Ethereum ETFs have recorded 11 consecutive weeks of net inflows exceeding $6.4 billion, with BlackRock's ETHA ETF rapidly reaching $10 billion in assets. SharpLink Gaming leads public Ethereum holdings, and the launch of US spot Ethereum ETFs a year ago has spurred growing investor momentum. Institutional enthusiasm is rising, highlighted by a $533.87 million inflow on July 22, while whales are taking profits amid price rallies. Platforms like Bitlet.app now offer convenient ways to invest in Ethereum through installment plans, making crypto exposure accessible to more investors.
Standard Chartered's UK branch has introduced spot trading for Bitcoin and Ether, targeting institutional clients. This move marks the first regulated and secure access by a global systemically important bank to deliverable spot trading of these cryptocurrencies. Integration through FX platforms and upcoming digital asset forwards showcase the bank's commitment to meeting rising crypto demand within regulatory frameworks.
The launch of the first U.S. crypto staking ETF focused on Solana is set to attract more institutional investors to the Solana ecosystem, signaling growing adoption of staking-based products in the crypto market.
Bitcoin has reached an unprecedented $100,000 milestone, fueled by optimism around pro-crypto policies under the new administration and growing institutional endorsement. Despite ongoing challenges like regulatory uncertainty and market volatility, the rise of Bitcoin and other digital assets signals a maturing crypto market.
Spanish bank BBVA advises wealthy clients to allocate up to 7% of their portfolios to cryptocurrencies like Bitcoin and Ethereum, signaling increasing institutional confidence in digital assets.
Bitcoin is trading close to its all-time high of around $109,000, supported by reduced selling pressure and strong institutional interest. Meanwhile, Ethereum staking reaches a new peak with 34.8 million ETH staked, driving positive momentum for Ether prices.