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Svmuu News: According to data from SoSoValue, the XRP spot ETF saw total net outflows of $1.8637 million yesterday (July 1, Eastern Time).
Of that amount, the Franklin XRP ETF (XRPZ) recorded a single-day net inflow of $2.8826 million, bringing its total historical net inflow to $413 million.
The Bitwise XRP ETF (XRP) recorded a single-day net outflow of $4.7463 million, with its total historical net inflows now reaching $495 million.
As of the time of this report, the total net asset value of XRP spot ETFs stood at $961 million, with an XRP net asset ratio of 1.46%; cumulative net inflows have reached $1.48 billion.

Svmuu News: According to data from SoSoValue, the HYPE spot ETF recorded total net inflows of $2.8547 million yesterday (July 1, Eastern Time).
Yesterday, only the Bitwise Hyperliquid ETF (BHYP) saw net inflows, with a single-day net inflow of $2.8547 million; its cumulative historical net inflows now total $120 million.
As of press time, the total net asset value of the HYPE spot ETF stood at $319 million, with a net asset ratio of 2.30%; its cumulative historical net inflows have reached $296 million.

Svmuu News Ethereum The Foundation’s Global Policy and Strategy Team has released a policy guide for governments and institutions, designating Ethereum as critical public infrastructure.The report states that Ethereum has operated without interruption since its launch in 2015. As of March 2026, its security is backed by approximately $76 billion in staked ETH, and it features a geographically distributed network of validators, multiple independent client implementations, and a vast developer ecosystem.The Foundation noted that many current digital services rely on centralized intermediaries, which pose risks such as single points of failure, cyberattacks, or political pressure; Ethereum’s decentralized architecture is better suited for applications such as digital identity, public records, and asset tokenization.The report points out that existing use cases—such as the decentralized identity initiatives in Bhutan and Buenos Aires, as well as India’s land registration project based on the Ethereum—demonstrate that governments have begun exploring this technology.

Svmuu News: New regulations governing cryptocurrency ATMs in the U.S. states of Tennessee and Georgia took effect on July 1. Tennessee has implemented a blanket ban, while Georgia has imposed transaction limits and reporting requirements. Indiana had previously implemented a ban in March, and Minnesota will enforce a similar ban on August 1. Prior to the ban taking effect, there were approximately 185 cryptocurrency ATMs and kiosks in operation in Tennessee. Local governments have taken action in response to frequent incidents where residents—particularly the elderly—have been lured by scammers into transferring funds via cryptocurrency ATMs; legislators in Delaware and New Jersey have already proposed similar blanket bans.

Svmuu News: xAI has announced the launch of Voice Agent Builder, a no-code voice agent platform that enables users to create lifelike voice agents using Grok Voice, priced at $0.05 per minute. The platform integrates phone functionality, knowledge retrieval, tools, guardrails, and observability, and supports users’ existing phone numbers, APIs, and MCPs. Voice Agent Builder is a unified interface built for Grok Voice; each account includes one free phone number, and the platform launches today in beta.

Svmuu News: The Solana Foundation has announced the official launch of its on-chain governance mechanism, Solana Governance Proposals (SGP). Validators can now submit, support, and decide on core protocol decisions through SGP. All proposals take place on-chain, utilizing a staking-weighted voting mechanism and verified via Merkle proofs. Any validator with at least 100,000 SOL delegated to them may initiate an SGP. Unlike Solana Improvement Documents, which focus on technical and protocol changes, SGPs are primarily used to express opinions on ecosystem governance. Proposals must secure the support of at least 15% of the network’s total staked SOL before entering the formal voting phase.

Svmuu News: The latest 927-page financial disclosure filing released by U.S. President Donald Trump reveals that his income includes hundreds of millions of dollars in crypto-related gains, including millions of dollars in income related to World Liberty Financial, a DeFi project launched in 2024 by the Donald Trump family.This disclosure has added urgency to congressional negotiations regarding the ethics provisions of the “Clarity Act,” a bill to establish a regulatory framework for the crypto market.
Currently, lawmakers from both parties are negotiating the “Clarity Act,” a bill aimed at establishing the United States’ first comprehensive federal cryptocurrency regulatory framework. One of the key points of negotiation is whether to include ethical restrictions to prevent the president, vice president, members of Congress, and other federal officials from profiting from digital assets while in office.
Following the release of the documents, Democratic lawmakers reiterated that the bill must include strict ethics provisions. Senator Angela Alsobrooks stated that such restrictions should apply to the president, vice president, and all members of Congress, adding that ordinary Americans should benefit from digital assets in a fair and honest manner, rather than allowing politicians to profit through corruption and loopholes in the system.
Senator Kirsten Gillibrand also noted that both parties are continuing to push for strict ethics reforms aimed at prohibiting the President, Vice President, and members of Congress from using crypto assets for personal gain.Elizabeth Warren, meanwhile, said that if the Clarity Act fails to prevent the president, members of Congress, and their family members from profiting from the crypto industry, the bill will further fuel the controversy over crypto-related corruption in “Donald Trump.”
Republicans, meanwhile, have indicated that ethics provisions remain part of bipartisan negotiations. As the July deadline for advancing the Clarity Act approaches, the disclosure of the Donald Trump family’s crypto earnings could become a key factor influencing the bill’s final text and Democratic support.

Svmuu News: According to The Wall Street Journal, sources revealed that SpaceX (SPCX.O) has developed a prototype device resembling a smartphone, designed to transform the way people interact with artificial intelligence. SpaceX demonstrated the prototype to select investors ahead of its IPO. Musk subsequently denied the report. (Jin Shi)

Svmuu News: Citrini analyst jukan posted on X, stating that according to supply chain sources, it is virtually confirmed that MediaTek has secured a second ASIC client in addition to Google. Barring any unforeseen circumstances, this client is expected to be Meta, as previously rumored. As is customary, MediaTek does not publicly comment on individual products, client information, or market rumors. Qualcomm currently appears to hold key major clients such as Meta, Microsoft, and ByteDance, but industry observers believe that MediaTek, by continuing to deepen its collaboration with Google and having the opportunity to secure a second client, is not at a disadvantage. Semiconductor supply chain sources say that, judging by the order outlook and generational transition pace of major cloud service providers for AI data centers and ASIC products, Google remains the major client with the strongest momentum and most proactive stance. MediaTek not only has two products codenamed “Zebrafish” and “Humufish,” but according to market intelligence and industry insiders familiar with ASICs, its participation in the v9-generation “Triggerfish” is virtually confirmed. This means that from late 2026 through 2028—and potentially extending into 2029—MediaTek can expect a steady revenue contribution from TPU mass production. Compared to Qualcomm’s 2029 cloud AI revenue target of $15 billion, it is only a matter of time before MediaTek—which holds multiple TPU ASIC orders—reaches the $10 billion level. The industry is also watching to see if MediaTek can successfully secure a second major cloud service provider as a key client. Based on earlier market reports and recent supply chain confirmations, MediaTek is still actively collaborating with Meta on ASIC products, with the partnership likely centered on AI acceleration chips. Meta has recently entered into partnerships with both Arm and Qualcomm, but these collaborations are focused on CPUs; there is still no concrete news regarding cooperation on in-house AI acceleration chips. Sources in the IC design industry note that Meta’s recent cloud AI development strategy has indeed been somewhat chaotic and unclear, with internal chip development plans undergoing repeated adjustments. In the CPU sector alone, the company has sought multiple partners and adopted various approaches. Regarding AI acceleration chips, although Meta has previously officially announced a partnership with Broadcom, supply chain sources indicate that this has not interrupted the ongoing collaboration between MediaTek and Meta. IC design industry sources also emphasized that MediaTek’s and Qualcomm’s cloud AI development roadmaps remain distinctly different: MediaTek is concentrating all its resources on its ASIC business, while Qualcomm plans to pursue both customization and standardization simultaneously, covering both AI accelerator chips and CPU products.

Svmuu News: Major South Korean banks are expanding their foreign exchange trading teams and strengthening their presence in Seoul and London in preparation for the upcoming launch of the near-24-hour won foreign exchange market. Woori Bank has assigned eight additional staff members to its London office, covering positions in foreign exchange, derivatives, and bond trading. Hana Bank has added traders in Seoul and implemented a three-shift rotation system to ensure round-the-clock coverage. Shinhan Bank and KB Kookmin Bank are also expanding their staff and upgrading their systems. The won’s near-24-hour foreign exchange trading system is set to launch on July 6.

Svmuu News: Ansgar Dietrichs, a former Ethereum Foundation researcher and member of Ethlabs, stated on Laura Shin’s “Unchained” podcast that ETH still lacks a clear value narrative after failing to break through the $5,000 mark for five years.Ethlabs was founded on June 22 by five former Ethereum Foundation researchers and is backed by Bitmine, Sharplink, and ConsenSys founder Joe Lubin.
On-chain analytics firm Cryptoquant reported that over 32% of the ETH supply—approximately 39.5 million ETH—is currently staked, while exchange balances continue to decline.The company also noted that Ethereum’s daily active addresses and smart contract activity have reached record highs, yet the price of ETH has fallen by more than 50% from its peak this cycle.