July 11, 2025 06:07:17 UTC
Bitcoin ETFs See $1.17B Inflows, Led by BlackRock and Fidelity
So, picture this: on July 10, our dear Bitcoin spot ETFs decided to throw a wild party, raking in a staggering $1.17 billion in net inflows! š That’s right, strong institutional interest is back and more enthusiastic than a cat at a laser pointer convention. BlackRock emerged as the mysterious benefactor, bringing in $448.5 million, while Fidelity tag-teamed with $324.3 million. ARK Invest waltzed in with $268.7 million, and even Bitwise added a respectable $77.2 million to the mix. Meanwhile, smaller funds like HODL managed $15.2 million, while a handful just stood around looking confusedāhereās looking at you, BTCO, EZBC, BRRR, and BTCW. Despite Grayscaleās GBTC feeling a bit left out with a $40.2 million deficit, the overall vibe suggests that institutional players are brimming with confidence like a kid who just found a $20 bill in their pocket!
July 11, 2025 06:06:10 UTC
$5B in BTC and ETH Options Set to Expire on July 11
Fast forward to July 11, when over 37,000 Bitcoin optionsāyes, thatās $4.3 billion worth of āI hope Iām betting on the right horseā investmentsāare set to expire while we all hold our collective breath. With a Put/Call Ratio of 1.05, the landscape is as tantalizing as an unsolved Rubik’s cube at a trivia night. Not to be outdone, 240,000 Ethereum options valued at a modest $710 million decided to crash the party as well, sporting a 1.11 Put/Call Ratio. Market sentiment is about as balanced as a seesaw with a very heavy elephant on one end. Will it push short positions to the brink? Who knows! Someone hand me a crystal ball!
July 11, 2025 06:03:41 UTC
Ethereum Price Hit $3000 Today
In a shocking twist of events, BlackRock has taken a leap of faith and purchased over 108,000 ETH for a whopping $300.9 million. The Ethereum gang is strutting its stuff as it flirts with crossing the $3,000 mark for the first time in five months. š This surge was thankfully prodded along by ETF inflows and investor optimismābecause who wouldn’t want a piece of the Ethereum pie? And let’s not forget the Ethereum Foundation, which decided to throw its hat in the ring by launching a cutting-edge L1 zkEVM, possibly making scalability as smooth as your favorite ice cream on a hot summer day. Yum!
July 11, 2025 05:59:23 UTC
Bitcoin Price Hits New All-Time-High
Meanwhile, Bitcoin has leaped to new dizzying heights, zipping past $118,000 like a startled kangaroo. This surge, over 6% in just 24 hours, seems to be fueled by institutional demand and booming spot ETF inflows. Analysts, with a twinkle in their eye, attribute this frenzy to major adoption by companies and even a smattering of governments. Could there be even more price milestones on the horizon? If I had a nickel for every time I heard that, Iād be making my own cryptocurrency by now!
July 11, 2025 05:57:39 UTC
Why Crypto Market is Up Today?
In a twist more baffling than a cat chasing its tail, the crypto market is exploding today despite not a single rate cut in sight for 2025 and trade tensions climbing higher than an over-caffeinated squirrel. The U.S. dollar is falling faster than a lead balloon while the national debt creeps toward the astronomical $37 trillion mark, with a new ceiling set at $41.1 trillion. Investors, shaking their heads, are starting to lose their faith in fiat currency. Adding to the absurdity, Elon Musk popped up out of nowhere to proclaim, āFiat is hopeless, so yes,ā when asked if he supports Bitcoin, reflecting the cryptic crypto trust blooming among the masses. Bitcoin has already skyrocketed over 100% since 2021, and with the U.S. fiscal pickle worsening, many are looking at crypto like itās the new, shiny future of money. What a time to be alive! šŖ
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2025-07-11 09:37