US spot Bitcoin ETFs saw $1.72 billion in net weekly outflows, the biggest pullback since February 2025. BlackRock's IBIT alone lost $1.34 billion, its worst week since launch.
Bitcoin is trading just under $80,400 as markets weigh stronger US jobs data, White House comments on rates, and fresh uncertainty tied to US-Iran developments.
Ripple Markets UK Ltd has secured both an EMI license and cryptoasset registration from the UK FCA, allowing regulated e-money and crypto services in Britain. XRP traded near $2.08 after the update.
US spot Bitcoin ETFs logged their longest outflow streak on record in late May 2026, with about $2.8 billion leaving the sector. BlackRock’s IBIT accounted for roughly $2.04 billion, and a major dark-pool trade pointed to institutional rebalancing.
Shibburn data showed 37.52 million SHIB were burned over seven days, lifting the weekly burn rate by 491%, yet SHIB still fell to $0.0000044 as selling pressure and defensive derivatives positioning persisted.
Bitcoin has rebounded toward $63,000, but altcoins are moving on token-specific catalysts. Cash Cat surged 1,193% on Robinhood Chain hype, while EVAA and Zcash also gained. On the downside, LAB plunged 76.7% amid insider supply allegations and a large token unlock.
ADP data shows U.S. private sector added just 62,000 jobs in March 2026, down from 66,000 in February and far below the long-term monthly average of 143,520, indicating a sustained slowdown.
AI replacement of human workers is accelerating. Over 90,000 people have been laid off due to AI since 2025, per The Alliance for Secure AI. CEO calls for political action; MIT predicts 11% US jobs at risk.
