1. Data: Institutional buyers have increased their holdings of 417,000 BTC since 2025; 2. Believe founder: Multiple measures will be introduced within 48 hours to prevent fraudulent project tokens; 3. Hyperliquid co-founder: Transparent trading is not a disadvantage, but the end of efficiency; 4. a16z partner clarified that the token A16ZE was not released, and the latter's market value fell from tens of millions of dollars to hundreds of thousands of dollars overnight; 5. Multicoin Capital co-founder commented on the Ethereum Foundation's reform today: lack of focus and contradictory goals; 6. Reuters: Coinbase data leak is related to Indian outsourcing employees; 7. Ethereum 1CO whale recharged 617 ETH to Kraken again 4 hours ago, and sold 4620 ETH in two weeks; 8. The US Senate may vote on the GENIUS stablecoin bill as early as June 9; 9. Bitcoin spot ETF had a total net outflow of US$268 million yesterday, and continued net outflow for 3 days; 10. Ethereum spot ETF Yesterday's total net inflow was US$78.1743 million, marking the 11th consecutive day of net inflow.

Odaily News Regarding the layoff plan and subsequent development direction proposed by the Ethereum Foundation today, Kyle Samani, co-founder of Multicoin Capital, commented, "Please note that the definition of the word 'focus' usually means 'less', not 'more', especially that goals should not conflict with each other. But when we look at it from the perspective of goal 3 (i.e., L1, L2 network expansion, improving user experience), goal 1 (i.e., layoffs) and goal 2 (i.e., clarifying the division of responsibilities) are contradictory."

Odaily News Bitcoin infrastructure company Arch Labs announced the completion of a $13 million Series A financing round, led by Pantera Capital and Multicoin Capital. (Fortune)

Odaily News New documents that investment advisors must submit in accordance with the U.S. Securities and Exchange Commission (SEC) regulations show the size of assets under management (AUM) of each company. From 2023 to 2024, according to the financial disclosure data of the six largest crypto venture capital companies: Electric Capital, Pantera Capital, Haun Ventures, Multicoin Capital, Polychain Capital and Paradigm. Their AUM all increased by more than 10%, with Electric and Multicoin both increasing by more than 50%. (Fortune)

1：美联储明日凌晨维持利率不变的概率为100%；2：Strategy拟发行500万股优先股募资购买更多比特币；3：美联储FOMC会议或将引发波动，BTC当前关键支撑位拐点在8.5万美元；4：加密沙皇David Sacks回应抛售加密资产报道：因政府规定需进行资产剥离；5：Multicoin Capital联创：SOL ETF表现将超越ETH ETF；6：EOS Network宣布更名为Vaulta，进军Web3银行业务；7：Raydium将推出LaunchLab，与Pump.fun竞争Solana Meme币市场；8：Web3初创公司Halliday完成2000万美元A轮融资，a16z Crypto领投；9：加密API开发公司Crossmint完成2360万美元融资，Ribbit Capital领投；10：加密预测平台Yeet公布去年完成的775万美元种子轮融资，由Dragonfly领投；11：纳斯达克为21Shares提交Polkadot ETF上市申请；12：Greeks.live：市场情绪偏向谨慎中性，ETH/BTC汇率或将持续下跌趋势；13：惠誉：预计美联储今年只会降息一次；14：Ethena疑似将在Hyperliquid部署USDe，已购买交易代码；15：DDC宣布建立比特币储备并任命做市商CEO为战略顾问；16：K33：交易者对CME Solana期货兴趣不高，对SOL现货价格影响有限；17：贝莱德BUIDL、Superstate等机构旗下代币化美债产品拟从Sky投资计划中获得拨款；18：伯恩斯坦给予Coinbase“跑赢大盘”评价并将其股票目标价定为310美元；19：Coinbase推出Verified Pools，目前已向美国、新加坡等地用户开放。

<p>Odaily News Kyle Samani, managing partner of Multicoin Capital, said that due to Solana&#39;s fees and lower market capitalization, Solana-based exchange-traded funds (ETFs) may outperform Ethereum-based ETFs. Kyle Samani, a major investor in SOL and many of its ecological protocols, has been publicly urging the U.S. Securities and Exchange Commission (SEC) to give a positive evaluation of the SOL ETF.<br/> Samani said: &quot;The reason why the ETH ETF has not been strongly welcomed is largely because many investors look at ETH and say &#39;show me the fees&#39;&quot;, Samani believes that from an investment perspective, Solana&#39;s theoretical price-to-earnings ratio is much healthier than Ethereum. Solana&#39;s price-to-earnings ratio is 30 to 50 times, while Ethereum&#39;s price-to-earnings ratio is close to 1,000 times. (CoinDesk)<br/></p>

<p>Odaily News A memo released by the White House shows that David Sacks, the director of US artificial intelligence and cryptocurrency affairs, sold more than $200 million in digital asset-related investments through his personal and company Craft Ventures before taking office to reduce potential conflicts of interest. Among them, at least $85 million was directly attributed to Sacks, but Craft Ventures still holds some fund investments involving crypto assets.<br/> Sacks has cleared his holdings of Bitcoin, Ethereum, Solana, and the Bitwise 10 Crypto Index Fund (BITW), and sold his shares in Coinbase (COIN) and Robinhood (HOOD). In addition, he has withdrawn from investments related to Multicoin Capital, Blockchain Capital, and Bitwise Asset Management, and has begun to gradually withdraw from holdings in some private digital asset companies. However, Sacks still holds interests in some funds under Craft Ventures, which invest in companies such as BitGo and Lightning Labs. These investments are difficult to fully exit due to liquidity constraints and account for less than 3.8% of his total investment assets.<br/> Sacks said the move was intended to avoid any suspicion of conflict of interest and ensure transparency in his decision-making as a government official.<br/></p>

<p>Odaily News According to people familiar with the matter, DoubleZero Foundation received $28 million in the latest financing, with a valuation of $400 million, and is currently seeking more investment at a valuation of $600 million. This round of financing was led by Dragonfly and Multicoin Capital. DoubleZero declined to comment.<br/> DoubleZero is building a global private fiber optic network to improve blockchain data transmission efficiency and reduce latency. It has opened the test network to Solana validators and plans to expand to more public chains. The network integrates private lines of institutions such as Jump Crypto, RockawayX, and Latitude.<br/> It is reported that Austin Federa, chairman of the DoubleZero Foundation, once served as the strategic director of the Solana Foundation. The other co-founders of the foundation, Andrew McConnell and Mateo Ward, are responsible for the project&#39;s core contributor company Malbec Labs. Jump Crypto is also one of the core contributors. (CoinDesk)<br/></p>

<p>Odaily News Kyle Samani, co-founder of Multicoin Capital, retweeted Anza chief economist Max Resnick&#39;s remarks on X that &quot;institutions do not like the queuing mechanism when Ethereum unstakes, and institutions need a more certain time window.&quot;<br/> Kyle added: “After talking to a number of ETF stakeholders, I can confidently say that Max is correct, deterministic pledge/unpledge times are key to a functioning capital market, and dynamic queuing is not good.”<br/></p>

<p>Odaily News In response to the White House AI and encryption director David Sacks&#39; disclosure that he had sold Multicoin Capital assets, the crypto fund&#39;s managing partner Kyle Samani issued a statement to confirm and said that David Sacks&#39; team contacted Multicoin Capital several months ago and then found buyers for the relevant assets. All transaction manipulations were &quot;above board,&quot; indicating that he was serious about the non-existent conflict of interest.<br/></p>