Japan’s Bank of Japan is expected to lift rates to 1% on 16 June, with the U.S. Federal Reserve meeting set for 17 June, putting two key policy decisions within a 24-hour window. Separately, SBI Shinsei Bank plans to let customers convert part of their deposit interest into Ripple’s XRP from 10 June. The move could create a recurring demand channel in a banking system holding about $8.6 trillion in deposits, even as crypto’s $2.15 trillion market cap still trails the S&P 500 above 7,400.

Bitmine increased its Ethereum position by 126,971 ETH over the past week, taking total holdings to 5.54 million ETH and reporting $9.6 billion in crypto and cash, including $247 million in cash. In early June, ETH exchange reserves across Binance, OKX, Gemini and Bitfinex fell by about 475,000 ETH. ETH was trading near $1,682 at press time, with indicators suggesting sellers still had the upper hand despite oversold signals.

Digital asset investment funds opened June under renewed selling pressure, marking a third consecutive week of withdrawals totaling $1.67 billion. Bitcoin accounted for $1.43 billion of the outflows, while Ethereum saw $257 million exit related products. Three-week outflows have now reached $4.21 billion as broader risk concerns weighed on sentiment.

The stablecoin market is estimated at about $318B-$322B, a scale described as larger than the official FX reserves of 95 countries. Hyperliquid L1 holds $6.79B in stablecoins, including $1.04B added over seven days, with USDC representing 95.3% of supply. Total tokenized asset value is cited at roughly $350.6B, led by stablecoins at $308.6B alongside tokenized funds ($32.9B), commodities ($7.4B), and stocks (over $1.7B).

Bitcoin has been declared "dead" 472 times since 2011, spanning market cycles from prices near $0.11 to above $117,000. While BTC was around $74,773 at press time (down about 1.39%), trading activity has been increasing in smaller altcoins outside the top five assets, suggesting some rotation during a slower market.

Ethereum holders are increasingly moving ETH into staking, with the staked share rising to a record 32.4%. Exchange-held ETH has also dropped sharply from above 33 million ETH in 2021 to about 14.9 million ETH, leaving a smaller portion readily available for trading.

Ethereum has lagged Bitcoin in 2026, with the ETH/BTC pair down close to 20% year-to-date, a sign the market remains tilted toward BTC. Bitcoin dominance was about 60.6% at the time of writing, while both Bitcoin and Ethereum spot ETFs posted weekly net outflows of roughly $1.26 billion and $216 million, respectively.

Tether has filed seven trademark applications in South Korea's KIPRIS database, including KRWT and WONTETHER, prompting market speculation about a KRW-linked stablecoin. The filings sit under Classification 09 and also include marks tied to XAUT, QVAC, USDT0, USAT, and Tether's shield logo, while the company has not confirmed any launch plans. Separately, Tether International took full control of Twenty One Capital after buying SoftBank Group's stake; the firm holds more than 43,500 BTC (around $4 billion), and the deal value was not disclosed.

Ethereum’s active RWA market share declined from 93.4% at the start of 2025 to 61.1% by the end of Q1 2026, even as it remains the largest chain by RWA market cap at about $18.7 billion. The shift coincides with more tokenized-asset activity spreading to other networks and with the Ethereum Foundation signaling plans to reduce its relative influence over time.