Bitcoin Surges Past $63K Amid ETF Inflows and Institutional Demand – Crypto Update July 4, 2026

Key points

• •Bitcoin showed renewed strength with its price surging past $63,000, reaching a high not seen in over a month. This rise was driven by substantial ETF inflows totaling $221.7 million, ending a 10-day outflow streak and signaling improving market sentiment. Simultaneously, institutional activity remains robust as BlackRock transferred $1.22 billion worth of BTC to Coinbase in just four days, while public companies acquired 166,984 BTC in 2026, surpassing mined supply and potentially tightening market availability.[Crypto Briefing][Crypto Briefing][Blockonomi][CoinDesk]
• •Ethereum experienced a notable resurgence with its market capitalization climbing back above $215 billion, re-entering the top 100 global assets. The network announced a new upgrade roadmap termed 'Lean Ethereum,' targeting a throughput of 10,000 transactions per second alongside enhanced quantum computing resistance, which could significantly boost scalability and security in the near term.[Crypto Briefing][Crypto Briefing]
• •Decentralized Finance (DeFi) growth is exemplified by Aave’s latest performance, with its Monad market attracting over $100 million in deposits within just two days post-launch, and the V4 version surpassing $250 million in deposits. These milestones set new all-time highs and highlight increasing investor confidence and liquidity inflows in the DeFi sector.[The Block]
• •Shiba Inu’s ongoing deflationary strategy saw a burn of more than 7.64 million SHIB tokens within hours, reducing circulating supply and potentially fostering positive price pressures for the meme token. This burn mechanism reflects broader trends in community-driven supply management within crypto ecosystems.[U.Today]
• •The European Union has fully enforced the MiCA regulation across all 27 member states, creating a cohesive crypto regulatory environment set to enhance legal certainty and encourage greater institutional participation in crypto markets. This unified legal framework represents a significant step in global crypto regulatory development.[Crypto Briefing]
• •Market dynamics in Bitcoin ETFs have shifted as institutional investors pulled $2 billion in outflows over the past two weeks, highlighting a change in investor appetite to reduce exposure despite recent BTC price rallies. These outflows underscore ETFs' pivotal role as gateways for institutional liquidity in crypto markets.[Crypto Briefing]

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