Crypto Markets Surge as Bitcoin ETFs See Record Inflows

Crypto markets saw significant developments as Bitcoin spot ETFs recorded $314 million in inflows. The largest net inflow was seen in BlackRock's IBIT, with a daily flow of $284.42 million and a total historical inflow of $62.92 billion.

The Solana network experienced record transaction activity, processing 4.2 billion monthly transactions as the price of SOL surged 40% over an eight-day period to trade above $100. Tokenized real-world assets on Solana are nearing $4 billion in value.

Revolut launched its first stablecoin, EURR, pegged to the euro and issued by Bridge Building S.A., allowing users in Denmark, Poland, and Portugal to access a euro-denominated on-chain asset through their retail app. The company plans to expand the stablecoin to other EEA markets later this year.