The post Core Scientific and CoreWeave Announce $9B Merger Amid Bitcoin ETF Inflows and Market Reactions appeared on BitcoinEthereumNews.com.

Core Scientific and CoreWeave have announced a monumental $9 billion all-stock merger, signaling a significant consolidation in the crypto and AI sectors. Meanwhile, Bitcoin ETFs experienced a massive influx of $1.17 billion in net inflows, marking their second-largest day ever and underscoring growing institutional interest. According to FinTel.io, despite initial enthusiasm, shares of both Core Scientific (CORZ) and CoreWeave (CRWV) have seen a decline post-announcement, reflecting cautious investor sentiment amid the deal’s finalization. Core Scientific and CoreWeave merge in a $9B deal while Bitcoin ETFs surge with $1.17B inflows, highlighting major shifts in crypto investment and mining sectors. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Core Scientific and CoreWeave $9 Billion Merger: A Major Crypto and AI Industry Consolidation The announcement of the $9 billion all-stock merger between Bitcoin miner Core Scientific and AI-focused CoreWeave represents one of the largest mergers in the crypto-adjacent space to date. Trading on Nasdaq under tickers CORZ and CRWV respectively, these companies are combining their strengths to create a powerhouse at the intersection of blockchain mining and artificial intelligence. While the deal was met with initial enthusiasm—CORZ shares rose to $15.71 and CRWV peaked above $160—the subsequent decline to $12.51 and $125.84 respectively indicates investor caution as the market digests the implications of this consolidation. Market Reaction and Analyst Perspectives on the Merger Analysts from Needham and Macquarie have downgraded Core Scientific…

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Filed under: News - @ July 12, 2025 1:15 am