed here on the German stock exchange) comprises publicly traded Bitcoin miners and has attracted approximately $350 million in investor funds in its US version. CoinShares is particularly hoping to attract institutional investors in Europe, such as pension funds, insurance companies, and private banks, with whom it often maintains long-standing relationships.

However, European law typically only allows these investors to include ETFs in their portfolios that comply with UCITS regulations. Bitcoin miners have become more attractive on the stock exchanges because many now also lease computing power to large companies in the artificial intelligence sector. This expands their business activities and makes them less dependent on the Bitcoin price fluctuations.

Ethereum is trading at around $1,920 on Thursday morning, unchanged from the previous day

Ethereum ETFs reported $73 million in new capital inflows from Wednesday’s trading session.

The Ethereum ecosystem is once again hit with hacker news. Within just a few hours, two so-called bridges, which are designed to securely transfer cryptocurrencies from one blockchain to another, were affected. BlockAid experts estimate the damage to the AFX protocol and its cryptocurrency exchange at $24 million.

In the second attack, targeting the Verus protocol, approximately $7.5 million was stolen, BlockAid reports on X; here too, a bridge was the vulnerability. 2026 will likely go down in history as the year with the most crypto hacks, with bridges and the use of artificial intelligence frequently targeted. While Ethereum itself hasn’t yet been found to have vulnerabilities in its code, the ecosystem’s dominance in the decentralized finance (DeFi) sector seems to magnetically attract hackers to protocols that rely on ETH.

The crypto barometer is fluctuating beftween “neutral” and “fear”

Today’s winner is Hedera (HBAR) with a 5 percent gain. The project is backed by major companies like Google, IBM, and Deutsche Telekom, and Hedera recently announced its full compatibility with the Ethereum Virtual Machine, building bridges to DeFi.

The biggest loser of the day is once again DEXE, down 23 percent. Its price has plummeted from around $40 to under $4 in just two days. Crypto detective ZachXBT had already described DeXe as “highly manipulated” ten days ago on X, suggesting that major investors and/or the team have apparently made a killing through a “pump and dump” scheme.

The crypto sentiment barometer is nervously fluctuating between the “neutral” and “fear” zones, with the situation in the Iran war and the supposed final sprint regarding Clarity Laws for crypto in the USA determining the mood.

In the US financial press, negotiations surrounding the Clarity Act are currently the number one topic. A key sticking point has been President Donald Trump’s highly profitable crypto ventures. In the latest draft of Clarity, his fellow Republicans conceded to the Democrats, agreeing to a crypto ban for Trump until the end of his term. However, the usually well-informed correspondent Eleanor Terrett writes on X that some Democrats who are actually pro-crypto still have objections, and “the path of the legislation to 60 votes remains challenging.”

On the betting market Polymarket, the probability of Clarity passing in 2026 has currently dropped back to around 35 percent; in mid-February, it had reached a peak of 82 percent. Clarity is intended to provide the crypto industry in the US with a clear legal framework, but the Senate goes into summer recess on August 7th, and subsequent interim figures are likely to block a later compromise.

__

(Featured image by Kanchanara via Unsplash)

DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.

This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.

First published in BLOCK-BUILDERS.de. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.