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XRP ETFs gain $6.6M before July 4; Bitcoin's BIP-110 fork fails; Shiba Inu drops from top 30 amid token supply pressure

Market News
03 Jul 2026
UToday
View Source
Neutral
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XRP ETFs saw $6.55 million in net inflows on July 2, marking their eighth consecutive positive week and pushing assets under management close to $1 billion. Bitcoin's BIP-110 soft fork, aimed at censoring non-monetary data, was declared dead by Blockstream CEO Adam Back due to lack of market support. Meanwhile, Shiba Inu (SHIB) fell to 32nd place as whales returned 493 billion tokens to exchanges, increasing supply pressure near the critical 87 trillion token level. Bitcoin remains stable in the $59,000–$62,000 range, supported by whale accumulation and renewed ETF inflows, but faces risks from thin liquidity during the Independence Day weekend.

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