U.S. spot Bitcoin ETFs recorded $265.7 million in net inflows on July 6, while spot Ethereum ETFs attracted $20.7 million in net inflows.
The U.S. Strategic Bitcoin Reserve plan reportedly hit legal and jurisdictional hurdles as federal agencies debated which department should oversee the reserve.
Strategy sold 3,588 BTC for approximately $216 million to fund preferred stock dividend payments, reducing its total Bitcoin holdings to 843,775 BTC.
Paradigm led a $5.5 million seed round in M1X Global, a tokenized sovereign debt platform working to expand the use of onchain government bonds as collateral in regulated markets.
BonkDAO reported a $20 million treasury loss after a malicious governance proposal drained BONK tokens, renewing concerns around DAO governance security.
Bitcoin is trading around $63,150, while Ethereum is trading around $1,770.
The Fear and Greed Index stands at 27, indicating fear in market sentiment.
