Here’s what happened in crypto today
Key Takeaways
- President Donald Trump defended earning roughly $1.4 billion from crypto ventures during his time in office, according to Cointelegraph, after new financial disclosures reignited conflict-of-interest concerns.
- US-listed spot Bitcoin ETFs recorded $221.7 million in net inflows on Thursday, according to Cointelegraph, ending a 10-day streak of outflows that totaled more than $2.7 billion.
- Tokenization platform Securitize debuted on the NYSE under the ticker SECZ and simultaneously launched tokenized versions of its shares on the Solana and Avalanche blockchains, Cointelegraph reported.
Trump’s Crypto Earnings Reignite Conflict-of-Interest Debate
According to Cointelegraph, President Donald Trump publicly defended earning approximately $1.4 billion from crypto-related ventures while serving in office, stating there was “nothing wrong” with the profits after his latest financial disclosure became public. The filing reportedly shows that crypto made up the majority of Trump’s more than $2 billion in reported 2025 income, with hundreds of millions of dollars tied to his TRUMP memecoin, the World Liberty Financial project, and a stablecoin venture, Cointelegraph noted.
The timing of the disclosure is notable because Congress is currently debating major crypto legislation, including the CLARITY Act, according to Cointelegraph. Critics have renewed arguments that a sitting president who personally profits from crypto ventures could have a direct financial stake in how digital asset rules are written. Trump dismissed these concerns, saying, as reported by Cointelegraph, that other parties manage his investments and that he is not personally involved in day-to-day decisions.
Cointelegraph also highlighted a broader trend of political spending in the industry, noting that crypto companies have reportedly funneled roughly $189 million into the 2026 election cycle in an effort to shape regulatory outcomes. For everyday crypto users, this matters because the rules eventually adopted by Congress could determine how exchanges, stablecoin issuers and token projects are allowed to operate in the United States, directly affecting which products are accessible and how they are taxed or regulated.
Bitcoin ETF Flows Turn Positive After Weeks of Withdrawals
Cointelegraph reported that US spot Bitcoin ETFs logged their strongest single-day inflow since early May, pulling in $221.7 million on Thursday according to SoSoValue data cited by Cointelegraph. This ended a 10-day run of consistent outflows that had totaled more than $2.7 billion, marking a shift after what Cointelegraph described as one of the weakest periods for these funds this year. June alone saw a record $4.5 billion in net outflows from the sector, per the same data.
The rebound in ETF demand coincided with Bitcoin climbing back above the $61,000 mark after briefly dipping below $59,000, Cointelegraph noted. Bitwise chief investment officer Matt Hougan was cited as suggesting the market could be approaching a bottom. At the same time, Cointelegraph pointed to the Fear & Greed Index from Alternative.me registering an “extreme fear” reading on Friday, underscoring that sentiment remains cautious even as fund flows improved.
For retail investors, ETF flow data offers a window into institutional appetite for Bitcoin exposure without directly holding the asset. A single day of strong inflows does not necessarily signal a durable trend reversal, but combined with a rebound in Bitcoin’s price and Hougan’s bottom-forming remark as reported by Cointelegraph, it does suggest that some large investors saw the recent pullback as an entry point rather than a reason to keep retreating.
Securitize’s NYSE Listing Brings Tokenized Shares to Two Blockchains
Tokenization platform Securitize began trading on the New York Stock Exchange under the ticker SECZ on Thursday, Cointelegraph reported, after completing a merger with a special-purpose acquisition company backed by Cantor Fitzgerald. The company, which counts BlackRock and Morgan Stanley among its backers according to Cointelegraph, saw its shares rally on debut.
Alongside the listing, Securitize simultaneously rolled out tokenized versions of its own shares on the Solana and Avalanche blockchains, making them available to eligible US investors through its platform, Cointelegraph noted. This is reportedly the first instance of a newly public company offering tokenized stock alongside its traditional listing, a step that Cointelegraph described as drawing growing institutional interest because of the potential for deeper liquidity and extended trading hours beyond normal market sessions.
Cointelegraph also noted that Securitize has built an early lead in institutional tokenization, having partnered with the NYSE in March to help build assets for the exchange’s forthcoming tokenized securities platform. For everyday users, this development illustrates how traditional equity markets and blockchain infrastructure are beginning to merge in practice rather than just in concept, though it remains to be seen how widely such tokenized share structures will be adopted by other public companies.
Hype Check
Claim: Bitcoin ETF inflows and Securitize’s tokenized NYSE debut signal that institutional confidence in crypto is roaring back. Reality: Cointelegraph’s figures show a single strong inflow day of $221.7 million following more than $2.7 billion in prior outflows, and a positive but isolated stock debut for one tokenization firm, all while broader market sentiment sits at “extreme fear” per the Fear & Greed Index. Verdict: Mix
Source
Researched with AI assistance, fact-checked and edited by a human. Not financial advice.