Nakamoto, a Nasdaq-listed company focused on bitcoin, has sold a portion of its BTC holdings, used proceeds to pay down debt, and authorized a share buyback program.

JPMorgan says investor demand for Bitcoin (BTC) and gold as inflation hedges is losing steam, citing market data that point to easing buying pressure in both assets. The bank's analysis, reported by The Block, notes continued withdrawals from gold exchange-traded funds (ETFs). Bitcoin spot ETFs have also posted net outflows for four straight weeks. In derivatives markets, institutional participants have been cutting futures exposure to both BTC and gold, reinforcing the view that investors are stepping back from these perceived safe-haven trades. JPMorgan attributes the earlier upswing in interest to a mix of geopolitical risk, stubborn inflation, rising government debt, and concerns about U.S. dollar devaluation. It says the boost from those catalysts has now largely faded. For crypto, the bank cautions that a second-half rebound is not assured. It argues that a sustained recovery would require key uncertainties to be resolved, including clearer visibility into the sources of dividends for companies that hold digital assets on their balance sheets, as well as progress on U.S. regulation. JPMorgan specifically points to the proposed U.S. CLARITY Act, which aims to establish a more defined regulatory framework for cryptocurrencies. For investors, the report challenges the assumption that Bitcoin and gold will consistently function as reliable inflation hedges in the current environment. JPMorgan highlights institutional de-risking and persistent ETF outflows as signs that market expectations may be resetting. In the months ahead, it says attention should remain on ETF flow trends, institutional positioning, and developments around U.S. crypto legislation, including the CLARITY Act. Disclaimer: This information is not trading advice. Bitcoinworld.co.in accepts no liability for investments made based on this page. Investors are urged to conduct independent research and/or consult a qualified professional before making investment decisions.

BlackRock has made what appears to be its final SEC filing change for a yield-focused Bitcoin ETF, signaling a potential imminent launch. The amendment details the iShares Bitcoin Premium Income ETF (ticker: BITA), which would charge a 0.65% fee—below competing covered-call funds that run as high as 0.99%. According to the filing, the fund will gain exposure through spot Bitcoin holdings and shares of BlackRock's iShares Bitcoin Trust (IBIT). It plans to write call options against that exposure and distribute the option premiums as income. Goldman Sachs' competing product is expected to begin trading around July 1.

Polymarket pricing shows an implied 81% probability that Bitcoin will trade back above $65,000 before the end of this month.

Polymarket pricing suggests an 81% probability that Bitcoin will climb back above $65,000 before month's end.

SpaceX has filed an S-1 registration statement with the U.S. Securities and Exchange Commission, paving the way for what it says could become the largest initial public offering on record. The company is targeting a $135 share price, seeking to raise about $75 billion and implying a post-IPO valuation of roughly $1.77 trillion to $1.8 trillion—surpassing the scale of Saudi Aramco's record debut. A notable detail in the filing is SpaceX's Bitcoin position. The company reports holding 18,712 BTC on its balance sheet, valued in the range of $1.2 billion to $1.4 billion. Filing highlights: revenue mix and timeline The S-1, filed in May 2026, outlines a broad business profile spanning launch services, the Starlink satellite internet network, and artificial intelligence initiatives connected to xAI. Trading is expected to begin around June 12, 2026, with early indications pointing to heavy oversubscription. Initial expectations suggest 20% to 30% of the offering could be allocated to retail investors. Musk's stake: numbers at a $1.8T valuation Elon Musk is estimated to own about 42% to 43% of SpaceX. At the top end of the indicated valuation range ($1.8 trillion), that stake would exceed $750 billion. Combined with his existing holdings in Tesla and other ventures, the IPO could lift his net worth beyond $1 trillion. Why SpaceX's Bitcoin disclosure matters By disclosing 18,712 BTC as treasury assets, SpaceX would rank among the larger corporate Bitcoin holders globally. The company had not previously confirmed the size of its Bitcoin holdings publicly; the S-1 disclosure makes the figure explicit. Market watchers also point to potential asset-allocation effects. A deal of this scale can drive capital rotation, as investors shift funds from one asset class to another. With a widely anticipated IPO, part of the inflow into SpaceX shares may come from portfolios that currently hold crypto. Pre-IPO derivatives add complexity Synthetic pre-IPO derivatives linked to SpaceX have been circulating, allowing traders to speculate on the company's valuation before public trading begins. For Bitcoin, the dynamic is mixed: public confirmation by a marquee private company supports the case for BTC as a corporate treasury asset, but the IPO's magnitude could weigh on Bitcoin in the near term if institutional capital temporarily reallocates. Investor takeaways into June 12 The $1.2 billion to $1.4 billion Bitcoin treasury disclosure is likely to be read as supportive for institutional digital-asset adoption. The potential 20% to 30% retail allocation is another focal point. If retail buyers fund share purchases by selling crypto, selling pressure could concentrate in the most liquid assets—primarily Bitcoin and Ethereum—in the days leading up to June 12.

The company sold 600 BTC at around $61,000 per coin, with proceeds used to pay down its debt to Kraken.

A transfer of 1,364 BTC, valued at $86,712,514, was sent from Coinbase Institutional to a newly created wallet with an unknown owner.

Bitcoin rose back above 63000 as market nerves tied to Iran briefly flared and then cooled. The rebound helped keep bullish traders engaged, with price action stabilizing after the dip and attention returning to near term momentum in BTC.