Ethereum ETFs Shine, Trump Family Crypto Push, and Bitcoin Holds Above $112K
Bitcoin is trading in the range of $110K to $113K, hovering around $112–113K amid a broader market upswing. Ethereum has been particularly strong, with spot Ethereum ETFs drawing in $307 million in net inflows, significantly outpacing Bitcoin’s $81 million.
Altcoins are making headlines too. Numeraire (NMR) and Treehouse (TREE) are both posting double-digit gains, drawing fresh attention. And in other news with a geopolitical twist, the Trump family announced a substantial crypto initiative: a $6.4 billion digital asset treasury strategy built around Crypto.com’s CRO token—sparking a sharp price jump in Cronos (CRO). Meanwhile, American Bitcoin, backed by Donald Trump’s sons and Hut 8, is preparing to list on Nasdaq under the ticker ABTC via a merger, aiming for early September.