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Crypto News: 📰
🔹Spot ETH ETFs record 20 straight days of inflows, totaling $5.4B, their longest streak since launch during the BTC-to-ETH investor shift.
🔹Strategy posts a $10B Q2 profit and plans to raise $4.2B more to buy Bitcoin, now holding over 628K BTC worth $74B.
🔹Metaplanet files to raise $3.7B via preferred shares by 2027 to fund BTC buys, aiming for 210,000 BTC in treasury holdings.
🔹DevvStream buys $10M in BTC and SOL to kickstart its crypto treasury and fund its tokenized carbon credit strategy on Solana.
🔹Mill City plans to raise $500M via equity line to expand SUI treasury holdings. Shares fell 10% after the announcement but partially recovered.
🔹SEC Chair launches Project Crypto to support Trump’s goal of making the US the crypto capital. Reforms include new rules for tokenization, custody, and DeFi.
🔹SEC to host nationwide crypto roundtables led by Hester Peirce, aiming for broader outreach beyond DC.
🔹Dormant since 2013, a Bitcoin wallet holding 306 BTC ($35M) just moved funds, netting a 1,500x return since purchase.