🧭 Macroeconomic Policy & Regulation
🇺🇸 #CLARITYAct Bill passed the Financial Services Committee review
— Passed with 32 votes in favor and 19 against, to be submitted for a full vote in the House of Representatives, aiming to clarify the structure of the digital asset market and delineate the regulatory boundaries between SEC and CFTC.
🇺🇸 SEC Chairman expresses support for DeFi self-custody
— SEC Chairman recently stated support for DeFi platform innovation, emphasizing user self-custody rights, boosting sentiment in the DeFi sector.
🏦 Institutions & Capital Markets
🔷 GameStop's earnings report reveals acquisition of 4,710 BTC
— From May 3 to June 10, accumulated purchase of 4,710 BTC, implementing BTC reserve asset strategy.
🔷 The Blockchain Group approved for €11 billion financing
— Used to accelerate BTC purchasing strategy, receiving 95% shareholder support, currently holding 1,471 BTC, plans to increase holdings further.
🔷 Crypto.com launches U.S. credit card product
— New version of Crypto.com Visa Signature credit card supports cryptocurrency cashback, expanding payment scenarios.
📈 ETF fund flow & derivatives dynamics
1. #BTC Spot ETF
— Total net inflow of $431 million, IBIT daily net inflow of $337 million, FBTC net inflow of $67.07 million, BITB with slight net outflow.
— Total net asset value of ETFs reaches $132.8 billion, accounting for 6.08% of BTC's total market capitalization.
2. ETH Spot ETF
— Total net inflow of $125 million, ETHA net inflow of $80.59 million, FETH net inflow of $26.32 million, a cumulative 17 consecutive net inflows.
— Total net asset value of ETFs reaches $10.65 billion, accounting for 3.18% of ETH's total market capitalization.
3. Noteworthy: ETH derivatives daily trading volume exceeds BTC
— Daily trading volume of ETH derivatives at $110 billion, exceeding BTC's $84.7 billion, driven by ETF inflows and DeFi recovery.
📈 On-chain data & market sentiment
Current BTC price: $109,311, stable compared to yesterday, high-level fluctuations
Current ETH price: $2,768+, up 2.88% from yesterday, driven by ETF & DeFi sector favorable boosts
DeFi sector: +4.94%, rising for two consecutive days, driven by SEC Chairman's supportive comments
Layer2 sector: +3.13%, continuing to rebound, OP and ARB lead in growth
Total net inflow of ETFs: BTC +$431 million, ETH +$125 million, continuous net inflow, stable funds flowing into mainstream ETFs
🔍 Other updates
OpenAI releases o3-pro model
— Claimed strongest inference model in history, price cut by 80%, boosting AI sector's linkage to crypto price increase expectations.
Tron chain stablecoins surge
— Net increase of $1.04 billion in 7 days, ETH and AVAX also showed significant growth, while SOL experienced slight outflow.
Paraguay President X account hacked
— Released false news claiming BTC fiatization, government urgently clarified.
Uphold considers IPO or sale, seeking valuation over $1.5 billion
Aave lending total hits a new high
— Surpassing $16 billion, on-chain lending activity strengthens.
🧠 Crypto undercurrents · Three-point quick review
1️⃣ ETH market heat continues to rise
— ETH derivatives trading volume surpasses BTC, ETF inflows for 17 consecutive days, DeFi sector's recovery boosts, short-term market focus has shifted from BTC to ETH and DeFi.
2️⃣ Positive policy release
— SEC Chairman publicly supports DeFi self-custody, CLARITY Act bill progresses, temporarily favorable policy environment, short-term fund risk appetite increases.
3️⃣ BTC fluctuating at high levels, structure stable
— BTC holds steady around $109,000, ETF continues to flow in, no large-scale withdrawals on-chain, maintaining expectations for upward volatility, short-term focus on fund changes and policy risks.
📮 Daily news and updates delivery, follow me