Analysis: Significant net outflows from BTC spot ETFs between May and July reflect the absence of institutional buying, suggesting the market may have entered the final phase of clearing.

ChainCatcher reported that on-chain data analyst Murphy stated that the current cycle has seen a significant shift in market participation structure due to the influx of substantial institutional capital through Bitcoin spot ETFs. He noted that ETF net flows essentially reflect the subscription and redemption activities of Authorized Participants (APs) in the primary market, and only when sustained buying or selling pressure in the secondary market drives the ETF's market price to deviate from its net asset value by more than the arbitrage cost threshold does it translate into observable net inflows or outflows. Citing Glassnode data, Murphy further analyzed that from January to

ChainCatcherJul 22 16:26

Are crypto venture capital firms heading toward extinction?

Investors who built the industry are no longer optimistic about this sector—what happens next?

Jinse FinanceJul 22 10:07

The Clarity Crypto Bill’s Uphill Battle: The Bipartisan Compromise Path in the U.S. Is Fraught with Obstacles

Clarity Act Races Toward Congressional Passage: After Compromise on Stablecoin Yields, Ethics and Banking Opposition Return to the Forefront. By Forbes; Translated by AididiaoJP, Foresight News Bipartisan lawmakers in the U.S. Congress are preparing to advance landmark legislation on crypto market structure—the closely watched Clarity Act. As with all historic bills, whether compromise can be reached on contentious issues will determine the fate of this legislation. For the Clarity Act, the path has been particularly rocky. In January of this year, Coinbase CEO

Shenchao TechFlowJul 22 10:05

Express News | Trump Endorses Crypto Ethics Provision: Bans Federal Officials from Issuing Cryptocurrencies, Excludes State Attorneys General from DOJ Enforcement Authority

BreakingsJul 22 08:47

Express News | Crypto lobbying group TDC sues Illinois seeking to block digital assets tax from taking effect

BreakingsJul 22 06:25

Clarity Act at "1-yard Line", Says Bessent; Crypto Stocks Surge

Seeking AlphaJul 22 01:01