Bitcoin and Ethereum ETFs snapped their longest losing streak on record, pulling in a combined $281.8 million for the week after eight straight weeks (week ending July 12) that drained $8.26 billion.
Renewed US-Iran hostilities rattled markets midweek, with Bitcoin sliding to roughly $61,492 on July 8 after Trump declared the ceasefire over, before recovering to $64,400 (intraday high of $64,658.97 on July 10) by Friday on a short squeeze.
Strategy sold a record 3,588 BTC for $216 million, its largest disposal ever, to fund preferred stock dividends, a marked shift from years of never selling.
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