CoinShares: Digital Asset Investment Products Saw $1.9 Billion Net Inflows Last Week

On June 16th, the U.S. Securities and Exchange Commission (SEC) has verified the receipt of the filing for a Truth Social Spot Bitcoin ETF.

According to BlockBeats, on June 16th, OKX is going to list SPK (Spark) for spot trading.

On June 16th, according to TradingView data, TRX has achieved better performance year-to-date compared to ETH, SOL, and BNB. However, it lags behind Bitcoin. The year-to-date performance is approximately as follows: BTC: +12.77%; ETH: -22.53%; SOL: -20.91%; BNB: -7.40%; TRX: +9.82%.

On June 16th, OGN DAO made an announcement. A new governance proposal regarding the deployment of more than $3 million worth of DAO assets for an OGN buyback on the market was unanimously approved. Coupled with the previously passed proposal to allocate 100% of protocol revenue for OGN buybacks, this indicates a significant transformation in the value flow mechanism of the Origin Token. The DAO is intensifying its efforts to align product growth with the returns of token holders. It is ceasing token emissions and replacing them with real yields driven by protocol revenue and DAO-owned assets. In the next 12 months, more than $3 million worth of assets from the DAO treasury (based on the valuation at the time of writing) will be utilized for OGN buybacks on the market. These assets will initially be converted into Origin-owned assets like OUSD or OETH, which offer both stability and yield. This structure guarantees that treasury assets maintain their ability to appreciate while facili

On June 16th. Possibly due to the announcement that the "OGN DAO will repurchase more than $3 million worth of OGN," OGN briefly spiked by nearly 7% and then retreated. As a result, its market capitalization rose to $61.5 million.

On June 16, US stock Circle continued its upward trend. The gain widened to 22.62%. It is currently trading at $163.78, and its market capitalization is $36.461 billion, reaching a new all-time high.