🚨 What’s hot in crypto today? 🔥

Crypto News

✦ The SEC has approved Trump’s submitted S-3 registration statement.

✦ Grayscale, VanEck, and other $SOL ETF issuers have submitted updated S-1 filings.

✦ BlackRock now holds 3% of the total Bitcoin supply, becoming one of the largest institutional holders.

✦ A former blockchain executive appointed as Director of Trading and Markets at the SEC.

✦ SEC, Ripple file motion to release $125M in escrow as case winds down.

✦ Michael Saylor claims Bitcoin could help address Apple’s stock buyback strategy.

✦ LayerZero is set to initiate its second protocol fee toggle vote on June 20.

✦ Sonic has teamed up with RedotPay to enable $S token payments across 130 million Visa-supported merchants.

✦ The White House has rejected crypto conflict-of-interest provisions included in the CLARITY Act.

✦Trump’s presidential financial disclosure reveals $57M in earnings from a family-owned crypto company.

On-Chain Updates 💹

✦ Over the past 24 hours, total liquidations across the crypto market reached $259M, with a breakdown of both long and short positions.

✦ USDC’s circulating supply has dropped by approximately $100M over the past week.

✦ Yesterday, U.S. Bitcoin spot ETFs saw a net inflow of $301M, with BlackRock’s IBIT contributing $239M. Meanwhile, U.S. Ethereum spot ETFs recorded a net outflow of $2.10M.

✦ A Hyperliquid wallet shorted a basket of tokens, earning $2.28M in funding fees over 3 days.