On Thursday, June 11, U.S. bitcoin spot ETFs logged $19.03 million in net outflows for a fifth straight session, even as Blackrock's IBIT took in $30.26 million and Morgan Stanley's MSBT added $2.19 million. Ether ETFs also stayed negative, recording $15.89 million in outflows for a third consecutive day, while HYPE ETFs gained $622,020 and solana ETFs slid back to $4.38 million in net redemptions.

On Wednesday, June 10, crypto ETF flows were mixed as bitcoin and ether ETFs recorded net outflows totaling $249.44 million. Bitcoin ETFs saw $213.85 million leave, while ether ETFs lost $35.59 million, even as HYPE ETFs took in $2.78 million and XRP ETFs added $1.19 million. Solana ETFs reported no trading activity for the session.

Dragonfly general partner Rob Hadick said stablecoins could grow 10x as payments adoption accelerates. He argued the next wave of value creation will shift from reserve-yield economics toward distribution, compliance, and payment rails, with USDT and USDC likely facing stronger competition from banks and fintechs.

CME Group began trading Nasdaq CME Crypto Index futures on June 9, introducing a regulated product designed to provide broad crypto exposure. The cash-settled contracts reference a Nasdaq-CME benchmark that includes eight assets such as bitcoin, ether, solana and XRP, allowing investors to hedge diversified positions without holding the tokens directly.

Wintermute said bitcoin’s slide below $62,000 was driven mainly by U.S. institutional selling and spot ETF redemptions, rather than Strategy’s 32 BTC sale. The firm noted U.S. spot Bitcoin ETFs posted 10 consecutive sessions of outflows from May 15 to May 29 totaling about $2.97B, and said a market bottom remains unconfirmed without renewed inflows.

MetaMask has introduced Agent Wallet, a self-custodial product that allows AI agents to execute DeFi trades while users retain control through required checks and policy limits. The wallet includes transaction simulation, threat scanning, MEV protection, and loss coverage of up to $10,000 for eligible transactions. It launches with support for nine chains and is currently available via a CLI for a limited early-access group, with broader availability expected this summer.

Morgan Stanley Wealth Management has created a referral arrangement with Galaxy Digital that allows eligible clients to lend BTC, ETH, or SOL and, where feasible, receive spot crypto ETP shares. Galaxy lowered the minimum lending transaction size for Morgan Stanley-referred clients from $25 million to $5 million, while Morgan Stanley said onboarding time could drop by up to 75% versus similar transactions that can take more than four weeks.

Hut 8 priced $4.25 billion of 6.129% senior secured notes due 2042 to finance its Beacon Point AI data center development in Nueces County, Texas. The planned campus is designed for 352MW of critical IT capacity across six data halls, and Hut 8 said it will be leased to a tenant rated AA- or higher. The offering is set to close on June 9, 2026, with interest beginning Nov. 30, 2026 and amortization starting May 30, 2030.

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.