In brief U.S. spot Bitcoin ETFs posted $225.2 million in net outflows on July 23, ending a seven-day streak that had pulled in nearly $1 billion, according to SoSoValue data. BlackRock’s IBIT accounted for the bulk of the exit at $202.5 million, while Morgan Stanley’s MSBT was the only Bitcoin fund to add money, taking in $5 million. Spot Ethereum ETFs moved the opposite direction, adding $26.3 million to stretch their own inflow streak to five straight days. It was nice while it lasted. Bitcoin ETFs just had their first bad day in more than a week.U.S.-listed spot Bitcoin ETFs—stock…

In brief Claude Opus 5, released July 24, costs $5 per million input tokens—identical to its predecessor Opus 4.8 and exactly half the price of Fable 5—while outperforming Fable 5 on most major benchmarks. Opus 5 scored 43.3% on Frontier-Bench v0.1, an agentic coding evaluation, versus 33.7% for Fable 5 and 34.4% for OpenAI’s GPT-5.6 Sol; on ARC-AGI-3, a novel problem-solving benchmark, it scored 30.2% against GPT-5.6 Sol’s 7.8%—a gap that’s not close. The new model is the default on Claude Max and the strongest on Claude Pro, effectively replacing Fable 5 as the go-to for most subscribers. Claude Opus…

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