👉Weekly Market News Summary for July 29th:
- Bitcoin is comfortably sitting at $69,500 after a price surge this morning.
- Solana has overtaken $BNB on the total market cap chart for the second time this year, with a God candle pushing $SOL from $187.52 to $192.11. Currently, $SOL's market cap stands at $89.8B, surpassing $BNB by more than $3B.
- The total inflow for $BTC ETF is $535.3M, which is nearly half a billion USD less than the inflow from the previous two weeks.
- Unlike Bitcoin, the first week of $ETH ETF's launch saw a sell-the-news event impacting both $ETH's price and ETF inflows, resulting in a total outflow of -$341.8M over the first four trading days.