Jul 15 — Stablecoins, ETF flows, and macro shifts in crypto

QuantAlpha Digital Asset Update · Jul 14, 2026 · 4m

• A 140-member consortium including Stripe, BlackRock, and Coinbase launched Open USD to rival USDC — Circle's stock fell 17% and Mizuho cut it to underperform, exposing how dependent the company is on reserve income. • Bitcoin and Ethereum ETFs brought in $282M last week after eight straight weeks of outflows totaling over $8B — a possible turn in institutional sentiment worth watching closely. • June CPI fell 0.4%, the steepest monthly drop since 2020, pushing the implied odds of a Fed rate hike from 42% to 17% — softer inflation likely helped push bitcoin toward $64,000.