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#MetaplanetBTCPurchase $BTC Investment products in cryptocurrencies continued their streak of capital inflows for several weeks, while Bitcoin traded near new highs and Ether briefly surpassed $2,800 for the first time since February.
Globally, cryptocurrency exchange-traded products (ETPs) recorded capital inflows worth $1.9 billion in the stock week that ended on Friday, raising the capital inflow streak to $12.9 billion over nine weeks, according to CoinShares on Monday.
With the new inflows, cryptocurrency ETPs set a historical record of inflows year-to-date (YTD) of $13.2 billion, wrote CoinShares' head of research, James Butterfill.
The total assets under management (AUM) in cryptocurrency ETPs rose to $179 billion from $175.9 billion last week.
BNB, short for "Build and Build", is the native cryptocurrency asset of the Binance ecosystem. Binance basically started as a cryptocurrency exchange, but has since expanded its offerings. It launched Binance Coin in 2017 through an initial coin offering (ICO). In 2022, Binance introduced a rebranding that included changing the asset's name from Binance Coin (BNB) to simply BNB, dropping the name Binance Coin.
BNB serves several roles, including as a method of fee reduction on the Binance exchange and as the currency for paying fees for activities on BNB Chain, the underlying blockchain ecosystem of BNB. The price of BNB can be valued in United States dollars (USD). The value of BNB in USD is displayed live at the top of the page. The previous BNB price chart shows the price history of the BNB coin.
#VietnamCryptoPolicy The National Assembly of Vietnam approved the Law on the Digital Technology Industry on June 14, subjecting digital assets to regulatory oversight.
The legislation, which will come into effect on January 1, 2026, recognizes crypto assets and lays the groundwork for broader digital innovation across the country, according to local media reports.
The law classifies digital assets into two categories: virtual assets and crypto assets. While both rely on encryption or digital technologies for validation and transfer, neither includes securities, digital fiat currencies, or other financial instruments.
The Government now has the task of defining specific business conditions, classifications, and oversight mechanisms for these types of assets.
The law also requires cybersecurity and anti-money laundering measures in line with international standards, in an effort likely aimed at addressing the concerns of the Financial Action Task Force (FATF). Vietnam has been on the FATF's "grey list" since 2023. fragment from cointelegraph 😎
$BTC A solo Bitcoin miner successfully mined block 899,826, earning a reward valued at 330,386 dollars, a rare feat amidst record network difficulty.
According to data from mempool.space, the block was confirmed at 3:48 a.m. UTC on June 5 and included 3,680 transactions. The miner, who operates under the Solo CK group, raised a grant of 3.125 bitcoins (BTC) plus an additional 0.026 BTC in fees.
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