Bitcoin ETFs Snap Eight-Week Bleed, UK Mobilizes Wall Street for Tokenization Race

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Let's get into it. Bitcoin spot ETFs just snapped an eight-week losing streak. Nearly 200 million in net inflows hit the week ending July 11, breaking a brutal run that pulled over 8 billion out since mid-May. Bitcoin sits at $62,574, down 1% overnight but holding a 2% weekly gain. Ethereum at $1,770 tracked Bitcoin higher as ETH funds also reversed eight weeks of outflows with 84 million in fresh capital. The United Kingdom just made the boldest institutional move in tokenization. 54 financial giants including BlackRock, Goldman Sachs, JPMorgan, HSBC and UBS launched a government-backed task force targeting live blockchain use cases across UK markets. The roadmap projects $44 billion in annual economic output by 2035 First milestone, a tokenized government bond by Q1 2027 This is Wall Street mobilizing at scale to tokenize equities and settlement rails with real regulatory backing.
Strategy raised $467 million in fresh equity capital, pushing its dollar reserve to $3 billion. The company now holds 843,000 BTC, with no recent buying or selling activity.
Stablecoin markets contracted $10 billion since May, with $7.7 billion exiting in June alone. Tether drops $6 billion, circle down $7 billion from its March peak. Shrinking stablecoin supply removes critical liquidity support for crypto rallies. Major bank earnings kick off Tuesday. JPMorgan, Citi, Goldman and Wells Fargo report before the bell. CPI data drops Tuesday, PPI Wednesday, and Fed Chair Warsh testifies to Congress mid-week. Two-year Treasury yields hit 4.24%, the highest since February, reinforcing higher-for-longer rate expectations.
Bitcoin is holding near-key support while institutions reload, but macro cross-currents remain intense. That wraps your market intel. Trade smart out there. For deeper insights and real-time analysis, visit capitalcopilot.io.