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📅 July 9 Crypto Update: 🟠 BTC $109.4K (+0.7%) • 🔵 ETH $2.66K (+3.0%) • Market cap ~$3.38T 🏦 Crypto funds hit record $167B AUM, hedge funds solid June returns 🏛 Senate hearing with Ripple CEO + “Crypto Week” in House 🌐 Pakistan CBDC pilot, Dubai VARA rules + Emirates crypto payments 💼 Trump Media files crypto ETF; SEC ETF guidance evolves 💡 Edelman: not holding crypto is now riskier—advisor allocation 10–40% #Crypto #Bitcoin #Ethereum #Regulation #Institutional #ETFs #GlobalCrypto
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📰 Top Highlights 1. 🏦 Crypto Funds & Institutional Trends Crypto funds reached record highs in May with $167B AUM after $7B net inflows—signaling growing institutional confidence. Hedge funds posted positive June returns: Tephra +4%, Edge +1.8%—crypto proving resilient amid macro volatility.
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