Cryptocurrency Market Trends - NFT market cap surges 21% to $6.3 billion [1] - Bitcoin ETFs experience a six-week inflow streak, exceeding $10 billion in net additions [1] - Ethereum open interest reaches $24.5 billion as traders pursue rally [1] Cryptocurrency Updates - Ethereum's Fusaka upgrade is scheduled for November, with Glamsterdam planning the next upgrade [1] Government & Regulation - UK government considers selling £5 billion seized Bitcoin to address fiscal shortfall [1]

July 21 Update:10 #Bitcoin ETFsNetFlow: +3,822 $BTC(+$454M)🟢#iShares(Blackrock) inflows 4,225 $BTC($501.81M) and currently holds 735,741 $BTC($87.39B).9 #Ethereum ETFsNetFlow: +110,473 $ETH(+$422M)🟢#iShares(Blackrock) inflows 110,758 $ETH($423.1M) and currently holds 2,571,519 $ETH($9.82B).https://t.co/GIkFrH760B ...

From July 14 to July 18 (ET), spot Bitcoin ETFs saw a net weekly inflow of $2.39 billion, marking six consecutive weeks of net inflows. Spot Ethereum ETFs recorded a net weekly inflow of $2.18 billion, setting a new all-time high for weekly net inflows.https://t.co/ueXcZjuIVU ...

Bitcoin could trade as high as $150,000 by October if inflows to spot Bitcoin ETFs remain strong this summer, Cooper Research projects. https://t.co/c8RYUI5dmz ...

JUST IN: Spot Bitcoin ETFs have bought $6.6 BILLION worth of Bitcoin over 12 consecutive trading days.BlackRock led with nearly $500M in a single day.July 10 & 11 marked the first consecutive days with a billion-dollar inflow.ETFs now hold 6.5% of all Bitcoin. 📈 https://t.co/Diz3qBp3T5 ...

Crypto ETF Flows - Bitcoin ETFs saw a net inflow of 4,168 BTC, equivalent to $492 million [1] - Ethereum ETFs experienced a net inflow of 193,551 ETH, totaling $69717 million [1] BlackRock's iShares Holdings - iShares (BlackRock) Bitcoin ETF inflows amounted to 4,157 BTC, valued at $4906 million [1] - iShares (BlackRock) currently holds 731,516 BTC, with a total value of $8634 billion [1] - iShares (BlackRock) Ethereum ETF inflows reached 158,875 ETH, worth $57227 million [1] - iShares (BlackRock) currently holds 2,460,760 ETH, valued at $886 billion [1]

July 17 Update:10 #Bitcoin ETFsNetFlow: +6,930 $BTC(+$816.55M)🟢#iShares(Blackrock) inflows 6,405 $BTC($754.73M) and currently holds 727,359 $BTC($85.7B).9 #Ethereum ETFsNetFlow: +191,473 $ETH(+$651.01M)🟢#iShares(Blackrock) inflows 148,585 $ETH($505.19M) and currently holds 2,301,885 $ETH($7.83B).https://t.co/beLtIVZH7K ...

Market Trends - Bitcoin ETFs purchased $5 billion worth of Bitcoin in the last 10 trading days [1] - Institutional demand for Bitcoin is increasing [1]

Core Insights - Bitcoin prices have reached new highs, prompting TD Cowen analyst Lance Vitanza to raise the price target for MicroStrategy shares to $680 from $590, highlighting the company's competitive cost of capital advantage [1][2] Company Overview - MicroStrategy has strategically utilized a diverse range of securities to fund its Bitcoin acquisitions, currently holding over 600,000 bitcoins valued at more than $70 billion [2] - The company has resumed Bitcoin purchases as prices continue to rise [2] Market Trends - The bullish outlook from TD Cowen is based on expectations of ongoing Bitcoin price increases and MicroStrategy's aggressive Bitcoin accumulation strategy [3] - Bitcoin recently reached an all-time high of $123,000, driven by strong inflows into Bitcoin ETFs, although it has slightly dipped to $120,437.06 [3] Stock Performance - MicroStrategy shares have increased approximately 54% year-to-date, reflecting heightened investor confidence in its crypto-centric strategy [4] - Prior to the price target increase, the average price target for MicroStrategy was $534.77, with forecasts ranging from $175.00 to $650.00, representing a 23.05% increase from the last closing price of $434.58 [4] - The stock surged by 3.1% on July 15, 2025 [4] ETFs Related to MicroStrategy - T-Rex 2X Long MSTR Daily Target ETF (MSTU) aims for 200% of the daily performance of MSTR, charging 105 bps in fees [6] - Grayscale Bitcoin Adopters ETF (BCOR) includes MSTR stock at 21.34% and charges 59 bps in fees [7] - First Trust SkyBridge Crypto Industry & Digital Economy ETF (CRPT) has MSTR stock at 20.49% and charges 85 bps in fees [8] - Bitwise Bitcoin Standard Corporations ETF (OWNB) includes MSTR stock at 19.19% and charges 85 bps in fees [9]

Crypto ETF Flows - Bitcoin ETFs recorded a net inflow of 3,412 BTC, equivalent to $404.18 million [1] - Ethereum ETFs experienced a net inflow of 79,674 ETH, totaling $256.55 million [1] BlackRock's Holdings - iShares (BlackRock) Bitcoin ETF saw inflows of 3,566 BTC, valued at $422.4 million [1] - iShares (BlackRock) currently holds 720,954 BTC, with a total value of $85.4 billion [1] - iShares (BlackRock) Ethereum ETF received inflows of 55,984 ETH, amounting to $180.27 million [1] - iShares (BlackRock) currently holds 2,153,300 ETH, valued at $6.93 billion [1]