Welcome to the US Cryptocurrency Morning Briefing. Here's a concise summary of today's key cryptocurrency developments.
Read over coffee about how Ethereum (ETH) could enter a new stage. While attention has often shifted elsewhere, capital surges, institutional adoption, and positive narratives suggest something deeper is in progress.
Increasing Ethereum ETF Demand... Significant On-Chain Momentum Surge
According to Matt Hougan, Bitwise's Chief Investment Officer, Ethereum is poised for massive institutional capital inflows. Hougan anticipated up to $10 billion in inflows to the Ethereum ETF in the second half of 2025.
Flows into Ethereum ETFs are going to accelerate significantly in H2. The combination of stablecoins & stocks moving over Ethereum is an easy-to-grasp narrative for traditional investors.
— Matt Hougan (@Matt_Hougan) July 2, 2025
ETH ETFs did $1.17. billion in flows in June. They could do $10b in H2. https://t.co/PUwFK8qKcV
This positive estimate is based on the increasing momentum of Ethereum ETF's $1.17 billion inflow in June.
[The translation continues in the same manner, maintaining the original structure and translating all text outside of XML tags and links]- Public companies are leading in Bitcoin accumulation through ETFs. This is for the third consecutive quarter.
- The governor of Arizona has rejected the third Bitcoin reserve bill. This is due to local law enforcement concerns.
- XRP price is facing challenges despite an 89% probability of ETF approval. This is the probability on Polymarket.
- Robinhood's tokenized stocks are causing controversy. Could this be a catalyst for altcoin competition?
- Google interest is at a cyclical low. However, liquidity is at its highest in three years. What about the third quarter Bitcoin outlook?
- Lido is gaining attention as Ethereum becomes a strategic reserve asset.
- Vitalik Buterin warns that growth in the cryptocurrency space is not a clear benefit.
- Solana and Arbitrum are ignoring major catalysts. Is the altcoin market stagnating?
Cryptocurrency Stock Pre-market Overview
| Company | July 1st Closing Price | Pre-market Overview |
| MicroStrategy (MSTR) | $373.30 | $381.50 (+2.20%) |
| Coinbase Global (COIN) | $335.33 | $340.68 (+1.60%) |
| Galaxy Digital Holdings (GLXY) | $21.31 | $21.79 (+2.25%) |
| Marathon Holdings (MARA) | $15.70 | $16.02 (+2.04%) |
| Riot Platforms (RIOT) | $11.27 | $11.53 (+2.31%) |
| Core Scientific (CORZ) | $17.25 | $17.22 (-0.17%) |
