- Investment giant BlackRock is considering launching exchange-traded funds (ETFs) based on altcoins — Cardano, Polkadot, and Solana. Meanwhile, its existing Bitcoin and Ethereum ETFs have already accumulated $70 billion and $4 billion in assets, respectively. The company is also actively developing tokenization, for example, through its $3 billion tokenized fund BUIDL.
- Trump Media & Technology Group has filed documents with the SEC to launch an ETF with 75% allocated to Bitcoin and 25% to Ethereum. Crypto.com is acting as the liquidity partner. This move complements the company’s plan to establish a $2.5 billion “Bitcoin treasury”.
- OpenAI has won a government tender to develop AI tools for national security, with the project expected to be completed by July 2026. The company reports an annual revenue of $10 billion and is valued at $300 billion.
- The bipartisan Genius Act was approved by the Senate with a 63–30 vote. The bill requires stablecoin issuers to maintain full reserves, undergo regular audits, and comply with banking standards. President Trump stated he will sign the bill before the August recess.
- French bank Société Générale, through its SG-FORGE division, is preparing to launch USD CoinVertible, a stablecoin on Ethereum and Solana. BNY Mellon will act as the custodian, and trading is set to begin in July.
- According to an Openreach survey, 13% of Liverpool residents regularly invest in cryptocurrencies — the highest percentage in the UK.
- Tron founder Justin Sun is merging the project with public company SRM Entertainment, which will be renamed Tron Inc and raise $100 million. SRM shares surged nearly 700% following the announcement.
- On June 16, Bitcoin surged above $107,000 (up 4% over the weekend), followed by increases in ETH and XRP. The growth was fueled by strong institutional demand for ETFs and optimism surrounding the Ripple case.
Crypto Digest by MINE.exchange (16–23 June)
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