PANews reported on July 17 that according to Lookonchain monitoring, 10 Bitcoin ETFs had a net inflow of 6,930 BTC (worth $816.55 million); iShares (BlackRock) had a net inflow of 6,405 BTC (worth $754.73 million) on a single day, and its current holdings reached 727,359 BTC (worth $85.7 billion). On the same day, 9 Ethereum ETFs had a net inflow of 191,473 ETH (worth $651.01 million), of which iShares (BlackRock) had a net inflow of 148,585 ETH (worth $505.19 million) on a single day, and its current holdings reached 2,301,885 ETH (worth $7.83 billion).



Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle. Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more