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BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
07/12/2026

Jul 12: Japan Moves Toward Legalizing Cryptocurrency ETFs

Bonzo Lend Suffers $9M Loss in Hedera Oracle Exploit · ETF Inflows Break Eight-Week Outflow Streak for Bitcoin and Ether · Bitcoin $300K–$500K Price Forecasts Challenged by Slowing Growth Multi

Jul 12: Japan Moves Toward Legalizing Cryptocurrency ETFs

Market Snapshot

  • Bitcoin (BTC): $63,822.09 (-0.47% 24h)
  • Ethereum (ETH): $1,788.86 (-0.25% 24h)
  • Solana (SOL): $76.10 (-2.24% 24h)
  • ETF Inflows: Bitcoin and Ether ETFs saw a combined $281.8M net inflow for the week ending July 11, 2026, marking the first positive week after eight consecutive weeks of outflows.

Top Stories

Key Takeaways

  • ETF inflows for BTC and ETH have resumed, but the scale is modest relative to recent outflows, indicating cautious sentiment.
  • Long-term Bitcoin price forecasts are increasingly challenged by empirical data showing diminishing cycle returns.
  • Japan’s regulatory shift toward crypto ETFs could make it a regional leader in compliant digital asset investment.
  • DeFi protocols remain vulnerable to sophisticated oracle exploits, with large-scale losses possible even on newer networks like Hedera.

What to Watch

Market participants will be monitoring whether ETF inflows persist or revert to outflows in coming weeks, as well as the timeline for Japan’s crypto ETF rollout and related tax reforms. Security audits and oracle upgrades across DeFi protocols are likely to accelerate in response to the Bonzo Lend exploit. Broader sentiment remains cautious as investors assess the durability of crypto’s current price bands and the real-world impact of regulatory shifts in major economies.