The US spot Bitcoin ETF experienced a net outflow of over $4.1 billion in June, setting a record for the largest monthly outflow on record. （CoinDesk）

According to Santiment data, the price of Bitcoin has fallen to a 21 month low of $58100. Since June 15th, wallets holding 100000 to 10000 BTC have reduced their token holdings by 0.37%, while wallets holding less than 0.01 BTC have increased their token holdings by 0.51%. （Santiment）

European Central Bank policymakers are discussing raising the minimum reserve requirement ratio for banks from 1% to 2%.

On July 1st, payment infrastructure company Cybrid released a survey report showing that 42% of surveyed companies have already used stablecoins for cross-border payments, and 88% of companies plan to adopt stablecoins in the next 12 months. Enterprises adopting stablecoins can save an average of 35% in cross-border payment costs, while enterprises with monthly payment scales exceeding $100 million can save an average of 47% in costs. Wages and contractor payments are the main application scenarios, and 71% of respondents believe that a clear regulatory framework is the primary factor in promoting the popularity of stablecoins. The survey was conducted between April and May this year, covering 468 corporate executives in the United States, Canada, and the United Kingdom.

On July 1st, FalconX, an institutional digital asset broker, obtained an EU MiCA license from the Malta Financial Services Authority to provide digital asset trading, custody, liquidity, and related institutional services within the EU and the European Economic Area. FalconX serves over 2000 institutional clients worldwide, facilitating transactions totaling over $2.5 trillion and issuing over $8 billion in institutional financing.