Bitcoin
Affairs
 
No. 026  ·  21 Jun 2026
 
MARKET SNAPSHOT
BTC / USD
$64,221
  24H CHANGE
+1.2%
 
ALL-TIME HIGH
$124,749
  FROM ATH
-48.5%
NEWS
4 STORIES TODAY

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US-listed spot Bitcoin ETFs lost about $6.35 billion over the last 30 trading days, the worst stretch since the products launched in January 2024, according to Galaxy Research data cited by Cointelegraph. The sustained redemptions reinforce how fragile institutional demand remains as Bitcoin trades under pressure from hotter inflation and ongoing geopolitical risk.

ETF  Macro

Strategy’s dividend-paying preferred stock, designed to stay near $100, sank below $83 after falling Bitcoin prices, a debt buyback, thinner cash buffers and competition from Strive’s rival SATA product all hit confidence at once. The stress matters for Bitcoin because Strategy uses STRC to raise capital for BTC purchases, and the disruption is already coinciding with much smaller weekly buys and a rare BTC sale to meet obligations.

Macro

A corporate pension fund serving around 1,200 small and medium-sized businesses in Japan plans to put roughly 1% of assets into a passive multi-crypto fund during fiscal 2026. The allocation is modest in size, but it is another sign that crypto is moving deeper into conservative institutional portfolios as Japan brings digital assets closer to traditional financial regulation.

Macro  Regulation

The European Commission is now gathering feedback on a possible next phase of MiCA that would sharpen the rulebook for stablecoins, DeFi and tokenized assets. For Bitcoin markets, the shift matters because Europe is moving from first-wave licensing into second-generation crypto regulation that could shape custody, capital formation and product design across the bloc.

Regulation
COMMENTARY
VOICE FROM THE NETWORK
Coin Bureau
@coinbureau
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🚨A BITCOIN WHALE JUST DUMPED 800 BTC AT A $35 MILLION LOSS

A Bitcoin whale just sold 800 BTC worth $50.2 MILLION, locking in a staggering $35.3 million loss after holding for seven months, as per Lookonchain.

The whale bought near November's peak at $106,866 per BTC and finally capitulated today, exiting 40% below its entry price.
 
 
 
 
 
 
89 reposts    145 replies    575 likes
Lucky
@LLuciano_BTC
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As of today, one out of every three Bitcoin addresses is in loss, the highest proportion recorded since October 2023.
 
 
 
 
9 reposts    15 replies    462 likes
Aman 👻
@Im_Aman2
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Bitcoin is revisiting the same major support zone that fueled the last breakout, while a familiar bearish channel pattern reappears.

If history rhymes, this could be the foundation for $BTC’s next explosive move. 🚀 https://t.co/3lOaE9wAAy
 
 
 
 
8 reposts    11 replies    119 likes
That Martini Guy ₿
@MartiniGuyYT
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BlackRock now holds more Bitcoin than most countries.

A few years ago, the biggest asset manager in the world wanted nothing to do with crypto.

Now they're accumulating Bitcoin through the ETF at a pace that would've sounded ridiculous back then.

That's the part people keep missing.

The story isn't retail buying Bitcoin anymore.

The story is institutions quietly turning Bitcoin into a permanent allocation.
 
 
 
 
 
23 reposts    35 replies    178 likes
Quinten | 048.eth
@QuintenFrancois
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Bitcoin bear market https://t.co/lqaWowxPZE
 
 
 
 
21 reposts    18 replies    269 likes
Watcher.Guru
@WatcherGuru
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JUST IN: Michael Saylor hints at buying more Bitcoin.

"Looks better with more dots." https://t.co/GEQ5YqiTg8
 
 
 
 
89 reposts    216 replies    825 likes