ETF outflows saw ETH record a $197 million fund exit, its second-largest in history, while BTC also hit pause with a $122 million departure. Currently, BTC ETFs hold 6.38% of supply, while ETH ETFs hold 5.08% with ETH on track to surpass BTC by September, if the current inflow pace is sustained.
Ethereum exit queue hit a record with 910K ETH (~$3.9B) pending withdrawal, while 268K ETH is waiting to stake. On the BTC side, whale accumulation persists: 20,061 BTC added by wallets holding at least 10K BTC since Aug 13; bringing total added since March to 225K BTC.
The GMC framework bundles licensing and banking into a single application — and hands firms already regulated in Singapore, Hong Kong or Abu Dhabi a shorter path in.
The Nasdaq-listed Solana treasury company repurchased $4.4 million of its convertibles at a 41% discount to par and reaffirmed its June guidance of 0.075 SOL per share, pointing to validator operations and onchain yield as what separates its model from a pure accumulation play.
The Tokyo-listed Bitcoin treasury company added 5,075 BTC in the quarter to reach 40,177, but mark-to-market accounting turned a strong operating performance into a headline loss, and Japan's preferred share market has proved harder to crack than expected.
