Odaily Odaily reported that Lookonchain posted on platform X, stating that as of the update on June 5, Bitcoin ETFs recorded a single-day net outflow of 196 BTC, worth $11.89 million, and a 7-day net outflow of 23,135 BTC, worth $1.41 billion; Ethereum ETFs recorded a single-day net inflow of 10,082 ETH, worth $16.04 million, and a 7-day net outflow of 117,037 ETH, worth $186.21 million.
Odaily News: According to Fox News, U.S. Energy Secretary Wright stated that after the Iran conflict concludes, the U.S. will replenish the Strategic Petroleum Reserve with 40 million barrels of crude oil. (Jin10)
Odaily Planet Daily reported that Morgan Stanley has launched in-kind creation for its spot Bitcoin ETF. (Bitcoin Magazine)
Odaily Odaily reported that Federal Reserve's Hammack stated that with the labor market appearing to be approaching balance, a rate hike in the near term may be appropriate. Hammack said that while she never focuses too heavily on any single data point, today's employment report again confirms that the labor market seems to be roughly in balance. She noted that the unemployment rate remains at 4.3%, "which is broadly consistent with what I would define as full employment." "Given the uncertainty surrounding the economic outlook, it is reasonable to keep interest rates steady for now. But if recent trends continue, action may need to be taken soon." This essentially reiterates remarks she made on June 2. (Jinshi)
Odaily reports that according to Lookonchain monitoring, a total of 343,075 ETH across DeFi protocols are facing liquidation risk, valued at $547 million. Among them, 46,741 ETH would be liquidated at $1,565.72, 58,032 ETH at $1,555.04, 100,394 ETH at $1,426.31, and 137,908 ETH at $1,361.73.
Odaily Planet Daily: Bitmine Immersion Technologies announced an increase in its 9.50% Series A perpetual preferred stock offering to 3.5 million shares, priced at $80 per share, with an expected net proceeds of approximately $273.8 million. The closing is scheduled for June 10. The company intends to use the proceeds to increase its holdings of ETH and other digital assets, expand its staking and validator infrastructure through its proprietary MAVAN network, support strategic investments related to the Ethereum ecosystem, and repurchase its common stock.
Odaily Odaily reports that Bitget has announced that its US Stocks 2.0 is officially available on the web platform. Users can now trade 204 rTokens via the Bitget Web version, covering core sectors such as technology, consumer goods, semiconductors, and indices. The launch of the web interface completes the multi-terminal coverage for US stock products, providing more comprehensive trading support for users who prefer desktop-based charting, order placement, and asset management.
It is understood that rTokens, identified by the letter "r" followed by the stock ticker symbol (e.g., rNVDA for NVIDIA), are issued by Reality, a licensed RWA protocol under Bitget. Through a partnership with the compliant broker Alpaca, they connect directly to global liquidity pools such as Nasdaq and NYSE. Their features include: 1:1 reserve backing of the underlying assets, held by a licensed custodian; stock dividends distributed 1:1 in token form; support for synchronized mapping of corporate actions (such as stock splits/consolidations); and the ability to use holdings as joint margin for unified accounts and USDT-margined contracts. This allows users to flexibly manage their capital while holding global equity assets.
Odaily News: According to official information from Zcash, the development team plans to adopt a new audit method to audit the supply of the Orchard Shielded Pool, which recently had its issue fixed, and stated that more technical details will be released later today.
Odaily Planet Daily News According to Onchain Lens monitoring, a newly created address has withdrawn 6.5 million BNB from Binance, worth $4.4 million. It currently holds 17.5 million BNB, valued at $11.87 million.
According to Lookonchain monitoring, a BIT- associated address currently holds a $78 million floating loss on a 120,000 ETH long position and has deposited another 5.84 million USDC as margin. The latest liquidation prices for this whale's four addresses are $1,414.51, $1,366.11, $1,360.73, and $1,309.53, respectively.
Market news: SpaceX's initial public offering (IPO) has received subscription orders exceeding the number of shares available for issuance.
Odaily: US President Trump says the newly released jobs report is very strong, and the stock market should be going up, not down. This has been the case for the past 200 years. Economic growth does not mean inflation. (Jin10)
Odaily reported that Yi Lihua posted on platform X, stating that U.S. stocks have started to pull back and expectations for interest rate cuts have shifted; trading is always the hardest thing—being right ten times but wrong once can lead to trouble, so one should always remain cautious and control risk. The speed of the decline following this rebound has far exceeded expectations, but it also brings greater opportunities. In the past, bear markets were where profits were made, while bull markets were where losses occurred.
Odaily reports that according to on-chain analyst Ember's monitoring, if ETH falls another $40 to $1,555, a leveraged long position of 58,000 ETH held by a whale address on Aave will be liquidated. This position is valued at $93.66 million.
Odaily Odaily Planet Daily News, Jason Pride, Head of Investment Strategy and Research at Glenmede, stated that the Fed's way of thinking has not changed, and the constraint for rate cuts remains inflation, not employment. Although the labor market is not accelerating, its resilience is higher than implied by unrevised data, which reduces the urgency for the Fed to act on the employment front. Investors should expect the Fed to keep interest rates unchanged at the next meeting and focus on whether energy relief measures after the ceasefire start to lower headline inflation. (Jin Shi)
