Capital rotates: Spot bitcoin ETFs log $4.5B June outflows, worst month since launch

Spot bitcoin ETFs saw $4.5B in June outflows—their weakest month since launch—as investors rotated amid macro uncertainty and SpaceX’s historic IPO. Here’s what that really signals.

Trump’s 2025 Ethics Filing Flags $1.2B in Crypto Income and $50M+ in Bitcoin, With Meme Coin Royalties Dominating

Trump’s latest ethics filing shows over $1.2B from crypto ventures, $50M+ in Bitcoin, and major meme coin royalties—fueling fresh scrutiny as the Clarity Act hangs in the Senate.

TD Cowen cuts Strategy price target to $260 on softer bitcoin path, sees new capital plan as constructive

TD Cowen lowers Strategy’s price target to $260 from $400 on a reduced bitcoin forecast but calls the company’s revamped capital framework “constructive.”

Saylor’s Strategy Swaps “Never Sell” for Optionality: Bitcoin Monetization, Buybacks, and a Real Treasury War Chest

Michael Saylor’s Strategy pivots from perpetual accumulation to active capital management with a $1.25B BTC monetization plan, $2B buybacks, and 17 months of cash coverage.

TD Cowen Cuts Strategy (MSTR) Target 35% as Bitcoin Slide Tests New Capital Playbook

TD Cowen trims Strategy’s target to $260 and lowers its year-end Bitcoin view, while the firm unveils a cash-first framework, flexible BTC monetization, and two-way buyback authority.

Bitcoin steadies near $60K as U.S. spot ETF outflows reach $1.79B and rate-hike odds rise

Bitcoin hovers around $60,000 while U.S. spot ETFs see $1.79B in weekly outflows amid rising Fed hike bets and an AI-led risk-off. Here’s the key flow dynamic to watch.

Strategy halts BTC accumulation, launches $1B digital credit buyback as cash reserves top $2.5B

Strategy pauses bitcoin purchases, unveils a $1B digital credit repurchase plan, and grows USD reserves above $2.5B while holding 847,363 BTC worth about $51B.

MSTR and STRC rebound as Saylor rolls out buybacks and a tighter capital playbook

After a steep slide, MSTR and STRC bounced as bitcoin steadied and Saylor introduced a fresh buyback program and capital framework designed to re-anchor investor confidence.

Arkham rolls out Elo-based leaderboard for prediction market traders; ‘GardenerCx’ tops with 64.3% win rate over 2,644 BTC bets

Arkham launches an Elo-style ranking for prediction market traders. Top spot: “GardenerCx” with a 64.3% hit rate across 2,644 bitcoin up/down wagers. Here’s what that really signals.

Strategy Ends 9-Day Slide as New Bitcoin Capital Playbook Reassures Investors

Strategy jumps 12.6% after unveiling a rules-based BTC monetization plan, bolstering a $2.55B USD Reserve and lifting Stretch (STRC) yield to 12%, even as shares sit 42% below last month.