Bitcoin ETF outflows are accelerating:
US Bitcoin ETFs have posted -$2.1 billion in outflows so far in June, on pace to exceed -$2.4 billion in outflows recorded in May.
This has been driven by the largest spot Bitcoin ETF, $IBIT, which saw -$401.4 million in outflows this week, the 5th consecutive weekly outflow and the longest streak since October 2025.
During this outflow stretch, $IBIT has recorded -$4.2 billion in cumulative withdrawals.
Year-to-date, $IBIT has recorded -$412.4 million in net outflows, a reversal from 2 consecutive years of massive inflows.
In 2024 and 2025, this fund attracted +$36.8 billion and +$24.8 billion, respectively.
Crypto investor sentiment remains under pressure.
$ETH has only done this once before.
For the first time in 10 years, ETH/BTC is about to close 9 consecutive weeks in red.
How the hell this keep on getting worse?
Why tokenized RWAs need Chainlink to unlock utility explained by @ChainLinkGod
“I think tokenized assets is going to be the next megatrend of our industry. You have just unbelievable trillions amount of dollars to come onchain”
“But I think when you think of why do you want to bring equities and stocks and bonds onchain, just bringing the asset onchain and then the asset just sits there is not that useful”
“It's useful when you can actually do things with those assets, for example, putting them into an Aave Horizon market and being able to borrow stablecoins or using it as collateral in a perps position and doing a delta neutral trade”
“It's interesting when you can do things with it. And I think what Chainlink does, the service it provides to asset issuers, is utility”
“It does that for stablecoins, it does that for governance tokens and utility tokens”
“But it can do that and it is doing that for tokenized assets as well… you have the proof reserves and the NAV data and all other necessary data”
“In order to make that useful, you need to be able to list it on Aave Horizon, you need to list it as a perps market, you need more data, you need more integration and Chainlink is kind of this facilitator connecting the assets to the applications and providing more utility”
Top 20 Trending Coins on CoinGecko 🦎
This week, $BTC (@Bitcoin) leads the pack, followed by $PENGU (@PudgyPenguins), and $MON (@Monad).
Are you keeping an eye on these?
https://t.co/wR2b6z6Cbz
LATEST: 📊 Stablecoin transaction volume could approach $1.5 quadrillion annually by 2035, fueled by a $100 trillion generational wealth transfer and merchant adoption, according to Chainalysis.