According to @AltcoinGordon, new crypto exchange-traded funds (ETFs) are showing strong investor demand and impacting market prices. The Nicholas Crypto Income ETF (BLOX), which combines crypto-related equities, spot BTC and ETH ETFs, and an options income strategy, has attracted approximately $4.52 million in net inflows since its June 17 launch, according to VettaFi data. Separately, the first U.S. crypto staking ETF, the REX-Osprey Solana + Staking ETF (SSK), had a strong debut with $33 million in trading volume, which Bloomberg ETF analyst Eric Balchunas called a better-than-average launch. This news coincided with Solana's (SOL) price rising roughly 4% to trade above $150. Broader market sentiment appears bullish, with the source material noting Bitcoin (BTC) surged 3.6% to over $109,000 and Ethereum (ETH) jumped 8.6% to $2,608. Further underscoring institutional interest, a Presto Research report revealed BlackRock’s Bitcoin ETF (IBIT) is now generating more annual revenue than its flagship S&P 500 fund, highlighting investor willingness to pay premium fees for regulated crypto exposure.

According to @rovercrc, softer-than-expected U.S. inflation data has significantly boosted the outlook for Bitcoin (BTC), with a year-end price target of $200,000 now considered 'firmly in play' by Matt Mena, a crypto research strategist at 21Shares. The report showed the consumer price index (CPI) rose just 0.1% last month, below the 0.2% forecast, strengthening the case for Federal Reserve policy easing. Mena stated that if BTC breaks above the $105K-$110K range, a sharp move to $120K could follow, potentially accelerating the path to their initial year-end target of $138.5K. Further catalysts include institutional adoption and upcoming stablecoin regulation. Separately, Vetle Lunde, head of research at K33, anticipates a volatile July for BTC, driven by potential U.S. policy events such as a new budget bill and tariff deadlines. However, Lunde noted that crypto market leverage remains contained, reducing the risk of a major deleveraging event.

According to @AltcoinGordon, Solana (SOL) is trading above $150, marking a roughly 4% increase following the successful U.S. launch of the REX-Osprey Solana + Staking ETF (SSK). Bloomberg ETF analyst Eric Balchunas noted the ETF's $33 million debut volume was stronger than the average launch. This development follows a May SEC ruling clarifying that crypto staking does not violate securities laws. Concurrently, Bitcoin (BTC) is trading near $109,000, supported by strong institutional interest and on-chain metrics. On-chain analytics firm Glassnode reports that a 'HODLing' trend is dominant, with long-term holder supply reaching a new peak of 14.7 million BTC and limited profit-taking. This patience is met with persistent institutional demand, as QCP highlighted $2.2 billion in net inflows into spot Bitcoin ETFs last week. Further underscoring this trend, a Presto Research report shows BlackRock’s iShares Bitcoin ETF (IBIT) now generates more revenue than its flagship S&P 500 fund, demonstrating investor willingness to pay premium fees for trusted crypto access. Corporate adoption is also accelerating, with design firm Figma disclosing a $70 million position in a Bitcoin ETF and DeFi Development Corp. planning a $100 million raise to accumulate more SOL. However, QCP also notes a rise in leveraged long positions, creating a tense equilibrium between long-term holders and short-term traders.

According to @FarsideUK, Solana (SOL) experienced a significant 7.84% price decline to $145.08, sharply underperforming a broad crypto market index which fell only 0.24%. This sell-off occurred just one day before the highly anticipated launch of the REX-Osprey SOL + Staking ETF (ticker: SSK) on July 2, 2025, the first U.S.-listed fund offering direct SOL exposure combined with staking rewards. Technical analysis from the source indicates that SOL faced strong resistance at $157.42 and established a support level around $146.55, with the price action forming a distinct descending channel. Despite the ETF being viewed as a potential long-term positive catalyst for institutional adoption, the immediate market sentiment remains cautious, leading to significant selling pressure ahead of the event.

According to @FarsideUK, Solana (SOL) experienced a significant price decline, dropping 7.84% to $145.08, while the broader crypto market saw a minimal 0.24% dip. This sell-off occurs just one day before the highly anticipated launch of the REX-Osprey SOL + Staking ETF (ticker: SSK) on July 2, 2025, the first US-listed fund offering direct SOL exposure combined with staking rewards. The source's technical analysis highlights that SOL faced strong resistance at $157.42 before consistent selling pressure pushed it down. Key support was identified near $146.55, coinciding with elevated volume, but the price ultimately broke lower. The overall price action has formed a clear descending channel, signaling a bearish trend and potential 'sell the news' sentiment among traders ahead of the ETF debut.