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In the past week, global crypto ETFs recorded net outflows for two consecutive weeks, with a cumulative outflow of $2.54 billion. Against the backdrop of adjustments in macro interest rate expectations, institutional risk appetite has contracted, but traditional financial assets such as stocks still maintain strong attractiveness.Data shows that the Gate TradFi Perp market exhibits significant asset rotation characteristics, with metals remaining the main trading sector, and daily trading volume once approaching $550 million to $600 million; meanwhile, the trading volume share of stock contracts continues to rise, indicating that the market's demand for allocation in U.S. stock-related assets is increasing. In the context of continued activity in AI tech stocks and U.S. stock indices nearing historical highs, TradFi Perp is gradually evolving from a single gold trading market to a dual-core structure of "gold + U.S. stocks."As institutional funds accelerate their allocation to stocks, ETFs, and other TradFi assets, Gate continues to promote the integration of TradFi assets and the construction of a multi-asset trading ecosystem, continuously strengthening its capability to provide institutional-level global asset allocation services, offering professional investors a more efficient one-stop cross-market trading solution.

Plume has partnered with the Ethereum liquid staking protocol ether.fi to launch a new RWA yield vault, providing ether.fi users with opportunities to earn tokenized returns on real-world assets. Plume stated that ether.fi has exclusively allocated $100 million to this vault, sourced from its liquidity provider base, as well as managed capital from existing yield products such as liquid ETH, liquid USD, and liquid BTC.A representative from ether.fi mentioned that there is strong market demand for yield products with institutional-level risk control and lower DeFi exposure. The vault will be directly integrated into the ether.fi application, allowing users to access previously more institutionally-focused RWA yields in a familiar interface. Plume noted that as DeFi volatility and security risks increase, users are turning to more stable on-chain yield sources.

The cryptocurrency trading platform SuperEx announced that it will officially launch the HPEUSDT, NOWUSDT, and CRMUSDT U-based perpetual contract trading pairs on June 4 at 11:00 Beijing time (03:00 UTC).It is reported that the newly launched contract trading pairs support full margin, cross margin, and split margin modes, and users can experience trading through SuperEx's web and app platforms.

According to token unlocking data from the Crypto asset data platform RootData, Moca Network (MOCA) will unlock approximately 27.58 million tokens at 0:00 Beijing time on June 11, worth about 2.97 million USD.

The Tether AI research team announced the open-source release of the TurboQuant production version and its integration into the QVAC SDK 0.12.0.TurboQuant is based on a memory compression algorithm from Google Research, which can compress the KV cache of AI runtime by up to 5 times while maintaining output quality close to that of uncompressed models.This means that laptops, mobile phones, and edge devices can handle longer conversations, larger files, and more complex tasks without the need to upload data to the cloud.This open-source release includes a complete quantization pipeline, mainstream inference framework adapters, and developer documentation, aimed at developers and startups deploying AI on consumer-grade hardware, edge devices, and peer-to-peer networks.

ProCap Financial BRR, owned by Anthony Pompliano, has sold 52 BTC to repurchase 2 million shares of common stock at a 50% discount to net asset value.ProCap currently holds a total of 5,405 BTC, ranking 19th in Bitcoin 100.

Bit Digital, a Nasdaq-listed company, CEO Sam Tabar posted on X that he has bought more ETH.Sam Tabar explained, "Many people, after seeing ETH's price performance over the past two years, concluded that it is finished. But I believe they have identified the wrong catalyst. The repricing of ETH should never have been based on retail narratives. For an asset supported by such a vast infrastructure, that narrative is inherently too fragile. The real catalyst is institutional demand. And the rhythm of institutional demand never operates according to the emotions on social media. It only occurs when conditions are ripe, such as when the compliance framework is ready, the custody system is established, and the regulatory environment is stable enough for CFOs to sign off. That moment is actually closer than what the market price reflects."He added, "I hold ETH because I have a fiduciary obligation to make smart capital allocation decisions. And based on the price at which I bought, ETH meets that standard."

According to the official website of the U.S. Securities and Exchange Commission (SEC), SEC Commissioner Hester M. Peirce delivered a speech at the "Regulating the PETshop Series" seminar at Georgetown University Law Center, calling for the inclusion of Privacy-Enhancing Technologies (PETs) in the financial regulatory framework.She criticized the current regulatory approach for being overly inclined towards government surveillance, arguing that technology should serve to protect personal privacy rather than expand the scope of surveillance, and pointed out that blockchain public wallet addresses can reduce the risk of personal information leakage for investors while meeting compliance requirements.Peirce also invited technology teams that can minimize personal information collection while meeting KYC and anti-money laundering regulatory requirements to actively collaborate with the SEC's Crypto Task Force.

OpenAI CEO Sam Altman said on Tuesday that the rapid development and application of artificial intelligence will not lead to a global "job apocalypse," and that this technology has not taken away as many white-collar jobs as he previously feared. He stated that when OpenAI launched ChatGPT in 2022, the company's predictions about the development of technology were "basically correct," but their judgments about the social and economic impacts were "quite wrong.""I am glad that I misjudged this matter; I originally thought that by now, the elimination of junior white-collar jobs would be more severe than it actually is. Now I feel I understand better why that hasn't happened, and I am obviously relieved about it." An increasing number of global companies have announced that some positions within their organizations are being replaced by artificial intelligence. Altman noted that he realizes that despite AI playing an increasingly positive role in many industries and positions, there remains an irreplaceable "human aspect" in employment, and much of the interpersonal interaction required for many jobs will not be replaced by AI.

According to Livecoins, a survey jointly released by Mercado Bitcoin and Opinion Box shows that cryptocurrency has entered the investment portfolios of 16% of investors in Brazil, while another 56% of respondents who have never invested in crypto assets expressed intentions to enter the market in the future.The survey states that digital assets are more often seen as tools for diversifying asset allocation rather than as replacements for traditional investments. Meanwhile, 61% of Brazilian respondents believe that a drop in Bitcoin is a buying opportunity, with this percentage rising to 79% among investors who already hold crypto assets. However, the market's popularity still faces obstacles, with 62% of respondents indicating difficulty in understanding the specialized terminology of the crypto field, 76% believing the market is too complex, and 55% considering regulatory oversight of platforms as the primary factor in choosing a crypto asset investment platform.

Analysis suggests that the rise in U.S. Treasury yields and bond yields in major global economies is weakening the market's willingness to allocate to high-risk, non-yielding assets like Bitcoin. At the same time, influenced by the situation in Iran, concerns about potential supply risks in the Strait of Hormuz are heating up, and some speculative funds are flowing into the commodities market for crude oil, copper, and sulfur.Market data shows that Bitcoin has dropped over 3% in the past 24 hours, retreating about 10% from its peak of approximately $82,500 on May 6. As the market declines, U.S. spot Bitcoin ETFs continue to experience outflows. This week, U.S.-listed spot Bitcoin ETFs saw a net outflow of about $1.26 billion, marking the largest single-week outflow since January of this year, with the previous week also seeing outflows close to $1 billion, bringing the total net outflow over the past two weeks to more than $2.26 billion. Additionally, there are views that funds may be shifting towards potential IPO-related trades for SpaceX, with the trading volume of some blockchain-based SpaceX IPO pre-market derivatives already reaching millions of dollars.

According to The Block, former Ethereum Foundation researcher Dankrad Feist posted on the X platform, proposing the establishment of a new organization aligned with the Ethereum economy to "save" Ethereum. He believes that the Ethereum Foundation currently holds less than 0.1% of ETH, with no staking or fee income flowing in, so the new organization needs to raise at least $1 billion in funding, managed by competent leaders, with part of the funds coming from staking income, and driven by a more responsible board to boost Ethereum's price.Feist left the foundation last year to join Layer 1 network Tempo. He co-created the Danksharding shard design in the Ethereum community to enhance Layer 2 scalability, was appointed as a strategic advisor in areas such as L1 scaling and user experience during the restructuring of the foundation's leadership, and proposed EIP-9698, which would increase the Gas limit by 100 times.

OneBullEx's Brazil head Yonn Weigl represented the platform at a Web3 career opportunities event held at the University of São Paulo (USP). The event was organized by Blockchain on the Road and supported by USP's student blockchain organization Polichain, focusing on Web3 career paths, emerging skill demands, and opportunities in Brazil and the Latin American region. USP is one of the representative top universities in Brazil and Latin America, while Polichain is an important student organization that connects students on campus with blockchain research, technology discussions, and industry opportunities.During the event, OneBullEx delivered a 20-minute keynote speech. Yonn gave a speech in Portuguese titled "IA opera. Humanos decidem. E você, onde quer estar?" (AI operates. Humans decide. And you, where do you want to be?), sharing insights on AI automation execution, human judgment, Web3 career choices, and the evolution of trading infrastructure. He stated that AI is responsible for execution, humans are responsible for decision-making, and the real difference lies in who can choose their position before the market makes choices for them.In the subsequent roundtable discussion, Yonn exchanged ideas with representatives from Ripple, Banco Inter, Chiliz, Oxus Finance, Biobots, and the USP academic research community, covering topics such as Web3 career opportunities, stablecoin payments, digital financial infrastructure, AI applications, and market growth.OneBullEx also introduced its product layout around AI-driven contract trading infrastructure during the event, including the automated strategy execution market 300 SPARTANS and the AI strategy generation platform OneALPHA. OneBullEx stated that Brazil is not only an important user market but also has long-term potential for talent and ecosystem co-construction. In the future, the platform will continue to focus on AI-driven trading infrastructure, regional ecological cooperation, and local talent connections, actively participating in the development of the Web3 market in Brazil.

Galaxy Digital announced that it has obtained the BitLicense and money transmitter license approved by the New York State Department of Financial Services, allowing it to provide digital asset services in New York State.This license applies to its subsidiary Galaxy One Prime NY, which will offer trading and custody services to residents, institutions, and businesses in New York. Galaxy stated that New York has the deepest institutional capital pool in the United States, and digital assets are gradually entering the mainstream allocation range. With this approval, the company will be able to serve its institutional clients in New York more directly.

Bitwise tweeted that it will use 10% of the management fees from its Hyperliquid ETF ($BHYP) to hold HYPE on the company's balance sheet, taking concrete action to support the development of the Hyperliquid ecosystem.Bitwise emphasized that Hyperliquid adopts a community-first model, with 99% of the blockchain's revenue used for the buyback and destruction of HYPE, stating, "If the protocol succeeds, the community should succeed." Bitwise's decision to hold HYPE is based on this principle.

According to Bloomberg, Polymarket and Kalshi still allow Indian users to register and trade on their prediction markets even after warnings from the Indian government. The Indian side believes that these platforms operate illegally.Last month, the Indian Ministry of Electronics and Information Technology stated in a letter that despite the relevant bans implemented domestically, users are still accessing "illegal and blocked prediction markets and online entertainment platforms." This announcement was subsequently published on the ministry's official website and specifically named "Polymarket and other similar websites," stating that these platforms should have been blocked by Internet Service Providers (ISPs).

Italy's largest bank Intesa Sanpaolo will increase its holdings related to crypto assets from approximately $100 million at the end of 2025 to about $235 million in the first quarter of 2026. Among these, the bank has increased its holdings in the ARK 21Shares Bitcoin ETF and BlackRock's IBIT, and for the first time allocated Ethereum assets through BlackRock's iShares Staked Ethereum Trust, while also adding approximately $26 million in Grayscale XRP Trust ETF holdings.In addition, Intesa has established a bullish options position in IBIT for the first time and added 165,600 shares of BitGo stock, while completely liquidating its positions related to Bitmine. Its related holdings in Solana have been significantly reduced, with Bitwise Solana Staking ETF holdings decreasing from 266,300 shares to 2,817 shares. Reports indicate that Intesa has previously confirmed that the related crypto assets are primarily used for proprietary trading. Last month, Ripple also announced that it would provide digital asset custody services for the bank.

Liquid Capital founder Yi Lihua posted on platform X: "The rebound of this wave is basically over. I have expressed multiple times that this round is about looking for a rebound rather than a reversal, with a strategy to close positions upwards. The possible upcoming bearish factors include a normal correction in US stocks at high levels, the impact of oil prices on inflation issues, which may lead to changes in interest rate cut expectations, and notably, the significant rebound in US Treasury yields. Crypto is long-term beautiful; we are now in the darkness before dawn. Every round of a bear market has countless pessimists and those leaving the market, but deep bear markets are often good opportunities for entry and patience. The AI era benefits two waves of people: one wave is those who dare to go all in on AI stocks, and the other wave is AI entrepreneurs. I recommend allocating 50% of future earnings to the AI field; this is an irreversible trend. ALL IN AI is the only choice."

According to the official announcement, the Bitget IPO Prime Phase 2 project preOPAI has now completed allocation, and spot trading will begin today at 22:00 (UTC+8). For more details, please refer to the Bitget official platform.