HSBC predicts India could attract $25 billion in foreign equity inflows as global funds rebalance from volatile AI-driven Asian markets, citing India's relative stability and improving domestic growth.
US copper imports reached a 12-year high of over 200,000 tonnes last month, pushing combined Comex and LME inventories above 740,000 tonnes as analysts cite Trump's tariff threat pulling metal from China and global warehouses.
U.S. spot Bitcoin ETFs recorded $170.1 million in net inflows on Aug. 3 following a prior session outflow, with BlackRock's IBIT driving nearly two-thirds of the total as participation broadened across seven funds.
Indian equities are anticipated to extend recent gains in August, driven by renewed foreign fund inflows and the unwinding of AI-skewed trade. Analysts expect the Nifty to continue its upward trajectory after consolidation, despite lingering geopolitical uncertainties in West Asia.
Bitcoin dropped below $63,000 as the Coinbase Premium Index recorded its longest negative streak in history at 77 days, indicating persistent selling pressure from US institutional investors despite recent Bitcoin ETF inflows.
XRP funds led altcoin inflows for the fourth consecutive month in July, attracting $27.29 million, followed by Solana and Hyperliquid. This trend highlights a growing concentration of investor demand in a few top altcoins, while most other altcoin products struggle to attract sustained capital.
Ethereum surpassed Bitcoin in July, driven by $365.17 million in US spot ETF inflows and increased corporate holdings by BitMine. Despite the rally, valuation metrics suggest the advance is a recovery from depressed levels rather than a confirmed cyclical floor against Bitcoin.
U.S. spot Bitcoin funds experienced $265.4 million in net outflows on July 31, reversing previous inflows. Ethereum funds saw a $9 million net inflow, primarily due to a $15.4 million inflow into BlackRock's staked Ethereum ETF (ETHB), as other Ether products were flat or negative.
The Reserve Bank of India's special schemes have drawn $40.81 billion in foreign exchange inflows by July 31, with Foreign Currency Non-Resident (FCNR(B)) deposits accounting for $36.72 billion. This surpasses 2013 levels, and further significant inflows are projected by research firms.
US-listed spot Bitcoin ETFs recorded $172.4 million in net inflows in July, reversing two months of outflows, despite late-month selling. However, they remain negative year-to-date with $5.3 billion in outflows. Ether and XRP ETFs also saw positive inflows in July.
Coinbase reported a surprise Q2 net loss of $359 million on $1.22 billion revenue, missing Wall Street expectations as crypto spot trading volumes fell over 20%. Despite the loss, stablecoin revenue grew, and Coinbase gained market share. Broader crypto markets saw majors decline, while Bitcoin ETFs recorded significant inflows.
US spot Bitcoin ETFs recorded their strongest daily inflows in over three weeks, attracting $233.1 million on Thursday, led by BlackRock's iShares Bitcoin Trust with $183.4 million, potentially securing their fourth consecutive week in the green.
Morgan Stanley's new Ethereum and Solana ETFs generated $38M in combined trading volume on their first day, with MSSE attracting $5.15M in net inflows and MSOL seeing $19M in turnover, as the firm enters crypto fund markets with competitive fee structures.
US spot Bitcoin ETFs recorded their longest inflow streak since April, attracting $930 million over six days, as institutional demand recovers. This crypto market revival coincides with easing enthusiasm for AI stocks and progress on US crypto legislation, potentially signaling a capital rotation.
XRP's price recovery above $1.16 is supported by large holders accumulating tokens and reducing exchange deposits, while US spot XRP ETFs continue to attract fresh capital, signaling increased conviction and sustained demand.
US-listed spot Bitcoin ETFs have recorded nearly $1 billion in net inflows over seven consecutive trading sessions, suggesting institutional interest. This streak, however, is below April's nine-session run. Inflows on Wednesday were lower than Tuesday's, coinciding with a slight dip in Bitcoin's price and market sentiment.
The RBI reported that India's domestic economy successfully navigated a tumultuous global phase, showing robust credit growth and a steady external sector. Despite delayed kharif sowing and rising retail inflation driven by food and fuel, healthy demand and resilient industrial and services sectors underpin a buoyant outlook.
US-listed spot Bitcoin ETFs recorded their sixth consecutive day of net inflows on Tuesday, adding $203.1 million, bringing the six-session total to $930 million as Bitcoin traded above $65,000.
Bitcoin (BTC) buyers are demonstrating improved absorption at the $65,000 level, following Binance's largest net outflow of over 9,000 BTC in nearly two years. Analysis from CryptoQuant suggests easing short-term supply pressure, though a new uptrend requires further spot demand and stable price structure.
US-listed spot Bitcoin ETFs recorded their sixth consecutive day of net inflows on Tuesday, adding $203.1 million and totaling $930 million over the streak. This occurred as Bitcoin traded above $65,000, improving broader crypto market sentiment from 'extreme fear' to 'fear'.
US-listed spot Bitcoin ETFs recorded their fifth consecutive day of net inflows, totaling $727.3 million, marking the longest streak in nearly three months. Monday saw $226.9 million in inflows, reducing year-to-date outflows below $5 billion, though an analyst suggests this indicates easing selling pressure rather than broad institutional demand.
The South Korean won strengthened against the U.S. dollar, closing at 1,474.3 won per dollar, driven by foreign investors' net buying of local stocks and SK hynix Inc.'s conversion of American depositary receipts proceeds into won.
Bitcoin's stabilization near $64,000, aided by ETF inflows, is threatened by rising oil prices due to US-Iran conflict disrupting the Strait of Hormuz, potentially reigniting inflation concerns. Concurrently, a $2.3 billion stablecoin reserve contraction on major exchanges and concentrated leveraged longs near $57,000 leave the market vulnerable to a sharper decline.
U.S. spot Bitcoin ETFs recorded $273.1 million in net inflows over two weeks, marking their first back-to-back positive period since early May. This follows eight consecutive weeks of over $8.2 billion in outflows, with analysts drawing parallels to gold ETF history for long-term recovery expectations.
