U.S. spot Bitcoin ETFs recorded $296 million in net outflows on July 1, while spot Ethereum ETFs attracted approximately $15 million in net inflows.
Bitcoin recovered above $60,000 after Federal Reserve Chair Kevin Warsh said inflation risks had eased, reducing expectations for further monetary tightening.
Tradeweb completed a real-time transaction involving tokenized U.S. Treasuries on the Canton Network, with Franklin Templeton transferring the asset to Virtu Financial in exchange for tokenized cash.
Robinhood launched its Ethereum Layer 2 network on mainnet alongside 24-hour tokenized stock trading, perpetual futures and support for using tokenized assets across DeFi applications.
BitMine, SharpLink and Ethereum co-founder Joe Lubin backed Ethereum Institutional, a new independent nonprofit created to accelerate institutional adoption of Ethereum.
Disclosures showing President Donald Trump received more than $1 billion from crypto-related businesses renewed calls for ethics provisions in the U.S. crypto market-structure bill.
Bitcoin is trading around $60,262, while Ethereum is trading around $1,619.
The Fear and Greed Index stands at 19, indicating extreme fear in market sentiment.
