S&P Global: Giant IPOs such as SpaceX will not be quickly added to the S&P 500 Index
S&P Global stated that it will maintain its existing eligibility requirements for major benchmark indices such as the S&P 500, rejecting proposals to expedite the rapid inclusion of mega-cap companies like SpaceX into the benchmark index after their IPO.
On Thursday, S&P Dow Jones Indices noted in a press release that it will not shorten the current 12-month “seasoning period” set for newly listed companies, nor will it waive existing profitability and public float requirements based on company size.
This means that SpaceX will not be eligible for inclusion in the S&P 500 until at least one year after its IPO, and it will still need to meet the index’s existing profitability and public float requirements, which stipulate that a company must be profitable on a GAAP basis in the most recent quarter and in the sum of the last four quarters, with a public float of no less than 50%.
[Odaily]
BitMart Futures will list SPCX (SpaceX)
According to an official announcement, BitMart Futures will launch the SPCXUSDT perpetual contract on June 5, 2026, at 18:00 (UTC+8), supporting up to 20x leverage.
[Odaily]
$1.89 billion notional value of Bitcoin options expires today, with market attention largely focused on U.S. equities.
Greeks.live posted on the X platform stating that Bitcoin options with a notional value of $1.89 billion are expiring today, with 25,600 BTC options expiring, a Put Call Ratio of 0.56, and a maximum pain point of $70,500, with a notional value of $1.62 billion; 155,000 ETH options are expiring, with a Put Call Ratio of 0.92, a maximum pain point of $2,000, and a notional value of $270 million.
Bitcoin experienced a sharp decline this week, once approaching $60,000. Due to the rapid pace of the decline, both BTC and ETH have moved further away from the “maximum pain point” support.
The poor market conditions have exacerbated the already low market attention. Only 6% of options are expiring this week, with market attention largely focused on US stocks.
[Odaily]
Jensen Huang: Robotics technology will become South Korea’s next major industry
Nvidia (NVDA.O) CEO Jensen Huang said that robotics will become South Korea’s next major industry.
He pointed out that robotics can be applied to South Korean industry, and chip manufacturing will become more automated.
[Odaily]
LayerZero will upgrade the default DVN configuration to 3-of-3 on July 9th and plans to deprecate v1 relayer.
LayerZero released an update announcement, planning to upgrade the default path configuration for Endpoint v1 and v2 on July 9th. Specifically, the default configuration for Endpoint v2 will be raised from 2-of-2 to a minimum of 3-of-3; the default library for Endpoint v1 will be switched from ULNv2 to ULNv301. This change will only affect applications using default settings and is expected to cause a brief interruption of approximately 15 minutes.
Additionally, LayerZero will deprecate the relayer serving v1 (ULNv2) on August 3rd. Teams using ULNv2 need to re-fix to ULNv301, otherwise message delivery will stop.
Regarding security clients, LayerZero will rename the original TypeScript version of Gasolina to Aegis and simultaneously launch the Rust version of the Veritas verification client. Both will run in parallel to enhance RPC consensus robustness. LayerZero also plans to upgrade all multi-sig thresholds to 5-of-7 in June and further increase them to 7-of-10 before the end of summer.
[Foresight News]
Hong Kong stock market’s AI application sector continues to decline
Hong Kong AI application stocks continue to fall, MINIMAX-W(00100.HK) fell by more than 13%, and Zhipu(02513.HK) fell by more than 9%.
Xun Ce(03317.HK), WeRide-W(00800.HK), and others followed the decline.
[Odaily]
Zhipu fell more than 9%, and the semiconductor and AI application sectors in the Hong Kong stock market continued to decline.
According to MSX.COM data, Hong Kong semiconductor stocks continued to decline, with Hua Hong Semiconductor falling by more than 7% and SMIC falling by more than 6%.
The AI application sector also continued to fall, with MINIMAX-W down more than 13% and Zhipu down more than 9%.
[Odaily]
Cloudflare CEO claims bot traffic has surpassed human traffic for the first time.
Matthew Prince, CEO of network infrastructure provider Cloudflare, stated in a post that Cloudflare Radar’s (Cloudflare’s global internet traffic monitoring service) real-time data over the past 7 days shows that bot traffic now accounts for 57.5% of all HTTP requests targeting HTML web content globally—surpassing human-initiated traffic (42.5%) for the first time. This shift occurred more than a year earlier than industry forecasts had predicted.
After the data was released, some netizens raised questions, noting that it remains difficult to distinguish whether requests originate directly from bots or from humans operating those bots. Additionally, not all bot traffic stems from AI agents; some originates from web crawlers or scripts. Furthermore, this statistic applies only to HTML webpage requests. When considering total internet bandwidth—including video streaming, social media infinite scrolling, and in-app APIs—human-initiated traffic still commands approximately 65% of the total, retaining its dominant position.
[Odaily]
o1.exchange to Hold TGE on June 17, Whitepaper Officially Released
Decentralized on-chain trading platform o1.exchange is set to hold its TGE on June 17. The project officially released its whitepaper on June 3, and SoSoValue has launched a dedicated project detail page where users can find more information.
Click to explore the full project details on SoSoValue.
Bitcoin spot ETFs saw a total net inflow of $3.0468 million yesterday, marking the first net inflow after 13 consecutive days of net outflows.
According to SoSoValue data, the total net inflow for Bitcoin spot ETFs yesterday (June 4, U.S. Eastern Time) was $3.0468 million.
The Bitcoin spot ETF with the highest single-day net inflow yesterday was BlackRock’s ETF IBIT, which recorded a single-day net inflow of $47.6599 million; IBIT’s cumulative historical net inflow now stands at $6.2683 billion.
Next was Morgan Stanley’s ETF MSBT, with a single-day net inflow of $9.8652 million; MSBT’s cumulative historical net inflow currently totals $264 million.
The Bitcoin spot ETF with the largest single-day net outflow yesterday was ARKB, the ETF jointly launched by Ark Invest and 21Shares, which saw a single-day net outflow of $20.7186 million; ARKB’s cumulative historical net inflow now stands at $1.208 billion.
As of press time, the total net asset value (NAV) of Bitcoin spot ETFs is $80.399 billion, the ETF net asset ratio (i.e., ETF market cap as a percentage of Bitcoin’s total market cap) is 6.3%, and the cumulative historical net inflow has reached $54.266 billion.
[Odaily]
Data: Bitcoin spot ETF had a total net inflow of $3.0468 million yesterday, marking the first net inflow after 13 consecutive days of net outflow.
According to SoSoValue data, the total net inflow for Bitcoin spot ETFs yesterday (June 4, Eastern Time) was $3.0468 million.
The Bitcoin spot ETF with the highest single-day net inflow yesterday was BlackRock’s ETF IBIT, with a single-day net inflow of $47.6599 million; IBIT’s cumulative historical net inflow currently stands at $6.2683 billion. Next was Morgan Stanley’s ETF MSBT, with a single-day net inflow of $9.8652 million; MSBT’s cumulative historical net inflow currently stands at $264 million.
The Bitcoin spot ETF with the highest single-day net outflow yesterday was ARKB, the ETF jointly launched by Ark Invest and 21Shares, with a single-day net outflow of $20.7186 million; ARKB’s cumulative historical net inflow currently stands at $1.208 billion.
As of press time, the total net asset value (NAV) of Bitcoin spot ETFs stood at $8.0399 billion, the ETF net asset ratio (i.e., ETF market cap as a percentage of Bitcoin’s total market cap) reached 6.3%, and the cumulative historical net inflow has reached $5.4266 billion.
[ChainCatcher]
The combined trading volume of the Shanghai and Shenzhen stock exchanges has exceeded RMB 2 trillion for the 40th consecutive trading day.
According to MSX.COM data, the turnover in the Shanghai and Shenzhen markets has exceeded 2 trillion yuan for the 40th consecutive trading day, an increase of over 160 billion yuan compared to the same time the previous day. The total turnover for the day is expected to be close to 3 trillion yuan.
[Odaily]
SK Hynix’s stock price continued its decline, falling nearly 8%; Samsung Electronics fell 4.8%.
According to Gate data, SK Hynix’s stock price continued its decline, falling nearly 8%; Samsung Electronics fell 4.8%.
[Odaily]
Shadow Peptide Economy Tops $100 Million Run Rate on Crypto Rails
The on-chain market for gray-market peptides has crossed a $100 million annual run rate, after crypto inflows jumped 159% quarter-over-quarter in early 2026. Inflows climbed from $12 million to $32 million in the first quarter alone. That capped six straight quarters of growth for a trade that once moved barely $1 million every three months.
Gray-market peptides are unbranded, unregulated versions of compounds found in weight-loss and cosmetic drugs. Overseas suppliers sell them directly to buyers at a fraction of pharmacy prices. Banks and card processors generally refuse to handle these sales. As a result, the trade has pivoted to cryptocurrency. For most of 2024, inflows hovered near $1 million per quarter. The market then began a sustained climb that has not reversed since.
Chainalysis noted that vendors that grow from small-scale operators into major market players tend to adopt a more sophisticated approach to managing crypto funds. Rather than holding a wide range of volatile digital assets, leading vendors primarily rely on Bitcoin (BTC) and stablecoins for transactions.
The trend is even more evident among wholesale sellers. Vendors receiving average deposits of $1,000 or more overwhelmingly favor stablecoins. That choice points to deliberate risk management. Stablecoins shield large supply-chain orders from sudden swings in broader crypto prices. Stablecoin adoption signals a professionalizing shadow economy, not one that is slowing. The coming quarters will test whether the $100 million pace holds amid growing scrutiny.
[Chainalysis]
Huawei Cloud Launches New Agentic AI Product Series
On June 5, according to JINSHI News, Huawei Cloud’s INSPIRE Innovators Conference opened at the West Bund International Exhibition & Convention Center in Shanghai.
At this new product launch event, Huawei Cloud officially introduced the Agentic Infra new paradigm and unveiled a series of Agentic AI products, including the Agentic Infra Unified Intelligence Infrastructure, a next-generation model training and inference platform, and an enterprise-grade intelligent agent platform.
[PANews]
The first non-farm payroll report of the “Wash era” will be released tonight at 20:30, and market volatility is expected to be significant.
The US May non-farm payrolls report will be released tonight at 20:30. The market expects a slight pullback. This is the first non-farm report since the new Federal Reserve Chairman Worsh took office, and his policy stance will face its first substantive test.
Previously, the “mini non-farm” data unexpectedly exceeded expectations, highlighting strong resilience. Meanwhile, the prospects for a US-Iran peace agreement remain unclear, and geopolitical uncertainty has not dissipated.
Significant market volatility is expected at that time, please pay attention to the risks.
[JIN10]
Today’s Market Pulse
The crypto market is showing signs of rebalancing after Bitcoin ETFs reversed 13 days of outflows, while blockchain protocols upgrade security configurations and traditional tech firms navigate AI adoption challenges.
Key Themes
ETF Reversal and Options Expiry
Bitcoin spot ETFs recorded their first net inflow in two weeks, suggesting potential stabilization after recent outflows. This coincides with $1.89 billion in options set to expire today with a maximum pain point at $70,500, creating near-term volatility catalysts that savvy traders should monitor for directional signals.
Infrastructure Security Upgrades
LayerZero is implementing significant security enhancements by upgrading its default configuration to 3-of-3 and deprecating older versions. These protocol-level improvements reflect the maturation of blockchain infrastructure, potentially boosting institutional confidence while temporarily creating integration complexities for dependent applications.
Traditional-Crypto Convergence Challenges
The rejection of SpaceX‘s expedited inclusion into the S&P 500 highlights traditional finance’s cautious approach to mega-cap companies, even as BitMart moves to list SpaceX derivatives. This dichotomy underscores the evolving relationship between traditional and crypto markets, with significant implications for asset allocation strategies.
AI and Automation Narrative
NVIDIA‘s CEO identifies robotics as South Korea’s next major industry, while Cloudflare reports bot traffic has surpassed human traffic for the first time. These developments, coupled with Huawei Cloud‘s new Agentic AI products, signal accelerating automation trends that could reshape multiple sectors, though Hong Kong AI stocks are currently experiencing corrections.
RichSilo Verdict
Smart money should watch the ETF inflow sustainability and options expiration dynamics for immediate directional clues, while monitoring institutional adoption patterns of blockchain infrastructure upgrades. The SpaceX derivative listing represents an interesting experiment in bridging traditional finance with private market exposure, though regulatory hurdles remain significant. Near-term catalysts include the US non-farm payrolls report and potential follow-through in ETF flows, with LayerZero’s security upgrades potentially setting standards for the broader ecosystem.
