Coinbase Bitcoin Premium Index briefly turns positive this week before turning negative again

On June 19th, Snap announced it will spin off its in-house Generative AI Video team into an independent company called Dotmo, which will focus on developing AI models for interactive gaming experiences. One key reason behind this internal spin-off is the high R&D costs Snap has been incurring internally. While Dotmo will operate as a technically separate entity, it will remain closely connected to Snapchat. For instance, Snap will provide Dotmo with technical licensing, allowing the new company to apply this related technology to gaming and interactive entertainment platforms. Additionally, Dotmo’s initial team will be composed of existing Snap employees who are leaving the company to launch this new venture. Click the original article link below to join BlockBeats Beating’s Feishu AI News Channel, which monitors global AI trends and news around the clock.

On June 19, Franklin Templeton filed an application with the U.S. Securities and Exchange Commission (SEC) to launch two exchange-traded funds (ETFs) that will automatically reinvest stock dividends into Bitcoin. Named the Franklin US Equity Bitcoin DRIP Index ETF and Franklin US Innovation Bitcoin DRIP Index ETF, the funds are expected to launch no earlier than September 1, 2026. These ETFs will track the VettaFi US Large-Cap 500 Bitcoin DRIP Index and related innovation indices. Their initial asset mix consists of 95% U.S. large-cap stocks with a 5% Bitcoin overlay. During quarterly rebalancing, if Bitcoin allocation exceeds 5%, it will be adjusted to 4.5%. The maximum allowed Bitcoin exposure for the funds will not exceed 20%, and Bitcoin exposure will be accessed via instruments including spot Bitcoin ETPs, futures, and options.

Per Onchain Lens monitoring, on June 19, Arthur Hayes, co-founder of BitMEX, transferred a total of 6000 ETH (valued at around $10.14 million) to FalconX and Galaxy Digital.

June 19 (Xinhua) — Maritime data firm AXS Shipping reported on the 19th that a total of 25 merchant ships crossed the Strait of Hormuz on the 18th, marking the highest single-day traffic since mid-April.

June 19 — A Bank of America strategist said U.S. stocks attracted record inflows last week, as investors poured into the technology sector. The team led by Michael Hartnett cited data from EPFR Global in a report, pointing out that during the week ending June 17, U.S. stock funds pulled in a record $119.2 billion. They noted that, on an annualized basis, U.S. stock funds are projected to take in a record $739 billion in 2026.

June 19 – Glassnode reports that Bitcoin (BTC) has pulled back to a key support zone after retesting its February low. Options market data shows that even as BTC’s price nears a critical level, implied volatility has dropped sharply from recent highs, with 1-week implied volatility slumping from roughly 60% to 35%. The broader volatility curve has trended lower in lockstep, signaling a notable cooling in the market’s pricing of future uncertainty. Meanwhile, the 25-delta skew has retreated from extreme levels hit during June’s sell-off, with demand for short-term downside protection softening somewhat and panic-driven hedging sentiment showing signs of weakening. That said, structural defensive positions still dominate the market. Data indicates short-term options continue to lean toward downside protection: bearish options trading volume accounted for approximately 28% of activity over the past week, a figure significantly higher than the 24.1% long-position buy ratio. Additionally,