Overview

Daily Macro: BTC and ETH experienced slight fluctuations, with BTC remaining above $62,000 and ETH stabilizing around $3,420. SOL is steadily climbing, breaking through $150 and currently approaching $155.

Daily Focus - TON-themed Tokens: The total value locked (TVL) in the TON network is steadily increasing, surpassing $680 million and reaching a new high.

Next Focus - spot Ethereum ETF: The earliest possible trading start date for the spot Ethereum ETF could be in July.

Daily Macro

Bitcoin Market BTC and ETH continue to fluctuate, with slight price movements over the past 24 hours. BTC briefly fell below $62,000 but is currently holding above that level. ETH is stable around $3,420. SOL is steadily climbing, breaking through $150 and currently approaching $155.

Bitcoin ETF Data shows that on July 1st, Eastern Time, Bitcoin ETFs saw a net inflow of $129 million, marking the fifth consecutive day of net inflows.

Daily Focus

Ton-themed Tokens

Reason for Focus: The total value locked (TVL) in the TON network is steadily increasing, having surpassed $680 million and reaching a new high. Leading investment institutions such as Pantera Capital made significant investments in TON earlier and are currently raising a new fund to purchase more TON.

Performance of Related Tokens:

$TON: Up 5.48% in the past 24 hours, with a market cap of approximately $19.89 billion.
$NOT: Down 1.08% in the past 24 hours, with a market cap of approximately $1.391 billion.
$REDO: Down 3.53% in the past 24 hours, with a market cap of approximately $97.518 million.
$STON: Up 21.29% in the past 24 hours, with a market cap of approximately $28.5308 million.
$FISH: Up 24.98% in the past 24 hours, with a market cap of approximately $16.4203 million.
$DUREV: Up 12.71% in the past 24 hours, with a market cap of approximately $6.5208 million.
$JETTON: Up 40.67% in the past 24 hours, with a market cap of approximately $4.6807 million.

Market Outlook: With Telegram's large user base, TON has the potential to attract a significant number of new users to the blockchain and cryptocurrency market. As the TON ecosystem continues to expand and its TVL increases, market attention on TON ecosystem projects is also growing.

Next Focus

Spot Ethereum ETF may trade as early as in July

Reason for Focus: In May, the SEC approved the first 19b-4 forms for spot Ethereum ETFs. The next step is to approve the S-1 filings, after which trading can commence. Some optimistic market views suggest that the S-1 approval date could be in July. Once the spot Ethereum ETF is approved, it could lead to price fluctuations in Ethereum. On one hand, this will bring more liquidity to the market and attract more institutional investors. On the other hand, some short-term investors may consider the good news to be priced in and choose to sell to lock in profits.

Related Assets: The most directly affected asset by this event is ETH. Additionally, ETH ecosystem projects might also be indirectly impacted.

How to Participate: Regular investors can continuously monitor official announcements from the SEC, trade ETH and its ecosystem projects through cryptocurrency exchanges (such as CoinEx) to capitalize on opportunities arising from market volatility.

CoinEx Daily：The TVL of TON Network is Reaching a New High