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US $BTC ETFS SAW $880M IN INFLOWS, HIGHEST SINCE MARCH… As Reported by Bitcoinist, US spot bitcoin ETFs saw their second-highest daily inflow ever on Tuesday at over $880 million, the most since March, as demand returns amid Bitcoin's resurgence. The ETFs have now seen 16 straight days of inflows, sparking talk of a "second wave" of demand. Fidelity's Wise Origin Bitcoin Fund led inflows with $378.7 million, followed by BlackRock's iShares Bitcoin Trust at $274.4 million. In total, the spot $BTC ETFs hold over $60 billion worth of BTC. Analysts cite renewed institutional interest and Bitcoin's price resurgence back above $70,000 as drivers of the latest wave of inflows. The Grayscale Bitcoin Trust also saw a rare inflow day of $28.2 million, just the seventh since converting to a spot ETF in January. It joins the renewed enthusiasm despite bleeding funds for most of the year. With major firms like Fidelity and BlackRock spot #BTC ETFs now holding tens of billions in assets, the infrastructure for institutional Bitcoin investment continues maturing. The latest inflow wave follows Australia, the U.K., and Thailand's recent approval and listing of Bitcoin-regulated funds. With the regulatory climate warming worldwide, Bitcoin ETFs are attracting capital once again.

US $BTC ETFS SAW $880M IN INFLOWS, HIGHEST SINCE MARCH…

As Reported by Bitcoinist, US spot bitcoin ETFs saw their second-highest daily inflow ever on Tuesday at over $880 million, the most since March, as demand returns amid Bitcoin's resurgence.

The ETFs have now seen 16 straight days of inflows, sparking talk of a "second wave" of demand. Fidelity's Wise Origin Bitcoin Fund led inflows with $378.7 million, followed by BlackRock's iShares Bitcoin Trust at $274.4 million.

In total, the spot $BTC ETFs hold over $60 billion worth of BTC. Analysts cite renewed institutional interest and Bitcoin's price resurgence back above $70,000 as drivers of the latest wave of inflows.

The Grayscale Bitcoin Trust also saw a rare inflow day of $28.2 million, just the seventh since converting to a spot ETF in January. It joins the renewed enthusiasm despite bleeding funds for most of the year.

With major firms like Fidelity and BlackRock spot #BTC ETFs now holding tens of billions in assets, the infrastructure for institutional Bitcoin investment continues maturing.

The latest inflow wave follows Australia, the U.K., and Thailand's recent approval and listing of Bitcoin-regulated funds. With the regulatory climate warming worldwide, Bitcoin ETFs are attracting capital once again.

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HOW 12-YEAR -OLD BOY BECAME MILLIONAIRE AFTER BEING ONE OF THE FIRST TO INVEST IN BITCOIN..😱😱 Erik Finman decided to invest in Bitcoin at the age of 12 after striking a deal with his parents in a bid to avoid going 'back to school' In 2011, instead of wasting away his pocket money, Erik decided to put his money where his mouth was after striking a deal with his parents that he'd prove he could make his fortune outside of traditional education in return for being able to skip out studying a college degree. But how would Erik build such wealth? Well, luckily for the 12-year-old, Bitcoin had just been launched in 2009 and data became available the following year, so after receiving $1,245 from his grandmother, Erik decided to invest in the cryptocurrency At the time Erik invested, trading was at around $12 - and this gave him about 103 BTC. surely most kids at that age would have likely been lost at how he managed to invest this money on a new emerging online currency phenomenon, it certainly paid off In December 2017 - when Erik was just 18 - Bitcoin reached a high of around $20,000 and his initial $1,245 investment increased to a staggering $2.07 million... Reflecting on his decision that paid off massively, as an adult Erik said ‘people didn’t really get what I was trying to do’. He told the Business of Business: "I really didn't like high school. People didn't really get what I was trying to do, get what I was searching for or what I was dreaming of I dropped out of high school and made a bet with my parents: if I make a million dollars by the time I’m 18, I don’t have to go back to school or go to college." And Erik didn't just stop after making his first million either, building the amount of Bitcoins he had to 341 - with an estimated worth of more than $4.8 million by mid 2020. However, Erik, now 25, hasn’t been too happy about his claim to fame and insisted he is 'desperate to get out of crypto' and was 'sick of being the Bitcoin person' so he's recently been putting his finances into aircraft which he said has made 'good money'.
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Arkham posts $150K bounty to find creator of DJT Trump token...😱😱😱 As reported by Cointelegraph, Arkham Intelligence has offered a $150,000 bounty for whoever can identify the creator of the Solana-based token DJT — which rose up to 500% on Monday on unsubstantiated rumors it was tied to Donald Trump. $150,000 to the first person to definitively prove the identity of the creator of $DJT,” the firm posted to X on June 18. The bounty will be live for eight days and paid in 100,000 Arkham (ARKM), worth $1.56 at the time of writing, according to CoinMarketCap. Find definitive evidence of the creator of $DJT. We will accept private proof for this bounty but if accepted that proof will be made public,” the bounty notice reads.... High-profile blockchain sleuth ZachXBT is among those who have sent in a submission so far.. Elsewhere on the internet, people are placing bets on whether the DJT token was really launched by Trump or a member of his family. Decentralized betting platform Polymarket shows there’s nearly $1.7 million in bets over whether the DJT token is “real.” Only 17% of the total bets have been placed in the “Yes” camp, but for them to win, definitive proof must be obtained by 11:59 ET on June 21, or else the market will resolve to a “No.” The rumor that Trump is behind the DJT token, “spearheaded” by his son, Barron Trump, first came from an X post by tech blog Pirate Wires, which cited “conversations” but didn’t elaborate on who those conversations were with. Pressed on where the information was from, Pirate Wires creator Mike Solana noted he “didn’t speak with Trump directly” and was “just reporting what I know via sources.” DJT is currently trading for 0.016, down 50% from its peak of 0.036 on Tuesday, according to Birdseye.
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Binance reaches 200M users + $100B in assets under custody Congratulations to Ever growingBinance Community & the Binance Team .. Binance, the largest cryptocurrency exchange in the world by daily volume, announced on June 8 it had reached 200 million global users.  In true celebratory fashion, Binance marked the occasion across its social media platforms by framing the 200 million user mark as a milestone on the company’s quest to onboard a billion, or one in every eight people on Earth. The 200 million user mark represents over a third of all cryptocurrency holders worldwide. a post from the Binance account on X.com mentioned as below  “Today, we celebrate 200 million – and it's all because of YOU! Your support is the heartbeat of our journey to 1 billion users. Here's to the stars of our story – you!” while the same time $BNB the Native Coin of Binance Manage to reach its ATH on 06th June 2024 with $BNB reaching $720 range .. As recently as 2022, Binance only had approximately 130 million users. In 2023 the exchange added 40 million users to bring its total count to 170. In the time since, just six months into 2024, it’s already added at least 30 million more. This puts Binance on pace to reach 300 million users by 2026, assuming trends remain the same for both the company and the industry Binance’s 200 million user milestone comes on the heels of another cryptocurrency industry record for the company. As Binance reached a total of $100 billion in user assets under custody. That averages out to about $500 worth of assets in custody per user.
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