JUST IN: Almost 4000 Bitcoin has been taken from Liquid by hackers claiming to be "whitehats" and the Bitcoin ETFs have once again topped $100 billion in net assets. Read more on Hodler's Digest this week here

What happened

Hackers claiming to be "whitehats" took almost 4000 Bitcoin from the cryptocurrency exchange Liquid. Separately, Bitcoin exchange-traded funds (ETFs), which are investment funds that track Bitcoin's price, have again reached over $100 billion in total net assets.

Confirmed

Global impact / market context

The theft from Liquid could shake trust in crypto exchanges, possibly leading users to withdraw funds and reducing trading activity. Meanwhile, Bitcoin ETFs surpassing $100 billion shows growing mainstream investor interest, which may support Bitcoin's price and bring more capital into the market.

Analyst inference

This news combines a security breach with strong ETF inflows. A hack often pressures prices by raising fear, while ETF growth signals institutional demand. These opposing forces could create volatility for Bitcoin, affecting traders and long-term holders who watch exchange security and investment product trends.

Analyst inference

What to watch

1. Monitor whether Liquid recovers the stolen Bitcoin or compensates affected users, as this will influence trust in the exchange and potentially broader crypto market confidence. Confirmed
2. Watch for official statements from Liquid or regulators about the hack's cause and response, which could clarify if user funds are safe and if stricter exchange rules are coming. Proposed
3. Track Bitcoin ETF net flows in coming weeks; sustained growth above $100 billion may attract more institutional buyers, while a drop could signal fading enthusiasm and pressure prices. Analyst inference

Affected assets

• BTC — Bitcoin

Evidence

• x.com