● Bloomberg ETF analyst: The previous prediction that the spot Ethereum ETF S-1 will be approved around July 4 may have to be postponed

According to Odaily Planet Daily, Bloomberg analyst Eric Balchunas wrote on the X platform: "It is reported that the issuer is still waiting for the SEC's Corporate and Financial Division to comment on the S-1 they submitted two weeks ago. This is the first time the department has reviewed these documents because (most likely) the last-minute political shift surprised them. It is unclear whether they will prioritize this work, and my previous prediction that the spot Ethereum ETF S-1 will be approved around July 4 may need to be postponed."

● He Yi: Binance has management measures for zombie coins, and a dedicated department is set up for daily monitoring

He Yi, co-founder of Binance, said in the X space "Binance's global user registration number exceeds 200 million" AMA that Binance has management measures for so-called zombie coins. Binance itself will regularly review the tokens that have been launched, focusing on indicators such as whether there is continuous development, liquidity, and negative information. If it is found that the tokens with higher risks are found, they will be labeled for monitoring. Binance has a special department to look at the projects that have been listed and conduct daily monitoring.

● BNB Chain and Binance Labs jointly launch BNB Incubation Alliance

According to the BNB Chain blog, BNB Chain and Binance Labs announced the joint launch of the BNB Incubation Alliance (BIA), an incubator designed to support and accelerate the development of early blockchain projects through a series of global activities. Winning projects in the program will have the opportunity to enter the Most Valuable Builder (MVB) program, receive BNB Chain funding, and obtain potential Binance Labs investment opportunities.

● MicroStrategy plans to issue $500 million in notes to buy more Bitcoin

According to Foresight News, MicroStrategy announced that it plans to privately issue $500 million in convertible senior notes MSTR. The company plans to use the net proceeds from the sale of the notes to purchase more Bitcoin and for general corporate purposes.

● The annual rate of PPI in May was 2.2%, which was expected to be 2.50%

According to BlockBeats, the annual rate of PPI in the United States in May was 2.2%, expected to be 2.50%, and the previous value was 2.20%. The monthly rate of PPI in the United States in May was -0.2%, expected to be 0.10%, and the previous value was 0.50%. The number of initial jobless claims in the United States for the week ending June 8 was 242,000, expected to be 225,000, and the previous value was 229,000.

● JPMorgan Chase: Net inflow of digital assets this year is $12 billion, and may reach $26 billion by the end of the year

According to PANews, JPMorgan Chase (JPM) recently released a research report that digital assets have achieved a net inflow of US$12 billion so far this year. If the current rate is maintained, it is expected to increase to US$26 billion by the end of the year. Among them, the spot Bitcoin ETF has become the main attraction, attracting a net inflow of US$16 billion. However, the report emphasizes that not all inflows are new funds in the crypto field. Based on the above analysis, JPMorgan Chase revised the data, pointing out that the net inflow of digital assets so far this year is actually US$12 billion, not the original US$25 billion. Although this figure is strong compared to last year, it is far lower than the level during the 2021/2022 bull market.