BlackRock's official update on the Bitcoin ETF shows that as of July 25th, the market value of IBIT has reached $21,890,121,436.41, and the position has increased to 338,128.5551 BTC, an increase of 1,092.7881 BTC from the previous trading day.

The US core PCE price index for June was 0.2%, exceeding expectations of 0.1% and the previous value of 0.10%; the US core PCE price index for June recorded a year-on-year increase of 2.6%, higher than expected. The US core PCE price index for June recorded a monthly rate of 0.1%, unchanged from the previous month and in line with expectations.

Official data from Grayscale shows that as of July 25th, Grayscale GBTC holds 271,212.2467 BTC, a decrease of 410.3257 BTC from the previous trading day, with an asset management scale (non-GAAP) of $17,542,084,056.48 and a circulation share of 306,180,100 shares; Grayscale ETHE holds 2,391,684.2607 ETH, a decrease of 97,390.7166 ETH from the previous trading day, with an asset management scale (non-GAAP) of $7,468,775,526.14 and a circulation share of 282,168,500 shares; Grayscale ETH holds 310,308.0733 ETH, an increase of 13,663.3797 ETH from the previous trading day, with an asset management scale (non-GAAP) of $969,033,154.46 and a circulation share of 329,308,500 shares.

As monitored by Farside Investors, data from yesterday (July 25th) shows that the net outflow of funds for the US Bitcoin ETF GBTC was $39.6 million; BlackRock's iShares Bitcoin Trust (IBIT) had a net inflow of $71 million yesterday; EZBC, ARKB, and BITB had no inflows or outflows of funds.

According to Farside Investors monitoring, data from yesterday (July 25th) shows that the net inflow for the BlackRock Ethereum ETF (ETHA) was $72.9 million, the net inflow for the Invesco Ethereum ETF (ETHV) was $8 million, the Franklin Ethereum ETF (EZET) had no inflow or outflow, the 21Shares Ethereum ETF (CETH) had no inflow or outflow, and the Grayscale Mini Ethereum ETF (ETH) had a net inflow of $58.1 million. Previously, it was reported that the Grayscale Ethereum ETF (ETHE) had a net outflow of $326.9 million, the Bitwise Ethereum ETF (ETHW) had a net inflow of $16.3 million, the Fidelity Ethereum ETF (FETH) had a net inflow of $34.3 million, and the Invesco Ethereum ETF (QETH) had a net inflow of $6.2 million. Overall, data shows that the net outflow for US Ethereum ETFs yesterday was $150.4 million.

The stablecoin economy is experiencing new growth. In the past 7 days, the total market value of all stablecoins has increased by $1.52 billion. The growth in the past seven days was mainly driven by Tether (USDT), which is the largest stablecoin by market value, with its supply increasing by 1.2 billion. About $300 million of the growth came from Circle's US dollar token (USDC).

As monitored by Farside Investors, data from the US Ethereum ETF showed a net outflow of $346.2 million on July 25th.

According to official information from BNB Chain, it has completed its second Sunset fork. The second Sunset fork will migrate the BNB beacon chain staking function to the BNB smart chain, and all assets need to be migrated from the beacon chain to the BNB smart chain. BNB Chain reminds users:1. Staked BNB: If BNB is staked, it needs to be migrated. If it is not migrated before July 14th, the staking will be automatically cancelled and returned to the user's account within 2 weeks.2. BNB and other BEP2 assets: These assets also need to be migrated from the beacon chain to the BNB smart chain. If the assets are not migrated, they will not be transferable after August 15th. If the asset migration is not completed yet, it needs to be done before July 14th.

1, Ethereum L2 TVL rebounds slightly to above $39 billion

Binance released its market insights for July, including: