Bitcoin's BIP-110 Soft Fork Signals Just 0.42%, Faces Activation Window in August

According to Bitcoin.com News, Bitcoin's BIP-110 soft fork proposal saw cumulative miner signaling of just 0.42% through July 2, well below its 55% activation threshold. A mandatory signaling window is expected to begin around August 8 at block 961,632. The proposal targets data embedding used by Ordinals and BRC-20-style tokens and is designed to be temporary, expiring after approximately one year.

Separately, Paul Sztorc's eCash hard fork is scheduled to activate at Bitcoin block 964,000 on August 21 around 15:00 UTC, introducing Drivechain functionality for Bitcoin-like sidechains. BlackRock's IBIT Bitcoin ETF, which held $44.95 billion in assets as of July 2, has disclosed in SEC filings that it will not pass through forked or airdropped assets unless future rule changes permit otherwise.