Stocks

CryptoQuant reported that traditional-finance perpetual futures tied to assets such as gold, silver, and oil are gaining traction on crypto exchanges, led by Gate and Binance. Gate recorded $368 billion in TradFi perp volume and Binance logged $298 billion, together making up roughly two-thirds of the year-to-date total. Meanwhile, centralized-exchange spot volume fell to $679 billion in April 2026, the lowest level since October 2023, alongside weaker perpetuals activity.

Bitmine has filed to publicly offer 3 million shares of 9.50% Series A Perpetual Preferred Stock, with proceeds earmarked for corporate needs including additional ETH purchases and staking infrastructure. The preferred shares pay a fixed 9.50% annual dividend on a $100 stated value, with missed payments triggering weekly compounding and a rate step-up capped at 15%. Bitmine has also applied to list the shares on the NYSE under "BMNP," with trading expected to start within 30 days of the initial issuance if approved.

Michael Saylor shared another "Bitcoin tracker" update that market observers interpret as a possible signal of a forthcoming MicroStrategy Bitcoin purchase. The chart indicates the company held 843,706 BTC as of June 7 across 110 transactions, with an average cost of about $75,701 per BTC and an estimated value near $52.2 billion.

Spot Bitcoin ETFs saw their heaviest weekly net outflow on record, with $1.72 billion pulled during the latest trading week. Over the same period, Bitcoin slid from around $73,000 to as low as $59,100, while total net inflows across the ETFs fell from $59.34 billion to $53.94 billion over four weeks.

On 7 June 2026 at 11:02, Robert Kiyosaki said on the Rich Dad Radio Show that institutions have already shifted from resisting crypto to building ways to use and control it. He argued Bitcoin "proved the idea," but stablecoins are the bigger infrastructure play because their reserves often sit in U.S. Treasury bonds, making issuers indirect buyers of government debt.

Leopold Aschenbrenner expanded Situational Awareness LP from $255M to $13.7B over six quarters, with Q1 2026 showing the largest step-up. The filing shows a new $8.5B put-options overlay led by a $2.04B SMH put and additional puts on names including NVDA and AMD, while several long positions in AI-power and crypto-mining themes were increased.

7RCC Global has launched BTCK, a listed ETF that began trading on NYSE Arca and combines about 80% exposure to bitcoin with 20% exposure to regulated carbon credit futures. The product tracks the 7RCC Kaiko Bitcoin Carbon Credit Index and uses futures linked to the EU ETS, California Cap-and-Trade, and RGGI while Gemini custodies the fund's bitcoin.

Bitcoin’s sharp weekly drop has sparked a rotation debate, with some market participants arguing that liquid BTC positions are being sold to raise cash for SpaceX and possible IPOs from OpenAI and Anthropic. The discussion also highlights bitcoin ETF outflows and Strategy Inc.’s 32 BTC sale for about $2.5 million as factors that may have amplified liquidity pressure. SpaceX is described as seeking to raise up to $75 billion, with shares expected to price on June 11 and begin public trading on June 12.

U.S. spot bitcoin ETFs posted $326 million in net outflows on June 5, while U.S. spot ether ETFs recorded $5.97 million in net outflows. The reversal came one day after both ETF categories briefly ended extended redemption streaks, as bitcoin traded down to around $59,000 and ether slid toward $1,500.

Huasheng Securities told clients that from June 15 (Beijing time), mainland China accounts will be blocked from opening new positions, making new purchases, or adding funds and securities to the platform. Existing users can still close current holdings and withdraw money, but cannot make fresh investments. The move follows the CSRC's May 22 action against Futu, Tiger Brokers, and Longbridge, including total penalties of 2.2 billion yuan ($324 million).