Crypto

[Summary] BlackRock’s IBIT and Fidelity’s FBTC are attracting the vast majority of new bitcoin ETF money, leaving smaller funds increasingly sidelined as institutional investors consolidate around the industry' Details BlackRock’s IBIT and Fidelity’s FBTC are attracting the vast majority of new bitcoin ETF money, leaving smaller funds increasingly sidelined as institutional investors consolidate around the industry’s largest players. Source: CoinDesk Link: https://www.coindesk.com/markets/2026/06/10/blackrock-and-fidelity-are-quietly-turning-bitcoin-etfs-into-a-two-firm-market Perspective From the perspective of the crypto ecosystem, digital assets are gradually transitioning from fringe investments to mainstream financial instruments. The maturation of regulatory frameworks, institutional capital inflows, and technological innovation are laying the groundwork for a more standardized industry. However, market volatility and regulatory uncertainty remain key risk factors. Going forward, compliance will be the dominant theme, and projects that balance innovation with regulatory adherence are more likely to achieve long-term success. ...

Robinhood has completed its $180 million acquisition of Canadian crypto platform WonderFi, officially entering the Canadian market. Users of WonderFi’s Bitbuy and Coinsquare platforms will be invited to transition to the Robinhood app.

Bitcoin has slid toward the $70,000 mark as concerns over major holder sales and geopolitical risks weigh on the cryptocurrency market. TheBlock reports that Strategy (formerly MicroStrategy) sold a portion of its Bitcoin holdings. While analysts described the sale as relatively modest in size, it sent a bearish signal across the broader crypto market. Compounding the pressure, ongoing geopolitical tensions in the Middle East have weighed on risk assets broadly. Analysts noted that investors are reassessing their crypto exposure amid heightened uncertainty. ...

The US Commodity Futures Trading Commission (CFTC) has approved the first cryptocurrency perpetual futures contracts, with Kalshi and Coinbase receiving authorization to list them. This marks a significant milestone for US crypto derivatives markets, providing institutional investors with additional hedging tools.

China’s Supreme People’s Court will develop judicial guidance for crypto-related cases amid rising legal disputes.

[Flash] Bitcoin Holds Above $77,000 as Oil Slide Lifts Asian Equities and Risk Appetite Bitcoin traded above $77,000 on Monday, CoinDesk reported. Asian equities rose broadly following a roughly 5% drop in oil prices, which boosted risk appetite across global markets. In a separate development, Nasdaq announced plans to launch Bitcoin options trading, marking another milestone in the mainstream financial system’s adoption of crypto assets. The move is expected to give institutional investors more regulated instruments for crypto portfolio allocation. ...

Blockchain.com Files for U.S. IPO Crypto financial services firm Blockchain.com has confidentially filed an S-1 registration statement with the U.S. Securities and Exchange Commission, formally exploring a public listing. The company becomes the latest major crypto firm to seek a public market debut, following Circle, Gemini, and BitGo. Founded in 2011, Blockchain.com is one of the earliest cryptocurrency wallet service providers in the world. The company’s product portfolio spans a crypto wallet, exchange, institutional lending platform, and NFT marketplace, with users across more than 100 countries and regions. ...

Summary: The global stablecoin supply has surpassed $300 billion, but growth is stalling as Tether gains market share at the expense of bank-issued and GENIUS Act-compliant competitors.

Summary: The SEC proposes its largest overhaul of public listing rules in over 20 years, allowing newly public companies to raise capital instantly and cutting compliance costs, with implications for crypto firms seeking easier market access.

Summary: Crypto infrastructure provider Zerohash is pursuing new funding at a valuation above $1.5 billion, after Mastercard dropped its investment plans, as Wall Street deepens its push into digital assets.