BITPRISMIA
Citigroup is exploring stablecoin custody, crypto ETF services, and blockchain-based payments, positioning itself at the center of digital asset innovation while complying with regulatory frameworks.
Bitcoin's dominance in the cryptocurrency market is delaying the typical altcoin season, driven by institutional investment in Bitcoin ETFs, while the potential approval of Ethereum ETFs could spark a more selective altcoin rally.
SBI Holdings denied media reports about filing applications for Crypto ETFs in Japan, clarifying that such products are still in the planning stage, but their interest indicates a strong institutional belief in the future of crypto ETFs.
US spot Bitcoin ETFs ended a four-day outflow streak with $91.5 million in net inflows, led by BlackRock’s IBIT, while ARK & 21Shares’ ARKB was the only major fund with outflows.
Institutional players and corporate treasuries are accumulating Ethereum, with spot ETH ETFs and treasuries acquiring 3.2% of the total ETH supply, signaling growing institutional interest and potential market impact.
Crypto ETFs saw a record $12.8 billion in inflows in July, driven by investor interest in digital assets through regulated and familiar investment vehicles, with BlackRock's iShares Bitcoin Trust (IBIT) leading the surge.
The Osaka Exchange is exploring cryptocurrency derivatives and ETFs, signaling a significant step towards integrating digital assets into Japan's regulated financial system, with potential impacts on market liquidity and investor engagement.
Institutional interest in Ethereum is surging, driven by significant acquisitions and projections of future demand, with ETFs, stablecoins, and real-world asset tokenization playing key roles in its growth.
21Shares has filed with the SEC for two new Crypto ETFs tracking FTSE indexes, aiming to provide regulated and accessible cryptocurrency investment options in the U.S. market.
U.S. spot Bitcoin ETFs extended their inflow streak to nine consecutive days, attracting $403 million in net inflows, while Ethereum spot ETFs also saw eight straight days of inflows totaling $192 million.