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# Summary of the Main Bitcoin News Today
## Current Bitcoin Price
According to the latest data, Bitcoin $BTC
is trading around **$109,317.19**, showing a slight fluctuation in the last hours after reaching a high of approximately **$110,387.96**.
## Featured News
### 1. American Bitcoin and the Trump Family
* The mining company American Bitcoin Corp (ABTC), backed by Eric Trump and Donald Trump Jr., has acquired **215 BTC** (approximately $23-24 million) since its launch in April 2025.
* This company is merging with Gryphon Digital and has recently submitted its strategic plan in a document to the SEC.
* Trump Media has also announced plans to raise $2.5 billion to buy bitcoin.
### 2. Bitcoin ETFs Break Records
* BlackRock's Bitcoin ETF (IBIT) has made history by becoming the fastest ETF to surpass **$70 billion** in assets under management.
* IBIT reached this milestone almost five times faster than the previous record holder, SPDR Gold Shares (GLD).
* With over 661,000 BTC under management, BlackRock has become the largest institutional holder of Bitcoin.
### 3. Regulatory Advances
* The U.S. Senate is preparing to vote on the GENIUS Act, which could establish the first federal regulatory framework for stablecoins.
* SEC's Paul Atkins has defended the right to self-custody of cryptocurrencies, labeling it as a "fundamental American right."
* A tiered regulatory framework is being established for stablecoin issuers, where those with less than $10 billion in market capitalization can opt for state-level oversight.
### 4. Corporate Treasury Trends in Bitcoin
* A new trend is emerging where publicly traded companies are acquiring large amounts of Bitcoin as a corporate reserve.
* Cango Inc. is accelerating its strategic transformation towards global Bitcoin mining, with plans to acquire 18 EH/s in mining capacity.
* Ionic Digital reported that it mined 132.90 BTC in May 2025, operating at an average daily hash rate of 8.24 EH/s.
### 5. Institutional Market
* Nasdaq has reconfigured its Crypto US Settlement Price Index (NCIUS), expanding it beyond bitcoin and ethereum to include four additional digital assets.
* 60% of Fortune 500 companies are working on blockchain projects according to recent reports.
* Long-term Bitcoin holdings have reached an all-time high.
## Market Outlook
The cryptocurrency market has experienced a significant increase in volume recently, with Bitcoin touching $110,000. Analysts suggest that Bitcoin still has ample room to continue its upward trend, especially with growing institutional and corporate adoption.
The combination of successful ETFs, corporate accumulation, and regulatory advances is creating a favorable environment for Bitcoin right now.
The above information has been researched and summarized and does not constitute investment advice.
