The debate of 2024 has been about scaling bitcoin self-custody versus ossification, with the presupposition that an ossified bitcoin protocol as it is today is imperfect – but its sound monetary properties alone are enough to change the world for the better, so changes would introduce unacceptable risk. This article will discuss why in fact NOT scaling bitcoin also puts those same monetary properties at direct risk.

Trying to give a neutral overview, the pro-change arguments are about increasing transaction throughput in a way that doesn’t burden nodes (unlike a block size increase). Various proposals exist for tactical extensions to Script, the toolkit all wallets employ to lock up…

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Spot Ether ETFs are on the horizon, with a decision from the SEC possibly arriving as early as this week or next, according to CNBC.

SPOT ETHER ETFS ARE COMING, WITH SEC RULING MAYBE AS SOON AS THIS WEEK OR NEXT – CNBC

— *Walter Bloomberg (@DeItaone) July 8, 2024

Bitcoin ETFs in the U.S. are showcasing diverse trends in investment behaviors and fund performance as of July 8, 2024. BlackRock’s IBIT recorded a net outflow of 60 BTC, reducing its holdings to 307,146 BTC. On a larger scale, Grayscale’s GBTC experienced a significant reduction with a net outflow of 475 BTC, hinting at a shift in investor strategies or preferences.

In contrast, Fidelity’s FBTC ETF demonstrated positive investor sentiment with a net inflow of 109 BTC, boosting its holdings to 168,687 BTC. Bitwise’s BITB also displayed strong investor confidence, receiving the highest net inflow of 534 BTC among the tracked ETFs.

Collectively, these ETFs hold 866,588 BTC, valued at approximately $49.6 billion. The overall market witnessed a modest net inflow of 107 BTC, translating to about $6.1 million. This activity highlights the dynamic and fluctuating nature of the cryptocurrency investment scene in the US.

Disclaimer: Market capitalizations and data can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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Last week marked a significant rebound for digital asset investment products, capturing $441 million in net inflows and breaking a three-week trend of net outflows, reports CoinShares. This surge in investor interest comes despite recent market volatility, notably influenced by the impending repayments from the defunct Mt. Gox exchange and significant Bitcoin transactions by Germany’s law enforcement.

Bitcoin dominated the inflows, accounting for $398 million of the total, though it’s noteworthy that this figure represents only 90% of the inflows—a rare occurrence for the leading cryptocurrency. Altcoins also saw some action, with Solana-based products attracting $16 million, signaling a diversifying investor appetite.

Despite the positive influx in the crypto products sector, blockchain equities experienced a setback, shedding $8 million. This outflow brings their year-to-date losses to $556 million, highlighting a mixed sentiment in broader blockchain investments. This dynamic suggests that while caution remains, many see the current prices as prime buying opportunities.

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