Sui and Ethena lead over $280M in token unlocks this week, potentially pressuring altcoin markets amid thin liquidity.
The SEC may delay decisions on spot Bitcoin and Ethereum ETFs, increasing uncertainty around institutional crypto adoption.
Powell’s speech and the Beige Book will offer key macro signals influencing Fed rate expectations and crypto market sentiment.
June 1 (Sunday)
Sui (SUI) unlocks 47.34 million tokens at 08:00, worth approximately $150 million, representing 1.4% of circulating supply
dYdX (DYDX) unlocks 8.72 million tokens at 08:00, worth approximately $4.68 million, representing 1.1% of circulating supply
June 2 (Monday)
Ethena (ENA) unlocks 210 million tokens at 08:00, worth approximately $64.37 million, representing 3.7% of circulating supply
June 3 (Tuesday)
U.S. SEC decision deadline on spot Bitcoin & Ethereum ETFs (WisdomTree and VanEck)
Fed Chair Jerome Powell delivers opening remarks at a policy event
June 4 (Wednesday)
EigenLayer (EIGEN) unlocks 1.28 million tokens at 08:00, worth approximately $1.67 million, representing 0.4% of circulating supply
IOTA (IOTA) unlocks 8.61 million tokens at 08:00, worth approximately $1.55 million, representing 0.2% of circulating supply
June 6 (Friday)
U.S. May Unemployment Rate — Forecast: N/A
U.S. Nonfarm Payrolls (May) — Forecast: N/A
U.S. Fed Beige Book release
Bitget Token (BGB) unlocks 280K tokens at 08:00, worth approximately $1.33 million, representing 0.0% of circulating supply
Mocaverse (MOCA) unlocks 44.29 million tokens at 08:00, worth approximately $3.41 million, representing 1.7% of circulating supply
KEY EVENTS TO WATCH THIS WEEK
June 3 – SEC Postpones Bitcoin & Ethereum ETF Decisions
The U.S. Securities and Exchange Commission (SEC) is expected to announce its postponed decision on spot Bitcoin and Ethereum exchange-traded fund (ETF) proposals submitted by WisdomTree and VanEck.
Originally submitted under the updated 19b-4 rule framework, these filings are part of a broader wave of institutional attempts to gain regulated exposure to crypto through traditional financial vehicles.
Although a delay is procedural and not a denial, it adds uncertainty to the ETF approval timeline that many see as pivotal for broader institutional participation.
Approval would mark a major stepforward for crypto legitimacy in capital markets, potentially unlocking billions in inflows from pension funds, RIAs, and conservative asset managers.
The market’s reaction will largely depend on the tone and reasoning behind the delay. If framed as a technical extension or request for further comment, sentiment may hold steady.
But if the language hints at regulatory hesitation, it could dampen short-term enthusiasm around crypto integration in TradFi structures.
June 4 – Powell Speech at Policy Event
Federal Reserve Chair Jerome Powell will deliver opening remarks at a high-level economic forum on June 4, offering markets a rare mid-cycle check-in on his thinking amid conflicting economic signals.
While inflation has cooled from its 2022 highs, recent data shows that core inflation remains sticky, and wage growth remains above trend. Meanwhile, economic growth is slowing, with real GDP showing signs of contraction in early 2025.
These conditions place Powell in a difficult position — balancing credibility on inflation with pressure to avoid a deeper economic slowdown.
Investors will scrutinize his tone for clues about the July FOMC meeting. A dovish tilt (emphasizing caution, economic fragility, or “data dependence”) could encourage more aggressive rate cut pricing for Q3, which would generally be bullish for crypto and other risk assets.
On the other hand, a hawkish posture or resistance to easing could trigger renewed strength in the dollar and weaken digital asset sentiment in the short term.
June 6 – Fed Beige Book Release
The Beige Book, a qualitative survey of economic activity across the twelve Federal Reserve districts, will be released on June 6.
While not a direct policy tool, it offers a real-time window into business conditions, consumer behavior, labor market trends, and inflationary pressures at the regional level.
In recent months, the Beige Book has shown divergent regional dynamics — with strength in service-sector employment but weakness in manufacturing and construction.
Any signs of cooling demand or rising layoffs could strengthen the case for monetary easing later this summer.
For crypto markets, this release is particularly relevant in the current cycle, as traders look for macro confirmation of liquidity shifts.
If the report signals weakening economic momentum, expectations for a more accommodative Fed stance may rise—providing a supportive backdrop for Bitcoin, altcoins, and token liquidity narratives.
Conversely, signs of resilient inflation or wage stickiness could reinforce a “higher-for-longer” scenario, which tends to tighten risk appetite across the board.
WEEKLY SUMMARY
This week features a blend of macro policy signals, critical labor data, and large token unlock events. Powell’s remarks and the Fed’s Beige Book will shape expectations for Q3 monetary policy, while Friday’s U.S. jobs report could move risk markets across the board.
On the crypto-native side, the SEC’s decision delay adds uncertainty to the ETF timeline narrative. Meanwhile, over $280M in token unlocks—led by SUI, ENA, and MOCA—could add localized volatility, particularly if market liquidity remains thin.
As BTC trades near key psychological levels and altcoins face both unlock pressure and macro headwinds, investors should watch for capital rotation, positioning shifts, and signs of accumulation across strong narratives. June is off to a complex start, and every signal may count.
〈Crypto Weekly Outlook (6/02–6/08)｜Sui (SUI) unlocks 47.34 million tokens,worth approximately $150 million〉這篇文章最早發佈於《CoinRank》。
