Elon Musk's plan from 2018 to launch a <a href="https://www.benzinga.com/general/restaurants/25/04/44939582/tesla-drive-in-movie-theater-diner-supercharger-location-could-be-close-to-opening">Tesla drive-in restaurant</a> with movie screens, a restaurant and Supercharger stations is nearing completion and could soon be open to the public.



Here's the latest update, including a potential look at the menu options.



What Happened: Musk tweeted in 2018 that he <a href="https://www.benzinga.com/news/23/08/34037776/teslas-diner-supercharger-concept-in-la-gets-green-signal-5-years-after-musk-first-touted-idea">wanted to launch</a> a drive-in restaurant. Years later, after his tweet that some took seriously and others thought was a joke, his dream is coming to reality.



&#8220;Gonna put an old school drive-in, roller skates &amp; rock restaurant at one of the new Tesla Supercharger locations in LA,&#8221; Musk&nbsp;<a href="https://twitter.com/elonmusk/status/949831212326993920" target="_blank" rel="noreferrer noopener">tweeted</a>.



The Supercharger, located in Hollywood, California, looks like construction is complete with final details inside being completed before a public opening date is announced, according to a Teslarati <a href="https://www.teslarati.com/tesla-supercharger-diner-food-menu-gets-a-sneak-peek-as-construction-closes-out/">report</a>.



Reports say the &#8217;50s-themed diner will be open 24 hours a day, seven days a week, based on stickers on the front door. A Tesla Optimus bot located inside the restaurant could also show that Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) is using its humanoid robots in some capacity.



Tesla influencer Sawyer Merritt <a href="https://x.com/SawyerMerritt/status/1946254893557145616">shared </a>pictures of potential menu items, citing Not A Tesla App. The pictures show burgers, fries, chicken wings, hot dogs and milkshakes.



Musk recently said he ate at the diner and it is "one of the coolest spots in LA."



Another Merritt <a href="https://x.com/SawyerMerritt/status/1945918144586858576">tweet </a>said the diner has 80 Supercharger stalls.



Read Also: <a href="https://www.benzinga.com/25/04/44937440/tesla-q1-earnings-highlights-revenue-miss-eps-miss-tariff-landscape-and-changing-political-sentiment-cloud-guidance">Tesla Q1 Misses Estimates As Tariff Pressures Weigh On Outlook, Lower-Cost EVs Still On Track</a>



Why It's Important: The Tesla diner has been years in the works and with construction beginning in 2023, anticipation grew for the unique Tesla Supercharger location.



Earlier this year, the Tesla diner was found on the company's app, which suggested that the app could be used in the future to order food at the restaurant.



As Tesla fans try to get sneak peeks of the restaurant and movie screens, Musk <a href="https://x.com/Teslarati/status/1946251258257362958">confirmed </a>that people will be able to order food from inside their vehicles. A report said people will be able to get the audio from the movie screens inside their vehicles as well.



Images show the unique location, which looks like it combines elements of a drive-in restaurant, Tesla supercharger location and as Teslarati puts it, "almost reminiscent of a Tesla version of Buc-ee's.



Along with food options, there is a chance that Tesla offers some merchandise and collectibles, which could make this a destination stop for many Tesla fans and could put it on par with the viral fame Buc-ee's has for its large stores and being a one-stop shop for people on the go.



Early site designs labeled the diner as Millways, the name of the restaurant in "The Hitchhiker's Guide to the Galaxy," which is one of Musk's favorite books.



Fans are eagerly awaiting an official opening date and the full menu release. Another detail that has yet to be announced is payment options. Guests are likely to be able to pay inside the Tesla app.



Musk previously promised that meme cryptocurrency Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) would be accepted at this unique Supercharger location. &nbsp;



&#8220;And, of course, you can pay in Doge,&#8221; Musk previously&nbsp;<a href="https://twitter.com/elonmusk/status/1494840576264454145" target="_blank" rel="noreferrer noopener">said</a>.



Time will tell if all Musk's plans and hopes end up being true.



Read Next: •<a href="https://www.benzinga.com/markets/earnings/25/06/46159897/on-this-day-15-years-ago-elon-musks-tesla-took-a-risk-on-the-public-markets-now-its-paid-off-nearly-300-times-over"> On This Day 15 Years Ago, Elon Musk&#8217;s Tesla Took A Risk On The Public Markets — Now It&#8217;s Paid Off Nearly 300 Times Over</a>



Photo: Josiah True via Shutterstock

Elon Musk's Hitchhiker's Galaxy Meets Buc-ee's Drive-In Restaurant Nears Completion: Will Tesla Accept Dogecoin?

Cryptocurrency markets are trading sideways on Friday as Bitcoin continues to trade below the $118,000 mark.



<figure class="wp-block-table"><table class="has-fixed-layout"><tbody><tr><td>Cryptocurrency</td><td>Ticker</td><td>Price</td></tr><tr><td>Bitcoin</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td><td>$117,506.77</td></tr><tr><td>Ethereum</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)</td><td>$3,583.13</td></tr><tr><td>Solana</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)</td><td>$178.23</td></tr><tr><td>XRP</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>)</td><td>$3.45</td></tr><tr><td>Dogecoin</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td><td>$0.2352</td></tr><tr><td>Shiba Inu</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>)</td><td>$0.00001477</td></tr></tbody></table></figure>



Notable Statistics:



<ul class="wp-block-list">
<li>IntoTheBlock data shows large transaction volume and daily active addresses increasing by 13.4% and 12.4% respectively. Transactions greater than $100,000 are up from 11,451 to 12,641 in a single day. Exchanges netflows are down by 77.7%.</li>



<li>Coinglass data shows 190,589 traders were liquidated in the past 24 hours for $909.36 million.</li>



<li>The top gainers/losers in the past 24 hours include Pump.fun (CRYPTO: PUMP), SPX6900 (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">SPX</a>) and Fartcoin (CRYPTO: FARTCOIN)</li>
</ul>



Notable Developments:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46497183/first-strategy-now-mei-pharma-litecoin-joins-bitcoin-as-treasury-asset">First Strategy, Now MEI Pharma: Litecoin Joins Bitcoin As Treasury Asset</a></li>



<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46494778/67m-for-more-eth-bit-digital-expands-its-ethereum-treasury-beyond-120000-coins">$67M For More ETH: Bit Digital Expands Its Ethereum Treasury Beyond 120,000 Coins</a></li>



<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46489126/another-1-1-billion-is-this-bitcoin-ethereum-etf-buying-spree-sustainable">Another $1.1 Billion: Is This Bitcoin, Ethereum ETF Buying Spree Sustainable?</a></li>



<li><a href="https://www.benzinga.com/trading-ideas/movers/25/07/46494592/coinbase-stock-soars-to-all-time-high-on-landmark-crypto-legislation">Coinbase Stock Soars To All-Time High On Landmark Crypto Legislation</a></li>



<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46491139/donald-trump-jr-backed-thumzup-media-approves-250m-in-bitcoin-ethereum-xrp-sol-dogecoin-treasury-purchases">Donald Trump Jr-Backed Thumzup Media Approves $250M In Bitcoin, Ethereum, XRP, SOL, Dogecoin Treasury Purchases</a></li>



<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46487109/ripple-ceo-hails-genius-act-as-transformational-legislation-compares-it-to-dodd-frank-act-this-moment-is-a-historic-one">Ripple CEO Hails GENIUS Act As &#8216;Transformational Legislation,&#8217; Compares It To Dodd-Frank Act: &#8216;This Moment Is A Historic One&#8217;</a></li>
</ul>



Trader Notes: Crypto trader Jelle emphasized the importance of a weekly breakout for Bitcoin, suggesting it could trigger a surge in bullish momentum or mark a key trend reversal. 



He expressed growing excitement about the upside potential if BTC can break from its current range.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I wouldn&#39;t underestimate the power of a weekly breakout &#x1f440;<a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> <a href="https://t.co/8ntAMVZcOJ">pic.twitter.com/8ntAMVZcOJ</a>&mdash; Jelle (@CryptoJelleNL) <a href="https://twitter.com/CryptoJelleNL/status/1946213781786259953?ref_src=twsrc%5Etfw">July 18, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



In another X post, Jelle <a href="https://x.com/CryptoJelleNL/status/1946160697781416109">pointed</a> out that Bitcoin may remain range-bound over the weekend, but a sharp breakout could occur early next week. 



He warned that such a move could lead to a temporary pullback in altcoins, creating ideal dip-buying opportunities, a classic sign of capital rotating back into Bitcoin.



CrediBULL Crypto analyzed analyzed Bitcoin's Elliott Wave structure, noting that the 4th subwave correction appears near completion. 



According to him, the impulsive 5th wave, typically a strong upward move, is still in play, hinting at an imminent breakout once this consolidation resolves.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Still missing that impulsive 5th subwave here&#8230;4th should be wrapping up soon&#8230;<a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> <a href="https://t.co/QOY0DTbH5Q">https://t.co/QOY0DTbH5Q</a> <a href="https://t.co/EUz372ep5D">pic.twitter.com/EUz372ep5D</a>&mdash; CrediBULL Crypto (@CredibleCrypto) <a href="https://twitter.com/CredibleCrypto/status/1946272009362543044?ref_src=twsrc%5Etfw">July 18, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Bitcoin.com News <a href="https://x.com/BTCTN/status/1946270646247248207">reported</a> that Bitcoin dominance has slipped to a 4-month low, even as Ethereum, XRP, and other altcoins surge. 



This signals that traders are rotating profits from Bitcoin's all-time highs into altcoins, a typical hallmark of a summer altcoin season. 



While Bitcoin is still expected to rally again, the current price action favors alts in the short term.



Read Next:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/25/07/46476705/are-you-up-on-your-bitcoin-eth-xrp-holdings-take-out-enough-prominent-whale-cautions">Are You Up On Your Bitcoin, ETH, XRP Holdings? &#8216;Take Out Enough,&#8217; Prominent Whale Cautions</a></li>
</ul>

Bitcoin Stuck Below $118,000 As Ethereum, XRP, Dogecoin Extend Gains

<figure class="wp-block-image size-large"><img decoding="async" src="https://thearorareport.com/wp-content/uploads/2025/07/2025-07-18_08h18_46.png" alt=""/></figure>



To gain an edge, this is what you need to know today.



<h4 class="wp-block-heading">Trump Gambit</h4>



Please <a href="https://thearorareport.com/stock-market-chart-analysis-crypto-bills-bitcoin-btc.usd-07182025">click here</a> for an enlarged chart of Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>).



Note the following:



<ul class="wp-block-list">
<li>The chart shows that after the breakout above zone 1 (support), bitcoin has been consolidating in a narrow range.</li>



<li>Typically, the bitcoin pattern shown on the chart leads to a pullback before a move higher.&nbsp; However, a new executive order that President Trump is about to sign has the potential to not only stop the pullback but push bitcoin higher.&nbsp; The first magnet for traders is $140K.</li>



<li>President Trump's executive order has the potential to push bitcoin to $250K and then potentially to $1M in the long term.&nbsp; By now, you may be asking what is President Trump about to do that is going to light a fire under bitcoin — President Trump appears to be ready to sign an executive order to open the floodgates of retirement money, including 401K money, to cryptos.</li>



<li>To understand what President Trump is about to do, investors need to understand the history of retirement plans in the United States.
<ul class="wp-block-list">
<li>Before 1963, retirement fund scandals were common, as there were not stringent federal requirements to protect workers' retirement money.&nbsp; Many employers raided their pension funds for ulterior purposes and often mismanaged retirement funds that cost workers their retirement.&nbsp;&nbsp;</li>



<li>The key catalyst came in 1963, when the Studebaker Auto Company collapsed, causing thousands of workers to lose their pensions.&nbsp; The Studebaker collapse and other scandals lead to Congress passing the Employee Retirement Income Security Act (ERISA).</li>



<li>ERISA established three standards:
<ul class="wp-block-list">
<li>Retirement plan sponsors have a fiduciary duty to act prudently in the best interest of participants.</li>



<li>Investment decisions must be made in a way that a prudent man would make to protect retirement funds.</li>



<li>Retirement plans must avoid concentration of assets in risky assets.</li>
</ul>
</li>
</ul>
</li>



<li>As crypto gained popularity, in 2022 the Department of Labor cautioned plan sponsors against including cryptos in 401K's due to the high risk.</li>



<li>President Trump is now set to issue an executive order directing regulators to remove barriers to retirement plan money, especially 401K money, to flow into cryptos.</li>



<li>Prudent investors need to get ahead of the curve and understand that President Trump's action will open the floodgates of 401K money to cryptos.&nbsp;&nbsp;</li>



<li>Prudent investors also need to look ahead to midterm elections.&nbsp; In a midterm election, historically, the President's party loses an average of 3.6 Senate seats and 28 House seats.</li>



<li>Opening the floodgates of 401K money to crypto will strengthen the financial support the crypto industry has been providing to President Trump.&nbsp; The crypto industry provided more than $250M to support Trump's campaign for re-election.</li>



<li>Allowing cryptos in 401Ks will open up a new source of revenue for Wall Street firms, increasing support of Wall Street firms for Republicans in the midterm elections.</li>



<li>Money is a big influence in U.S. elections.&nbsp; Prudent investors should expect many Democrats who have been resistant to cryptos to change their minds and jump on the crypto bandwagon to raise money for the midterm election.</li>



<li>In our analysis, here is a key question prudent investors need to ask: The prevailing wisdom is that cryptos can only go up, what happens if the prevailing wisdom turns out to be wrong and cryptos go down?&nbsp; If cryptos in 401K's go up, it will certainly help Republicans in the midterm elections, but what happens if people lose money on cryptos in their 401K's?&nbsp; If cryptos go down and people lose their retirement funds, will they blame President Trump and in hindsight, call this an imprudent policy?</li>



<li>Allowing cryptos in 401K's will also help the stock market as long as the prevailing wisdom that cryptos only go up proves correct.&nbsp;</li>



<li>Should prudent investors be swept into the frenzy generated by the prevailing wisdom that cryptos only go up?&nbsp; In our analysis, prudent investors need to remember that history has shown us the prevailing wisdom often turns out to be wrong.&nbsp;&nbsp;</li>



<li>Prudent investors should pay special attention to our second law of investing and trading: "Nobody knows with certainty, what is going to happen next in the markets."</li>



<li>In our analysis, there is merit to cryptos, but they should only be a very small part of the portfolio at this time.&nbsp; As full disclosure, iShares Bitcoin Trust ETF (IBIT) is in the Core Model Portfolio of our ZYX Buy and our ZYX Allocation.</li>



<li>Monthly options are expiring today.&nbsp; So far this week, option expiration has been exerting upside influence on the stock market.</li>
</ul>



<h4 class="wp-block-heading">Magnificent Seven Money Flows</h4>



In the early trade, money flows are positive in Apple Inc (AAPL), Amazon.com, Inc. (AMZN), Alphabet Inc Class C (GOOG), Meta Platforms Inc (META), Microsoft Corp (MSFT), NVIDIA Corp (NVDA), and Tesla Inc (TSLA).



In the early trade, money flows are positive in SPDR S&amp;P 500 ETF Trust (SPY) and Invesco QQQ Trust Series 1 (QQQ).



<h4 class="wp-block-heading">Momo Crowd And Smart Money In Stocks</h4>



Investors can gain an edge by knowing money flows in SPY and QQQ.&nbsp; Investors can get a bigger edge by knowing when smart money is buying stocks, gold, and oil.&nbsp; The most popular ETF for gold is SPDR Gold Trust (GLD).&nbsp; The most popular ETF for silver is iShares Silver Trust (SLV).&nbsp; The most popular ETF for oil is United States Oil ETF (USO).



<h4 class="wp-block-heading">Bitcoin</h4>



Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) is range bound.&nbsp;&nbsp;



<h4 class="wp-block-heading">Arora Protection Band And What To Do Now</h4>



It is important for investors to look ahead and not in the rearview mirror.&nbsp; Our proprietary Protection Band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors.&nbsp;



Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider a protection band consisting of cash or Treasury bills or short-term tactical trades as well as short to medium term hedges and short term hedges. This is a good way to protect yourself and participate in the upside at the same time.



You can determine your protection bands by adding cash to hedges.&nbsp; The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive.&nbsp; If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges.



A protection band of 0% would be very bullish and would indicate full investment with 0% in cash.&nbsp; A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling.



It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash.&nbsp; When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks.&nbsp; High beta stocks are the ones that move more than the market.



<h4 class="wp-block-heading">Traditional 60/40 Portfolio</h4>



Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time.



Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less.&nbsp; Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time.



The Arora Report is known for its accurate calls. The Arora Report correctly called the big artificial intelligence rally before anyone else, the new bull market of 2023, the bear market of 2022, new stock market highs right after the virus low in 2020, the virus drop in 2020, the DJIA rally to 30,000 when it was trading at 16,000, the start of a mega bull market in 2009, and the financial crash of 2008. Please click here to sign up for a free forever <a href="https://thearorareport.com/generate-wealth-newsletter-benzinga">Generate Wealth Newsletter</a>.



Benzinga Disclaimer: This article is from an unpaid external contributor. It does not represent Benzinga&#8217;s reporting and has not been edited for content or accuracy.

Trump To Reportedly Open The Floodgates Of 401K Money To Cryptos; Bitcoin Could Reach $250K

Charles Schwab (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHW#NYSE">SCHW</a>), one of the largest brokerage firms in the United States, has confirmed plans to launch Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) trading <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43923960/citadel-securities-moves-into-crypto-market-making-following-trumps-crypto-friendly-regulation-push">services for its retail clients.</a>



What Happened: The announcement was made by Schwab CEO Walt Bettinger during a conversation with CNBC on Friday, where he said, &#8220;We also anticipate launching Bitcoin and Ether sometime soon so that our clients have access to that… They really want to bring it back to Schwab because they trust us. They want it to sit alongside their other assets."



Bettinger noted that a significant number of Schwab clients currently hold a small portion of their crypto, typically 1–2%, at "digital native firms" but prefer consolidating those assets within Schwab's existing wealth management infrastructure. 



The firm expects this product rollout to be a growth driver.



Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46497183/first-strategy-now-mei-pharma-litecoin-joins-bitcoin-as-treasury-asset">First Strategy, Now MEI Pharma: Litecoin Joins Bitcoin As Treasury Asset</a>



Why It Matters: With this move, Charles Schwab joins a growing list of major brokerages offering direct crypto access:



<ul class="wp-block-list">
<li>Fidelity Investments launched Bitcoin and Ethereum trading for retail investors through its Fidelity Crypto platform in 2023.</li>



<li>Robinhood (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) supports trading for several cryptocurrencies, including BTC, ETH, Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>), and Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>), and has been active in crypto custody and wallet products.</li>



<li>Interactive Brokers introduced crypto trading in partnership with Paxos, allowing clients to trade BTC, ETH, Litecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/ltc/usd">LTC</a>), and BCH directly through its platform since 2021.</li>



<li>E&#x2A;TRADE, owned by Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>), began offering Bitcoin and Ethereum trading to select clients via third-party partnerships in 2024.</li>
</ul>



Schwab already has indirect crypto exposure through its participation in EDX Markets, a crypto exchange backed by Fidelity, Citadel Securities, and Virtu Financial. However, the forthcoming launch marks Schwab's first direct retail crypto offering.



The development comes as the U.S. Congress advances the CLARITY Act, landmark legislation passed by the House of Representatives in June.



The Act establishes clearer regulatory boundaries between the SEC and CFTC, creates tailored rules for decentralized networks, and provides a structured framework for token classification. 



The CLARITY Act aims to replace the current patchwork of enforcement with defined compliance pathways, giving traditional financial institutions the confidence to enter the digital asset space <a href="https://www.benzinga.com/crypto/25/07/46480331/the-us-just-took-a-big-step-toward-crypto-regulation-heres-what-the-clarity-act-actually-says">with fewer legal uncertainties.</a>



Read Next: 



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46494778/67m-for-more-eth-bit-digital-expands-its-ethereum-treasury-beyond-120000-coins">$67M For More ETH: Bit Digital Expands Its Ethereum Treasury Beyond 120,000 Coins</a></li>
</ul>



Image: Shutterstock

Charles Schwab To Launch Bitcoin, Ethereum Trading Services

Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) is surging as the first public companies are racing to adopt it as <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46486386/tom-lee-says-michael-saylor-led-strategys-35x-surge-wasnt-just-bitcoin-treasury-moves-far-more-significant-than-token-price-gain">a treasury asset.</a>



<figure class="wp-block-table"><table class="has-fixed-layout"><tbody><tr><td>Cryptocurrency</td><td>Ticker</td><td>Price</td><td>Market Cap</td><td>7-Day Trend</td></tr><tr><td>Dogecoin</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td><td>$0.2365</td><td>&nbsp;$35.5 billion</td><td>+14.7%</td></tr><tr><td>Shiba Inu</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>)</td><td>$0.00001487</td><td>&nbsp;$8.8 billion</td><td>&nbsp;+9.1%</td></tr><tr><td>Pepe</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">PEPE</a>)</td><td>$0.00001334</td><td>&nbsp;$5.6 billion</td><td>+3.3%&nbsp;</td></tr></tbody></table></figure>



Trader Notes: Crypto chart analyst Ali Martinez highlighted a developing double bottom formation on the DOGE chart, with the pattern pointing to a potential target of $0.42, about 77% higher from current levels.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Dogecoin <a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DOGE</a> seems to be shaping a double bottom pattern, targeting $0.42! <a href="https://t.co/EpaYIoPEtY">pic.twitter.com/EpaYIoPEtY</a>&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1946193990816067745?ref_src=twsrc%5Etfw">July 18, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Javon Marks went even further, <a href="https://x.com/JavonTM1/status/1946214886377128320">projecting</a> DOGE could hit $2.28 based on the 1.618 Fibonacci extension, citing past cycles where DOGE exceeded that level. That implies a potential 800% rally from here.



Daan Crypto Trades <a href="https://x.com/DaanCrypto/status/1946178640246366619">noted</a> that Dogecoin has been trading in a range for 6 months, but a breakout above $0.26 could unleash a sharp move into the $0.30–$0.40 zone, consistent with DOGE's historical tendency to move slowly, then suddenly explode upward.



Statistics: Martinez <a href="https://x.com/ali_charts/status/1946258666199650444">stated</a> that whales have purchased 1.08 billion DOGE in the past 48 hours. 



Bitinfocharts reflects wallets holding 0 to 0.1 DOGE and 0.1 to 1 DOGE, accounting for 35.2% and 9.6% of distribution respectively, reflected an increase in one week. This implies rising trader interest in the meme coin.



Coinglass data shows Dogecoin's open interest rallied 22.1% in a single day to $3.9 billion.



This implies high trader interest in the meme coin after it was adopted as a treasury asset by a company. 



Derivatives trading volume expanded by 86.7% in a single day.



Community News: Bit Origin <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46469259/a-dogecoin-treasury-company-bit-origin-plans-to-raise-500-million-to-do-just-that">raised $500 million to buy Dogecoin</a> and hold it as a core treasury reserve, the first-ever corporate move of this kind. 



This strategic adoption has changed sentiment, reinforcing Dogecoin's shift from meme to mainstream asset.



Read Next:&nbsp;



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46393874/dogecoin-soars-21-shiba-inu-skyrockets-17-in-7-days-are-meme-coins-back">Dogecoin Soars 21%, Shiba Inu Skyrockets 17% In 7 Days: Are Meme Coins Back?</a></li>
</ul>

Dogecoin Surges 14% In A Week: Is DOGE The Next Treasury Asset Boom?

MEI Pharma, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MEIP#NASDAQ">MEIP</a>) stock is trading higher on Friday, with a session volume of 35.64 million compared to the average volume of 29.8K, <a href="https://www.benzinga.com/pro/feature/newsfeed" target="_blank" rel="noreferrer noopener">as per data from Benzinga Pro</a>.



The company on Friday entered into a private investment in public equity (PIPE) for the purchase and sale of 29.2 million shares $3.42 per share, for expected aggregate gross proceeds of <a target="_blank" href="https://www.benzinga.com/pressreleases/25/07/b46490326/mei-pharma-announces-100-000-000-private-placement-to-initiate-litecoin-treasury-strategy-becoming" rel="noreferrer noopener">approximately $100 million</a>.



In connection with the closing of the transaction, MEI will appoint Charlie Lee to its board of directors. Current member Taheer Datoo will resign, and GSR will serve as its digital asset and treasury management advisor to oversee the implementation of its Litecoin Treasury Strategy.



Charlie Lee and GSR acted as lead investors, alongside participation from the Litecoin Foundation, crypto venture capital firms, and infrastructure providers.



The transaction marks a significant milestone in MEI&#8217;s long-term strategic plan.



It establishes MEI as the first and only publicly traded company to adopt Litecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/ltc/usd">LTC</a>) as a treasury reserve asset. Litecoin is a peer-to-peer cryptocurrency created by Charlie Lee in October 2011.



Due to its similarities to Bitcoin, Litecoin is often referred to as the &#8220;silver to Bitcoin&#8217;s gold.&#8221;



As one of the longest-running blockchains with 100% uptime since its inception, Litecoin has demonstrated a proven track record of growth and reliability with significant enterprise-grade use cases. By integrating Litecoin into its treasury operations, MEI gains access to a decentralized monetary asset that complements its cash management framework.



MEIP Price Action: MEI Pharma stock is up 31.54% at $5.92 at the last check on Friday.



Read Next:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/equities/25/07/46494057/schwabs-q2-revenue-rockets-25-1-million-new-accounts-added" target="_blank" rel="noreferrer noopener">Schwab&#8217;s Q2 Revenue Rockets 25%—1 Million New Accounts Added</a></li>
</ul>



Photo: PeopleImages.com &#8211; Yuri A on Shutterstock

Why Is MEI Pharma Stock Soaring On Friday?

XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>) has been one of the most polarizing altcoins in crypto, but one prominent trader shared a story about how it has paid off in a big way.



What Happened: Back in December 2019, crypto trader CrediBULL Crypto made a bold post: "Within 4 years, this XRP will buy me a Lambo. What color should I get?" 



At the time, he had invested $10,000 into XRP at around $0.1835, calling it an "accumulation buy" rather than a short-term trade. 



He predicted prices could dip to $0.13–$0.15 but stuck with the position.



Now, nearly five years later, that same <a href="https://x.com/CredibleCrypto/status/1945959515536408743">position</a> is worth $186,000, marking a 185x return. While the Lambo timeline was slightly off, the conviction paid off.



Despite the huge gains, CrediBULL isn't selling. He says XRP's real run is still ahead, and that Bitcoin&#8217;s ROI potential is now limited.



"I don't see BTC going to $300,000+ from here," he said, suggesting only a 2x upside remains for Bitcoin.



While others argue that Bitcoin offered better risk-adjusted returns, he disagrees — pointing to XRP's explosive upside in recent months and suggesting the altcoin cycle has more to give.



Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46477874/xrp-explodes-for-32-weekly-rally-to-form-a-golden-cross-all-time-highs-soon">XRP Explodes For 32% Weekly Rally To Form A Golden Cross: All-Time Highs Soon?</a>



What's Next: Santiment notes that XRP hasn't seen real retail fear of missing out yet, even as it leads recent altcoin rallies.



Pentoshi called XRP's behavior a clear sign of "bull market things."



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$XRP</a> my goodness bull market things <a href="https://t.co/rSri74ului">pic.twitter.com/rSri74ului</a>&mdash; &#x1f427; Pentoshi (@Pentosh1) <a href="https://twitter.com/Pentosh1/status/1946011034919039175?ref_src=twsrc%5Etfw">July 18, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



DonAlt <a href="https://x.com/CryptoDonAlt/status/1946087178909454673">shared</a> that his XRP bag has 6x'd in just a couple of months, while Bitcoin hasn't even doubled. "This is why people chase altcoins," Don said, adding that he's simply holding now and warns: He also <a href="https://x.com/CryptoDonAlt/status/1946084698158928327">felt</a> this is the most obvious trade of a lifetime and he still thinks there&#8217;s more upside. The higher it goes, the higher the risk. Don't get too greedy, he added.



Read Next:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46475904/344m-and-counting-what-is-ripple-co-founder-chris-larsen-planning-with-his-xrp-transfers">$344M And Counting: What Is Ripple Co-Founder Chris Larsen Planning With His XRP Transfers?</a></li>
</ul>



Image: Shutterstock

'Within 4 Years, This XRP WIll Buy Me A Lambo,' Trader Said In 2019 — Now He's Up $176,000

MEI Pharma (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MEIP#NASDAQ">MEIP</a>) has launched a $100 million Litecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/ltc/usd">LTC</a>) treasury program, backed by Titan Partners Group and <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46491139/donald-trump-jr-backed-thumzup-media-approves-250m-in-bitcoin-ethereum-xrp-sol-dogecoin-treasury-purchases">crypto investment firm GSR</a>.



The move includes the <a href="https://x.com/LTCFoundation/status/1946191121065164991">appointment</a> of Charlie Lee, the creator of Litecoin, to MEI's Board of Directors.



The Litecoin Foundation has also taken an investment position in MEI as part of the initiative.



The company's stock rose sharply from $4.20 to $11.45 following the announcement, before retracing to $6.00, reflecting market volatility after a significant change in strategic direction.



"For 14 years, Litecoin has consistently delivered a stable, low-cost, and accessible network for millions," said Lee. "This partnership with GSR and MEI Pharma brings that utility and mission into an institutional setting for the first time."



MEI joins a growing number of public companies allocating capital to cryptocurrencies as part of their treasury management. 



Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46494778/67m-for-more-eth-bit-digital-expands-its-ethereum-treasury-beyond-120000-coins">$67M For More ETH: Bit Digital Expands Its Ethereum Treasury Beyond 120,000 Coins</a>



Notable corporate treasury allocations in crypto:



<ul class="wp-block-list">
<li>Strategy began purchasing Bitcoin in August 2020, making it the largest public corporate holder of Bitcoin.</li>



<li>Tesla disclosed a $1.5 billion Bitcoin investment in early 2021, and though it later sold portions, it retained part of its BTC holdings on the balance sheet as of 2024 filings.</li>



<li>Bit Digital revealed in July 2025 that it had expanded its Ethereum holdings to over 120,000 ETH, part of a strategy that includes staking and validator operations.</li>
</ul>



MEI's Litecoin strategy is notable in that it centers entirely on LTC rather than Bitcoin or Ethereum. 



Litecoin, launched in 2011, is often used in payment applications and is supported by processors such as BitPay. 



As of today, MEI Pharma becomes the most prominent U.S.-listed company to formally allocate a nine-figure treasury position solely in Litecoin.



Read Next: 



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46491139/donald-trump-jr-backed-thumzup-media-approves-250m-in-bitcoin-ethereum-xrp-sol-dogecoin-treasury-purchases">Donald Trump Jr-Backed Thumzup Media Approves $250M In Bitcoin, Ethereum, XRP, SOL, Dogecoin Treasury Purchases</a></li>
</ul>



Image: Shutterstock

First Strategy, Now MEI Pharma: Litecoin Joins Bitcoin As Treasury Asset

Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>) is gaining momentum with the launch of the new Shytoshi AI paper, fueling speculation that SHIB could be entering a <a href="https://www.benzinga.com/money/shiba-inu-price-prediction">new bullish phase</a>.



<figure class="wp-block-table"><table class="has-fixed-layout"><tbody><tr><td>Cryptocurrency</td><td>Ticker</td><td>Price</td><td>7-Day Trend</td></tr><tr><td>Shiba Inu</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>)</td><td>$0.00001497</td><td> +10.5%</td></tr><tr><td>Dogecoin</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td><td>$0.2449</td><td> +21.6%</td></tr><tr><td>Pepe</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">PEPE</a>)</td><td>$0.00001341</td><td> +5.2%</td></tr></tbody></table></figure>



Trader Notes: Crypto analyst CJ flagged Shiba Inu's chart as forming a "pretty epic structure," with bid zones now primed for potential high-reward entries. 



While SHIB is near local resistance, the broader formation signals considerable upside if momentum persists.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SHIB</a> with a pretty epic structure here. If you&#39;re picking up some fresh here, you might be buying into local resistance, but to me this looks set to go much higher in terms of the overall picture. In terms of setting bids, this is how I&#39;d go about it (second chart). Idk if… <a href="https://t.co/IfLSlxxMWP">pic.twitter.com/IfLSlxxMWP</a>&mdash; CJ (@CJ900X) <a href="https://twitter.com/CJ900X/status/1946100779523379618?ref_src=twsrc%5Etfw">July 18, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Statistics: Shibburn reports an 869.7% spike in the burn rate, with 5.82 million SHIB burned in a single transaction 19 hours ago.



IntoTheBlock data shows Shiba Inu large transaction volume narrowed by 31.6% while daily active addresses grew 14.4% in a single day. Transactions greater than $100,000 rose from 78 to 99 during the same period.



Community News: Shiba Inu's official X account <a href="https://x.com/ShibainuCoin/status/1946060911795453962">confirmed</a> the token has broken its long-term downtrend, reclaiming the $0.000015 level with conviction. 



Key indicators turning bullish include: downtrend resistance breached, volume and momentum surging, whale accumulation underway and structure flipped bullish.



SHIB is now experiencing its strongest rally since February. A sustained move could see it reclaim $0.000017, opening the door to a test of $0.00002.



SHIB's marketing lead Lucie <a href="https://x.com/LucieSHIB/status/1946071597619532085">expressed </a>deep curiosity around the Shytoshi AI paper, calling it a turning point. "This feels like the beginning of a new narrative, SHIB CITY: The AI Utopia," she wrote, hinting that the meme coin might be entering a new era of storytelling, utility, and cultural relevance.



Read Next:&nbsp;



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46393874/dogecoin-soars-21-shiba-inu-skyrockets-17-in-7-days-are-meme-coins-back">Dogecoin Soars 21%, Shiba Inu Skyrockets 17% In 7 Days: Are Meme Coins Back?</a></li>
</ul>



Image: Shutterstock

Shiba Inu Rallies 10% In 1 Week: Can It Go Higher?

Bit Digital Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTBT#NASDAQ">BTBT</a>) has announced the purchase of 19,683 Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), bringing its total Ethereum holdings to <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46441190/600m-in-1-day-why-are-bitcoin-ethereum-etf-suddenly-so-bullish">approximately 120,306 ETH</a>.



What Happened: The <a href="https://www.prnewswire.com/news-releases/bit-digital-inc-continues-expansion-of-ethereum-holdings-to-approximately-120-000-eth-reinforcing-treasury-strategy-302508632.html">acquisition</a> was funded through proceeds from a recently completed $67.3 million registered direct offering to institutional investors, reinforcing Bit Digital's position as one of the largest institutional holders of Ethereum among public companies.



&#8220;With approximately 120,000 ETH, Bit Digital is positioned among the largest institutional Ethereum treasuries in the public markets,&#8221; said CEO Sam Tabar. &#8220;We view Ethereum as foundational to the next phase of digital financial infrastructure.&#8221;



Bit Digital's strategy aligns with a broader industry trend of public and private firms incorporating digital assets, beyond Bitcoin, into their treasuries.



In March 2024, Semler Scientific Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMLR#NASDAQ">SMLR</a>) announced it had purchased 581 Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) worth approximately $40 million at the time, following Strategy's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) playbook.



More recently, Thumzup Media Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TZUP#NASDAQ">TZUP</a>) authorized a<a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46491139/donald-trump-jr-backed-thumzup-media-approves-250m-in-bitcoin-ethereum-xrp-sol-dogecoin-treasury-purchases"> $250 million crypto treasury diversification</a> that includes Bitcoin, Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>), Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>), Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>), Litecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/ltc/usd">LTC</a>), and USDC (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDC</a>).



Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46489126/another-1-1-billion-is-this-bitcoin-ethereum-etf-buying-spree-sustainable">Another $1.1 Billion: Is This Bitcoin, Ethereum ETF Buying Spree Sustainable?</a>



Why It Matters: Companies like Bit Digital and Thumzup are expanding beyond Bitcoin-only strategies, betting on the broader utility of programmable assets like Ethereum and the transactional efficiency of stablecoins and altcoins.



"Ethereum&#8217;s programmable nature, growing adoption, and staking yield model represent the future of digital assets," Tabar noted. 



Bit Digital has been accumulating ETH since 2022 and currently operates one of the largest institutional Ethereum staking infrastructures globally.



The company actively stakes the majority of its ETH and runs validator nodes, participating in network governance while generating yield. 



This dual approach, asset exposure and protocol participation, reflects how some publicly traded firms are embedding themselves into the crypto economy while maintaining compliance with traditional market standards.



Ethereum continues to play a critical role across decentralized finance (DeFi), stablecoin collateralization, and tokenized asset issuance. 



Bit Digital's move to deepen its Ethereum exposure echoes a strategic belief that ETH will underpin key financial and technical systems in the coming years.



Read Next: 



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46488447/bitcoin-ethereum-xrp-lead-crypto-market-cap-rebound-above-4-trillion">Bitcoin, Ethereum, XRP Lead Crypto Market Cap Rebound Above $4 Trillion</a></li>
</ul>



Image: Shutterstock

$67M For More ETH: Bit Digital Expands Its Ethereum Treasury Beyond 120,000 Coins

The Tokenization Race: Traditional Finance and New Finance Are Battling for Market Leadership in the Tokenization of Real-World Assets



Traditional finance is fast encroaching on what was once the brainchild of the fintech pioneers playing in the blockchain sandbox. You used to need a cryptocurrency exchange to buy and sell Bitcoin. Now Grayscale and other financial firms can do it for you, protected by the rules of the Securities and Exchange Commission. Fintech guys came up with another idea: let's tokenize real world assets (RWA) and build a market there.&nbsp; Wall Street got wind of it. Now they're in on it, too.



Tokenization is the process of converting real-world assets into digital tokens on a blockchain. This is reshaping traditional markets, and sets the table for a whole host of investment opportunities for retail investors who prefer to work within the rules of TradFi rather than the <a href="https://www.benzinga.com/markets/cryptocurrency/25/07/46299634/ftx-bitcoin-recovery-might-be-one-in-a-million-most-people-never-get-lost-crypto-back">hackable world</a> of the blockchain.&nbsp;



Fintech companies started tokenizing things like U.S. Treasury bonds, real estate and private equity. Toronto-based Polymath (<a href="https://www.benzinga.com/quote/POLY-USD">POLY</a>) is often credited as one of the pioneering fintech companies in this space. They&nbsp; also developed Polymesh, an institutional-grade blockchain tailored for regulated assets, emphasizing security and compliance for investors who don't want to lose their shirts in new investment schemes.



"Tokenization marks a change in how value is transferred to investors," said Alex Zhang, Chief Executive Officer of the Pharos Network, a Layer 1 blockchain platform focused on RWAFi.



"In the traditional investment world, buying bonds or private equity often requires high minimum investments, long lockup periods, and unclear processes. Tokenization aims to make these assets tradable, fractional, and programmable," said Zhang. "They become more like a DeFi product while still being tied to real value." 



Pharos was founded by former AntChain and Alibaba blockchain leaders around two years ago. The network is currently in its internal development phase, having launched a public testnet on March 6, 2025.



Wall Street regulars are diving into this trend hard, promising more liquidity, easy access and security.&nbsp;



<h2 class="wp-block-heading">TradFi Moving Into Tokenization of Real World Assets</h2>



BlackRock, Franklin Templeton, and Goldman Sachs are the main ones offering digital versions of traditional assets to investors of all sizes.



<ul class="wp-block-list">
<li>BlackRock's <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44473477/blackrock-brings-tokenized-money-market-fund-buidl-to-solana">BUIDL </a>Fund: Tokenized U.S. Treasuries on seven different blockchain platforms. In March 2024, BlackRock launched the BlackRock USD Institutional Digital Liquidity Fund on Ethereum. This tokenized money market fund hit $657.41 million in assets under management within six weeks. BUIDL offers daily dividends and seamless blockchain-based transfers, making it a game-changer for institutional and retail investors seeking decent yield in digital assets.</li>



<li>Franklin Templeton's On-Chain Money Market Fund (<a href="https://www.benzinga.com/content/43671262/franklin-templeton-launches-tokenized-money-market-fund-fobxx-on-solana">FOBXX</a>): Franklin Templeton's FOBXX fund, tokenized on Stellar (<a href="https://www.benzinga.com/quote/XLM-USD">XLM</a>) and Polygon (<a href="https://www.benzinga.com/quote/MATIC-USD">MATIC</a>), allows investors to use tokens as liquid collateral, reducing risks during market volatility. By enabling peer-to-peer transfers, the fund enhances liquidity for U.S. Treasury-backed assets, appealing to investors who want 24/7 access to high-quality, low-risk investments without traditional settlement delays.</li>



<li>Citibank's Private Equity Tokenization Experiment: In February 2024, <a href="https://www.avax.network/about/blog/citi-tests-benefits-of-private-markets-tokenization-with-avalanche-evergreen-subnet-spruce">Citibank </a>partnered with <a href="https://www.benzinga.com/markets/cryptocurrency/22/12/29996853/exclusive-there-will-be-a-time-when-defi-decentralized-finance-becomes-just-fi-says-top-av">Ava Labs</a> to explore tokenizing private equity funds on the Avalanche blockchain. </li>
</ul>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
"Blockchain tokenization isn't about inventing new assets—it's about putting the same Treasury bills, apartment buildings and private-equity units you already know on faster, tamper-proof rails," said Denis Petrovcic, CEO and Co-Founder of Blocksquare, 
</blockquote>



"BlackRock's new $150 billion tokenized Treasury share class and Franklin Templeton's money-market fund still follow 1940-Act rules; their shareholder ledgers now live on the Avalanche blockchain instead of with a traditional financial transfer agent. Plus you get faster settlement times and lets smaller tickets trade around the clock," Petrovcic said.



Blocksquare exists to "offer world class real estate investment deals to anyone with an internet connection," according to their YouTube channel. They most recently worked with Florida's Vera Group, bringing a $1 billion U.S. real estate portfolio on-chain—fractionalizing Vera Group's property portfolio for retail investors. 



"Sixteen independent marketplaces already operate on our network, and we expect that number to rise sharply as this market grows," Petrovic said. "There isn&#8217;t a minimum investment—you could purchase a fractional stake as small as $1 in a $100 million property. The true innovation lies in the ability to create a diverse, REIT-like portfolio on-chain that spans different continents with just a few hundred dollars, all while avoiding the typical operational expenses associated with traditional REITs," he said of real estate investment trusts.



<h2 class="wp-block-heading">What Tokenization Provides Investors</h2>



High-value assets like real estate or private equity become accessible to retail investors and it seems like the big traditional finance firms are willing to put this on the blockchain rather than create an ETF, for example.&nbsp;&nbsp;



Tokenized assets are like Bitcoin. Investors can buy and sell any time of day, something that can surely not be done in traditional real estate and private equity, let alone selling stocks on a Saturday.



Blockchain-based trades enable near-instantaneous transactions, reducing the traditional T+3 of traditional markets. Traditional finance brings more security to these blockchain trades, giving investors the feeling that their money is safely in the hands of long-time, trusted, Wall Street investment houses. 



Some of these assets offer high yield. Tokenized private credit, for instance, offers average yields of 9.42%, attracting investors with a higher risk profile.



"For tokenization to grow, the blockchain itself must include compliance, identity rules, and asset transfer rules from the start," said Zhang.&nbsp;



Solana (<a href="https://www.benzinga.com/quote/sol-USD">SOL</a>), Ethereum (<a href="https://www.benzinga.com/quote/ETH-USD">ETH</a>) and Polygon are the top three host blockchains for tokenization of real world assets.&nbsp;



"We are focused on merging the speed and openness of DeFi with the legal and regulatory needs of traditional finance," Zhang said. "This is a long-term change. In the short term, it is about yields and liquidity. But in the long term, it is about transforming how capital markets operate."



Many new companies will sprout out of this. But despite traditional Wall Street players getting in on the act, they are contracting with the old hands in the blockchain space. Investors might be relying on the traditional Wall Street names to buy tokenized assets. But those same firms are relying on major, investable blockchains and other fintech outfits that will also benefit from the growth in this market.&nbsp;



Tokenization of the Treasury bond market is seen reaching around $300 billion by 2030, a 30-times increase from 2023/24 levels. This implies a compound annual growth rate (CAGR) of around 60%, according to McKinsey.



The Financial Times <a href="https://www.ft.com/content/24133257-62eb-41f5-9778-0be200fd3b7d">reported </a>on July 7 that total assets held in tokenized Treasury products have jumped 80% so far this year to $7.4 billion, citing data group RWA.xyz. Funds run by BlackRock, Franklin Templeton and Janus Henderson Anemoy have grown rapidly, with inflows reportedly driven by crypto traders who are choosing these assets to diversify away from stable coins and staking.



The real money is in real estate.



The tokenized real estate market is forecast to grow from around $300 billion in 2024 to $4 trillion by 2035, a 27% CAGR over that time period, <a href="https://www.deloitte.com/us/en/insights/industry/financial-services/financial-services-industry-predictions/2025/tokenized-real-estate.html">according to Deloitte.</a>&nbsp;



This summer, Dubai-based digital assets investments platform, <a href="https://www.benzinga.com/25/05/45620207/ripple-slipped-as-dubai-launches-real-estate-tokenization-on-xrpl-future-oi-climbs">Prypco</a>, tokenized and sold a villa worth 1.75 million dirhams ($476,515) in <a href="https://timesofindia.indiatimes.com/world/middle-east/uae-what-is-real-estate-tokenization-dubais-prypco-sells-out-dh1-75-million-tokenized-villa-in-under-5-mins/articleshow/122419572.cms?utm">under five minutes</a>.&nbsp;



Disclosure: The author of this article is an investor in the Grayscale Bitcoin ETF.



Benzinga Disclaimer: This article is from an unpaid external contributor. It does not represent Benzinga&#8217;s reporting and has not been edited for content or accuracy.

The Race For Market Leadership In RWA Tokenization

Thumzup Media Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TZUP#NASDAQ">TZUP</a>), a digital adtech company backed by <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45966444/donald-trump-jr-says-his-father-doesnt-touch-the-family-backed-crypto-company-despite-disclosure-of-57-million-income">Donald Trump Jr.</a>, has received board approval to allocate up to $250 million into cryptocurrencies.



What Happened: The board authorization allows Thumzup to hold a diversified portfolio including Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>), Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>), Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>), Ripple (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>), Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>), Litecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/ltc/usd">LTC</a>), and USDC (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDC</a>).



The <a href="https://thumzupmedia.com/investor-relations/investor-news/news-details/2025/Thumzup-Media-Corporations-Board-of-Directors-Authorizes-Company-to-Hold-up-to-250-Million-in-Cryptocurrencies/default.aspx">announcement</a> reflects a growing trend of Trump-aligned businesses embracing digital assets as part of broader treasury strategies.



Thumzup CEO Robert Steele said the decision comes amid a shift in the U.S. regulatory landscape.



"As the U.S. federal government moves toward more crypto-friendly policies and greater regulatory clarity, Thumzup is committed to remaining at the forefront of this transformative technology," Steele said.



Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46488447/bitcoin-ethereum-xrp-lead-crypto-market-cap-rebound-above-4-trillion">Bitcoin, Ethereum, XRP Lead Crypto Market Cap Rebound Above $4 Trillion</a>



Why It Matters: Thumzup's decision echoes a pattern seen across several Trump-affiliated ventures.



Trump Media &amp; Technology Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMTG#NASDAQ">TMTG</a>), the parent of Truth Social, holds a material stake in Trump-themed tokens and has promoted crypto-friendly payment processors on its platform.



In 2024, campaign finance filings revealed Donald Trump&#8216;s own crypto holdings, which included ETH and various Trump-themed meme coins received from supporters. 



Trump also declared support for Bitcoin mining and stablecoin innovation during campaign events earlier this year.



Thumzup&#8217;s portfolio allocation expands beyond Bitcoin to include XRP and DOGE, both of which have strong retail investor bases and growing adoption in payments and remittances. 



The decision to include USDC indicates a hedge toward on-chain dollar exposure amid crypto market volatility.



The board&#8217;s approval makes Thumzup one of the few publicly traded companies to formally adopt a multi-asset crypto treasury strategy that includes meme coins, stablecoins, and Layer-1 tokens. 



The firm says it aims to "create significant value for TZUP shareholders" through strategic exposure to the evolving crypto market.



Read Next: 



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/25/07/46480331/the-us-just-took-a-big-step-toward-crypto-regulation-heres-what-the-clarity-act-actually-says">The US Just Took A Big Step Toward Crypto Regulation—Here&#8217;s What The Clarity Act Actually Says</a></li>
</ul>



Image: Shutterstock

Donald Trump Jr-Backed Thumzup Media Approves $250M In Bitcoin, Ethereum, XRP, SOL, Dogecoin Treasury Purchases

Cryptocurrency markets are trading higher on Friday morning, with Dogecoin recording the biggest overnight gains.



<figure class="wp-block-table"><table class="has-fixed-layout"><tbody><tr><td>Cryptocurrency</td><td>Ticker</td><td>Price</td></tr><tr><td>Bitcoin</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td><td>$119,078.45</td></tr><tr><td>Ethereum</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)</td><td>$3,607.77</td></tr><tr><td>Solana</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)</td><td>$178.14</td></tr><tr><td>XRP</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>)</td><td>$3.45</td></tr><tr><td>Dogecoin</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td><td>$0.2395</td></tr><tr><td>Shiba Inu</td><td>(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>)</td><td>$0.00001490</td></tr></tbody></table></figure>



Notable Statistics:



<ul class="wp-block-list">
<li>IntoTheBlock data shows Bitcoin and Ethereum large transaction increased by 13.4% and 4.8%, respectively. Daily active addresses jumped 12.4% and jumped 4.5%, respectively.</li>



<li>Coinglass data shows 177,684 traders were liquidated in the past 24 hours for $822.87 million.</li>



<li>SoSoValue data shows net inflows of $522.6 million into spot Bitcoin ETFs on Thursday. Spot Ethereum ETFs saw net inflows of $602 million.</li>
</ul>



Trader Notes: Crypto chart analyst Ali Martinez highlighted that traders are heavily shorting Bitcoin, creating a major liquidation wall at $121,500, which could act as a barrier to upward momentum.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Traders keep shorting Bitcoin <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a>, building a big liquidation wall at $121,500! <a href="https://t.co/jk1fsJgDkB">pic.twitter.com/jk1fsJgDkB</a>&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1946105558907384058?ref_src=twsrc%5Etfw">July 18, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



More Crypto Online <a href="https://x.com/Morecryptoonl/status/1946148154962801040">noted</a> that Bitcoin is still tracking within its expected pattern. One more dip remains possible, but as long as $116,660 holds, the preferred outlook is a continuation higher.



Crypto trader CJ <a href="https://x.com/CJ900X/status/1946095205326671907">warned</a> of a possible Ethereum reversal, pointing to a divergence between ETH and BTC.



If Bitcoin begins to sell off and confirms this divergence, it could mark a local top, a signal he's watching closely. Altcoins still show momentum, but caution is advised.



On Solana, crypto trader Jelle <a href="https://x.com/CryptoJelleNL/status/1946103049241456970">said</a> the coin is smashing into key resistance at $180. 



A decisive break above $200 would open the door for a much bigger move upward. He labeled $200 as the final major level for bears to defend.



GalaxyBTC called out XRP's continuous surge, noting there's no more resistance overhead and predicting "historic times ahead" for the token.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$XRP</a> train is on the move. No more resistance on the chart. Historical times indeed. <a href="https://t.co/XdLQbAlqxZ">pic.twitter.com/XdLQbAlqxZ</a>&mdash; Galaxy (@galaxyBTC) <a href="https://twitter.com/galaxyBTC/status/1946076053765534058?ref_src=twsrc%5Etfw">July 18, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Galaxy also <a href="https://x.com/galaxyBTC/status/1946074644433248496">observed</a> that Dogecoin has completed its breakout and retest, suggesting a strong setup for outperformance in the near term.



Read Next:



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46475118/bitcoins-4-year-cycle-is-dead-researcher-says-heres-why-it-matters-for-xrp">Bitcoin&#8217;s 4-Year Cycle Is Dead, Researcher Says: Here&#8217;s Why It Matters For XRP</a></li>
</ul>



Image: Shutterstock

Bitcoin Consolidates Around $119,000 As Ethereum, XRP, Dogecoin Push Higher

Many people think their <a href="https://www.benzinga.com/crypto">cryptocurrency</a> sits safely inside their <a href="https://www.benzinga.com/topic/crypto-wallet">wallet</a>, but in reality, your wallet simply stores the private key that unlocks your funds, just like a plastic bank card gives you access to your bank account but does not hold cash itself.



With billions in crypto assets on the line, cryptocurrency wallets can be prime targets for attackers looking for vulnerabilities. Whether you are a casual investor or an active trader, it is worth understanding how crypto wallets work, what makes them unique, and what steps you can take to keep your digital assets secure.



<h2 class="wp-block-heading">Cryptocurrency Wallet Risks and Threats</h2>



Despite their variety, cryptocurrency wallets generally fall into two main categories:



<ul class="wp-block-list">
<li>Cold wallets, such as hardware wallets, require physical access.</li>



<li>Hot wallets, such as browser-based or mobile apps, remain connected to the internet.</li>
</ul>



Cold wallets do not connect to the internet by default, which makes them one of the safest ways to store cryptocurrency. Examples include paper wallets, USB drives, or dedicated hardware devices. However, they still need to be connected to a computer or phone occasionally to sign transactions or move funds. It is important to remember that when using cold wallets, the owner is fully responsible for safeguarding the private keys and any assets those keys unlock. With hot wallets, on the other hand, the responsibility for security largely falls on the service provider, such as a custodian or depository.



The main problems and threats faced by cryptocurrency wallet users include:



<ul class="wp-block-list">
<li>Loss of access</li>
</ul>



If a user loses their password, private key, or backup phrase, they may permanently lose access to their funds with no way to recover them. This loss does not always mean theft; it can simply be a case of forgetting important information. Mistakes in wallet management, storing a private key or backup phrase incorrectly, or losing a backup altogether, can have the same irreversible outcome.



<ul class="wp-block-list">
<li>Hacks and cyberattacks</li>
</ul>



Wallets are often targeted by attackers trying to access private keys and steal funds. Hackers use a variety of tactics to breach wallets, including malware, keyloggers, and sophisticated exploits that target software vulnerabilities in wallet apps or hardware devices. Cybercriminals may impersonate trusted services, send fake updates for wallet software, or exploit weaknesses in multi-signature setups.



<ul class="wp-block-list">
<li>Phishing, social engineering</li>
</ul>



Attacks can target not just technical vulnerabilities, but also human behavior, tricking users into revealing confidential information through deception, including the use of AI and deepfakes. Attackers can also set up fake websites and emails that mimic legitimate cryptocurrency services, tricking users into entering their login details and ultimately losing access to their funds.



<ul class="wp-block-list">
<li>Regulatory restrictions</li>
</ul>



For some users and regions, sanctions imposed by platforms at the request of foreign regulators (such as <a href="https://ofac.treasury.gov/">OFAC</a> or the <a href="https://www.sec.gov/">SEC</a>) pose significant risks. In some cases, exchanges simply block wallets entirely. Additionally, some jurisdictions may outright ban the use of specific wallet software or even prohibit cryptocurrency use altogether.



<ul class="wp-block-list">
<li>Insider threats</li>
</ul>



<a href="https://www.cisa.gov/topics/physical-security/insider-threat-mitigation/defining-insider-threats">Insider threats</a> are an increasing problem in the crypto space. Employees or contractors with privileged access can leak sensitive information about wallets, platforms, and transaction protocols, putting user funds at risk. These insiders might sell private data to hackers, create backdoors, or exploit security gaps for personal gain. Unlike external hacks, insider attacks are harder to detect and prevent because the perpetrators already have trusted access.



<ul class="wp-block-list">
<li>Quantum resistance issues</li>
</ul>



Many developers have recently turned their attention to protecting crypto wallets from future quantum computers, especially against brute-force attacks on private keys. While the threat from quantum computing might be overstated for now, it still exists, and how serious it becomes depends largely on the steps blockchain developers take before it is a reality. For example, Ethereum's developers are already working on <a href="https://ethresear.ch/t/how-to-hard-fork-to-save-most-users-funds-in-a-quantum-emergency/18901">quantum-resistant cryptographic techniques</a>, such as <a href="https://www.btq.com/blog/ethereums-roadmap-post-quantum-cryptography">Winternitz signatures and STARK zero-knowledge proofs</a>, to strengthen the network against potential quantum threats.



<h2 class="wp-block-heading">Examples of Vulnerabilities and Attacks</h2>



In August 2022, a significant theft of tokens from Solana wallets occurred due to a vulnerability linked to the centralized Sentry server infrastructure. Researchers discovered two new methods for extracting data from Solana wallets, including bit-flipping attacks that can compromise private keys or transaction data.



In late November 2023, up to 1.5 million bitcoins were reported to be at risk due to a vulnerability known as Randstorm. This flaw could enable attackers to recover passwords and gain unauthorized access to multiple wallets across different blockchain platforms. The vulnerability was tied to BitcoinJS, an open-source JavaScript library often used to develop cryptocurrency wallets in the browser. The core issue was insufficient entropy during key generation, making brute-force attacks feasible and allowing private keys to be recovered.



In December 2023, Bitcoin "inscriptions" were added to the U.S. National Vulnerability Database (NVD) and flagged as a cybersecurity risk. This listing aimed to highlight security flaws introduced during the development of the Ordinals protocol in 2022. Inclusion in the NVD means the vulnerability is recognized as significant enough to inform the public and help developers mitigate potential threats.



In December 2023, attackers exploited the Ethereum CREATE2 opcode to steal around $60 million. CREATE2 is a legitimate feature that lets developers deploy smart contracts with addresses that can be pre-calculated before deployment. However, this created a loophole that attackers used to bypass wallet security checks. By generating new contract addresses with no suspicious history, they tricked victims into signing malicious transactions. Once signed, the attackers deployed the malicious contracts at those pre-determined addresses and drained the victims' assets.



In December 2023, many crypto services were put at risk by a hack involving Ledger's wallet software. Attackers compromised widely used code for Ledger's wallet-connect feature, which is integrated into numerous decentralized applications (dApps). Although the vulnerability was quickly patched, it forced the administrators of several popular decentralized services to disable their user interfaces to prevent further damage. Ledger confirmed that the malicious code was removed, but the exploit was active for about two hours and affected many high-profile crypto projects.



<h2 class="wp-block-heading">Cryptocurrency Wallet Risk and Vulnerability Management</h2>



When it comes to securing cryptocurrency wallets, the advice often sounds basic, but that does not make it any less essential:



<ul class="wp-block-list">
<li>Always choose a trusted, <a href="https://www.benzinga.com/money/best-crypto-wallets">reputable cryptocurrency wallet</a> to minimize your risk of hacks and vulnerabilities. Consider using multi-signature wallets for added security, especially for larger amounts or shared accounts.</li>
</ul>



<ul class="wp-block-list">
<li>Keep your system and software up to date. Regularly updating your wallet and any related software helps patch known vulnerabilities and keeps your setup secure.</li>
</ul>



<ul class="wp-block-list">
<li>Use strong, unique passwords for any wallet accounts and related services, and keep them in a secure <a href="https://www.benzinga.com/money/business/best-password-management-software">password manager</a>. Enable multi-factor authentication to add an extra layer of protection.</li>
</ul>



<ul class="wp-block-list">
<li>Regularly <a href="https://www.benzinga.com/money/business/best-backup-software">back up</a> your wallet's access keys and store them securely. This way, you can avoid losing your funds if your original wallet is lost or damaged. Test your backups periodically to make sure you can recover your wallet if your primary device is lost or damaged.</li>
</ul>



<ul class="wp-block-list">
<li>Take time to learn about cryptocurrency wallet security. Even a basic understanding of common threats and best practices can help you better protect your funds at home.</li>
</ul>



<ul class="wp-block-list">
<li>Separate your funds &#8211; keep day-to-day spending in a smaller hot wallet and store the rest in secure cold storage. Keeping significant funds offline reduces the risk of online hacks.</li>
</ul>



<ul class="wp-block-list">
<li>Always double-check wallet addresses before sending funds to avoid falling victim to address-swapping malware or phishing scams. Never click on suspicious links or share your private keys or recovery phrases with anyone.</li>
</ul>



<ul class="wp-block-list">
<li>Use trusted antivirus and anti-malware software to protect your devices from keyloggers and other threats.</li>
</ul>



<ul class="wp-block-list">
<li>Limit access to wallet devices. Do not let others use your devices without your supervision, and lock them when not in use.</li>
</ul>



<h2 class="wp-block-heading">Final Thoughts</h2>



It is important to build strong collaboration and mutual support within the crypto community to share knowledge about security issues and fix wallet vulnerabilities faster. It is time to start preparing for the emerging quantum threat by developing and implementing quantum-resistant protocols and technologies. In the next year or two, attackers may gain access to quantum algorithms capable of brute-forcing private keys.

How Secure Is Your Cryptocurrency Wallet?

<a href="https://www.benzinga.com/money/what-is-ethereum-etf">Spot Ethereum ETFs</a> recorded a net inflow of $602 million on July 17, marking the second-highest single-day inflow in history.



The inflow surpassed that of Bitcoin spot ETFs, which saw $523 million in net inflows on the same day, their 11th consecutive day of positive flow, according to <a href="https://sosovalue.com/assets/etf/us-btc-spot">data</a> from SoSoValue.



Combined, U.S. Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) and Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) spot ETFs have amassed $54.3 billion and $7.09 billion in cumulative net inflows, respectively.



What Happened: The surge in investor appetite comes amid renewed market optimism, robust macroeconomic indicators, and mounting regulatory clarity, themes echoed across institutional research from Glassnode and Coinbase (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>).



The dramatic capital rotation into ETH products aligns with a broader shift noted by analysts. "BTC is participating, but this rally belongs to ETH," said Dr. Sean Dawson, Head of Research at Derive.xyz. "The technical setup, option flows, and liquidations all point to a meaningful structural shift in positioning."



Ethereum ETFs also led in total value traded on July 17, reaching $2.29 billion, compared to Bitcoin's $3.7 billion, as tracked across major issuers like BlackRock, Grayscale, Fidelity, and Ark Invest. 



Notably, BlackRock&#8217;s Ethereum ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETHA#NASDAQ">ETHA</a>) recorded the largest daily net inflow of $546.7 million and holds over $8.4 billion in net assets.



Also Read: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46463794/1-5-billion-in-one-day-why-bitcoin-and-ethereum-etfs-are-running-wild">$1.5 Billion In One Day: Why Bitcoin And Ethereum ETFs Are Running Wild</a>



From a macro and on-chain lens, the report by Coinbase and Glassnode highlights that Ethereum's liquid supply rose 8% in Q2, while illiquid supply — coins held for over a year — declined by 6%. 



Concurrently, ETH's MVRV (Market Value to Realized Value) ratio swung from negative in Q1 to positive in Q2, confirming improving profitability among holders. 



The share of ETH in profit rose from under 40% to nearly 90% during the quarter.



"With macro tailwinds, falling rates, and ETF momentum aligning, the back half of 2025 is setting up to be Ethereum's strongest in years," Dr. Dawson added.



Bitcoin, meanwhile, maintained strong institutional demand. 



As noted in the Glassnode report, U.S. spot Bitcoin ETFs purchased over 225% of all newly mined BTC since January 2024, reflecting relentless buying pressure against a structurally constrained supply.



What&#8217;s Next: While Bitcoin&#8217;s ETF net assets remain dominant at $154.6 billion, Ethereum's growing share is being closely watched.



Ethereum spot ETFs now represent 4.19% of total ETH market cap, compared to 6.51% for Bitcoin.



Read Next: 



<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/25/07/46452094/trump-wishes-bitcoin-ethereum-xrp-happy-crypto-week-it-is-all-part-of-make-america-great-again">Trump Wishes Bitcoin, Ethereum, XRP &#8216;Happy Crypto Week!&#8217; — &#8216;It Is All Part Of Make America Great Again&#8217;</a></li>
</ul>



Image: Shutterstock

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