Spot Bitcoin ETFs recorded $258 million in net inflows, while spot Ethereum ETFs saw $9 million in new capital, signaling a renewed pickup in institutional demand.
The Federal Reserve submitted a formal rule proposal to remove the “reputational risk” criterion from its supervisory framework, a factor critics say has made it harder for banks to provide services to crypto companies.
According to Arkham data, Ethereum co-founder Vitalik Buterin sold approximately 3,788.57 ETH worth around $7.3 million over the past three days.
WisdomTree received SEC approval to offer 24/7 trading and instant settlement for its tokenized money market fund shares.
Meta, led by Mark Zuckerberg, is reportedly planning to re-enter the stablecoin market in the second half of the year.
Bitcoin is trading at $65,050, while Ethereum is changing hands at $1,892.
The Crypto Fear and Greed Index stands at 11, indicating extreme fear.
Developments expected during the day:
Sentient (SENT): Arena AI mainnet is scheduled to go live.
