Crypto News

From Outflows to Overflowing: Ethereum ETFs Quietly Amass $21.8B in a Year

In recent weeks, the nine U.S. ethereum-based exchange-traded funds (ETFs) have been loading up on ether, grabbing hefty portions of the cryptocurrency. This month celebrates their first full year trading on Wall Street, now holding more than 5.73 million ETH—worth about $21.8 billion. Ethereum ETFs Hit $21.8B as Institutions Gobble Up Ether Ethereum ETFs launchedSource link

XRP Price Watch: Momentum Indicator and MACD Turns Bearish Amid Sideways Action

XRP’s price traded at $3.12 on July 31, 2025, securing a market capitalization of $185.20 billion and posting a 24-hour trading volume of $5.3 billion. Intraday price activity saw XRP fluctuate between $3.04 and $3.17, capturing market participants’ attention as it hovers near key technical thresholds. XRP On the 1-hour chart, XRP displayed characteristics ofSource link

Tech Darling Figma Soars 198% Following IPO; Holds $70M in Bitcoin ETF

Shares of Figma (FIG) rose 198% on its first day of trading on the New York Stock Exchange after the company raised $1.2 billion for its Wednesday initial public offering (IPO).The firm priced shares at $33 a share under the ticker “FIG," valuing the company at about $20 billion. The stock changed hands at $98 in initial trades on Thursday, suggesting a valuation closer to $60 billion.Figma, a developer of design software, previously disclosed the ownership roughly $70 million worth of the Bitwise Bitcoin ETF (BITB) and said it plans to buy another $30 million worth of spot bitcoin (BTC).While Figma is far from being a crypto company, the fact that it holds bitcoin could possibly start a trend...

Tether Reports Q2 Profit of $4.9 Billion, CEO Teases U.S. Venture

The stablecoin giant said it has $127 billion in exposure to U.S. Treasuries.Source link

Bitcoin Shrugs Off Brief Fed Panic

Most experts agreed that the U.S. Federal Reserve was going to once again leave interest rates untouched, but bitcoin still tumbled when the central bank published its official decision. BTC Brushes Off Fed Shock, Bounces Back There were few, if any, surprises at Fed Chair Jerome Powell’s press conference on Wednesday, but bitcoin still plummetedSource link