According to @EricBalchunas, Bitcoin ETFs recorded $3.06 billion in net inflows last week, marking the second largest week on record. BlackRock, Fidelity, and Ark collectively captured over 85% of this volume, demonstrating robust investor demand. Traders should note that although appetite for Bitcoin ETFs remains strong, macroeconomic risks previously highlighted by analysts have not dissipated, which could impact future volatility and price action (source: @EricBalchunas on Twitter, June 2024).

According to Crypto Rover, the SEC has officially and legally declared that XRP is not a security, potentially impacting trading strategies and market positions for XRP holders. This decision could lead to increased trading activity and market confidence in XRP. Additionally, Crypto Rover mentions hearing rumors of a possible BlackRock ETF, which, if true, could significantly influence institutional investment in the cryptocurrency market.