U.S. spot Bitcoin ETFs recorded $84.9 million in net outflows on July 8, while spot Ethereum ETFs attracted $70.5 million in net inflows.
Bitcoin remained under pressure as renewed U.S.-Iran tensions kept oil and dollar markets volatile, weighing on broader risk appetite across crypto assets.
The European Securities and Markets Authority launched a review of crypto custody providers after MiCA’s transition period ended, with a focus on operational resilience, key management and custody risks.
Sony Bank received conditional OCC approval to establish a U.S. national trust bank for dollar-backed stablecoin issuance, reserve management and digital asset custody services.
Stablecoin-settled perpetual contracts tied to traditional financial assets surpassed $1.1 trillion in trading volume during the first half of 2026, according to Binance Research.
Bitcoin is trading around $62,799, while Ethereum is trading around $1,750.
The Fear and Greed Index stands at 22, indicating extreme fear in market sentiment.
