Crypto Funds Shed $1.07 Billion, Ending Six-Week Inflow Streak
Crypto ETPs recorded $1.07B in outflows last week, the third-largest of 2026. BTC lost $982M, ETH $249M. XRP and SOL bucked the trend with inflows.
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Bitcoin Depot Files Chapter 11: 9,000 ATMs Offline, BTM Stock Down 71%
Bitcoin Depot filed Chapter 11 in Texas, shut down 9,000 ATMs. BTM shares crashed 71%. CEO cited unsustainable regulatory pressure on the crypto ATM model.
Grayscale and VanEck Amend BNB ETF Filings: Is US Spot Approval Getting Close?
Grayscale filed its second S-1 amendment for GBNB, VanEck its fifth for VBNB. Bloomberg Seyffart says BNB could become the next approved spot ETF in the US.
SpaceX Pre-IPO Hits Hyperliquid: HYPE Up 7%
Trade.xyz launched the first SpaceX pre-IPO perp on Hyperliquid at a $1.78T reference valuation. HYPE rallied 7% while Bitcoin dropped to $76,700.
Saylor Signals New Bitcoin Buy as Strategy Pushes STRC Dividend Vote
Michael Saylor posted his traditional BTC purchase signal on May 17. Strategy also launched a campaign urging retail STRC shareholders to vote before June 8.
Bitcoin Below $79K: BTC Trades Like a Risk Asset, Not Like Gold
Bitcoin fell below $79K on macro fears. BTC is closely tracking the Russell 2000 index, not gold. Iran uncertainty, Beijing summit and Treasury yields weigh.
SBI, Rakuten and Nomura Launch Crypto Investment Trusts in Japan
SBI Securities, Rakuten, and Nomura are racing to bring crypto investment trusts to Japan's retail market. FSA targets 2028 for regulatory approval.
Intesa Sanpaolo Doubles Crypto Holdings to $235M: First ETH and XRP Purchases
Italy's largest bank grew crypto holdings from $100M to $235M in Q1 2026. First-ever Ethereum and XRP buys. Solana position nearly eliminated.
Strategy to Repurchase $1.5B in Notes: Saylor Floats Bitcoin Sale Option
Strategy filed to repurchase $1.5B in 2029 convertible notes. Saylor hinted the company may sell Bitcoin from its 818,869 BTC portfolio if needed.