ETF inflows are tentatively returning, offering a structural pillar as short-term volatility moderates.
Behavioral metrics show cautious risk-on behavior. Approximately $120,000 worth of Bitcoin was purchased during the recovery from $112,000 to $114,000, demonstrating opportunistic purchasing. However, there is still little supply in the $110k–$116k region, so more robust accumulation is required to create long-term support.
Macro-policy risks remain key drivers, particularly CPI and Fed credibility, maintaining flexibility over directional conviction.
A confidential SEC filing and a Cantor mandate put the institutional prime broker back in the spotlight. Since its 2022 peak valuation, FalconX has quietly rebuilt itself into something broader – and harder to price.
Three Samsung affiliates will jointly acquire a 4% stake in Dunamu, operator of South Korea's largest cryptocurrency exchange Upbit, from Kakao affiliates in an all-cash deal worth 612.8 billion won (~$408 million), the companies said Thursday (May 28). The transaction is scheduled to close June 19.
The dual investment gives South Korea's fourth-largest crypto exchange a TradFi partner pursuing STOs and a global operator with reach across 120 million users.
The ETF channel that anchored bitcoin's 2025 rally has flipped to distribution for five straight sessions. The Hormuz headlines accelerated what had been building for weeks.
