U.S. spot Bitcoin ETFs recorded $203.2 million in net inflows on July 21, while spot Ethereum ETFs attracted $37.5 million in net inflows.
Bitcoin held near $66,300 after reaching a seven-week high, supported by optimism around the CLARITY Act and stronger semiconductor stocks, while the yen’s fall to a 40-year low added to broader macro volatility.
The CLARITY Act remained in focus after the White House circulated ethics language tied to President Donald Trump’s crypto exposure, though Democrats continued to push for clearer conflict-of-interest enforcement.
The Digital Chamber sued Illinois to block a new 0.2% tax on crypto transactions, arguing that the state measure conflicts with federal authority over digital asset markets.
Telegram founder Pavel Durov said the platform will roll out a native non-custodial Gram wallet this summer, potentially bringing self-custody crypto transactions to more than 1 billion users.
Balance Coin collapsed 99% after a roughly $1 million exploit drained Bitcoin-backed vaults, renewing concerns around oracle manipulation and stablecoin collateral design.
Bitcoin is trading around $65,595, while Ethereum is trading around $1,920.
The Fear and Greed Index stands at 33, indicating fear in market sentiment.
