Spot Bitcoin ETFs recorded $469.08 million in net outflows, led by BlackRock's IBIT, reflecting continued institutional caution
SHIB exchange reserves surged to 80.5 trillion tokens, while net inflows reached 749.8 billion SHIB, increasing selling pressure
SBI announced a ¥46.7 billion ($289 million) Bitbank acquisition as Indonesia introduced mandatory certification rules for crypto influencers
The crypto market is seeing major developments as spot Bitcoin ETFs reported $469.08 million in net outflows, while SHIB exchange reserves went up to 80.5 trillion tokens.SBI Group said it plans to grab Bitbank for ¥46.7 billion (about $289 million), and $10 billion worth of Bitcoin options are set to expire this week.
According to SoSoValue, the Bitcoin spot ETF saw a total net outflow of $469.08 million yesterday.
The Bitcoin Spot ETF with the highest net inflow yesterday was Grayscale Bitcoin Mini Trust ETF BTC, with a daily net inflow of $23.56 million, and the total historical net inflow of $BTC currently stands at $2.38 billion.
The Bitcoin Spot ETF with the highest net outflow yesterday was BlackRock's ETF IBIT, with a daily net outflow of $239.29 million, and the total historical net inflow of IBIT currently stands at $61.48 billion.
The total net asset value of Bitcoin Spot ETFs is $73.87 billion, with an ETF net asset ratio of 6.04%. The historical cumulative net inflow has reached $52.75 billion.
The SHIB market is experiencing a drastic shift in investor sentiment, interrupting an accumulation trend that had extended for several months. Large holders of the asset began transferring their funds to centralized trading platforms.
CryptoQuant data reveals that the Exchange Reserve indicator, which measures the total volume of coins deposited in exchange wallets, surged over a few days to reach 80.5 trillion SHIB.
This sudden expansion of available supply had a direct and immediate impact on the token’s valuation. The price of the Shiba Inu ecosystem cryptocurrency dropped toward the local level of $0.0000044.
CryptoQuant’s Netflow chart details that the daily net flow into exchange platforms moved into green territory, reaching 749.8 billion SHIB tokens.
Also Read: Bitcoin Price Climbs Back to $61,767 as Crypto Market Shows Fresh Strength
SBI Group announced the acquisition of Japanese cryptocurrency exchange Bitbank for ¥46.7 billion (approximately US$289 million). Through this acquisition, SBI’s cryptocurrency custody balance is expected to exceed ¥1 trillion (approximately US$6.2 billion), making it the largest crypto business in Japan.
A subsidiary of SBI Holdings will acquire Bitbank’s shares from its founders and other individual shareholders in August.
Combining account data from SBI VC Trade (as of April), the merged entity will have approximately 2.92 million total accounts and combined custodied assets of approximately ¥1.1 trillion.
On June 25, according to Bloomberg, Deribit will see approximately $10 billion in notional value of Bitcoin options expire on Friday, accounting for roughly 37% of the current total open interest.
The put-to-call ratio stands at 0.83, indicating that bullish bets still predominate; however, most call options are currently out-of-the-money, while puts are concentrated in the $60,000-$65,000 and $70,000-$75,000 ranges, suggesting that bearish positions are more likely to profit.
Jean-David Pequignot, Deribit’s Chief Business Officer, stated that this is an options portfolio positioned for higher prices in the medium term, now undergoing a test amid falling spot prices.
Indonesia has introduced mandatory certification requirements for social media influencers who promote cryptocurrencies.
Indonesia’s Financial Services Authority has issued Financial Services Authority Regulation No. 6 of 2026, requiring individuals who recommend cryptocurrencies and other digital financial assets to obtain competency certification unless they already hold a separate license that covers the activity.
The regulation, announced on Wednesday, also limits influencers to promoting only digital assets listed on authorized exchanges.
Any digital asset service provider featured in promotional content must hold the necessary regulatory license. As per the directive, marketing campaigns must be carried out through regulated financial services businesses, which remain responsible for the promotional material.
Also Read: Ethereum News Today: ETH Foundation Cuts 54 Jobs as Restructuring Plan Trims 20% of Workforce
Large institutional investors continued reducing exposure to spot Bitcoin ETFs amid market uncertainty. BlackRock's IBIT alone accounted for $239.29 million of the total outflows, highlighting cautious investor sentiment.
An increase in exchange reserves generally indicates that investors are moving tokens to exchanges for potential selling. SHIB reserves climbed to 80.5 trillion tokens, while daily exchange inflows reached 749.8 billion SHIB, increasing bearish pressure.
SBI Group's ¥46.7 billion ($289 million) acquisition of Bitbank will create Japan's largest crypto business, with approximately 2.92 million accounts and over ¥1.1 trillion in crypto assets under custody.
Around 37% of Deribit's total Bitcoin options open interest is expiring, which could increase short-term volatility. Although the put-to-call ratio stands at 0.83, many bullish call options remain out of the money.
Indonesia now requires crypto influencers to obtain competency certification before promoting digital assets. They can only promote cryptocurrencies listed on authorized exchanges, while all promotional campaigns must be conducted through licensed financial service providers.
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