#BTC☀

The 3 main news stories of the day:

— The California Assembly approved a bill that allows the state to confiscate unclaimed cryptocurrencies on exchanges after three years, aligning with unclaimed property laws.

— Donald Trump's Truth Social seeks SEC approval for a

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Bitcoin

ETF, which could improve access for regular investors to the competitive cryptocurrency market.

— JPMorgan, the largest bank in the United States by assets, plans to offer commercial and wealth management clients the option to use cryptocurrency-linked assets as collateral for loans, according to a report from June 4 by Bloomberg.

$BTC