Market Dip: ETH Strength from Historic $1.02B ETF Inflows

I tracked the crypto market over the past 24 hours and observed a 1.6% overall decline, with most altcoins falling between 3–6%. Bitcoin traded around $118,905, down about 2.2%, while Ethereum bucked the trend and gained roughly 0.7%, supported by record Ethereum ETF inflows totaling $1.02B. Market capitalization sits near $4.19T, with 24-hour liquidations around $425M and the Fear & Greed Index at 68, signaling Greed. The Altcoin Index remains subdued at 36/100.

I also noticed institutional movements: Mill City Ventures III added 5.6M SUI and now holds over 81M SUI, while ZORA reached a new all-time high with a $475M market cap. Small-cap tokens showed strong single-day performance, led by DeFituna (+88%), Codatta (+81%), RIZE (+75%), Wiki Cat (+53%), and DexTools (+51%).

Recent funding activity caught my attention too: Zoth closed a $15M strategic round backed by Bolts Capital; HackQuest raised $4.1M in a Pre-Series A led by Animoca Brands and Open Campus; and Cool Cats completed a strategic round with backing from Animoca Brands. I’m following regulatory and infrastructure updates as well, including Stripe’s Tempo blockchain work with Paradigm and Paxos applying for a US trust bank license.