Bitcoin spot ETFs saw $181.08 million in net inflows, with BlackRock’s IBIT leading with $138.91 million.
The US froze four Tron wallets holding around $131 million in USDT linked to Iran’s central bank, according to officials.
BitMine earned $45.7 million from Ethereum staking and validation, making up 98% of its quarterly revenue.
The crypto markets saw major developments as Bitcoin spot ETFs reported $181.08 million in net inflows, while the US froze Iran-linked USDT wallets. Also, Velocity raised $38 million, and BitMine earned $45.7 million from Ethereum staking.
According to SoSoValue, the Bitcoin spot ETFs saw a total net inflow of $181.08 million yesterday.
The Bitcoin Spot ETF with the highest net inflow yesterday was BlackRock's ETF IBIT, with a daily net inflow of $138.91 million, and the total historical net inflow of IBIT currently stands at $60.24 billion.
The second highest was Fidelity's ETF FBTC, with a daily net inflow of $21.07 million, and the total historical net inflow of FBTC currently stands at $9.93 billion.
The total net asset value of Bitcoin Spot ETFs is $77.96 billion, with an ETF net asset ratio of 6.02%. The historical cumulative net inflow has reached $51.03 billion.
The United States froze more than $130 million worth of cryptocurrency linked to Iran, Treasury Secretary Scott Bessent confirmed on Tuesday.
The latest action targeted four Tron wallets holding approximately $131 million in Tether (USDT). This happened after blockchain investigator Specter identified the wallets on-chain.
Bessent later confirmed that the wallets were linked to the Central Bank of Iran. In a statement that was shared on X, Bessent said the Treasury Department is still committed to preventing Iran from using digital assets to support illicit financial activities.
FTX Trading Ltd. has alleged that Justin Sun moved $10 million in Bitcoin from customer accounts at the Poloniex exchange.
This claim was detailed in an adversary proceeding court document published on July 14, 2026. The filing suggests the alleged transfers occurred from Poloniex customer accounts.
FTX is seeking to recover these funds as part of its ongoing bankruptcy proceedings. This action highlights the continued efforts by FTX to reclaim assets following its collapse.
The allegations against Justin Sun, a prominent figure in the crypto space, add another layer to the complex legal landscape surrounding FTX.
Also Read: Bitcoin Price Trades at $64,517 After Strong Rally Toward $65,000
The stablecoin treasury platform Velocity raised $38 million in a Series A funding round. The plan is to expand the infrastructure that allows companies and financial institutions to use digital assets for cross-border settlement and treasury operations.
The injection of funds was co-led by Dragonfly and FirstMark. According to information from Velocity, the new financial resources will also focus on expanding its banking and payments network, developing new products, and strengthening its global regulatory capabilities.
Founded in 2025, the company develops specialized software that connects stablecoin networks with banking, custody, compliance, and settlement systems.
The business model targets corporate finance teams, payment providers, fintech firms, and financial institutions.
BitMine Immersion Technologies generated $45.7 million from Ethereum staking and validation during the three months ended May 31.
The figure represented 98% of the company’s $46.5 million in total quarterly revenue, according to its latest 10-Q filing with the SEC.
A year earlier, BitMine reported total quarterly revenue of just $2.05 million. Machine leasing contributed $1.08 million, while Bitcoin self-mining generated $813,000.
The latest results show how sharply the company’s business has shifted toward Ethereum after building one of the world’s largest corporate ETH treasuries.
Also Read: Ethereum Price Prediction: ETH Breaks Key Resistance, Eyes $2,220 Next
1. How much inflow did Bitcoin spot ETFs record?
Bitcoin spot ETFs recorded total net inflows of $181.08 million. BlackRock’s IBIT led with $138.91 million, while Fidelity’s FBTC followed with $21.07 million.
2. What happened to the Iran-linked USDT wallets?
The United States froze four Tron wallets holding around $131 million in USDT. Treasury Secretary Scott Bessent said the wallets were linked to the Central Bank of Iran.
3. Why is BitMine’s ETH staking revenue important?
BitMine generated $45.7 million from Ethereum staking and validation during the quarter. This represented 98% of its total quarterly revenue, showing a major shift toward Ethereum.
4. How much did Velocity raise in funding?
Velocity raised $38 million in a Series A funding round co-led by Dragonfly and FirstMark. The company plans to expand stablecoin treasury, payments and settlement infrastructure.
5. What did FTX allege against Justin Sun?
FTX alleged that Justin Sun moved $10 million in Bitcoin from customer accounts at Poloniex. The claim was made as part of FTX’s ongoing bankruptcy-related recovery efforts.