Bitcoin ETF flows for the year remain deeply negative — $5.29 billion in net outflows year-to-date, with outflows in four of the seven months of 2026. June alone posted $4.5 billion in outflows, the largest monthly withdrawal on record. July's $172.4 million recovery barely registers against that backdrop.

The Kalshi lawsuit seeks to halt the company's operations in New York, force it to forfeit illegal gains, pay restitution to users, and pay civil penalties equal to three times those gains. "No matter what they call themselves, prediction markets like Kalshi are gambling platforms, plain and simple," James said in a statement released alongside Governor Hochul.

The Hong Kong stock exchange listing rules changes, first outlined in a consultation paper in March, are designed to bring the city's regulatory regime closer to those of US exchanges like Nasdaq, where dual-class structures are common and anonymous filings are standard practice. Katherine Ng, head of listing at HKEX, called the changes "a major step in enhancing the flexibility and diversity of Hong Kong's listing regime."

The Kuwait oil pipeline deal will generate nearly $8 billion in upfront proceeds for Kuwait Petroleum Company, which will retain 51% and lease back operational rights over the infrastructure. The capital will help KPC fund its target of reaching 4 million barrels per day in crude production capacity by 2035.

Bitmine Immersion Technologies generated $45.7 million in Ethereum staking revenue in the quarter ended May 31, accounting for 98% of the company's total revenue for the period. That compares to just $2 million in total revenue for the same quarter a year ago, when the company's income came primarily from machine leasing. Bitcoin self-mining contributed $624,000, and consulting services added $168,000.