ETF outflows saw ETH record a $197 million fund exit, its second-largest in history, while BTC also hit pause with a $122 million departure. Currently, BTC ETFs hold 6.38% of supply, while ETH ETFs hold 5.08% with ETH on track to surpass BTC by September, if the current inflow pace is sustained.
Ethereum exit queue hit a record with 910K ETH (~$3.9B) pending withdrawal, while 268K ETH is waiting to stake. On the BTC side, whale accumulation persists: 20,061 BTC added by wallets holding at least 10K BTC since Aug 13; bringing total added since March to 225K BTC.
MiCA's full enforcement on July 1 reshuffled stablecoin routing. Robinhood's Arbitrum bet is the clearest signal yet that enterprise procurement—not retail volume—is now what determines which L2s capture institutional flows.
The move lands months after Indonesia shifted crypto oversight from its commodities regulator to the OJK, tightening the compliance bar for new entrants.
Expansion of the Stock+ platform gives global users direct access to listed options on US equities, adding long call and long put strategies alongside existing crypto and CFD markets