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Crypto

XRP spot ETF draws $1.43 billion in bear market, contrasting with bitcoin and ethereum

XRP spot exchange-traded funds have continued to draw money even as prices fall, showing a steadier pattern than bitcoin and ethereum spot ETFs. Bloomberg ETF analyst James Seyffart said XRP and Solana spot ETFs held up better than expected despite launching in late October 2025 as the crypto market turned down. Data showed $1.19 million of net inflows in a day and cumulative net inflows of about $1.43 billion since November 2025.

Crypto

BlackRock\'s BITA listing seen ahead as fee set at 0.65 percent, rivalry with Goldman Sachs bitcoin spot ETF emerges

BlackRock has set the fee for its bitcoin premium income exchange-traded fund, BITA, at 0.65 percent ahead of a planned Nasdaq listing. CoinPost reported that BlackRock filed a fourth amended registration statement with the U.S. Securities and Exchange Commission on June 10. Bloomberg ETF analyst Eric Balchunas said the fee is below two large covered-call bitcoin spot ETFs. He also said BITA appears close to launch, as competition with Goldman Sachs intensifies.

Industry

With 3 million won, retail investors can buy SpaceX shares; five cautions for overseas stock buyers

SpaceX plans to sharply expand the portion of IPO shares allocated to retail investors, potentially up to 30 percent, Bloomberg reported. Subscriptions will be taken through brokers including Charles Schwab, Fidelity and Robinhood, with Fidelity allowing accounts with at least $2,000. The article flags potential oversubscription, post-listing volatility, restrictions on quick resale, historical limits of first-day gains, the company’s debt and losses, concentrated voting control by Elon Musk, and possible ticker confusion with Virgin Galactic.