China is considering an additional fiscal package worth more than $1.4 trillion to stimulate the economy next week, which could be further expanded in the event of Trump's election victory.
Bitcoin spot ETFs in the US attracted $870 million in net investment yesterday, the highest inflows since the $886 million level recorded on June 4. BlackRock took in $642 million, Fidelity $133 million and Bitwise $52 million, while Ether spot ETFs ended the day with just $7.6 million.
The SEC filed an application to convert Grayscale Digital Large Cap Fund LLC into an ETF to be traded on the NYSE. The fund holds 75.46% Bitcoin, 17.90% Ether, 4.13% Solana, 1.86% XRP and 0.65% Avalanche.
Tether issued a new mintage of 1 billion USDT.
At the time of writing, Bitcoin (BTC) is trading at $72,445 and Ethereum (ETH) is trading at $2,674.
The fear and greed index is at the greed level with “67”.
Important developments for the day:
Celestia (TIA): The opening of 175.5 million tokens, corresponding to 79.9% of the amount of tokens in circulation, will take place.
General Crypto Event: Chainlink SmartCon event will take place.
Helium (HNT): Q&A with the community will take place.
