Spot Ether ETFs recorded $5.43 billion in net inflows in July, marking a 369% monthly surge and extending their daily inflow streak to 20 consecutive days. United States Spot Ether exchange-traded funds (ETFs) hit a new milestone in July, recording $5.43 billion in net inflows, their highest monthly total since launch, according to ETF tracker SoSoValue.  July’s performance represented a 369% increase over June’s total net inflow of $1.16 billion, showing a significant surge in investor interest. It also eclipsed previous months like May’s $564 million, April’s $66.25 million and overturned March’s outflow record of $403 million.  The latest figures brought total cumulative net inflows for Ether (ETH) ETFs to $9.64 billion, a 129% increase over June’s total. Total net assets across all spot Ether ETFs rose to $21.52 billion, up 108% from $10.32 billion a month earlier.Read more Source: cointelegraph.com (Read Full Article)

While continuing to voice economic warnings, Bridgewater founder Ray Dalio recently increased his recommended allocation to Bitcoin and gold to 15%. Billionaire investor Ray Dalio has said his goodbye to Bridgewater Associates, a hedge fund giant he founded 50 years ago.Dalio sold his last remaining stake in Bridgewater and stepped off its board, The Wall Street Journal reported on Thursday.After buying Dalio’s shares, Bridgewater reportedly issued new shares to the sovereign wealth fund of Brunei in a multibillion-dollar deal that brought it an almost 20% stake in the company.Read more Source: cointelegraph.com (Read Full Article)

Andreessen Horowitz urged the US Senate Banking Committee to scrap the “ancillary asset” concept in draft crypto legislation, warning of loopholes. Venture capital firm Andreessen Horowitz (a16z) called on US lawmakers to revise a draft crypto regulation bill, warning that the proposed framework could open dangerous loopholes and undermine investor protections.In a Thursday open letter to the US Senate Banking Committee, the investment firm urged regulators to close loopholes in the draft crypto legislation. The letter was a response to the discussion draft released in late July.The discussion draft in question builds on the 21st Century Financial Innovation and Technology Act (CLARITY Act) and seeks industry input on the ongoing crypto regulation. A16z points to the definition of ancillary assets, referring to tokens sold with an investment contract that give buyers no equity, dividend or governance rights.Read more Source: cointelegraph.com (Read Full Article)

The Japanese investment company’s stock offering is part of its treasury strategy to acquire 210,000 Bitcoin by the end of 2027. Japanese investment firm Metaplanet is seeking to raise 555 billion yen ($3.73 billion) through a stock offering to support its aggressive Bitcoin accumulation strategy. The company, which is known as “Asia’s Strategy,” announced Friday that it will issue perpetual preferred shares to help fund its goal of acquiring 210,000 Bitcoin (BTC) by the end of 2027. The shares will offer up to a 6% annual dividend, depending on market conditions and investor demand. “The Company intends to actively pursue equity financing as part of its ‘Bitcoin Strategy,’ which aims to acquire 210,000 BTC by the end of 2027,” it said. “We believe that introducing Bitcoin-backed preferred shares represents a pioneering effort to fill this gap.”Read more Source: cointelegraph.com (Read Full Article)

THG co-founder and CEO Stefan Deiss told Cointelegraph that the IDTrust allows users full control over their data, giving it an edge over competitors like Microsoft Entra. The Hashgraph Group (THG) has launched a self-sovereign identity (SSI) platform called “IDTrust” to provide a blockchain-based digital identity solution for individuals and institutions. In an announcement sent exclusively to Cointelegraph, THG said the IDTrust platform is built on the Hedera network and will be powered by artificial intelligence. An SSI platform allows users to issue, manage and verify credentials securely without the need for centralized authorities. The launch comes as governments and enterprises accelerate digital identity programs, including the Swiss e-ID initiative and the European Union’s eIDAS 2.0 regulation. Read more Source: cointelegraph.com (Read Full Article)

Tether’s USDT supply has increased by $26 billion in 2025, pushing its market cap to $163.6 billion as global demand for stablecoin grows. Stablecoin-issuer Tether has become the 18th-largest holder of United States Treasurys globally, surpassing the holdings of South Korea, according to a recent attestation report. On Thursday, Tether said in its attestation report for the second quarter of 2025 that it holds $127 billion in US Treasury bills. The company said it has $105.5 billion in direct US Treasury exposure and $21.3 billion held indirectly. Tether’s current holdings show a $7 billion increase from the first quarter. On May 19, the stablecoin issuer reported having $120 billion in T-bills, overtaking Germany’s holdings to take the 19th spot. Read more Source: cointelegraph.com (Read Full Article)

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Andreessen Horowitz has penned an open letter to the US Senate Banking Committee urging scrapping the “ancillary asset” concept in draft crypto legislation, warning of loopholes, public companies buying crypto have promised to spend $8 billion just in the last week, and the US Securities and Exchange Commission (SEC) launched “Project Crypto,” promising to overhaul digital asset rules.Venture capital firm Andreessen Horowitz (a16z) called on US lawmakers to revise a draft crypto regulation bill, warning that the proposed framework could open dangerous loopholes and undermine investor protections.In a Thursday open letter to the US Senate Banking Committee, the investment firm urged regulators to close loopholes in the draft crypto legislation. The letter was a response to the discussion draft released in late July.Read more Source: cointelegraph.com (Read Full Article)

The GENIUS Act leaves a foreign stablecoin loophole that puts US issuers at a competitive disadvantage, says former CFTC Chair Timothy Massad. The signing of the GENIUS Act into law established the first comprehensive regulatory framework for US-issued stablecoins. Supporters argue it will enhance trust, drive mainstream adoption and bolster the dollar’s status as the global reserve currency.With stablecoins now gaining traction in global finance, the GENIUS Act could also prove a boon for the developing world, attract institutional interest and drive a resurgence in decentralized finance (DeFi).However, concerns remain over unresolved issues, such as the regulation of foreign issuers, doubts about the ban on yield-bearing stablecoins and the potential dominance of corporate and traditional finance players.Read more Source: cointelegraph.com (Read Full Article)

Following the landmark US passage of the GENIUS Act, Fabian Dori of Sygnum Bank breaks down what lies ahead for stablecoins, institutional adoption and global crypto regulation. The recent US passage of the GENIUS Act marked a significant turning point for stablecoins, setting a regulatory precedent that may shape digital finance globally.Fabian Dori, chief investment officer at Sygnum Bank, joined the latest episode of Cointelegraph’s Byte-Sized Insight podcast, detailing how the act will influence stablecoin adoption, institutional engagement and international regulatory alignment.The GENIUS Act, which introduces a clear federal regulatory framework for fiat-backed stablecoins, demands full transparency from issuers, including one-to-one asset backing, mandatory federal licensing and independent reserve audits. Read more Source: cointelegraph.com (Read Full Article)

After banning retail access to crypto ETNs and derivatives in 2021, the FCA has reversed its approach in favor of ETN access for retail. The United Kingdom’s Financial Conduct Authority (FCA) has lifted the ban on retail access to cryptocurrency exchange-traded notes (cETNs).Companies in the UK will soon be able to offer retail consumers cETNs, with regulatory changes effective Oct. 8, according to an FCA announcement on Friday.The new development in the UK’s regulatory approach on crypto comes after the FCA banned crypto ETNs in January 2021, citing the extreme volatility of crypto assets and a “lack of legitimate investment need” for retail consumers.Read more Source: cointelegraph.com (Read Full Article)