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Bitcoin Under Pressure, Blackrock Stands Firm, Ethereum ETFs Turn Positive

🗓️ In July, Web3 startups received $1.1 billion in funding through 118 deals.


📊Spot ETF Flow on 1.08:

🥇 BTC-ETF +$24.7M

🔵 ETH-ETF -$62.9M

❌ 98.6% of memecoins on pumpdotfun fail to even launch.

Since May, the percentage of pumpdotfun memecoins making it onto Solana-based DEX Raydium has stayed between 1.21% and 1.41%, according to Dune Analytics data.

Ethereum ETF flows flip positive even as ETHE total outflows top $2B

Ether ETFs posted a net inflow of $26.7 million on Aug. 1, with inflows into BlackRock’s fund outpacing outflows from Grayscale’s Ethereum Trust.

> BTC down 10%
> Grayscale dumping $2B ETH
> Middle East on the brink

but Blackrock is STILL buying.

#cryptonews
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    Algorithm Trader | Bybit Master Trader | Dynamic DCA Pinescript #MemeStonks #Bybit #BlessedCryptoTrader #Bitcoin
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