Crypto Weekly Round-up for June 28 – July 4, 2025

Weekly Crypto Digest: BlackRock's Bitcoin Accumulation, Stablecoin Growth Continues, and Solana ETF Launches with Staking Feature

Here is a comprehensive overview of the week's events, updates, and movements in the crypto space to stay up to date on the most important crypto stories and market-shaping events.

1. KEY TAKEAWAYS

• BlackRock increases its Bitcoin exposure significantly, gaining $3.85B in net inflows in June alone.
• Stablecoin market reaches new all-time high for the 21st consecutive month.
• Solana-linked staking ETF launches, combining token exposure with yield generation.

2. HIGHLIGHTS

🏦 BlackRock continues aggressive Bitcoin accumulation

BlackRock iShares Bitcoin Trust (IBIT) recorded $3.85B in net inflows throughout the month of June, representing the largest monthly increase since the ETF began. This translates to roughly 36,300 BTC.

The total assets under management have now surpassed $70 billion, overtaking some of BlackRock’s more established ETFs in terms of fee generation. This reflects a growing institutional appetite for Bitcoin exposure and highlights how spot Bitcoin ETFs are becoming a more significant source of market liquidity within traditional finance.

💵 Stablecoin market reaches record high, but long-term outlook divides analysts

The collective market capitalization of all stablecoins rose by 1.58% during June, hitting a pre-record of nearly $251 billion.

This marks the 21st straight month of uninterrupted expansion and emphasizes stablecoins' vital role in the digital assets ecosystem. The dominant players—Tether (USDT) and USD Coin (USDC)—continue to see increased adoption across both centralized and decentralized platforms.

However, despite the continued growth, a recent JPMorgan report suggests the stablecoin market could face headwinds. Its 2028 forecast estimates stablecoins reaching $500 billion—a figure that falls short of more bullish industry projections. The report points to unclear regulation, limited utility beyond trading, and looming competition from central bank digital currencies (CBDCs) as key challenges ahead.

📢 Solana staking ETF launches, combining token exposure and staking yield

On July 2, the REX Shares Osprey Solana + Staking ETF (SSK) became the first U.S.-listed ETF offering both spot Solana exposure and on-chain staking rewards.

The ETF attracted $12 million in capital inflows on its first day and saw $33 million in trading volume—signaling investor interest in crypto investment strategies that combine capital gains potential with yield generation.

Although reception has been largely positive, analysts have flagged that staking-linked products may face evolving regulatory scrutiny depending on how yield is classified and disclosed.

3. MARKET MOVES

Bitcoin:+0.65% → $108,787.42 | Volume: –22.7% → $49.21B

Ethereum:+1.84% → $2,544.10

XRP:+0.45% → $2.21

Solana:+2.70% → $149.83

The crypto market closed the week with a moderately positive tone, though underlying activity showed caution among participants. Despite price upticks, trading activity declined, particularly for Bitcoin, whose weekly volume dropped more than 22% to $49.21 billion.

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