Bitcoin ETF Flows Reverse to Inflows as XRP Volume Pushes Price to $1.16, Up 5%

US President Donald Trump has defended earning roughly $1.4 billion from crypto ventures while in office, insisting there was “nothing wrong” with the profits after a fresh financial disclosure reignited conflict-of-interest concerns. The remarks came the same day US spot Bitcoin ETFs recorded their strongest inflow day since May and tokenization platform Securitize made its debut on the New York Stock Exchange with shares trading on Solana and Avalanche.

Trump defends crypto windfall amid disclosure scrutiny

Trump’s latest financial filing shows crypto accounted for the majority of his more than $2 billion in reported 2025 income, with hundreds of millions of dollars traced to his TRUMP memecoin, World Liberty Financial and a stablecoin venture, according to Cointelegraph.

The disclosure lands as Congress debates major crypto legislation, including the CLARITY Act, fueling renewed criticism that the president stands to personally benefit from policies shaping the industry he is helping regulate. Trump dismissed the concerns, saying others manage his investments and that he is not directly involved in the decisions.

The episode underscores how tightly politics and crypto have become intertwined in Washington, with digital asset companies reportedly funneling roughly $189 million into the 2026 election cycle in an effort to influence upcoming regulation, Cointelegraph reported.

Bitcoin ETFs snap ten-day outflow streak

US-listed spot Bitcoin ETFs pulled in $221.7 million in net inflows on Thursday, according to data from SoSoValue, marking their first day above $200 million since early May and ending a ten-day stretch of net outflows that totaled more than $2.7 billion.

The rebound follows one of the weakest periods for the funds this year, with net outflows hitting a record $4.5 billion in June. Bitcoin reclaimed the $61,000 level after briefly dipping below $59,000, and Bitwise chief investment officer Matt Hougan suggested the market could be nearing a bottom, per Cointelegraph.

Despite the inflow rebound, sentiment remained weak: the Fear & Greed Index from Alternative.me registered an “extreme fear” reading on Friday.

Securitize rallies on NYSE debut with tokenized shares

Tokenization platform Securitize rallied on its NYSE debut on Thursday under the ticker SECZ after merging with a Cantor Fitzgerald-backed special-purpose acquisition company to go public. The firm, backed by BlackRock and Morgan Stanley, simultaneously launched tokenized versions of its own shares on the Solana and Avalanche blockchains, available to eligible US investors on its platform.

Cointelegraph notes it is the first time a newly public company has also offered tokenized stock, an area drawing growing institutional interest for its potential to deepen liquidity and extend trading hours. Securitize had already partnered with the NYSE in March to build tokenized assets for the exchange’s upcoming tokenized securities platform, reinforcing its lead in institutional tokenization.

Read more: Bitcoin Rebounds to $62K as ETF Inflows Resume, Trump BTC Holdings Surface