Global markets rose as the Dow Jones (+0.75%), S&P 500 (+0.94%), and Nasdaq (+1.52%) all gained, despite simmering geopolitical tensions and a widening trade rift between the EU and China. Oil prices pulled back after reports of regional diplomatic efforts to deescalate conflict. The G7 summit opened under pressure, with President Trump pushing to reduce America’s global military footprint and intensify trade offensives. Meanwhile, China’s retail sales surprised to the upside, but softer industrial production highlighted ongoing pressure from trade disruptions, and the Bank of England’s rate outlook remained clouded by energy market volatility.
The Trump administration is considering a high-level meeting this week between U.S. envoy Steve Witkoff and Iran’s foreign minister to discuss a possible nuclear deal and ceasefire, as Trump seeks to avoid full-scale war and leverage U.S. military capabilities to push toward negotiations.
- The global crypto market cap increased 0.17% over the past 24 hours to $3.33tn. The total crypto market 24h volume increased 44% to $132.5bn.
- In the past 24 hours, crypto liquidations increased 37% and totaled $363m, with almost 66% of them long positions. ETH positions made up almost 34% of all liquidated positions.
- U.S. spot Bitcoin ETFs recorded $408.59 million in net inflows on June 16, the highest daily total since June 10. BlackRock’s IBIT led with $266.60 million, pushing its cumulative inflows to $50.03 billion and total assets to $73.25 billion. Fidelity’s FBTC followed with $82.96 million, while Bitwise’s BITB added $41.38 million. Grayscale’s GBTC saw $12.84 million in inflows, holding $20.15 billion in assets despite its 1.5% fee. Total trading volume across the 12 ETFs reached $3.12 billion, and net assets rose to $132.34 billion.
- U.S. spot Ether ETFs saw $21.39 million in net inflows on June 16, rebounding from Friday’s slight outflow of $2.18 million. BlackRock’s ETHA led with $16.08 million, pushing its cumulative inflows to $5.25 billion and total assets to $4.40 billion. Fidelity’s FETH added $5.31 million, while all other ETFs recorded no flows. Total trading volume reached $428.65 million, and combined net assets across the ETFs rose to $10.56 billion.
- % of them long positions. ETH positions made up 33% of all liquidated positions.
- U.S. spot Bitcoin ETFs added $164.57 million in net inflows on June 11, a decrease of more than 60% compared to the $431 million net inflow recorded the previous day. BlackRock’s IBIT led with $131.01 million, pushing its cumulative inflows to $49.24 billion and total assets to $72.55 billion. VanEck’s HODL followed with $15.39 million, while Fidelity’s FBTC added $11.87 million. Total trading volume across the 12 ETFs was $2.41 billion, with net assets across the group standing at $131.85 billion. Grayscale’s GBTC again saw no flows, though it still holds $20.14 billion in assets, maintaining its outsized fee of 1.5%.
- U.S. spot Ethereum ETFs brought in $240.29 million in net inflows on June 11, almost double the prior day’s inflows. BlackRock’s ETHA led with $163.64 million, pushing its net assets above $4.5 billion. Fidelity’s FETH added $37.28 million, followed by Grayscale’s ETH with $19.61 million. Total assets across all nine funds rose to $11.05 billion (3.25% of ETH’s market cap), with daily trading volume reaching $831 million. ETH ETF momentum continues to build.
- Cointelegraph has partnered with blockchain analytics firm Nansen to integrate real-time onchain data into its reporting, aiming to enhance crypto journalism with deeper insights into DeFi, Web3, and market trends. The collaboration gives Cointelegraph’s newsroom access to Nansen’s AI-powered analytics and labeled wallet data, enabling more transparent and data-driven coverage for millions of global readers.
- Trump’s social media platform, Truth Social, has filed an S-1 form with the US Securities and Exchange Commission to launch a dual exchange-traded fund (ETF) for Bitcoin and Ether backed by assets held by Crypto.com.
- Truth Social’s Bitcoin and Ether ETF filing arrived on the same day as a new S-1 filing by CoinShares for a Solana spot ETF.
- Bitget has partnered with UNICEF Luxembourg in a three-year initiative to empower girls in eight countries with science, technology, engineering, and math skills, aiming to bridge the STEM education gap and promote gender equality.
- Strategy (MSTR) reported in a filing to the Securities and Exchange Commission on Monday that it purchased another $1.05 billion worth of bitcoin.
- Tether blocked over $12.3m in USDT due to suspected illicit activity or anti-money laundering violations, tied to suspicious Tron addresses.
- Hong Kong tech investment firm MemeStrategy has added Solana to its balance sheet and will stake Solana tokens to support network security and earn rewards. Shares soared 28.5% after it become the first publicly listed company in Hong Kong to invest in Solana by buying 2,440 coins.
- According to a report on Monday from Bitcoin mining research firm TheMinerMag, the median cost of mining a single bitcoin, which was $52,000 in the fourth quarter, increased by 23% in the first quarter and rose again in the second quarter, reflecting a notable surge in the economics of bitcoin mining over recent months.
- Affluent is launching a service that allows users to earn interest by depositing assets with a single click via Telegram.
- El Salvador has added 240 Bitcoin to its treasury since signing a $1.4 billion loan agreement with the IMF in December 2024, despite the deal’s provisions discouraging further accumulation. The country, which now holds 6,209 BTC, continues its daily “one Bitcoin a day” purchase strategy launched by President Bukele.
- Gemini is set to receive approval from Malta for an EU licenses under MiCA, while Coinbase is expected to get the green light from Luxembourg, according to Reuters, marking a significant regulatory milestone for both cryptocurrency companies in their European expansion efforts.
