Ether Spot ETFs to See Up to $5B of Net Inflows in First Six Months: Gemini

Ether’s market value relative to bitcoin is close to multiyear lows, and strong inflows into spot ETH ETFs could spark a catch-up trade, the report saidSource

Ethereum Products See Highest Outflows Since 2022 Ahead of Ether ETFs

Ether-tracked investment products have collectively lost nearly $120 million in the past two weeks while bitcoin products recorded inflows.Source

Bitcoin Traders Position for ‘Bullish July’ as BTC ETFs Record $124M Inflows

Bitcoin has a median return of 9.6% in July and tends to bounce back strongly, one trading firm said.Source

Crypto-Friendly Silvergate Bank Pays $63M to Settle Charges With SEC, Fed, California Regulator

The U.S. Securities and Exchange Commission filed a complaint against Silvergate Bank’s parent entity and its former executives on Monday.Source

DePIN: It’s Time for Crypto to Get Real

DePIN stands for Decentralized Physical Infrastructure Networks, or in simple terms, real-world applications that are actually useful, says Max Thake, cofounder of Peaq, a layer-1 for DePIN.Source

U.S. Administrative Procedure Law Exists for a Reason. The SEC Must Follow It

The regulator’s refusal to listen to dissenting opinion on its new Dealer Rule left us no option but to sue for clarity and accountability, says Marisa Coppel, head of legal at the Blockchain Association.Source

Circle Snags First Stablecoin License Under EU’s New MiCA Crypto Rules

Circle Mint France will issue the euro-denominated EURC stablecoin and USDC in the European Union in compliance with MiCA.Source

UPDATE: Polymarket Logs First $100M Month as Election Drama Heats Up

Odds that the president will drop out of the race surged as high as 50% after the debate before leveling off at 40% on the crypto-based prediction market.Source

Marine Le Pen’s Far-Right National Rally Party Leads in First Round of French Election

The far-right party associated with Marine Le Pen led in the first round of France’s two-part election.Source