🇺🇸📊 #IBIT #BTC #ETH Ether ETFs Outpace Bitcoin Funds as BlackRock Leads Inflows
According to SoSoValue, U.S. spot Bitcoin ETFs recorded total net inflows of $68.99 million on July 23, led by BlackRock’s IBIT with $38.78 million. Spot Ethereum ETFs drew $72.64 million, with BlackRock’s ETHA posting the largest single-day inflow at $53.47 million. BlackRock is the world’s largest asset manager and operates the largest U.S. spot Bitcoin ETF by assets. #etf
According to SoSoValue, U.S. spot Bitcoin ETFs recorded total net inflows of $68.99 million on July 23, led by BlackRock’s IBIT with $38.78 million. Spot Ethereum ETFs drew $72.64 million, with BlackRock’s ETHA posting the largest single-day inflow at $53.47 million. BlackRock is the world’s largest asset manager and operates the largest U.S. spot Bitcoin ETF by assets. #etf
💼 S&P Launches the "Blockchain Fundamentals" Index for Digital Assets - Cointelegraph.
🕵️♂️ Multicoin-linked wallet moves 490K $HYPE (~$29.48M) in 2 days
A wallet likely belonging to Multicoin Capital just moved 93K $HYPE (~$5.48M) to fresh wallets.
New addresses:
• 0xFA2173AD69De51769d75934AcBCF5C2382B1B7F1
• 0x257F1352204A01f59abC5bc60384Bf4c1e5f8B70
This follows a similar move two days ago from the same wallet: 397.5K $HYPE (~$24M) was transferred, shuffled across multiple addresses, and eventually deposited to Coinbase.
A wallet likely belonging to Multicoin Capital just moved 93K $HYPE (~$5.48M) to fresh wallets.
New addresses:
• 0xFA2173AD69De51769d75934AcBCF5C2382B1B7F1
• 0x257F1352204A01f59abC5bc60384Bf4c1e5f8B70
This follows a similar move two days ago from the same wallet: 397.5K $HYPE (~$24M) was transferred, shuffled across multiple addresses, and eventually deposited to Coinbase.
🥷 #SOL Remember the Drift Protocol $285M exploit in April?
After three months of inactivity, the exploiter has started moving funds through Tornado Cash. The attacker is depositing ETH in rapid 100 $ETH batches into the Tornado Cash Router, with multiple transfers every minute. The stolen funds had remained dormant since the exploit, until this latest activity.
Track the movement:
[Interact on X](status/2080189941255114873) #hack
After three months of inactivity, the exploiter has started moving funds through Tornado Cash. The attacker is depositing ETH in rapid 100 $ETH batches into the Tornado Cash Router, with multiple transfers every minute. The stolen funds had remained dormant since the exploit, until this latest activity.
Track the movement:
[Interact on X](status/2080189941255114873) #hack
📊 Stablecoin Dry Powder Is Not Yet Returning at Scale
“Continued reserve contraction would leave rallies more dependent on leverage and external capital flows.”
By Novaque Research. #stablecoin
“Continued reserve contraction would leave rallies more dependent on leverage and external capital flows.”
By Novaque Research. #stablecoin
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🇰🇷🏦 #USDC Circle has entered into a partnership agreement with Kakao and Toss Bank to explore the potential use of stablecoins as payment channels in South Korea. #stablecoin
🗣 #ETH Ethereum is currently undervalued, trading 17% below its realized price. However, only two out of five indicators have hit historical bottoming levels, suggesting that the bottom may not be in yet. While selling pressure is decreasing, capitulation has yet to occur.
🆕 #BTC Strategy has established the "Bitcoin Security Consortium," with founding members including BlackRock, Coinbase, Galaxy, Anchorage, ARK Invest, Blockstream, Block, and Digital Asset.
The consortium members have collectively committed to allocate $15 million over the next three years to support Bitcoin developers and security research.
The consortium members have collectively committed to allocate $15 million over the next three years to support Bitcoin developers and security research.
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🇺🇸📝 USA - Chicago Fed National Activity Index (June) = -0.2 (expected +0.14 / prior -0.1) #macro
🇺🇸📝 USA - Initial Jobless Claims = 187K (exp 211K / prev 208K)
USA - Continuing Jobless Claims = 1.796M (exp 1.809M / prev 1.805M) #macro
USA - Continuing Jobless Claims = 1.796M (exp 1.809M / prev 1.805M) #macro