Particle.news
Download on the App Store
100 ARTICLES
·
19h ago

Crypto Markets Consolidate Near Record Highs as Spot ETF Inflows Surge

U.S. spot Ethereum ETFs have drawn record inflows, with corporate treasuries ramping up holdings ahead of the Federal Reserve’s rate decision.

Image
Image
Altcoin rally fizzles as ether turns 10: crypto daybook americas
Whale revives profit taking concerns as bitcoin holds flat: crypto daybook americas

Overview

  • Bitcoin has traded between $115,000 and $119,900 for more than ten days, with realized capitalization hitting a $1.018 trillion peak on July 25.
  • Ethereum hovers just below $4,000 after gaining over 55 percent in July, supported by more than $5.5 billion of net inflows into U.S. spot ETH ETFs and withdrawals of over 1 million ETH from exchanges.
  • Institutional players are deepening their exposure to Ethereum, with BlackRock buying $1.2 billion of ETH last week compared with $267 million of BTC and firms like SharpLink Gaming and BitMine Immersion holding 438,190 and 625,000 ETH respectively.
  • The U.S. Securities and Exchange Commission has approved in-kind creations and redemptions for spot Bitcoin and Ethereum ETFs, aligning crypto products more closely with traditional commodity ETFs.
  • Market participants are eyeing today’s Federal Reserve rate decision alongside upcoming XRP clarity under the CLARITY Act and potential ETF staking approvals as catalysts for the next major price move.