Perpetual futures see over $100 billion in daily trading volume, yet most platforms still cater to pros. Phantom’s mobile-first approach could be the bridge or the breaking point for retail adoption. On July 8, Phantom, the crypto wallet best known…

Phantom puts perps in traders’ pockets as mobile-first derivatives go live

Soaring stablecoin reserves at Binance, falling Bitcoin dominance and a 
bullish chart pattern point to a possible altseason starting in the bottom 
half of 2025.

$31B stablecoin surge at Binance revives traders’ altseason hopes

Data shows the US Ethereum spot ETFs have seen net inflows for eight 
consecutive weeks now, a sign of continued institutional demand. Ethereum Spot 
ETF Netflow Remains Positive In a new post on X, the on-chain analytics firm 
Glassnode has shared an update on how the weekly netflow for the US spot 
exchange-traded funds (ETFs) of Ethereum has been looking. Spot ETFs refer to 
investment vehicles that allow investors to gain exposure to an asset without 
having to directly own it. These ETFs trade on the traditional platforms, so 
they allow for an easier investment method for those who find cryptocurrency 
exchanges and wallets overwhelming to navigate. Related Reading: Dogecoin 
Resistance Walls Ahead: Analyst Flags 3 Key Levels Below is the chart shared 
by the analytics firm that shows how the American Ethereum spot ETFs have been 
doing lately: From the graph, it&#8217;s visible that the netflow related to the 
Ethereum spot ETFs has recently been on a green streak. This means that 
inflows into wallets attached to the ETFs are continuously happening. Last 
week saw a net inflow of 61,000 ETH, worth $157.3 million at the current 
exchange rate. With these inflows, the spot ETFs of the cryptocurrency have 
seen positive values for eight straight weeks. Since institutional investors 
generally take this investment route into Ethereum, the continuous inflows 
could be a sign of sustained demand from them. Despite this interest, the ETH 
price has remained locked in a phase of sideways movement. Ethereum isn&#8217;t the 
only asset that&#8217;s observing demand on the ETFs. As the on-chain analytics firm 
Santiment has pointed out in an X post, Bitcoin has also been enjoying net 
inflows. As displayed in the above chart, the Bitcoin ETFs have seen a 
positive netflow on 16 out of the last 17 trading days. The one exception was 
on July 1st, when outflows occurred. In some other news, Ethereum has observed 
new on-chain capital inflows during the past week, as Glassnode has revealed 
in another X post. In the graph, the data for the Realized Cap of coins aged 
less than 1 week is shown for Ethereum and Solana. The &#8220;Realized Cap&#8221; measures 
the amount of capital that the investors have put into a given network. The 
version of the metric of focus here specifically calculates the capital that 
has come in over the past week. Related Reading: Bitcoin In For Another 460% 
Run? This Rare Fiat Signal Just Returned From the chart, it&#8217;s visible that the 
metric has seen an increase for both ETH and SOL during the past week, 
indicating fresh capital has flowed in. The latter has outperformed the 
former, however, with the metric standing at $6.2 billion and $8.3 billion, 
respectively. ETH Price At the time of writing, Ethereum is floating around 
$2,580, up over 5% in the last week. Featured image from Dall-E, 
Glassnode.com, Santiment.net, chart from TradingView.com

Ethereum ETF Inflows Hit 8-Week Streak—Institutions Still Buying

With eyes on tokenized gold, the companies plan to merge and launch a gold- 
backed treasury business.

BioSig, Streamex target gold tokenization with $1.1B financing

KULR Technology Group secured a $20 million credit facility from Coinbase 
Credit to fund bitcoin purchases. KULR to Fund Bitcoin Purchases With $20M 
Coinbase Loan According to the announcement published on Tuesday, KULR 
Technology Group Inc. obtained a $20 million credit facility from Coinbase 
Credit Inc., a subsidiary of Coinbase Global Inc. The agreement, announced […]

KULR Secures $20M Coinbase Credit Line for Bitcoin Buys

Blockchain competitors and recent decisions by institutional investors chip 
away at Solana’s market share. Will this impact SOL price?