Last mentioned: 13h ago
E*TRADE Launches Spot Crypto Trading
E*TRADE, a Morgan Stanley platform, rolls out spot trading for Bitcoin, Ethereum, and Solana, expanding mainstream access.
Crypto Sell-Off on Geopolitical Fears
Bitcoin falls 1.3% to $64,087.07, Ethereum drops 2.6% to $1,873.08, and Solana declines 2.0% to $75.80 as US-Iran tensions and AI spending worries trigger risk aversion.
Positive ETF Flows
Spot Bitcoin ETFs attract $107 million in total inflows, with $81 million going to iShares Bitcoin Trust and $17 million to Fidelity Wise Origin. Ethereum ETFs see $45 million in net inflows.
Bitcoin retreated 1.3% on July 16, giving up the $65K level as renewed US-Iran conflict and AI spending fears sparked a risk-off move across crypto. Total market cap fell to $2.28 trillion, though ETF inflows remained positive at $107 million. E*TRADE’s spot crypto launch highlights resilient institutional adoption.
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