Trading

Spot bitcoin ETFs recorded $85.85 million of net inflows on June 12, with all 12 tracked products avoiding net outflows. BlackRock's iShares Bitcoin Trust (IBIT) accounted for $57.7 million of the total, while spot ethereum ETFs posted a $4.95 million net outflow for a fourth consecutive day.

U.S. spot Bitcoin ETFs took in $85.85 million on June 12 after five straight days of outflows, while Bitcoin traded around $63,750 after a 1.30% 24-hour rise. Trading volume slid 16% to $24.07 billion, even as derivatives metrics pointed to a more bullish tilt. BTC is nearing a key barrier at $63,900, with a daily close above $64,000 framed as the trigger for a potential move toward $69,500.

On June 13, 2026, Bitcoin traded around $64,200 as derivative data pointed to a broad leverage reset, with open interest reduced from above $90B to near $50B and funding close to neutral. Short-term holders remained under pressure, with BTC below the STH realized price near $75,000, implying roughly 15% unrealized losses for recent buyers. The setup describes heavy stress among newer holders but does not, by itself, confirm a market bottom.

Bitcoin traded above $64,000 on Saturday, briefly clearing $64,200 intraday and standing more than 8% above its June low near $59,000. The move followed $85.9 million of net inflows into U.S. spot bitcoin ETFs on Friday and market attention on Pakistan's prime minister saying a peace agreement is closer than ever, with finalisation expected within 24 hours.

Michael Saylor said on June 13 that 25% of the "Mag8" now holds bitcoin on corporate balance sheets, following SpaceX's public listing. He also positioned SpaceX alongside other mega-cap tech names in his framing, highlighting the growing use of BTC as a treasury asset among major firms.

Kraken says it plans to roll out CFTC-regulated perpetual futures for eligible US traders within 30 days, using Bitnomial as the listing venue. The initial contracts are expected to cover BTC, ETH, SOL, XRP, ADA, LINK, DOGE, LTC and AVAX, with no expiry and an eight-hour funding rate.

On June 12, 2026, Anthropic disabled its Fable 5 and Mythos 5 AI models worldwide after a U.S. Commerce Department export-control directive required suspending access for foreign nationals. The shutdown hit pre-IPO crypto instruments tied to Anthropic’s implied valuation, including Hyperliquid’s vntl:ANTHROPIC (down 3% to $1,638) and Solana’s Prestocks ANTHROPIC token (down 9.11% to $655.32). As of June 13, 2026, Anthropic said it is working to restore access but has not provided a timeline.

Kraken derivatives chief John Palmer said newly approved, regulated U.S. perpetual futures are likely to be adopted first by sophisticated proprietary traders and some retail users, with investment advisers and large asset managers joining later. Kraken plans to introduce perpetual futures on Kraken Pro in the coming weeks after gaining CFTC-regulated capabilities via its NinjaTrader and Bitnomial acquisitions.

Binance said Friday it captured more than 60% of SpaceX derivatives trading across CEX and DEX venues after SPCXUSDT posted over $5.6 billion in volume in a single 24-hour window. The exchange also reported more than $9 billion in cumulative SPCXUSDT volume since its SpaceX Pre-IPO trading began and cited $167.22 million in one-sided open interest as of June 13, 9:00 AM UTC.

ChatGPT-generated projections put XRP near $1.24 on July 1, 2026, implying about 9% upside from the $1.15 area. The outlook models three paths: a $1.18–$1.32 base range (50% probability), a $0.98–$1.10 bearish band (30%), and a $1.40–$1.65 bullish case (20%). XRP was last cited at $1.15, up about 1.6% on the day and over 5% on the week.