Episode
June 1: ETF Outflows Hit $2.97B
- Podcast
- Daily Crypto News
- Published
- Jun 1, 2026
- Duration seconds
- 638
- Processing state
not_requested
Actions
POST https://stenobird.com/v1/public/podcasts/daily-crypto-news-6024634/episodes/june-1-etf-outflows-hit-2-97b/transcription-requests
Idempotently request low-priority transcript generation for this episode.GET https://stenobird.com/podcast/daily-crypto-news-6024634/june-1-etf-outflows-hit-2-97b.md
Read the agent-friendly Markdown representation of this episode resource.
Summary
Brief Summary: Bitcoin opened June weak, trading around $72K and briefly dipping below $72,000. U.S. spot Bitcoin ETFs have now seen a record 10 straight days of net outflows, totaling $2.97 billion. Strategy disclosed the sale of 32 Bitcoin for about $2.5 million between May 26 and May 31, its first disclosed BTC disposal. Strategy still holds 843,706 Bitcoin at an average purchase price of $75,699. The proceeds from Strategy’s sale are earmarked for preferred-stock distributions, raising questions about how its capital structure interacts with its Bitcoin strategy. Ethereum is trading around $2,000 while broader crypto remains under pressure. XLM surged more than 40% after DTCC selected Stellar for a tokenized securities platform rollout. DTCC oversees more than $114 trillion in assets and processes about $2.5 quadrillion in securities transactions annually. HYPE remains one of the few relative-strength tokens, supported by demand for newly introduced HYPE-based ETFs. Binance launched U.S. stock and ETF trading, giving users access to more than 7,000 securities and fractional shares starting at $5. Citi projects tokenized securities could reach $5.5 trillion by 2030, with a bull case of $8.2 trillion. GENIUS Act stablecoin comment periods begin closing June 2, moving stablecoin rules from legislation into implementation. The Senate floor window reopens June 3 for another push on the Clarity Act and related crypto market-structure provisions. Sui suffered three mainnet halts in 48 hours due to upgrade-related bugs, though no user funds were lost. Aave is overhauling listing standards after the $230 million rsETH exploit exposed bridge and off-chain infrastructure risk. A whitehat researcher unlocked about $2 million in ETH trapped in a failed 2016 HongCoin ICO contrac…