Bitcoin spot ETFs recorded $222.64 million in net outflows, with BlackRock’s IBIT seeing the largest withdrawal at $212.45 million
The FCA published its final crypto rulebook, introducing licensing, custody standards, market-abuse rules, disclosure norms and prudential requirements
Hackers stole $75.87 million from crypto platforms across 40 incidents in June
The crypto market saw major developments as Bitcoin spot ETFs reported $222.64 million in net outflows, while the UK FCA published the final crypto rulebook. Meanwhile, in June, hackers stole $75.87 million from crypto platforms and Binance got hit with a $200 million class action lawsuit in London.
According to SoSoValue, the Bitcoin ETFs saw a total net outflow of $222.64 million yesterday.
The Bitcoin Spot ETF with the largest net outflow yesterday was BlackRock's ETF IBIT, with a daily net outflow of $212.45 million, and the total historical net inflow of IBIT currently stands at $60.25 billion.
The second highest was Fidelity's ETF FBTC, with a daily net outflow of $10.20 million, and the total historical net inflow of FBTC currently stands at $10.13 billion.
The total net asset value of Bitcoin Spot ETFs is $70.95 billion, with an ETF net asset ratio of 6.02%. The historical cumulative net inflow has reached $51.15 billion.
CryptoQuant CEO Ki Young Ju posted on X, stating that Bitcoin is likely to see another parabolic surge. Although capital efficiency is declining, a net capital inflow of just $2.7 billion in 2011 drove a 55,436% increase, while $697 billion in this cycle has only brought a 689% return.
He believes the next parabolic bull run requires deeper institutional allocation, and Bitcoin must become a core macro asset, rather than just an ETF product driven by retail investors.
Ki Young Ju stated that this shift is still in its early stages and has not yet been invalidated. If Bitcoin can absorb over $1 trillion in realized market cap, another parabolic surge is still possible.
Also Read: Bitcoin and Gold Face Unusual Decline as Investors Face New Market Pressures
The UK's Financial Conduct Authority has finalized a broad crypto rulebook, the framework, published June 30, introduces mandatory licensing, custody standards, market-abuse protections, disclosure requirements and prudential rules.
Firms seeking to carry out regulated crypto activities in the UK will need FCA approval. Applications open on September 30, 2026, and close on February 28, 2027, with the regime expected to take effect on October 25, 2027.
The major change is the reduction in the capital requirement for non-systemic stablecoin issuers from a proposed 2% to 1% of the total value issued.
The UK's stablecoin framework now operates on two tracks. The FCA supervises most qualifying stablecoin issuers and cryptoasset custodians. The Bank of England handles systemic stablecoins.
Crypto platforms lost roughly $75.87 million to 40 hacks in June 2026, according to security firm PeckShield.
According to PeckShield, June’s figure marks a 7.13% decline from May’s $81.7 million. The Humanity Protocol breach was headlined in June with over $30 million in losses.
Attackers compromised private keys that had been backed up to a malware-infected developer machine. According to Quantstamp, the attacker relied on tooling and techniques commonly associated with North Korean hacking groups.
The exploiter has since laundered proceeds across multiple networks, including Bitcoin (BTC), Solana (SOL), Hyperliquid (HYPE), and BNB Chain.
Around 1,700 British investors filed a class-action lawsuit before the High Court in London against Binance and its co-founder Changpeng Zhao.
The plaintiff group demands $200 million for losses suffered given the trading of allegedly unauthorized derivative products. The case was officially filed on Tuesday, June 30.
The traders argue that Binance had promoted high-risk leveraged products since late 2019 without having the corresponding regulatory permissions.
According to the report by the law firm KP Law, which represents those affected, many of the clients involved were everyday citizens who invested their life savings and suffered losses of tens of thousands of pounds.
Also Read: SharpLink Purchases $62M in Ethereum Following Eight-Month Hiatus
1. How much outflow did Bitcoin spot ETFs record?
According to SoSoValue, Bitcoin spot ETFs saw total net outflows of $222.64 million yesterday.
BlackRock’s IBIT led the withdrawals with $212.45 million in daily outflows.
2. What did the CryptoQuant CEO say about Bitcoin?
CryptoQuant CEO Ki Young Ju said Bitcoin could still see another parabolic surge if institutional allocation deepens. He believes Bitcoin needs to become a core macro asset and absorb over $1 trillion in realized market cap.
3. What is included in the UK FCA crypto rulebook?
The FCA rulebook includes mandatory licensing, custody standards, market-abuse protections, disclosure rules and prudential norms. Applications for regulated crypto activities will open on September 30, 2026, and close on February 28, 2027.
4. How much did crypto platforms lose to hacks in June?
According to PeckShield, crypto platforms lost around $75.87 million across 40 hacks in June 2026. The figure was 7.13% lower than May’s $81.7 million, with the Humanity Protocol breach accounting for over $30 million.
5. Why is Binance facing a $200 million lawsuit?
Around 1,700 British investors filed a class-action lawsuit against Binance and Changpeng Zhao in London. The investors claim they suffered losses from allegedly unauthorized high-risk derivative products promoted since late 2019.
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