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Bitcoin ETF sees $292M inflow, ending 8 weeks of outflows amid rising institutional confidence

Market News
12 Jul 2026
Crypto Briefing
View Source
Bullish
pluang ai news

The IBIT Bitcoin ETF, managed by BlackRock, recorded a $292 million net inflow last week, reversing eight consecutive weeks of outflows. This inflow reflects renewed institutional interest in Bitcoin, which currently trades near $70,000. Market confidence is strong that Bitcoin will stay above $58,000, though less so for higher price points. Investors are watching upcoming economic data and Federal Reserve policies that could impact Bitcoin's outlook and ETF inflows going forward.

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Tesla captures 59% of U.S. EV market, its highest share since 2023

Tesla captures 59% of U.S. EV market, its highest share since 2023

Tesla has increased its control of the U.S. electric vehicle (EV) market to 59%, marking its highest market share since 2023. This growth highlights Tesla's strong position and continued dominance in the competitive EV industry. The increased market ...

Market News
Bullish
2 hours ago
The Sandbox halts SAND token bridging on Base and BNB Chain after exploit mints unbacked tokens.

The Sandbox halts SAND token bridging on Base and BNB Chain after exploit mints unbacked tokens.

The Sandbox suspended SAND token bridging on Base and BNB Smart Chain after an attacker exploited the cross-chain system to mint unbacked tokens, isolating SAND on these networks. The Ethereum-based SAND remains secure and unaffected, with no user wa...

Market News
Bearish
4 hours ago
Microsoft's $678B commercial backlog drives 22% upside potential amid strong AI and Azure growth.

Microsoft's $678B commercial backlog drives 22% upside potential amid strong AI and Azure growth.

Microsoft reported $331 billion in annual revenue with Azure surpassing $100 billion, growing 41%. Its $678 billion contracted commercial backlog supports recurring revenue from AI and cloud services, fueling a 22% upside price target of $590.43. Des...

Analyst Insights
Bullish
4 hours ago
Aave's AAVE jumps 25% as TVL hits $18B, but mixed trader signals suggest caution ahead.

Aave's AAVE jumps 25% as TVL hits $18B, but mixed trader signals suggest caution ahead.

Aave's token AAVE surged nearly 25% following a rise in the protocol's Total Value Locked (TVL) to $18.05 billion, indicating increased capital inflow. User incentives also reached their highest since December 2025, supporting protocol activity. Howe...

Protocol Fundamentals
Bullish
4 hours ago
OpenAI urges California to strengthen AI safety bill with tighter safeguards and cybersecurity measures

OpenAI urges California to strengthen AI safety bill with tighter safeguards and cybersecurity measures

OpenAI has called on California to enhance its AI safety legislation, SB 53, by adding stricter safeguards such as monitoring AI models during training for serious incidents and improving cybersecurity throughout development. This shift comes after O...

Market News
Neutral
4 hours ago
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