Pyth Network Challenges Bloomberg’s $50B Market
Pyth Network launches 24/7 indices for metals, oil, and U.S. equities, adopted by Coinbase and Kraken, challenging Bloomberg’s market-data dominance. #Update #Crypto
ETF
Bitcoin ETF Surges with $86M Inflow
Blackrock’s IBIT leads $86M inflow into Bitcoin ETFs, breaking a previous outflow streak; Ethereum funds see $4.95M outflows for the fourth day. #Update #Crypto $BTC
SEC Approves Crypto ETF with BTC ETH XRP
The SEC approved NYSE Arca’s proposal to list the T. Rowe Price Active Crypto ETF, including $BTC, $ETH, and $XRP among eligible assets. The fund aims for long-term growth. #Update #Crypto $BTC
Bitcoin ETF Launches Blackrock’s Bold Move
Blackrock’s Bitcoin Premium Income ETF (BITA) may launch by June 19, offering a 0.65% fee, undercutting rivals ahead of Goldman Sachs’ July launch. #Update #Crypto
Bitcoin ETF Proposal Gains Yield Mechanism
@BlackRock plans to launch a Bitcoin ETF, BITA, on Nasdaq, investing in IBIT stocks and using covered call options for income. Management fee set at 0.65%. #Update #Crypto $BTC
Binance Stock Trading Surges $400M First Week
Binance’s U.S. stock-trading service amassed $400M in assets one week post-launch, offering 7,000+ stocks and ETFs at zero commission; tokenized Bstocks on BNB Chain pending approval. #Update #Crypto $BNB
Bitcoin ETFs Lose $91M as Ether Gains $82M
U.S. spot bitcoin ETFs saw $91.37M outflows on June 8, while ether ETFs gained $82.37M, indicating a rotation between the two largest crypto assets amid a selloff. #Update #Crypto $BTC
ETFs Surge as Inflows Hit $5B
Ether ETFs see $82.37M inflows led by @Fidelity FETH and @Blackrock ETHB, while Blackrock IBIT’s $232.92M outflow causes bitcoin ETFs to lose $91.37M net. #Update #Crypto $ETH
Bitget Launches Stocks 2.0 with 36 Tokenized Assets
@Bitget launches Stocks 2.0 with 36 tokenized US stocks and ETFs, enhancing liquidity and trading options. Targeting broader adoption, it aims for significant market share by 2030. #Update #Finance
Bitcoin ETPs Launched by Morgan Stanley
Morgan Stanley partners with Galaxy Digital to allow eligible clients to lend $BTC, $ETH, and $SOL, reducing minimum loan size from $25M to $5M. #Update #Crypto
Bitcoin ETFs See $1.72B Outflow Plunge
Bitcoin ETFs saw $1.72B in outflows, led by Blackrock’s $1.34B loss, while Ether ETFs lost $168M. HYPE gained $17M and XRP added $2.6M in inflows. Crypto $BTC
Bitcoin ETF Launches Bridging Carbon Markets
7RCC Global launches BTCK ETF on NYSE Arca, combining 80% bitcoin and 20% carbon credit futures. Gemini custodies BTC, targeting ESG-focused investors. #Update #Crypto $BTC
Bitcoin ETFs Bleed $326M as BTC Dips
Spot Bitcoin ETFs lost $326M, while Ether ETFs shed $5.97M, signaling cooling institutional interest as $BTC trades near multi-week lows of $59K. #Update #Crypto $BTC
Bitcoin Surges as Hyperliquid Dominates After-Hours
Hyperliquid has become Wall Street’s preferred weekend venue for perpetual futures, dominating over 70% of the market. ICE Chair Jeffrey Sprecher calls it a “wake-up call.” #Update #Crypto