XRP spot ETF had a net inflow of $10.68 million last week
According to SoSoValue data, XRP spot ETFs saw a net inflow of $10.68 million during the past trading week (June 8th to June 12th, US Eastern Time).
The XRP spot ETF with the largest net inflow last week was Bitwise ETF XRP, with a weekly net inflow of $4.968 million. The total historical net inflow for XRP currently stands at $472 million. Following that was Franklin Templeton ETF XRPZ, with a weekly net inflow of $3.6699 million. The total historical net inflow for XRPZ currently stands at $400 million.
As of press time, the total net asset value of XRP spot ETFs is $979 million, with the ETF net asset ratio (market capitalization as a percentage of total XRP market capitalization) reaching 1.39%. The cumulative historical net inflow has reached $1.44 billion.
[Odaily]
a16z officially establishes its first Seoul office, initially focusing on the crypto space
June 15th news, Silicon Valley top venture capital firm Andreessen Horowitz (a16z) has officially established an office in Seoul. This comes approximately 6 months after announcing its Asian expansion plan in December last year.
a16z stated that South Korea’s global competitiveness, excellent technical talent, and market acceptance in fields such as AI, manufacturing, defense, crypto, content, and consumer goods are the main reasons for choosing Seoul as its strategic base in Asia. The Seoul office will initially focus on the crypto sector, with plans to gradually expand its business scope thereafter.
a16z has previously made early investments in global tech giants like SpaceX, Instagram, Facebook, and Airbnb.
[PANews]
Bitcoin spot ETFs saw net outflows of $316 million last week, marking the fifth consecutive week of net outflows.
According to SoSoValue data, Bitcoin spot ETFs saw a net outflow of $316 million during the past trading week (June 8th to June 12th, US Eastern Time).
The Bitcoin spot ETF with the largest net outflow last week was Blackrock’s ETF IBIT, with a weekly net outflow of $355 million. Currently, IBIT’s total historical net inflow stands at $62.1 billion. Following that was Grayscale Bitcoin Trust (GBTC), with a weekly net outflow of $87.9141 million. Currently, GBTC’s total historical net outflow stands at $26.85 billion.
[PANews]
Google Cuts the Qubits Needed to Break Ethereum by 20x, But There’s a Plan
A Google Quantum AI paper published in March 2026 cut the estimated hardware needed to break Ethereum’s account security by 20 times. The quantum threat moved from theoretical to scheduled, and across the blockchain industry, only one network is visibly preparing.
Earlier research estimated that cracking the signature scheme protecting every Ethereum account would require tens of thousands of logical qubits. Google’s latest work puts the figure at roughly 1,200. Google found the revised estimate credible enough to set an internal 2029 deadline for migrating its own systems.
Ethereum uses ECDSA (elliptic curve digital signature algorithm) to verify every transaction. When an account sends a transaction, it exposes its public key on-chain. A sufficiently powerful quantum computer could derive the private key from that exposure and drain the wallet. Today’s quantum hardware cannot do this, but 1,200 logical qubits is a number engineers can plan around, not dismiss.
A small portion of Ethereum’s dormant funds, roughly 0.1%, already sit in accounts that have exposed their public keys and are technically vulnerable now. The quantum risk to Ethereum holders extends further: validator signatures, data availability commitments, and the zero-knowledge proof systems underpinning most rollups all rely on mathematics that a sufficiently powerful quantum computer could break.
The Ethereum Foundation formed a dedicated Post-Quantum Security team in January 2026, led by Thomas Coratger, and tracks its work publicly at pq.ethereum.org. Justin Drake, one of Ethereum’s most prominent researchers, has identified post-quantum risk security as a top strategic priority. The Foundation launched the Poseidon Prize, a $1 million research award targeting improvements in hash-based cryptographic primitives. This work builds on three post-quantum cryptography standards that NIST finalized in August 2024.
Near-term, EIP-8141, which introduces native account abstraction and allows accounts to choose their own signature scheme, is under consideration for the Hegotá hard fork planned for the second half of 2026. Full protocol readiness targets approximately 2029, the same deadline Google set for its own systems. BeInCrypto’s full breakdown of Ethereum’s quantum roadmap covers the broader fork milestones in detail.
For users who want to act now, the Foundation’s Kohaku project lets anyone deploy a quantum-resistant smart account using the ERC-4337 account abstraction standard, no hard fork required, for roughly $0.07 on the Layer 1 testnet.
No other major blockchain has matched Ethereum’s institutional response. Bitcoin, Solana, and others face similar underlying vulnerabilities: ECDSA is the dominant signature scheme across the industry. None has formed dedicated post-quantum security teams or published comparable roadmaps.
The 1,200-qubit figure is not a guarantee, and significant engineering obstacles remain before quantum hardware reaches that threshold. But a 20-times downward revision in the threat estimate, from one of the world’s most advanced quantum computing programs, is not a number the rest of the blockchain industry can keep treating as a future problem.
[BeInCrypto]
Gate lists RLUSD, opens four trading pairs with multiple incentive measures
Gate, a cryptocurrency exchange platform, announced that it will list RLUSD, a U.S. dollar-pegged stablecoin launched by Ripple, on June 15 at 17:00 (UTC+8). Concurrently, trading pairs BTC/RLUSD, ETH/RLUSD, XRP/RLUSD, and RLUSD/USDT will be opened.
RLUSD is fully backed 1:1 by U.S. dollar deposits, short-term U.S. Treasury securities, and other cash equivalents, with monthly reserve audit reports enhancing transparency and regulatory compliance. Designed specifically for payment use cases, this stablecoin aims to meet the growing demand from users, developers, and institutions for transparent, interoperable stablecoins with real-world utility.
To support the listing, Gate has launched a market incentive program totaling 750,000 RLUSD, featuring initiatives including CandyDrop trading rewards, VIP-exclusive airdrops, reduced withdrawal fees, and KOL promotion campaigns—designed to drive genuine trading demand, deepen liquidity, and boost new user participation and overall market activity.
This RLUSD listing—combined with the concentrated allocation of incentive resources—reflects Gate’s strategic commitment to continuously refining its stablecoin trading ecosystem and enhancing multi-asset liquidity and trading efficiency. Going forward, Gate will expand its offerings to include more high-quality assets and ecosystem partnerships, further advancing the infrastructure of the digital asset market.
[Odaily]
Former Bank of Japan economist: U.S.-Iran peace agreement will not change the Bank of Japan’s interest rate hike plan
Seisaku Kameda, former chief economist at the Bank of Japan (BOJ), stated on Monday that a U.S.-Iran peace agreement is unlikely to alter market expectations for two BOJ rate hikes this year. Amid mounting inflationary pressures, the BOJ is expected to raise its short-term policy interest rate from 0.75% to 1.00% on Tuesday.
Kameda noted that the hike would have occurred in April had the Middle East war not broken out. He added that if the peace agreement leads to the smooth reopening of the Strait of Hormuz, it could ease some pressure on the BOJ to accelerate its rate-hike pace beyond current expectations in order to curb inflation.
“However, this will not change the BOJ’s plan to raise rates approximately twice per year to lift still-low real borrowing costs and normalize monetary policy,” Kameda said. He pointed out that following the June rate hike, the BOJ is highly likely to raise rates again in either October or December.
Additionally, BOJ Governor Kazuo Ueda will miss the June meeting due to hospitalization for treatment of an infectious liver cyst. Deputy Governor Shinichi Nishida will preside over the press conference in his stead. Kameda indicated that Nishida is expected to reiterate the BOJ’s firm commitment to further rate hikes but, given the ongoing uncertainty surrounding the Middle East situation, will avoid providing explicit guidance on the timing of the next rate hike.
[Golden Ten]
Planet Noon News
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Bitcoin spot ETFs saw a net outflow of $316 million last week, marking the fifth consecutive week of net outflows;
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Ethereum spot ETFs saw a net outflow of $14.9072 million last week, marking the fifth consecutive week of net outflows;
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Microsoft CEO: In the future, every company must simultaneously build human capital and token capital;
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Citrini: U.S. equities have not yet peaked, but corrections of 10%–15% may occur frequently over the coming months;
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Hyperliquid’s memory sector strengthened during the overnight session, with Micron and SanDisk rising over 4%;
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Former Bank of Japan economist: A U.S.–Iran peace agreement will not alter the Bank of Japan’s interest rate hike plans;
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The U.S. military has received orders to unblock the Strait of Hormuz on Friday, though uncertainties remain this week;
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Morgan Stanley: The global AI optical module PCB market size is projected to grow at a compound annual growth rate (CAGR) of up to 83%;
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Hong Kong-listed Zhipu surged over 45% intraday, but its gains have since narrowed to 29%;
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geministar.eth withdrew 8,715 ETH from Binance and deposited them into ether.fi for staking, valued at $14.99 million.
A whale deposited $5.50 million into HyperLiquid and opened 10x long positions on HYPE and 3x long positions on ZEC.
According to Onchain Lens monitoring, a whale deposited 5.50 million USDC into HyperLiquid and opened multiple orders: 120,000 HYPE (10x leverage) and 6,193 ZEC (3x leverage).
The whale simultaneously closed ETH long positions, profiting $396,000.
[Odaily]
Trump Paid UFC Fighters in His Stablecoin Despite Probe Over UAE Ties
On June 14, President Trump’s crypto venture World Liberty Financial paid $250,000 in USD1 stablecoin bonuses to UFC fighters on the South Lawn of the White House. The event looked like a sports sponsorship, but the company behind the stablecoin carries a story that goes well beyond prize money.
Trump co-founded World Liberty Financial in 2024. The company’s USD1 stablecoin, a dollar-pegged token with reserves in US Treasuries and cash equivalents, has grown to a market cap of more than $5 billion since its March 2025 launch and now runs across Ethereum, BNB Chain, Tron, and Solana.
World Liberty Financial served as the presenting sponsor of UFC Freedom 250, with the South Lawn as the venue. WLFI contributed $250,000 in USD1 to the Performance of the Night bonus pool, pushing those payouts to $425,000 per winner. Crypto.com separately backed Fight of the Night, bringing those bonuses to $400,000 each. Combined, 14 fighters competed for roughly $1.65 million in bonuses, a record for a UFC card, and the Performance of the Night winners collected theirs in USD1 on the South Lawn of the White House.
The White House showcase arrived while Congress was already scrutinizing WLFI’s ownership structure. A UAE firm linked to Sheikh Tahnoon bin Zayed Al Nahyan, the UAE’s national security adviser and brother of the UAE president, acquired a 49% stake in World Liberty Financial for a reported $500 million. A separate Tahnoon-linked firm then used USD1 to settle a $2 billion investment in Binance.
The House launched a formal probe into potential conflicts of interest and national security risks, focused on what it means for a foreign state official to own nearly half of a sitting US president’s crypto company, and for that company’s stablecoin to now sit at a $5 billion market cap and rising. On Saturday, UFC fighters collected their winnings in USD1 at the White House. The question Congress has formally committed to answering is who else profits when those payments settle.
Ethereum spot ETFs saw net outflows of $14.9072 million last week, marking the fifth consecutive week of net outflows.
According to SoSoValue data, Ethereum spot ETFs saw a net outflow of $14.91 million during the past trading week (June 8 to June 12, US Eastern Time).
The Ethereum spot ETF with the largest net outflow last week was Grayscale Ethereum Trust (ETHE), with a weekly net outflow of $17.42 million. Currently, ETHE’s total historical net outflow has reached $5.32 billion. Following that was Grayscale Ethereum Mini Trust (ETH), with a weekly net outflow of $10.94 million. Currently, ETH’s total historical net inflow has reached $1.86 billion.
The Ethereum spot ETF with the largest net inflow last week was Blackrock ETF (ETHB), with a weekly net inflow of $28.57 million. Currently, ETHB’s total historical net inflow has reached $562 million.
As of press time, the total net asset value of Ethereum spot ETFs is $9.16 billion, the ETF net asset ratio (market value as a percentage of Ethereum’s total market value) has reached 4.56%, and the cumulative historical net inflow has reached $11.19 billion.
[Foresight News]
Shanghai Stock Exchange: Trading of Invesco Great Wall Global Semiconductor Chip LOF and Caitong Multi-Strategy Fuxin Fund Suspended Until Market Close
The Shanghai Stock Exchange announced that trading of the Invesco Great Wall Global Semiconductor Chip Industry Equity Securities Investment Fund (QDII-LOF) and the Cai Tong Multi-Strategy Fu Xin Regularly Open Flexible Allocation Hybrid Securities Investment Fund (Initiated) will be suspended from intra-day trading on June 15 until market close.
[Jin Shi]
HYPE spot ETF saw net inflows of $5.8662 million last week
According to SoSoValue data, during the past trading week (June 8 to June 12, US Eastern Time), HYPE spot ETFs saw a net inflow of $5.8662 million.
The HYPE spot ETF with the largest net inflow last week was Bitwise ETF BHYP, with a weekly net inflow of $3.6164 million. Currently, BHYP’s total historical net inflow has reached $93.11 million.
Following that was Grayscale ETF HYPG, with a weekly net inflow of $2.2499 million. Currently, HYPG’s total historical net inflow has reached $6.95 million.
[PANews]
Institution: Central banks of multiple countries may be entering a synchronized interest rate hike cycle.
June 15th news, State Street Investment Management Company’s Asia-Pacific economist Krishna Bhimavarapu stated that supported by strengthening economic resilience and rising inflation, central banks may be entering a phase of synchronized interest rate hikes.
Bhimavarapu pointed out that the Bank of Japan appears ready to raise interest rates to the psychological key level of 1.0%, adding that the Bank of Japan may signal a second rate hike this year.
However, in contrast, the Reserve Bank of Australia seems poised to pause rate hikes as momentum in economic growth and the labor market has weakened. Nevertheless, inflation issues remain unresolved, which could leave room for at least one more rate hike later this year.
Furthermore, Bhimavarapu expects the Federal Reserve may pivot to a hawkish stance by the end of this week.
[PANews]
Bitget launches a futures trading speed contest with a total prize pool of 4,000 USDT.
Bitget has launched the “Dragon Boat Racing” Contract Speed Competition, running from June 15 to June 22, with a total prize pool of 30,800 USDT. The first 2,000 users who complete the designated trading tasks will receive early-bird USDT rewards on a first-come, first-served basis.
During the event, all users can participate in the leaderboard based on their total contract trading volume, with a maximum individual reward of 4,000 USDT; new users can also join an additional leaderboard, with a maximum individual reward of 1,600 USDT.
Additionally, users can unlock extra cash rewards by inviting friends to complete tasks such as registration, depositing funds, and executing contract trades. Full rules have been published on Bitget’s official platform—eligible users must click “Join Now” to complete registration before participating in the event.
[Odaily]
US CFTC considering blocking CME from launching 24/7 crude oil contracts
The U.S. Commodity Futures Trading Commission (CFTC) is considering whether to block the Chicago Mercantile Exchange Group’s (CME) application to launch round-the-clock crude oil contracts. A senior CFTC official stated that round-the-clock trading may not be suitable for crude oil, as it could exacerbate already extreme volatility during times of geopolitical tension.
The CME’s plan to launch 24/7 crude oil and gold futures contracts, announced last Thursday, caught the CFTC by surprise. The new crude oil contract will be one-tenth the size of the existing Micro WTI futures contract and is slated to go live on August 30, pending regulatory review.
A week earlier, the CME’s CEO had expressed “serious concerns” about the CFTC clearing the path for crypto perpetual contracts. The CFTC stated it would evaluate perpetual contract applications on a case-by-case basis, and that certain assets might not be suitable for the product.
[ChainCatcher]
Data: Bitcoin spot ETFs saw net outflows of $316 million last week, marking the fifth consecutive week of net outflows.
According to SoSoValue data, Bitcoin spot ETFs recorded a net outflow of $316 million last week (U.S. Eastern Time, June 8–12).
The Bitcoin spot ETF with the largest net outflow last week was BlackRock’s ETF IBIT, with a weekly net outflow of $355 million; IBIT’s cumulative net inflow to date stands at $62.11 billion. Next was Grayscale’s Bitcoin Trust GBTC, with a weekly net outflow of $879.14 million; GBTC’s cumulative net outflow to date stands at $26.85 billion.
The Bitcoin spot ETF with the largest net inflow last week was Fidelity’s ETF FBTC, with a weekly net inflow of $556.96 million; FBTC’s cumulative net inflow to date stands at $10.45 billion.
As of press time, the total net asset value (NAV) of Bitcoin spot ETFs stood at $79.65 billion, with the ETF net asset ratio (i.e., ETF market cap as a percentage of Bitcoin’s total market cap) reaching 6.26%; cumulative net inflows to date have reached $53.62 billion.
[ChainCatcher]
Today’s Market Pulse
Bitcoin and Ethereum ETFs suffered their fifth consecutive weekly outflows, while XRP and HYPE ETFs posted robust inflows—$10.68M and $5.87M respectively—signaling a pronounced capital rotation toward narrative-driven, high-beta assets amid macro uncertainty.
Key Themes
ETF Divergence and Liquidity Shifts
While IBIT lost $355M and GBTC bled $879M last week, FBTC became the sole bright spot with a $557M inflow. Ethereum’s ETHB (+$28.6M) offset broader outflows, but ETHE lost $17.4M. In stark contrast, Bitwise XRP ETF and Franklin Templeton XRPZ together pulled in $8.64M this week. Cumulative XRP ETF AUM now stands at $979M—1.39% of market cap—while ETFs have collectively attracted $1.44B in inflows. This reflects a growing appetite for clearer regulatory clarity and utility narratives—especially around Ripple’s RLUSD, which just launched with major exchange support and $750K in incentives at Gate.
Asia Strategy Deepens
a16z’s Seoul office launch underscores Silicon Valley’s pivot to Korean talent and infrastructure for crypto-AI convergence. The move follows Ripple’s RLUSD launch—another signal that Asia, especially Japan and Korea, is now central to stablecoin and CBDC interoperability strategies.
Quantum Risk: From Theory to Timetable
Google’s quantum paper downgraded Ethereum’s theoretical break point to 1,200 logical qubits, with a 2029 internal deadline. While still distant, this shifts the threat from theoretical to operational. Ethereum Foundation has responded with structured action: post-quantum research, the Poseidon Prize ($1M), and EIP-8141 for runtime-agnostic signature schemes. Crucially, no other major chain has a coordinated response—Bitcoin, Solana, and others remain exposed via legacy ECDSA.
Macro and Geopolitical Crosswinds
A U.S.-Iran deal won’t deter the Bank of Japan from its twice-yearly hike path, but could ease inflation pressures. The CFTC’s hesitation on CME’s 24/7 crude oil contracts—and potential crypto perpetuals block—highlights regulator discomfort with volatility amplification. Meanwhile, Trump’s USD1 stablecoin usage at UFC—with $5B+ market cap and UAE-linked ownership—intensifies scrutiny over sovereign-backed crypto influence.
RichSilo Verdict
Smart money should monitor three things: (1) whether XRP/HYPE inflows sustain as macro risk-off persists; (2) the pace of Ethereum’s post-quantum migration, especially ahead of Hegotá in H2 2026; and (3) RLUSD adoption, given Gate’s incentive engine and Ripple’s regulatory momentum. The Bitcoin outflow trend may ease only if spot demand decouples from ETF volatility—currently, FBTC is the outlier, not the trend.
