U.S. spot Bitcoin ETFs have now posted 12 consecutive days of net outflows, with $3.97 billion in BTC liquidated over that span. IBIT accounted for about $2.939 billion of the withdrawals, while FBTC saw nearly $403 million in outflows, as BTC traded at $67,260 after falling nearly 15% over 30 days.

A UK House of Lords Financial Services Regulation Committee report said Britain is falling behind the U.S. and EU on stablecoin regulation and urged the Bank of England and the FCA to adjust proposals it says could hinder market development. The panel highlighted the BoE's proposed £20,000 individual holding cap and a requirement for systemic issuers to keep at least 40% of backing assets in unremunerated central bank deposits, while also questioning the FCA's volume-based k-factor capital approach.

Payward, the parent of Kraken, says it will roll out a way for Kraken users and selected xStocks partners to access tokenized allocations of U.S.-listed IPOs at the offering price in the coming weeks. Users will be able to submit a pre-listing indication of interest, then receive tokenized shares on listing day, with the tokens backed 1:1 by the underlying stock.

Ledger's Donjon security team demonstrated a lab laser technique that can bypass firmware verification on the TROPIC01 chip used in the Trezor Safe 7. Trezor says user funds, backups and private keys are not stored on that chip, and no user action is required. Tropic Square also reported a separate potential issue tied to the chip's MAC-and-Destroy mechanism, with a hardened revision targeted for late 2026 and fuller publication planned for spring 2027.

Strategy sold 32 BTC on June 3, 2026 for about $2.5M, a small transaction that coincided with a sharp market reaction as Bitcoin fell 3.1% to $65,391. Over the same period, nearly $4Bn was pulled from US-listed Bitcoin ETFs across the next 12 sessions, and total crypto market value was said to be down roughly $160Bn within the week. The episode revived debate over whether the sale signals a change in stance or routine treasury management.

DXC Technology has launched its cloud-native DXC CoreIgnite platform and named Ripple as one of its pre-integrated partners, positioning the blockchain firm inside a banking-focused ecosystem. DXC said the platform is built to help financial institutions access payments, embedded finance, and digital asset services without replacing existing core banking systems. XRP was listed at $1.24 on June 3, down 1.8% in 24 hours, down 6.7% over seven days, and down 12.6% over the month.

Ethereum (ETH) has drifted toward its February low near $1,700 after a broad crypto sell-off pushed the price below $1,900. Some analysts say the current downside risk does not change their longer-term view, pointing to institutional activity and supply trends such as staking and declining exchange balances. Recent data also showed sharp deleveraging, with heavy liquidations reported on June 3.

Simultaneous wars in Ukraine and Iran have tightened tungsten availability for U.S. munitions and industrial uses, with effects expected to persist even if shipping routes normalize. China controls up to 80% of global tungsten supply and tightened exports in February 2025, while projects such as Cove Kaz Capital's Kazakhstan mine and Almonty's Sangdong restart in South Korea are positioned as alternative sources amid rising U.S. demand into the 2030s.