On June 3, Coinbase introduced a new "pre-IPO perpetual future" tied to SpaceX, letting eligible users outside the U.S. trade exposure to the company's implied valuation via a USDC-settled perpetual contract. Kraken is also taking registrations for potential tokenized SpaceX shares through xStocks in more than 110 countries, while Bybit says its IPO Express will offer tokenized SpaceX access at IPO pricing through an xStocks partnership.

Global technology stocks sold off on Monday, wiping out weeks of gains as investors reduced exposure to AI-linked equities amid higher US rate-hike odds and fresh Middle East tensions. South Korea's KOSPI fell 8.3% with circuit breakers triggered twice, while Japan's Nikkei 225 slipped nearly 4% after the Nasdaq Composite dropped 4.2% on Friday. The move followed stronger US jobs data that pushed the two-year Treasury yield up more than 11 basis points and came alongside a cautious forward view from Broadcom.

On June 8, South Korea's KOSPI slid 8.44% to 7,477, prompting the Korea Exchange to trigger a Level 1 circuit breaker and pause trading for 20 minutes at 9:03 a.m. local time. The selloff hit chip heavyweights Samsung Electronics and SK Hynix, which each fell about 10% intraday, while broader risk assets—including bitcoin—also faced pressure amid rate-hike concerns and geopolitical tensions.

Investor sentiment sank into "extreme fear" after the Crypto Fear & Greed Index printed 12 on June 6, 2026 and slipped from 13 a day earlier. Bitcoin traded near $61,100 that day, while US spot Bitcoin ETFs saw roughly $4.4 billion in net outflows across a record 13-day streak from May 15 to June 3. The broader market also weakened, with total crypto market value down about $110 billion over a 24-hour window.

USAA said eligible Florida members will receive nearly $1 billion in combined savings and returns, including a $500 million dividend, with payments expected to begin June 15. The insurer tied the move to Florida's tort and civil litigation reforms and said easing legal costs have created room for rate cuts, dividends and rebates.

Zealand Pharma shares fell as much as 26% on Monday after late-stage results for its experimental obesity drug survodutide highlighted side-effect concerns. The company said the trial met its main goals, but 19% of patients discontinued due to gastrointestinal events versus 2.9% on placebo, with more than 40% reporting vomiting.

On June 8, Bitwise Asset Management CEO Hunter Horsley urged crypto investors to look beyond short-term price swings and judge projects by fundamentals such as adoption and execution. He said the message matters as Bitcoin trades around $62,800 and crypto has lagged the AI-led equity rally, including a Nasdaq-100 gain of 43%. Bitwise also highlighted that regulation, including the proposed CLARITY Act, remains a key variable for broader institutional participation.

U.S. Senator Cynthia Lummis is urging the Senate to bring the Digital Asset Market Clarity Act to a full floor vote after it cleared committee. The bill previously passed the U.S. House of Representatives last July and advanced through the Senate Banking Committee on May 16, but still faces procedural and vote-count hurdles.