Crypto

BlackRock’s iShares Ethereum ETF reached $10 billion in assets in just 251 days since its launch one year ago, while its Bitcoin ETF took only 34 days to break the milestone. BlackRock’s spot Ether exchange-traded fund (ETF) has emerged as one of the fastest-growing ETFs ever, joining the ranks alongside two other cryptocurrency funds. BlackRock’s iShares Ethereum ETF (ETHA) has become the third-fastest ETF to hit $10 billion in total assets under management (AUM), Bloomberg ETF analyst Eric Balchunas reported on Thursday. “Amazingly, it [ETHA] went from $5 billion to $10 billion in just 10 days,” Balchunas noted, calling the surge the “equivalent of a God candle.” Read more

The bank expects further adoption of tokenized assets and money market mutual funds once the crypto market structure bill, the CLARITY Act, becomes law.

The crypto industry in the UK is pushing for the government to change the rules of the road, and it just may be working. Despite promises from past prime ministers to turn the UK into a crypto hub, the UK is still cautious about regulating the crypto industry.  In 2022, then Prime Minister Rishi Sunak promised to amend laws governing the crypto industry in the UK, making them friendlier to blockchain businesses. The rhetoric may have relieved entrepreneurs, but executives and observers from the industry say that progress is slow and that it still doesn’t have the rules it wants in order to expand.  The Labour government under PM Keir Starmer has done little to further this agenda; crypto has taken a back seat to other concerns. Tom Spiller, a partner at crypto-focused Rosenblatt Law, told Cointelegraph that Labour “appears more cautious and there is not a clear focus that sits within the government’s key missions.” Read more

Index funds, staking strategies and crypto’s new wave of accessibility are potentially shaping the future of investing in digital assets to look a lot more like traditional finance. Crypto has long had a communication problem. Between technical jargon, volatile headlines and confusing interfaces, many investors still see it as too complex or too risky to touch.  In the latest episode of the “Clear Crypto Podcast,” host Nathan Jeffay welcomes Ryan Rasmussen, head of research at Bitwise Asset Management, to discuss the evolving landscape of crypto investing and how it’s finally becoming less intimidating for everyday and institutional investors alike. Rasmussen said crypto’s complex reputation is rapidly changing. “At Bitwise, our investors want different types of exposure to the crypto economy,” Rasmussen said.  Read more

Franklin Templeton has launched the BENJI platform on at least seven blockchains, with the fund’s largest market share on Stellar. VeChain, a layer-1 blockchain for real-world applications, is partnering with $1.5 trillion asset manager Franklin Templeton to integrate the company’s BENJI platform for enterprise payments. The move extends the reach of Franklin Templeton’s platform while providing businesses operating on VeChain another stablecoin option, according to a statement shared with Cointelegraph. Franklin Templeton’s BENJI platform permits tokenized access to the company’s Franklin Templeton OnChain U.S. Government Money Fund (FOBXX), an onchain US government money fund worth about $780 million. The fund invests in cash, government securities and collateralized repurchase agreements. One BENJI token is equivalent to one share in the fund, which the company tries to peg to $1. Read more

Japanese AI company Quantum Solutions launched a Bitcoin treasury via its Hong Kong subsidiary GPT Pals Studio, targeting a 3,000 BTC reserve within 12 months. Japanese publicly listed artificial intelligence company Quantum Solutions said it plans to create a Bitcoin treasury of 3,000 BTC within the next year, an investment of more than $350 million at current prices. According to a Thursday announcement, Quantum Solutions’ Bitcoin (BTC) treasury will be managed by wholly owned Hong Kong subsidiary GPT Pals Studio Limited. The subsidiary will commence operations with an initial investment of $10 million provided by the international investment firm Integrated Asset Management. Per the announcement, “the company views Bitcoin as a long-term, strategic reserve instrument.” Quantum Solutions plans to pursue its 3,000 BTC reserve target in stages, depending on market conditions, capital availability and the regulatory environment. Read more

Polkadot (DOT) was also among the underperformers, falling 3.9% from Wednesday.

Build on Bitcoin upgrades to ZK fraud proofs, aiming to climb L2Beat’s decentralization rankings and unlock Ethereum-level DeFi on Bitcoin. Layer-2 blockchain network Build on Bitcoin (BOB) has rolled out a major technical upgrade that brings it closer to getting a fully decentralized mark on L2Beat, a platform that ranks the maturity and decentralization of layer-2 networks.  BOB, which aims to bring Ethereum-style decentralized finance (DeFi) capabilities to Bitcoin, has implemented zero-knowledge (ZK) fraud proofs within an optimistic rollup framework.  This means that BOB is using an optimistic rollup structure but replaces the traditional and slow fraud-checking process with faster ZK fraud proofs,  a shift that allows transaction disputes to be resolved in minutes using cryptographic proofs. Read more

While India is making use of data analytics, it still lacks real-time surveillance of crypto tax disclosures.

Satsuma Technology raised $135 million to fund one of the UK's biggest single Bitcoin treasury acquisitions, positioning itself as a top regional BTC holder. London-based artificial intelligence firm Satsuma Technology raised 100 million British pounds ($135 million) for its new Bitcoin treasury, setting a national record for BTC treasury raises. According to a Thursday announcement, Satsuma Technology said it “has successfully closed the book on the raise materially in excess” of the $135 million target. The company expects all committed funds to arrive within the next two weeks. If the full amount is converted into Bitcoin, the purchase would make Satsuma the second-largest corporate Bitcoin (BTC) holder in the UK, behind The Smarter Web Company, which holds 1,600 BTC worth about $190 million, according to BitcoinTreasuries.NET data. Currently, Phoenix Digital Assets holds second place with 247 BTC valued at $29 million. Read more

The friendlier regulatory climate in the U.S. has led to an increase in digital asset inflows in recent months, the report said.

A wave of multisig-related hacks and operational misconfiguration led to catastrophic losses in the first half of 2025.

The cryptocurrency is currently testing a critical support zone around $744-$753, with traders watching to see if it holds or breaks.

Meme coins are down bad after token launchpad Pump.fun said that it won’t be issuing an airdrop in the “immediate future.”

Technical recovery pattern emerges following steep selloff, with key resistance levels tested and higher lows forming.

Traders are ramping up expectations for Fed rate cuts in 2026, which supports the bull case in BTC; however, the bond yield differential suggests JPY strength ahead.

The new proposal, SIMD-0286, suggests raising the per-block compute limit from 60 million to 100 million compute units.

Your day-ahead look for July 24, 2025

The report could recommend ways for the government to build a Bitcoin stockpile without using taxpayer funds, Decrypt was told.

The altcoin rally is cooling as Bitcoin trades sideways, with analysts citing short-term fatigue despite a supportive macro backdrop.