XRP ETFs now hold a record 1.47% of total supply, representing 977.41 million tokens worth $1.04 billion, as institutions front-run the Senate vote on the CLARITY Act before the August 7 recess. Grayscale research head Zach Pandl says Bitcoin has outgrown its four-year halving cycle and now follows Federal Reserve policy rather than the miners’ calendar, with the next catalyst being the July 28-29 Fed meeting. Three DeFi protocols were hacked for a combined $35.56 million: AFX Trade ($24.15 million in USDC on Arbitrum), Verus Bridge ($7.55 million in ETH on Ethereum) and B² Network ($3.86 million on BNB Chain), with Verus exploited twice in three months by the same unfixed bug. U.S. spot Bitcoin ETFs recorded a seven-day inflow streak totaling $1 billion, while Kazakhstan launched state-backed mining and Circle integrated USDC with 20 million users in South Korea via Kakao and Toss.
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