Syz the moment

This was the biggest one-day increase since June 2 and the third straight day of inflows, totaling $897.9 million. The fund's assets increased by 6.9% during that span. The fund has suffered net outflows of $543.4 million in the past year. Source: Bloomberg

Odds of the Federal Reserve raising rates twice more this year look less likely after inflation promisingly cooled. A quarter-point hike at the upcoming July meeting remains Wall Street's base case. Source : wsj

Bankrupt crypto lender Celsius has accused StakeHound of failing to hand back $150 million worth of various tokens which it had entrusted to the liquid staking platform. In a complaint filed as part of Celsius’s ongoing bankruptcy proceedings, lawyers also alleged that StakeHound had violated bankruptcy rules by commencing an arbitration proceeding against the business in Switzerland. At the heart of the case are $120 million worth of Ethereum (ETH), $30 million in Polygon (MATIC), and Polkadot (DOT) tokens worth $300,000, based on recent prices.

Source: Decrypt

Source: J.P.Morgan Asset Management

Bankruptcy filings by larger corporations in the first half of this year rose to the highest level since the same period in 2010, when they were coming down from the Financial Crisis Source: www.wolfstreet.com, WallStreetSilver

ECB QT continues w/balance sheet shrank by another €12.8bn to €7,207bn, lowest since Mar2021. ECB's total assets now equal to 53% of Eurozone GDP vs Fed's 31%, SNB's 121%, and BOJ's 128%. Source: HolgerZ, Bloomberg

The US 30 year mortgage rate has hit a new decade high at 7.38%, up 23 bps since last week, per BankRate

Everything you need to know about the spot bitcoin ETF race in one beautiful table by ⁦JSeyff thru Eric Balchunas