News

BlockBeats news, on June 2, according to Farside Investors data, on June 1, US spot Bitcoin ETFs recorded a total net outflow of $483.8 million, continuing the recent trend of capital withdrawal. Among them, BlackRock IBIT posted a single-day net outflow of $440.3 million, accounting for more than 90% of the total outflow for the day and becoming the main driver of capital outflows; Fidelity FBTC saw a net outflow of $37.3 million, and ARK 21Shares ARKB had a net outflow of $12.3 million. Only MSBT recorded a net inflow of $6.1 million. Meanwhile, US spot Ethereum ETFs recorded a total net outflow of $44.5 million on the same day. BlackRock ETHA saw a net outflow of $35 million, Fidelity FETH recorded a net outflow of $9.5 million, while net flows for other products remained largely unchanged.

BlockBeats News, June 2nd, according to LookIntoChain monitoring, address 0xc6fe once again made a profit through a HYPE long position trade. The trader closed a previous HYPE long position 4 hours ago, realizing a profit of about $1.18 million in a single trade. After closing the position, the trader quickly reopened a new position, longing 268,509 HYPE with 10x leverage, with a position value of approximately $20.26 million. As of the time of monitoring, this new position has already unrealized gains of about $536,000. The trader has recently demonstrated strong performance in long trades around HYPE, with accumulated profits reaching $2.29 million and currently maintaining a 100% win rate.

格隆汇 June 2｜On Monday Eastern Time, JPMorgan maintained its optimistic view on the U.S. stock "Magnificent Seven" in a report to clients, stating that after a correction earlier this year, the "Magnificent Seven" still have room for further price increases. JPMorgan analyst Mislav Matejka said that since late March this year, JPMorgan has been advising clients to buy stocks during market downturns and remains bullish on the future performance of the "Magnificent Seven". At the end of March this year, the U.S. stock market suffered a collective decline as the Iran war caused international oil prices to surge, with the "Magnificent Seven" falling to stage lows. However, since then, the "Magnificent Seven" have generally rebounded, with Apple, Google, Amazon, and NVIDIA shares hitting new all-time highs once again. Although underlying risks in the Middle East still need attention, JPMorgan believes that the earnings of the "Magnificent Seven" are sufficient to support the price rebound, and noted that the valuations of the "Magnificent Seven" fell to the lowest point in the past ten years in March, creating significant room for a rebound. In addition to the "Magnificent Seven," JPMorgan also pointed out that the storage sector in emerging markets is another field with sustained upward momentum, noting that "before early 2028, the storage market is not expected to see large-scale supply increases." In a previous report, JPMorgan noted that driven by structural AI demand, the global storage chip industry is experiencing the strongest and longest-lasting upward cycle in its history, and the valuation of top memory manufacturers is seeing unprecedented growth.