☕️ GM! Here are the top events in #Crypto from the past 24 hours

📊Market Updates

🔸SEC says proof-of-stake staking doesn’t involve securities, opening the door for ETFs to include staking under clearer guidance.

🔸US spot Bitcoin ETFs saw $358M in net outflows Thursday, ending a 10-day inflow streak and marking the biggest exit since March 11.

🔸Canary Capital files for first US staked CRO ETF after SEC confirms staking is not a securities transaction.

🔸REX and Osprey file with SEC for ETH and SOL staking ETFs, aiming to offer token rewards and income via a C-corp structure.

🔸Thailand will block Bybit, OKX, and others from June 28 for unlicensed operations as part of anti-money laundering efforts.

🌟Highlights

🔸Trump Media signs $2.32B deal to build a Bitcoin treasury, becoming one of the largest BTC holders among US public companies.

🔸BitGo and Kraken begin $5B FTX user payouts as part of bankruptcy plan with users receiving 74% of claim value in this second round.

🔸Paris Saint-Germain reveals Bitcoin treasury strategy and plans to back BTC ventures to connect with its 550 million mostly young fans.

🔸JPMorgan warns of bearish ETH outlook highlighting weak demand, futures in backwardation, flat DeFi growth, and falling staking momentum.

🔸Hyperliquid trader James Wynn lost over $100M as his $1.25B long BTC bet was liquidated after price fell below $105K. Still holds $167M.