Main Password: BlackRock ETF sees continuous net outflow of Bitcoin, with main traders trading $100 million to bet on this direction

ECB Managing Director Mahlouf stated that the ECB has an absolute willingness to achieve its 2% inflation target.

[Ethereum's Total On-Chain Yield Drops to 2.68% in Q2 2026, Hitting a Historic Low] According to data released by The DeFi Report, Ethereum's annualized total on-chain yield in Q2 2026 was 2.68%, marking a historic low. Approximately 94% of this yield came from issuance rewards, while user activity migrating to Layer 2 led to a decline in Ethereum mainnet priority fees and MEV capture capability.

According to data from BitcoinImprovements, listed companies have purchased a net of 167000 BTC this year, which is twice the mining output of 81153 BTC during the same period, with an average daily purchase of 912 BTC.

Isabel Matos y Lago, Chief Economist of BNP Paribas, stated that if the non farm payroll in July approaches or exceeds 130000, the Federal Reserve's July meeting will be full of suspense, but the reason for raising interest rates remains valid. The short-term interest rate futures market expects the possibility of the Federal Reserve raising interest rates on July 29th to drop to 20%. The market expects a 25 basis point rate hike this year, which could be implemented as early as December. For the European Central Bank, Isabel Mateos Igor believes that a rate hike in September is still a basic expectation, but members of the management committee have not ruled out the possibility of not raising interest rates and warned that inflation in the eurozone may accelerate again.

The Kobeissi Letter points out that foreign investors are pouring into the US stock market at a record pace, with the cumulative size of global investment funds entering the US stock market since the beginning of the year rising to about 2.5% of their total asset management scale, which has more than doubled since May alone. The average outflow during the same period from 2002 to 2025 was 0.3%, and the current level is significantly higher than the historical average. Excluding the top 10% of fund inflows and the bottom 10% of fund outflows between 2002 and 2025, the average size of global fund inflows into US stocks during the same period is approximately 1.5% of the total asset management size. Since the beginning of this year, the inflow rate of funds into the US stock market has exceeded the total inflow scale of the middle 50% of the year since 2002, and the current demand for the US stock market is at an unprecedented level.