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NEWS FLASH: BlackRock’s $IBIT spot
Bitcoin
ETF became the fastest in history to reach $80 billion in assets under management, marking a significant milestone in #Bitcoin ETFs.
#BTC
#ETF
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[IMPORTANT: U.S. Spot #Ethereum ETFs See $204.9M Net Inflows Amid Continued Investor Interest] U.S. spot Ethereum ETFs experienced a cumulative net inflow of $204.9 million on July 11, the sixth consecutive day of positive investment flows. #BlackRock's $ETHA ETF led inflows with $137.1 million, followed by Grayscale's mini ETH and Fidelity's FETH ETFs. Other ETFs including Grayscale's ETHE, Bitwise's ETHW, VanEck's ETHV, and ARK 21Shares' CETH also reported notable inflows, while the rest remained unchanged.
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[IMPORTANT: U.S. Spot #Bitcoin ETFs Attract Over $1 Billion in Net Inflows on July 11] U.S. spot Bitcoin ETFs experienced a significant inflow of more than $1.02 billion on July 11, marking a seventh consecutive day of net positive flows. #BlackRock's $IBIT led the inflows with approximately $951.54 million, followed by smaller contributions from ARK Invest, Grayscale, VanEck, Bitwise, and Invesco ETFs. This trend highlights growing investor interest and confidence in regulated spot Bitcoin investment vehicles.
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[IMPORTANT: Record Growth in Tether and #Circle Stablecoins Indicates Strong Liquidity Supporting Crypto Rally] Tether's $USDT and Circle's $USDC stablecoins have reached historic highs in supply, signaling robust liquidity entering the cryptocurrency market. Since early July, USDC's market capitalization has increased by $1.3 billion, while USDT grew by $1.4 billion, with even larger growth since April. Analysts view this stablecoin supply expansion as a proxy for fresh capital fueling the recent surge in Bitcoin and other cryptocurrencies.
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[IMPORTANT: Standard Chartered Forecasts #Bitcoin Price Surge to $135,000 by September Driven by Institutional Demand] Standard Chartered predicts Bitcoin will rise to $135,000 by the end of Q3 2025 and possibly reach $200,000 by year-end, fueled by strong institutional inflows and ETFs. The recent Bitcoin halving cycle and regulatory developments like the Genius Act are also expected to boost demand. Despite optimism, Bitcoin’s high volatility means price targets are uncertain, making a cautious investment approach advisable.
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NEWS FLASH: Nasdaq-listed Upexi aims to raise $200 million to increase its #Solana holdings to 1.65 million.
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