Crypto News Today: Bitcoin Inflows, SUI Surge, and Crypto Payments in Dubai
Bitcoin spot ETFs saw $623 million in weekly inflows, led by BlackRock’s IBIT, while SUI surged 30% due to institutional staking and ecosystem growth. Dubai expanded crypto payments via Crypto.com’s SVF license, enabling government fee payments in cryptocurrencies, and Capital B raised $17.8 million to grow its Bitcoin treasury holdings.
Bitcoin spot ETFs attracted over $623 million in net inflows last week, pushing total historical inflows to $59.34 billion. BlackRock’s IBIT led with $596 million in inflows, while Ark & 21Shares’ ARKB saw $53.09 million added. Grayscale’s GBTC experienced a $62.28 million outflow, and the combined net asset value of Bitcoin spot ETFs now stands at $106.61 billion. The SUI token surged over 30% in a week, rising from $0.94 to $1.41, with daily trading volume spiking from $213 million to $4 billion. Nasdaq-listed SUI Group Holdings fully staked 108 million SUI tokens, and new partnerships announced at Consensus 2026, including zero-fee stablecoin transfers, fueled the rally. Dubai expanded crypto payment infrastructure after Crypto.com secured a Stored Value Facilities (SVF) license from the UAE’s Central Bank. This allows residents to pay government service fees in cryptocurrencies, with settlements processed in UAE dirhams or dirham-backed stablecoins. France-based Bitcoin treasury company Capital B raised $17.8 million from investors, including Blockstream CEO Adam Back and TOBAM. The funds will enable the acquisition of an additional 182 Bitcoin, potentially increasing its holdings to 3,125 BTC. If all warrants are exercised, Capital B could raise an extra $116.5 million. The developments reflect growing institutional adoption of Bitcoin and blockchain payments, alongside regulatory progress in Dubai’s crypto ecosystem.
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