U.S. spot Bitcoin ETFs saw $22.5 million in net outflows on June 11, while spot Ethereum ETFs saw $15.9 million in net outflows.
LG Electronics partnered with Arbitrum to build a blockchain-based advertising network, pushing ARB higher as traders reacted to a major enterprise adoption story.
The new LG-Arbitrum platform will use a dedicated Ethereum Layer-2 network to manage digital ad inventory, ad buying, selling and user interaction records.
Bitcoin traded below $63,000 despite U.S. CPI data coming in line with expectations, showing that macro relief was not enough to restore risk appetite.
Crypto-related stocks and ETF products remained under pressure as investors continued rotating away from speculative assets and into safer or AI-linked opportunities.
Bitcoin is trading around $62,987, while Ethereum is trading around $1,658.
The Fear and Greed Index stands at 17, indicating extreme fear in market sentiment.
