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📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
#White House Crypto Report# 🔥INCREÍBLE🔥
💰Crypto ETFs had their BEST MONTH in JULY in history.
📈$12.8 BILLION have entered… at a rate of $600M daily
What happened and why is it SO important⁉️
🔹Ethereum was the BIG protagonist of the month
▪️The $ETH ETFs received their largest inflow since their inception.
▪️On the other hand, 1.6 MILLION ETH was purchased in July
▪️But the network only issued 72,263 ETH
👉ETFs bought ¡22 TIMES! more than what was issued
🔹The price of $ETH soared by +50% and is now in the #25 position of the global asset ranking.
▪️It has already surpassed giant companies like P&G, Bank of America, and Samsung
▪️What comes next? Some are already anticipating a NEW ALL-TIME HIGH for August.
🔹Regarding BTC, since BlackRock announced its BTC ETF, Bitcoin has risen +300%.
▪️The $BTC ETFs have accumulated 1.2 MILLION BTC since January 2024
▪️That represents more than 6% of the TOTAL SUPPLY
📍What we are seeing is a structural change: ETFs are absorbing the crypto supply like a sponge.