According to @CrypNuevo, the recently launched Nicholas Crypto Income ETF (BLOX) is gaining traction, having registered net inflows of approximately $4.52 million since its debut on June 17. The actively managed fund provides diversified exposure through a three-sleeve strategy: investing in crypto-related equities like Coinbase (COIN) and Marathon Digital (MARA), holding spot Bitcoin (BTC) and Ether (ETH) ETFs, and generating weekly income by writing options spreads on its holdings. David Nicholas, CEO of XFUNDs, stated the fund is open to including other altcoin ETFs, such as a potential Solana (SOL) ETF, upon regulatory approval. In other market-moving news, crypto protocol Polyhedra has announced a buyback plan for its ZKJ token after its price plummeted over 80%. The team attributes the crash to a coordinated liquidity attack and has since injected about $30 million in USDT, USDC, and BNB to provide DEX liquidity and restore confidence.

According to @AltcoinGordon, new crypto exchange-traded funds (ETFs) are showing strong investor demand and impacting market prices. The Nicholas Crypto Income ETF (BLOX), which combines crypto-related equities, spot BTC and ETH ETFs, and an options income strategy, has attracted approximately $4.52 million in net inflows since its June 17 launch, according to VettaFi data. Separately, the first U.S. crypto staking ETF, the REX-Osprey Solana + Staking ETF (SSK), had a strong debut with $33 million in trading volume, which Bloomberg ETF analyst Eric Balchunas called a better-than-average launch. This news coincided with Solana's (SOL) price rising roughly 4% to trade above $150. Broader market sentiment appears bullish, with the source material noting Bitcoin (BTC) surged 3.6% to over $109,000 and Ethereum (ETH) jumped 8.6% to $2,608. Further underscoring institutional interest, a Presto Research report revealed BlackRock’s Bitcoin ETF (IBIT) is now generating more annual revenue than its flagship S&P 500 fund, highlighting investor willingness to pay premium fees for regulated crypto exposure.