Morning News Update #Web3
💸 Spot Bitcoin ETF outflows: According to TraderT, U.S. spot Bitcoin ETFs saw a net outflow of $48.8 million yesterday.
🇺🇸 @EricTrump backs TRUMP coin: Eric Trump announces that World Liberty has partnered with TRUMP token and plans long-term acquisition.
🏦 @arca exits Circle: Arca CIO @jdorman81 confirmed the firm has sold all Circle (CRCL) shares. Previously, Arca criticized Circle's IPO allocation and said it would switch to USDT. @circle
📊 ENA sell-off: Lookonchain reports 6 wallets deposited a total of 95.36M ENA (worth ~$28.4M) to Binance in the past 20 hours — all funds originated from the EthenaProxy wallet.
🪙 Pump.fun eyes $1B token raise: The Block reports Pump.fun is seeking to raise $1B through an upcoming token sale and may share protocol revenue with holders. Details on revenue distribution, including income from PumpSwap, remain unclear. Pump.fun declined to comment. @pumpdotfun
