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Bitcoin ETFs garner almost $130M inflows, fueling bullish July outlook

Share link:In this post: Eleven U.S. spot bitcoin exchange-traded funds (ETFs) reported a total daily net inflow of $129.45 million on Monday. Spot Bitcoin ETFs could encourage broader adoption among institutional and retail investors, potentially increasing Bitcoin demand. Despite short-term price volatility, ETFs could contribute to Bitcoin’s long-term stability.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the informati

Cryptopolitan·2024/07/02 15:16

Top Crypto Experts Explain Why You Need To Add Brett And Mpeppe (MPEPE) To Your Holdings

Cryptodaily·2024/07/02 13:34

Reigniting Passion: How Jail Breaks Through Meme Token Aesthetic Fatigue

远山洞见·2024/07/02 09:32

What’s Happening in the US Markets with Crypto

Newscrypto·2024/07/02 08:31

In-Depth Analysis of LollyBomb: The Potential of Emerging Meme Tokens

远山洞见·2024/07/02 07:29

From EVM to Solana: How to avoid phishing scams

BlockBeats·2024/07/02 07:10

Pendle’s TVL drops 40% after certain LRT markets mature

Quick Take Pendle saw a 40% decrease in its total value locked, dropping from $6.18 billion on June 27 to $3.7 billion now. The decrease in TVL is mainly attributed to the maturation of liquid restaking pools which matured on June 27.

The Block·2024/07/02 06:55

Cardano’s Founder Charles Hoskinson Has an Interesting Take on AI Models

The censorship of AI models highlights the need for decentralized AI.

Cryptopotato·2024/07/02 05:31

US spot bitcoin ETFs report $130 million in net inflows, largest influx in three weeks

The spot bitcoin ETFs in the U.S. recorded a total daily net inflow of $129.45 million on Monday.The largest daily net inflow was seen in Fidelity’s FBTC.

The Block·2024/07/02 05:22

Shiba Inu Futures Coming to Coinbase: What It Means for SHIB Investors and Traders

Coinedition·2024/07/02 05:13

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05:46

Spokesperson for the Central Bank of Indonesia: The Central Bank will continue to strengthen its policy mix and cooperate with the government and parliament to support economic stability.

Bank Indonesia spokesperson: Bank Indonesia will continue to strengthen its policy mix and cooperate with the government and parliament to support economic stability

05:46

Ethereum falls below 1700 USDT

Foresight News reports that according to Bitget data, Ethereum has fallen below 1,700 USDT, currently trading at 1,698.00 USDT, with a daily decline of 4.11%.

05:45

LayerZero will upgrade the default DVN configuration to 3-of-3 on July 9 and plans to deprecate the v1 relayer.

Foresight News reports that LayerZero has released an update announcement, planning to upgrade the default path configuration for Endpoint v1 and v2 on July 9. Specifically: the default configuration for Endpoint v2 will be raised from 2-of-2 to a minimum of 3-of-3; the default library for Endpoint v1 will be switched from ULNv2 to ULNv301. This change only affects applications using the default settings and is expected to cause a brief interruption of about 15 minutes. In addition, LayerZero will deprecate the relayer servicing v1 (ULNv2) on August 3. Teams currently using ULNv2 need to reset to ULNv301, otherwise message delivery will cease. Regarding secure clients, LayerZero will rename the original TypeScript version of Gasolina to Aegis and simultaneously launch a Rust version of the Veritas verification client. Both will run in parallel to enhance RPC consensus robustness. At the same time, LayerZero plans to upgrade all multisig thresholds to 5-of-7 in June and to further increase them to 7-of-10 by the end of summer.

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