In today’s episode of the Fere AI Morning Alpha Show, Emilie and Erik decode a market roaring with fresh liquidity, surging ETF flows, and altcoin rotation.

Ethereum takes the spotlight as spot ETH ETFs post a record-breaking $726M in daily inflows — over 100x its daily issuance — flipping Bitcoin on investor demand. ETH crosses $3,300, with calls for $3,800 before August. Meanwhile, Tether mints $2B USDT, fueling fresh market depth.

TradFi’s accelerating: Canary files for a staked Injective ETF, BitMine becomes the third-largest ETH treasury, and a penny stock miner is raising $500M to build a Dogecoin treasury (seriously). ICP’s ETP lists in Europe as tokenized TradFi expands across chains via Ondo and Securitize.

On-chain, Coinbase Base debuts Flashblocks, slashing block times to 200ms and intensifying the L2 race. Cosmos, on the other hand, backs off its native EVM push.

Altcoin momentum picks up: XRP hits $3.40, BONK +19%, NEAR eyes $3, and ETH-led rotation is in full swing. With XRP open interest at $10B and Adam Back’s firm holding 30K BTC, institutions are stacking silently.

Plus: Coinbase rebrands its wallet to Base App, Farcaster deploys new mini-apps, and zk infra picks up steam. The lines between social, finance, and infra are vanishing.

This isn’t just another bull wave — it’s a shift in platform, infrastructure, and capital base.