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Crypto News
Citigroup Predicts $5.5T Tokenization Boom as Ethereum Funding Rate Reaches 9-Month High
Citigroup says that the tokenized securities market will go from $17 billion to $5.5 trillion by 2030.
Ethereum is one of the biggest RWA blockchains but Citi's forecast has failed to fuel price gains.
Ethereum's funding rate has soared to a multi-month high signalling bullish positioning.
Kalshi Files for XRP, XLM, SOL, SHIB, HBAR, DOGE, & 6 Other Altcoins Perp Futures
Kalshi applied for perpetual futures tied to altcoins such as Ethereum (ETH), XRP, Solana (SOL), Stellar (XLM), Dogecoin (DOGE), Shiba Inu (SHIB), and Hedera (HBAR). It follows the Commodity Futures Trading Commission’s (CFTC) approval of Bitcoin perpetual futures trading on the platform last week.
Strategy Sells $2.5 Million of Bitcoin, Breaking Playbook
Strategy Inc. disposed of about $2.5 million of Bitcoin, a symbolic break from its maximalist playbook.
The sale was the first since late 2022, and comes after Michael Saylor signaled the possibility of token sales during the company's quarterly earnings call last month.The $2.5 million sale is negligible relative to Strategy's roughly $60 billion Bitcoin position, but arrives at a sensitive moment for the market.
Bitcoin Spot ETF Flow
The overall net outflow of the US Bitcoin spot ETF on June 2 was $483.76 million. The total net asset value of Bitcoin spot ETFs is $91.16 billion, and the ETF net asset ratio (market value compared to total Bitcoin market value) is 6.37%.
来源：SoSoValue
The Bitcoin spot ETF with the highest net outflow on June 2 was iShares Bitcoin Trust ETF (IBIT), with a net outflow of $440.29 million, according to SoSoValue.