vaneck

According to Onchain Lens monitoring, VanEck's ETF wallet sold approximately 10.76 million dollars worth of assets through Gemini, including 45.41 BTC, valued at about 3.84 million dollars; and 2570 ETH, valued at about 6.91 million dollars.

French semiconductor company Sequans Communications has sold its last 314 bitcoins, completing its exit from the bitcoin reserve strategy, having previously held over 3,200 BTC. Sequans stated that this exit was conducted after the redemption of convertible bonds completed in May, allowing it to refocus on its core cellular IoT and software-defined radio business.Sequans CEO Georges Karam stated that the company used the proceeds from the bitcoin sales to pay off convertible bonds and strengthen its balance sheet. Currently, Sequans holds no cryptocurrency and has no outstanding debts other than government-funded R&D obligations. Sequans launched its bitcoin reserve strategy in June 2025, announcing a $384 million equity security and convertible secured bond issuance, with Karam at the time calling bitcoin a primary asset and an attractive long-term investment.The company began to reduce its holdings less than six months later, selling 970 BTC in November to redeem half of the convertible bonds. By May 2026, Sequans indicated that it would no longer pursue the reserve strategy and would gradually liquidate the remaining bitcoins. During the 2026 crypto bear market, an increasing number of digital asset reserve companies abandoned or scaled back their accumulation strategies. VanEck's head of digital asset research, Matthew Sigel, noted at the end of July that at least nine companies had completely liquidated or abandoned their bitcoin and cryptocurrency reserve strategies in 2026.

On Friday, asset management company VanEck released a report on the compensation of executives at the top ten digital asset treasury companies, rating the compensation structure of the Japanese Bitcoin treasury company Metaplanet as "poor," making it the only company to fall into the lowest rating. The report shows that Metaplanet's equity plan corresponds to 14.7% of fully diluted shares, with executive risk exposure at 8.2%, which is ten times the average level of 0.8% for the other nine companies, and the scale of the equity plan is also nearly four times the industry average.In comparison, the largest corporate Bitcoin holder, Strategy, has an equity plan that accounts for only 2% of fully diluted shares, with executive risk exposure at 0.5%, and its compensation structure rated as "good." Metaplanet currently ranks third among publicly listed companies in Bitcoin holdings with 43,000 BTC. VanEck pointed out that the gap partly stems from Metaplanet's previous compensation mechanism: the option pool automatically expanded when the company issued shares to purchase Bitcoin, causing it to swell from 46 million shares to 319.5 million shares, adding approximately 273 million potential shares, which drew criticism from shareholders at the time.Metaplanet terminated the automatic adjustment mechanism at the end of August and reduced the option pool by 41% to 188.2 million shares in September, but VanEck believes these adjustments are still "far from satisfactory," calling for the retraction of the expansion of approximately 273 million shares in favor of a shareholder-approved compensation plan, while also suggesting that executive compensation be linked to the number of Bitcoins corresponding to each fully diluted share and adopting a written grant timing policy.

According to Bitcoin Magazine, Matthew Sigel, the head of digital asset research at asset management company VanEck, stated in an interview with CNBC that quantum computing poses a risk to Bitcoin, but the community has recognized the seriousness of the issue. He pointed out that due to the decentralized nature of the crypto network, progress in addressing this issue may be slow, but the community is advancing related work.Sigel said, "This is a risk, but the community has already recognized the scope of the problem, and a large number of talents have gathered and proposed a framework for upgrading the system." He added, "Upgrades will not happen quickly because no CEO can tell developers 'do it now.' The governance process takes more time, and the process is more complex, but there are technical paths to achieve quantum resistance, and you will see more related progress in the coming years."Currently, quantum computers still have error rate issues and cannot crack Bitcoin's encryption algorithms. Some Bitcoin developers have begun testing quantum-resistant signatures on real-time sidechains. Coinbase plans to build a post-quantum signature pipeline using secure enclaves and threshold cryptography, and the Bitcoin Security Alliance, composed of BlackRock, Fidelity Digital Assets, Block, and others, is also supporting proposals like BIP-360 to reduce long-term quantum computing risks.

Matthew Sigel, the Head of Digital Asset Research at the asset management company VanEck, stated on CNBC that Bitcoin does not need a Republican president to perform well, and former President Biden is not anti-Bitcoin. Sigel pointed out that despite Republicans repeatedly criticizing Democrats for being anti-cryptocurrency, and the regulatory agencies under the Biden administration suing digital asset companies, Bitcoin can still develop healthily under Democratic governance.Sigel also discussed the delay in the legislation of the Clarity Act, which aims to establish a classification framework for digital assets and clarify the regulatory jurisdiction over securities, commodities, or payment stablecoins. Some Republican senators accused Democrats of delaying the legislation, while Coinbase's Chief Policy Officer Faryar Shirzad believes that the opposition mainly comes from older Democrats, and the younger generation better understands technological changes, making cryptocurrency potentially the most bipartisan issue in Washington.Recently, Bitcoin has shown strong price performance, rising nearly 24% in the past seven days, reaching as high as $81,160, and currently retreating to about $78,438. Previously, the Trump administration promoted the establishment of a Bitcoin strategic reserve and issued several executive orders supporting cryptocurrency.

X account bitcoinarchive states that VanEck indicates all 12 quantitative signals show that the Bitcoin bear market has ended.VanEck also points out, "Saylor's strategy sell-off looks like a typical newspaper headline bottom."

Bitcoin News posted on platform X that Matt Seigel from VanEck stated that the U.S. Treasury is increasingly financing U.S. debt through short-term Treasury bills, which currently account for 23% of tradable debt, up from the 15% to 20% range recommended by the Treasury Borrowing Advisory Committee.He noted that this makes the cost of maintaining high interest rates increasingly expensive and puts pressure on the dollar. VanEck stated that the only persistent correlation between Bitcoin and the dollar over the past 15 years has been a negative correlation. The agency believes that this dynamic ultimately points to lower real interest rates, a structurally weakened dollar, and stronger support for Bitcoin as a hedging tool.

According to CoinDesk, the latest report from asset management company VanEck shows that Bitcoin has currently triggered 8 out of 12 market capitulation indicators, indicating that the market is approaching the historical bear market bottom area, but the related signals do not mean that the price has bottomed out. These indicators mainly measure the market status of Bitcoin during extreme sell-off phases, including the extent of price retracement from highs, miner profitability, and the proportion of holders at a loss. Over the past three months, all 12 indicators have reached the triggering range.VanEck pointed out that Bitcoin's previous rounds of major bottoms experienced maximum declines of approximately 94%, 85%, 84%, and 78%, during which the market lacked support from spot ETF funds, institutional holdings were relatively small, and there were impacts from major industry events such as Celsius and FTX. In contrast, the market structure has changed this time. From a cyclical perspective, VanEck has compiled 4 complete Bitcoin cycles since 2011 and found that bear markets typically last about 11 months on average from peak to trough; if excluding the special cycle of 2011, the average is about 12.7 months. Currently, Bitcoin has entered the 10th month since its peak in October 2025, and the next potential accumulation window may appear between September and November of this year.VanEck concluded that the current capitulation indicators are more suitable as tools for long-term investors to assess the cycle position rather than short-term bottom-fishing signals. Historical data shows that the advantages of investing based on these indicators are mainly reflected within a one-year cycle, and the market may continue to fluctuate in the coming months.

Matthew Sigel, the Head of Digital Asset Research at VanEck, stated that if the U.S. CLARITY Act is passed, it will trigger "an enormous relief rally" in L1 tokens.Sigel's remarks focus on the potential impact of regulatory progress on native assets of public chains. The CLARITY Act aims to provide a clearer regulatory framework for digital assets, and the market generally views it as one of the important legislative variables affecting the risk appetite for crypto assets.

According to Cointelegraph, asset management company VanEck stated that Bitcoin is approaching the cycle bottom, which may mean that investors should start to gradually rebuild their positions.

Bitcoin Treasuries.NET posted on platform X that VanEck's Preferred Securities ex-Financials ETF PFXF, managing $237 billion in assets, has increased its holdings in Strategy Stretch STRC to 2.42 million shares, valued at $209 million, accounting for over 8.75% of the ETF's net assets, which belong to digital credit assets.

According to SoSoValue data, yesterday (Eastern Time July 10) the total net inflow of Bitcoin spot ETFs was $90.44 million.The Bitcoin spot ETF with the highest single-day net inflow yesterday was Blackrock ETF IBIT, with a single-day net inflow of $86.82 million. Currently, the historical total net inflow of IBIT has reached $60.286 billion.Next was VanEck ETF HODL, with a single-day net inflow of $3.6128 million. Currently, the historical total net inflow of HODL has reached $1.136 billion.As of the time of writing, the total net asset value of Bitcoin spot ETFs is $77.422 billion, and the ETF net asset ratio (market value compared to the total market value of Bitcoin) is 6.05%. The historical cumulative net inflow has reached $51.277 billion.

According to SoSoValue data, the total net outflow of Bitcoin spot ETFs is $95.3017 million. The Bitcoin spot ETF with the highest single-day net inflow yesterday was the VanEck ETF HODL, with a single-day net inflow of $5.3617 million, and the historical total net inflow of HODL has reached $1.133 billion. The second highest was the Morgan Stanley ETF MSBT, with a single-day net inflow of $2.1737 million, and the historical total net inflow of MSBT has reached $377 million.The Bitcoin spot ETF with the highest single-day net outflow yesterday was the Fidelity ETF FBTC, with a single-day net outflow of $63.2516 million, and the historical total net inflow of FBTC has reached $10.151 billion. As of the time of writing, the total net asset value of Bitcoin spot ETFs is $76.506 billion, and the ETF net asset ratio (market value as a percentage of Bitcoin's total market value) is 6.03%, with a historical cumulative net inflow of $51.186 billion.

VanEck's Head of Digital Assets Research, Matthew Sigel, posted on the X platform that according to the latest 8-K filing submitted by Strategy, the $135 million Bitcoin sale by Strategy last week did not utilize the $1.25 billion BTC Monetization Program limit.This is because the program only restricts sales used to supplement cash reserves, and sales directly used to pay dividends are not included in this limit. Sigel pointed out that this means Strategy's actual Bitcoin selling capacity exceeds the commonly understood $1.25 billion.

According to official news, the prediction market index provider Adjacent announced the completion of a $2.5 million Pre-Seed round of financing, with investors including Night Capital, VanEck, UFO Holdings, Maven11, and DCG.Adjacent is an independent third-party event contract and prediction market index provider, and this week it launched the U.S. election index series RED and BLUE. Adjacent stated that it is rapidly expanding its index products to cover global elections, finance, economics, and other fields.

According to CoinDesk, VanEck released a report stating that Bitcoin mining companies face a short-term funding gap of about $50 billion as they transition to AI infrastructure, with long-term capital needs of approximately $221 billion. Analysts indicate that the market focus is shifting from contract signing to execution risk, as the industry has only delivered about 25% of the leased AI and high-performance computing capacity, and companies that miss construction milestones face "structural downgrades" from investors.Bitcoin mining companies are turning to AI infrastructure due to declining mining profitability, with Core Scientific signing multi-billion dollar hosting agreements with CoreWeave, and companies like TeraWulf, Hut 8, Iren, and Cipher also announcing AI and high-performance computing plans. VanEck points out that the clearest valuation metric currently is the available operational power infrastructure, with companies that have signed AI leases valued at more than 10 times their operational power. The report suggests that HIV E, Bitdeer, Keel, and IREN have potential upside, while MARA, CLSK, and RIOT remain more closely tied to Bitcoin prices.

According to SoSoValue data, yesterday (Eastern Time June 5), the total net outflow of Bitcoin spot ETFs was $326 million.The Bitcoin spot ETF with the highest net inflow yesterday was the Morgan Stanley ETF MSBT, with a net inflow of $4.2773 million for the day, and the historical total net inflow of MSBT has reached $268 million.Next was the VanEck ETF HODL, with a net inflow of $4.2190 million for the day, and the historical total net inflow of HODL has reached $1.151 billion.The Bitcoin spot ETF with the highest net outflow yesterday was the Blackrock ETF IBIT, with a net outflow of $214 million for the day, and the historical total net inflow of IBIT has reached $62.47 billion.As of the time of publication, the total net asset value of Bitcoin spot ETFs is $75.115 billion, with an ETF net asset ratio (market value compared to total Bitcoin market value) of 6.08%, and the historical cumulative net inflow has reached $53.94 billion.

According to The Block, asset management company VanEck officially launched the VanEck BNB ETF (ticker: VBNB) on Thursday, becoming the first exchange-traded product in the United States to offer spot exposure to BNB. VBNB is backed by physical BNB held in a cold wallet at Anchorage Digital Bank, with a management fee of 0.39%, and currently does not support staking functionality.

The tokenized U.S. Treasury fund VBILL under VanEck has officially launched on the DeFi lending protocol Euler. The fund is issued and tokenized by Securitize, allowing investors to use tokenized U.S. Treasuries as collateral for on-chain lending and liquidity operations, while also meeting compliance requirements. This move reflects that DeFi protocols are accelerating their transformation towards institutionalization and compliance to attract traditional financial capital into the on-chain market.Data shows that the scale of tokenized U.S. Treasuries has surpassed $15 billion, growing approximately 150% over the past year. Traditional asset management giants such as BlackRock, Franklin Templeton, and Janus Henderson have all launched on-chain Treasury or money market products. Euler has previously integrated Securitize's DS Protocol to support the access of tokenized securities with investor qualification restrictions and transfer rules to the lending market. DeFi protocols like Aave are also laying out institutional-level RWA business. Institutions expect that the asset tokenization market could reach $18.9 trillion by 2033. Securitize executives stated that as traditional financial institutions enter the crypto space, DeFi protocols must find a balance between openness and compliance requirements.