📰 What you need to know this Wednesday, June 11

📥 Inflows of $431.12M were recorded to BTC ETFs.

The largest inflow was in BlackRock's IBIT ETF with an amount of $336.74M, while the ETH ETF had inflows of $124.93M.

🇺🇸🇮🇷 The U.S. is preparing to evacuate countries in the Gulf due to the growing risk linked to Iran.

According to Reuters, the U.S. embassy in Iraq is preparing for an evacuation amid increasing security risks, oil reacted +5% due to geopolitical risk affecting the market.

🐳 GameStop aims to raise $1.75 billion to acquire more Bitcoin.

In May, GameStop purchased 4,710 BTC for approximately $500 million, and now the company will issue senior convertible notes for $1.75 billion.

🏢 F Street announced that it has begun adding Bitcoin to its corporate treasury, aiming to accumulate $10 million in BTC, joining the long list of companies adopting the leading cryptocurrency by market cap in the industry.

⚠️ In the last 24 hours, 107,926 traders were liquidated, and the total liquidations reached $304.25 million.

The largest individual liquidation order occurred on Binance - ETHUSDT for a value of $2.74M.

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