Guavy AI Editorial TeamSentiment: 3Clout: 85

Crypto Markets Surge as Bitcoin ETFs See Record Inflows and Cardano Soars

Crypto markets saw significant developments over the past day as Bitcoin spot ETFs recorded $226.92 million in net inflows, Cardano gained 8%, and Worldcoin rallied following an ETF filing.

The total net inflow of Bitcoin spot ETFs was led by BlackRock's IBIT with a daily net inflow of $116 million, bringing its cumulative net inflow to $60.606 billion.

XRP funding rates dropped 240% on Tuesday, July 21, which may indicate that traders reduced leveraged long positions even as XRP prices increased.