Happy Friday! Welcome to the 17th instalment of the Coinbyte Weekly Wrap.

The crypto market traded with a firmer tone this week, led by continued strength in Bitcoin as BTC climbed from the high-US$78,000 range to briefly test above US$82,700 before pulling back and settling near US$79,700, ending the week up approximately 4.70%.Major altcoins delivered mixed performance. BNB gained 0.89% and TRX rose 0.51%, while ETH slipped 0.41%. SOL and ADA underperformed among large-cap assets, declining 2.86% and 2.74% respectively, with DOGE also closing lower by 1.33%.Trading activity remained elevated across major cryptocurrencies. BTC average daily volume reached roughly US$39.4bn over the past seven days, while ETH averaged around US$19.4bn. Stablecoin liquidity also stayed strong, with USDT daily turnover holding near US$125.7bn.Meanwhile, spot Bitcoin ETFs recorded more than US$1.5bn in net inflows over the past seven days, extending positive inflows to five consecutive weeks. Total ETF inflows during this five-week period have now exceeded US$4bn, highlighting continued institutional demand despite short-term market volatility.Overall, this week’s market action reflected renewed Bitcoin strength alongside selective weakness across large-cap altcoins, with institutional capital continuing to support broader crypto sentiment.

This week saw stronger policy momentum and accelerating institutional demand, reinforcing crypto’s integration into traditional finance. The White House advanced plans for a CLARITY Act by July 4, while regulatory debate around stablecoin incentives continued.Bitcoin climbed back above $81.5K, supported by over $500M in ETF inflows and rising tokenization-driven demand, alongside growing signs of a structural supply squeeze from institutional accumulation.Institutional adoption expanded further, with banks and asset managers deepening exposure to Bitcoin and Ethereum through regulated products, treasury strategies, and yield frameworks.At the same time, real-world adoption accelerated as stablecoin infrastructure, tokenized equities, and onchain Treasuries continued to scale, signaling broader financial migration to blockchain rails.Overall, policy progress, institutional inflows, and onchain expansion continue to strengthen crypto’s transition into mainstream financial markets.

Performance

Market | Bitcoin Tops $81.5K on ETF Inflows

Strong buying momentum is returning to the crypto market as Bitcoin reclaims $81,500 amid improving sentiment across risk assets. Institutional inflows and rising tokenization demand continue to drive the rally, with spot ETFs recording over $500 million in a single session—signaling sustained capital accumulation rather than short-term speculation. link

Regulation | White House Pushes CLARITY Act Before July 4

The White House is aiming to pass the landmark CLARITY Act by July 4, which would establish a federal framework for digital asset regulation in the U.S. The bill seeks to clarify oversight between the SEC and CFTC while setting broader rules for crypto markets and stablecoins. Ongoing disputes around stablecoin rewards and ethics provisions remain key sticking points. link

More News

Institution | Morgan Stanley said Bitcoin could eventually appear on U.S. bank balance sheets as regulatory conditions continue improving, though hurdles including Federal Reserve rules and Basel capital requirements still remain. The bank recently launched the first bank-issued Bitcoin ETP, which attracted more than $100 million in inflows within six days, highlighting growing institutional demand for regulated Bitcoin exposure. link

Institution | Ethereum co-founder Joseph Lubin backed ETH treasury firms such as SharpLink and BitMine, calling the Digital Asset Treasury (DAT) model a “profound innovation” for Ethereum’s ecosystem. Lubin said these firms create long-term permanent capital by accumulating and staking ETH without relying on leverage, helping institutionalize Ethereum-based treasury strategies. link

Stablecoin | SoFi will launch its SoFiUSD stablecoin on Solana as the nationally chartered U.S. bank expands its crypto payments and settlement infrastructure. The stablecoin is designed for 24/7 settlement, remittances, card networks and enterprise payments, with SoFi citing Solana’s low costs and fast throughput as key advantages. link

Tokenization | Securitize, Jump Trading and Jupiter launched fully onchain, regulated trading for tokenized equities on Solana, combining institutional liquidity, compliant market infrastructure and DeFi-based distribution. The integration aims to bring real equities onto blockchain rails with scalable secondary trading, near-instant settlement and 24/7 market access.link

Clarity Act | New compromise text for the CLARITY Act would allow crypto firms to continue offering activity-based stablecoin rewards while banning yield programs that resemble interest-bearing bank deposits. The proposal aims to protect traditional banks from deposit competition while preserving crypto platform incentives tied to real user activity and transactions.link

Institution | Bitcoin’s daily supply is being overwhelmed, with institutional demand now absorbing over 500% of newly mined BTC. In April alone, ETFs and corporate buyers accumulated around 70,000 BTC versus just 13,500 BTC mined, signaling a deepening supply squeeze as traditional capital accelerates its move into Bitcoin.link

Tokenization | Capital is rapidly moving onchain. Tokenized U.S. Treasuries on Ethereum have reached a record $8 billion market cap, doubling in just six months as institutional demand for onchain yield accelerates. The surge highlights growing adoption of blockchain-based financial assets beyond crypto-native markets.link

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