June 1: ETF Outflows Hit $2.97B

June 1: ETF Outflows Hit $2.97B

Author: Matt Diemer June 1, 2026 Duration: 10:38
Daily Crypto News
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Brief Summary:

  • Bitcoin opened June weak, trading around $72K and briefly dipping below $72,000.
  • U.S. spot Bitcoin ETFs have now seen a record 10 straight days of net outflows, totaling $2.97 billion.
  • Strategy disclosed the sale of 32 Bitcoin for about $2.5 million between May 26 and May 31, its first disclosed BTC disposal.
  • Strategy still holds 843,706 Bitcoin at an average purchase price of $75,699.
  • The proceeds from Strategy’s sale are earmarked for preferred-stock distributions, raising questions about how its capital structure interacts with its Bitcoin strategy.
  • Ethereum is trading around $2,000 while broader crypto remains under pressure.
  • XLM surged more than 40% after DTCC selected Stellar for a tokenized securities platform rollout.
  • DTCC oversees more than $114 trillion in assets and processes about $2.5 quadrillion in securities transactions annually.
  • HYPE remains one of the few relative-strength tokens, supported by demand for newly introduced HYPE-based ETFs.
  • Binance launched U.S. stock and ETF trading, giving users access to more than 7,000 securities and fractional shares starting at $5.
  • Citi projects tokenized securities could reach $5.5 trillion by 2030, with a bull case of $8.2 trillion.
  • GENIUS Act stablecoin comment periods begin closing June 2, moving stablecoin rules from legislation into implementation.
  • The Senate floor window reopens June 3 for another push on the Clarity Act and related crypto market-structure provisions.
  • Sui suffered three mainnet halts in 48 hours due to upgrade-related bugs, though no user funds were lost.
  • Aave is overhauling listing standards after the $230 million rsETH exploit exposed bridge and off-chain infrastructure risk.
  • A whitehat researcher unlocked about $2 million in ETH trapped in a failed 2016 HongCoin ICO contract.
  • The SEC sued a Texas man over an alleged $12.3 million fake AI crypto bot scheme.
  • Friday’s U.S. jobs report is the key macro event this week, with nonfarm payrolls expected around 96,000 and unemployment at 4.3%.


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Matt Diemer brings you the essential updates from the fast-moving world of digital assets with Daily Crypto News. Each episode is crafted to fit into your morning routine or commute, delivering a concise yet comprehensive overview in about twenty minutes. You'll hear clear explanations of major market movements, breaking regulatory developments, and significant technological shifts, all framed with a focus on practical insight for anyone following this space. The tone is straightforward and informed, cutting through the hype to highlight what actually matters for investors and the curious alike. By focusing on brevity and clarity, this podcast serves as an efficient daily briefing, ensuring you stay informed without getting overwhelmed by the constant noise. Tune in for a no-nonsense summary that connects the dots between market events, business implications, and the underlying technology, making the complex landscape of cryptocurrency more accessible one day at a time.
Author: Language: English Episodes: 100

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Podcast Episodes
June 4: BITCOIN HITS EXTREME FEAR AS THE CRYPTO WINTER DEEPENS [not-audio_url] [/not-audio_url]

Duration: 8:17
Matt opened the show with a simple message: if you're a long-term holder, this is probably the time to close CoinMarketCap, shut down the computer, and go enjoy your life. Bitcoin briefly touched roughly $61,500 after tr…
June 3: Iran Sanctions, and Crypto Treasury Weakness Drive [not-audio_url] [/not-audio_url]

Duration: 19:41
Brief Summary:Bitcoin briefly fell below $66K this morning before rebounding toward roughly $66,800.Ethereum fell below $1,900, confirming weakness after losing the $2,000 level earlier this week.Bitcoin is down nearly 1…
June 2: Strategy Fallout, Mt. Gox Transfers [not-audio_url] [/not-audio_url]

Duration: 6:49
Brief Summary:Bitcoin fell below $70K this morning, trading near $69,400 after hitting a seven-week low area.Ethereum is holding near $1,975, still struggling around the $2,000 psychological level.About $744 million in c…
CRAIG COBB: BITCOIN’S BEARISH TREND IS STILL INTACT [not-audio_url] [/not-audio_url]

Duration: 10:40
Craig Cobb says the market continues to look overwhelmingly bearish, and from his perspective, the recent price action has only reinforced that view. While many investors disappear when prices fall, Craig says these are…
May 29: ETF Outflows Hit a Record Streak [not-audio_url] [/not-audio_url]

Duration: 10:27
Brief SummaryBitcoin is trading around $73K this morning after yesterday’s geopolitical and ETF-driven selloff.Ethereum is hovering near $2,000 after recently breaking below that level for the first time since late March…
May 26: Strategy Pays Down Debt, and Stablecoin Risks Resurface [not-audio_url] [/not-audio_url]

Duration: 15:40
Brief SummaryBitcoin is trading near $77K this morning, but the market still looks defensive after a 7% two-week decline.Ethereum remains weaker than Bitcoin, trading around $2,100 and down more than 10% over the past tw…
Craig Cobb Warns: Bitcoin At A Critical Level [not-audio_url] [/not-audio_url]

Duration: 9:25
Craig Cobb says Bitcoin is approaching a critical moment after last week’s sharp volatility tested one of the most important support zones on the chart. The recent selloff bounced almost perfectly off the old $74,000 bre…

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