PENGU & REKT ALL TIME HIGHS, HUGE ETH ETF INFLOWS, BNB OUTPERFORMS MARKET
Crypto majors barely pink with BNB outperforming and hitting new ATH. ETH ETFs see third largest day of inflows whereas BTC sees internet outflows. Coinbase companions with PNC for Crypto-as-a-Service mannequin. Goldman and BNY to supply tokenized cash market accounts. PENGU and REKT hit new ATHs as meme leaders proceed rally. Crypto majors have been barely pink with BNB main; BTC -0.5% at $118,500, ETH -1% at $3,670, XRP -2% at $3.44, SOL -1% at $197. BNB hit a brand new ATH over $800 and $112B market cap, flipping SOL. FLR (+22%), PENGU (+18%) and CAKE (+10%) led high movers. The ETH ETFs posted their third highest all time influx day with $534M, whereas the BTC ETFs noticed their 2nd straight day of outflows. ETH is dealing with almost $2B in unstake strain making a 9-day delay, its largest since January 2024. PNC Financial institution partnered with Coinbase to supply crypto buying and selling and custody for PNC shoppers and Banking providers for Coinbase shoppers. Goldman and BNY are set to supply tokenized cash market funds. In the meantime Citadel wrote a letter to the SEC complaining that tokenized shares would siphon liquidity from conventional markets. The Telegram Crypto Pockets formally launched for US customers, providing crypto shopping for, promoting and sending throughout the app. Jack Dorsey’s Sq. began permitting retailers to just accept Bitcoin funds