#BTCvsETH Surge in ETH ETFs: July saw explosive inflows — roughly $727 M in one day and $2 B+ since July 4 into U.S. spot ETH ETFs.
Short squeeze in motion: Analysts warn that an ongoing short squeeze could push ETH toward $4,000, potentially liquidating another $1 B in shorts.
Bitcoin (BTC) 🟢
All-time highs: BTC recently topped $123,000, drawing in fresh investor optimism tied to U.S. “crypto week” and supportive macro policy.
Strategic reserve initiative: The U.S. Treasury under Trump’s March executive order launched a Strategic Bitcoin Reserve — and the nation now holds ~200,000 BTC.