XRP Token price

[Alt Season 🙂‍↔️] With the GENIUS Act codifying stablecoin issuance in U.S. law, ETH and other L1s (SOL, XRP, ADA) are no longer in limbo and aren’t just smart contract platforms. They’re becoming regulatory-compliant collateral rails for dollar-denominated corporate strategies. We’re seeing institutional capital rotate into ETH, not just for narrative or yield, but because it now sits at the intersection of regulatory clarity (GENIUS), infrastructure (stablecoin volume), and capital efficiency (potential ETH staking ETFs). Updates from @QCPgroup • ETH open interest jumping from $18B → $28B in a week • Spot ETH ETF inflows outpacing BTC (twice last week) • Call spreads lighting up Q4 ETH options • BTC dominance slipping, alt L1s creeping up

🚨 🚨 🚨 16,812,113 #XRP (60,621,045 USD) transferred from unknown wallet to #Coinbase

🥳 Altcoins are surging after Bitcoin's ATH led to profit redistributions. In the past 24 hours, gains include: 📈 $SOL +8% 📈 $DOGE +11% 📈 $HEX +20% 📈 $PLSX +12% 📈 $KAX +15% 📈 $PENGU +16% 🔗 Find crypto's next buy opportunities with our screener:

Digital asset investment products set a new all-time high last week, attracting $4.39 billion in inflows. The surge came as investor appetite for Bitcoin and Ethereum ETFs continued to rise, according to the latest weekly report from CoinShares. This figure surpasses the previous record of $4.27 billion set in December 2024, following the US presidential elections. It also marks the 14th consecutive week of positive flows into crypto investment products, bringing the year-to-date total to $27 billion. Meanwhile, the record-breaking week aligned with a series of pro-crypto policy developments in the United States. Last week, lawmakers advanced three major bills, including the CLARITY Act, the Anti-CBDC Surveillance Act, and the GENIUS Act, which President Donald Trump signed into law on July 18. As a result, CoinShares noted a sharp uptick in trading activity. Weekly trading turnover in crypto exchange-traded products (ETPs) hit a record \$39.2 billion globally, with Bitcoin and Ethereum leading the volume. The inflows and trading activity surge pushed the total assets under management (AUM) to an all-time high of $220 billion. Ethereum closes the gap on Bitcoin Bitcoin products brought in $2.2 billion last week, down from $2.7 billion the previous week. However, activity remained strong. According to CoinShares, the ETPs trading made up 55% of all Bitcoin exchange volumes, underlining the growing dominance of institutional products. Meanwhile, short Bitcoin funds also recorded $10 million in inflows. This reflects growing market skepticism as Bitcoin reached a new all-time high above $123,000. Crypto Investments Flow (Source: CoinShares) On the other hand, Ethereum products continued to gain momentum in the market. According to CoinShares, ETH-focused funds attracted $2.12 billion in inflows, almost double their previous record of $1.2 billion. The week’s inflow extended Ethereum’s streak to 13 straight weeks of inflows, and it now accounts for 23% of its total AUM. Notably, inflows for Ethereum funds this year have already surpassed the total for 2024, which was $6.2 billion. Meanwhile, other major altcoins also gained traction during the market uptrend. Solana funds attracted $39 million in inflows, while XRP and Sui brought in $36 million and $9.3 million, respectively. The broad uptick in inflows mirrors the ongoing crypto market rally and growing institutional interest in the emerging sector. The post Bitcoin dominance slips as Ethereum explode in record $4.39 billion inflows week appeared first on CryptoSlate.