Note: The X account is not owned by the original Enron entity. Users should be aware of the risk.

U.S. spot Bitcoin ETFs posted a cumulative net outflow of roughly $527 million over the four trading days ending July 2, marking their eighth consecutive week of net outflows and setting the longest weekly outflow streak since the product category launched. While the sector recorded a single-day net inflow of $221.72 million on July 2, ending a prior streak of 10 consecutive trading days with total outflows of around $2.71 billion, the overall weekly outflow trend remained unreversed. Among the products, Fidelity’s FBTC saw a single-day net inflow of $165.96 million, while ARKB (from ARK and 21Shares) posted a net inflow of $91.84 million. In contrast, BlackRock’s IBIT logged a net outflow of $40.43 million that day, marking its 11th consecutive trading day of redemptions, with total outflows reaching roughly $2.2 billion. Separately, U.S. spot Ethereum ETFs recorded a weekly net outflow of $13.67 million for the week ending July 2, extending their streak of weekly net outflows to eight consecutive weeks and matching the all-time longest outflow streak. However, the sector has posted net inflows for two consecutive trading days, with BlackRock’s ETHA notching a $29.74 million net inflow on July 2. Meanwhile, U.S. Hyperliquid ETFs saw a weekly net inflow of $4.32 million, the lowest single-week inflow since their launch in mid-May, a sharp slowdown from the prior week’s record $111.36 million net inflow.

According to on-chain data, since the launch of Trump’s official meme coin TRUMP in January 2025, among roughly 1.48 million wallets that purchased the token, 988,900 (about two-thirds) were in a loss position as of the end of June, with total realized and unrealized losses amounting to around $3.81 billion. Data shows only 492,300 wallets turned a profit, with total gains of approximately $4.04 billion, primarily concentrated among early participants who bought the token at prices below $1 during its launch phase. Calculated across all token-holding wallets, the overall net profit stood at roughly $236 million. Reports note that Trump’s recently disclosed annual financial statements show he earned around $636 million from the TRUMP meme coin, with total crypto-related revenue exceeding $1.4 billion in 2025. Additionally, Nansen’s analysis of WLFI—the governance token of Trump family’s DeFi project World Liberty Financial—reveals that among the 26,663 wallets that purchased WLFI on the secondary market, roughly 85% have recorded losses totaling around $83 million, while total gains stand at approximately $23 million.

According to EmberCN’s monitoring, a whale that has been continuously buying ETH and WBTC since July 1 withdrew 4,942 ETH (worth approximately $8.83 million) and 111.5 WBTC (worth approximately $7.01 million) from Binance today. As of now, over the past four days, this whale has accumulated a total of 24,694 ETH (worth approximately $40.26 million) and 211.5 WBTC (worth approximately $13.25 million). At current prices, it holds an unrealized profit of roughly $3.61 million.

The U.S. Treasury Department announced today that on the occasion of the 250th anniversary of the founding of the United States, it is officially launching "Trump Accounts" nationwide. The Treasury described the initiative as an innovative savings and investment platform designed to ensure future generations of Americans have a stake in the U.S. economy from their very first day of life. Trump Accounts will help families build long-term financial security while deepening their understanding of how U.S. capital markets operate. The first year of "Trump Children's Investment Accounts" is expected to inject $30 billion to $50 billion in incremental funds directly into U.S. stocks. Going forward, families and employers can contribute up to $5,000 per account annually, which will bring hundreds of billions of dollars or more in stable capital inflows over the long term, forming sustained buying support for the market.

Iran's Ambassador to China Abdolreza Rahmani Fazli told media in an interview on the sidelines of the 14th World Peace Forum in Beijing on the 4th that Iran plans to charge service fees for navigation through the Strait of Hormuz in line with international standards. Fazli noted that before the outbreak of the US-Israel-Iran conflict, navigation through the Strait of Hormuz was unimpeded. Currently, Iran has not proposed levying tolls or tariffs, but plans to collect service fees under international standards to cover routine costs including navigation safety, navigation assistance and environmental protection — a practice consistent with that of other global waterways. On the strait's current status, Fazli said navigation is gradually returning to normal, and the channel jointly managed by Iran and Oman is restoring order.

U.S. President Donald Trump said Iran is "begging for a deal," but noted that both sides have decided to suspend negotiations for a week until the conclusion of the funeral of Iranian Supreme Leader Ayatollah Ali Khamenei. He added that during the suspension, neither side will attack the other. "They are all there. One strike could take them all out, but we won't do that because then we would have no one left to negotiate with," Trump said. Earlier, Trump posted on Saturday that Israeli Prime Minister Benjamin Netanyahu has requested a meeting with him at the White House, possibly as early as next week after he wraps up the NATO summit. "We get along very well. (Netanyahu) knows who is the boss," Trump said.