Crypto Market Surges as Institutional Dollar Inflows Defy Expectations
2025-07-13 12:04:05
Main Idea
The crypto market is experiencing significant growth driven by institutional dollar inflows, particularly into Bitcoin ETFs, while Ethereum shows resilience and Solana lags behind.
Key Points
1. Spot Bitcoin ETFs saw an extraordinary net inflow of $1.029 billion, with BlackRock contributing $953 million.
2. Ethereum (ETH) inflows remained strong at $204 million, indicating resilience among ETH buyers.
3. Solana (SOL) had limited inflows of $10.7 million, suggesting lower risk appetite for SOL.
4. Trump announced significant tariffs on Mexico and the EU, set to take effect on August 1.
5. Elon Musk criticized Trump regarding Epstein, prompting a response from Trump on social media.
Description
Institutional interest in cryptocurrencies is reaching unprecedented levels in the current bull market. Bitcoin ETFs saw massive inflows, largely driven by BlackRock, indicating rising demand. Continue Reading: Crypto Market Surges as Institutional Dollar Inflows Defy Expectations The post Crypto Market Surges as Institutional Dollar Inflows Defy Expectations appeared first on COINTURK NEWS .
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