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🚀📈 Trump's Bitcoin ETF Move: Wall Street's Next Play!

Author

Dr. P
June 20, 2025

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🚀📈 Trump's Bitcoin ETF Move: Wall Street's Next Play!

Hello there you embodiment of curiosity;

Welcome to today's edition of Osiris News, glad you’re here. If you caught yourself scrolling between meetings and saw “Trump Media files for a Bitcoin-Ethereum ETF,” you probably did a double-take. Same. The vibe on trading desks is curious rather than jumpy. BlackRock is moving tokenised Treasuries, corporate suits are raiding the Bitcoin aisle, and Musk is busy wiring tweets for payments. Desks from Tokyo to New York are humming, but no one’s panicking. Instead, they’re leaning in, asking what fits where in this new puzzle. Let’s sift through the chatter and see what really moved the needle today.

🔍 Quick Overview

  • Institutional Tide Rises: Wall Street's deepening embrace of digital assets continues, with BlackRock's tokenized Treasury fund now trading collateral and corporate treasuries filling up—it seems the suits are finally getting the memo.

  • Ethereum's Quiet Engine: Ethereum's network is thriving, boasting record staking and a million new wallets each week, while its Fusaka upgrade quietly sharpens the engine—a steady climb, not a frantic sprint.

  • Bitcoin's Market Standoff: Bitcoin holds its ground around $106K, as institutional whales quietly accumulate while impatient retail traders fret—a classic market tug-of-war, where the patient often win.

  • Digital Fortresses Breached: The digital world took a hit as a major crypto exchange was hacked and its code leaked, prompting Tether's CEO to declare "the cloud has failed us"—a stark reminder that even digital fortresses need patching.

  • X's Fintech Frontier: Elon Musk’s X is charging ahead to become an "everything app," planning in-app investing and payments, likely on crypto rails—a bold move, turning tweets into transactions.

The downtrend returned with force. Solana led the slide with a 4.4% drop, Ethereum and XRP followed with steep losses, and Bitcoin fell another 1.3%. BNB held flat, but that was the only hint of stability in an otherwise heavy red session.

Circle's stock (CRCL) surged 530% following the Senate's passage of the GENIUS Act, which aims to create a clear regulatory framework for stablecoins. This legislative clarity is expected to accelerate broader adoption of USDC, the second-largest USD-pegged stablecoin with a $61.4B market cap.

Nasdaq-listed Semler Scientific announced plans to accumulate 105,000 Bitcoin by 2027, appointing a Director of Bitcoin Strategy to lead this initiative. The healthcare tech firm, already holding 4,449 BTC valued at $462M, is the second US public company to adopt a significant Bitcoin treasury strategy.

The decentralized finance (DeFi) lending sector has achieved a new record, with total value locked (TVL) surpassing $55.69B, led by Aave v3 at $26.09B. This growth, including Maple Finance's 417% TVL increase from RWA lending, signals increasing liquidity and legitimacy from traditional finance.

Bitcoin has maintained its price above $100,000 for over five weeks, with analysts suggesting this level is now established as a new base. Institutional investors are aggressively accumulating, evidenced by spot Bitcoin ETFs attracting $2.4B in recent trading sessions.

Beyond the Noise

The strongest current is the steady rise of crypto ETFs. June brought 1.7 B USD of inflows to Bitcoin funds, lifting cumulative net flows to 46 B USD and holdings to about 1.22 M BTC. Spot Ethereum ETFs now hold 3.96 M ETH after 3.89 B USD in net inflows. Trump Media’s proposed ETF, with a 75 % BTC and 25 % ETH split, moved one step closer when the SEC cleared its registration statement. Quiet absorption by large players keeps bending the market’s shape.

Corporations are following the same path. Lion Group aims to build a 600 M USD crypto reserve, anchored by Hyperliquid’s HYPE token. Prenetics broke new ground for healthcare firms by adding 20 M USD in BTC. The Blockchain Group’s latest 20 M USD purchase lifted its stash past 170 M USD. Strategy snapped up 10 100 BTC worth 1.05 B USD last week. Slowly but surely, Bitcoin is becoming a corporate balance-sheet staple.

Ethereum’s engine is humming too. More than 35 M ETH is now staked, about 28 % of the entire supply sits in contracts, and wallet creation is rising by almost a million a week, up one-third from last year. Developers are finalising the Fusaka upgrade, lifting the gas ceiling to 45 M and adding new blob handling. DeFi lending mirrors the growth: Aave v3 tops 16.5 B USD in active loans, while Euler just crossed the 1 B USD mark. Even XRP’s ecosystem is gaining DeFi traction through Flare Network and wrapped FXRP.

Macro headwinds still swirl. The Israel-Iran conflict deepened, the U.S. weighed intervention, and a pro-Israel group hacked Iranian exchange Nobitex for 100 M USD, leaking its code. Trump blamed Fed Chair Powell for steady rates amid tariff talk. The U.S. Senate’s stablecoin bill moved forward, and Polymarket now prices its passage at 89 %. Arizona’s House advanced a bill for a state crypto reserve, and Thailand passed a capital-gains tax exemption on crypto.

Governance dramas add further texture. LayerZero DAO votes on turning on protocol fees for ZRO buybacks. Compound DAO may fund a new nonprofit with 9 M COMP. Jupiter DEX paused its DAO votes until late 2025 to rethink structure. Meanwhile, Elon Musk is nudging X toward a one-stop financial hub with in-app investing and payments, likely built on crypto. At the same time, AI reshapes tech jobs, prompting Amazon and Microsoft to eye leaner headcounts. Tether’s Paolo Ardoino launched PearPass, an offline password manager, after a leak of 16 B credentials. Clouds, it seems, are not as safe as we hoped.

Retail sentiment around Bitcoin is mixed. Many traders wait for a dip to 100 K or even 90 K USD, while whales keep adding despite selling about 30 000 BTC in the past fortnight. Bitcoin ETFs booked nearly 400 M USD in eight straight days of inflows. Transactions above 100 K USD now make up 89 % of Bitcoin’s volume, although total daily transfers are down. The RSI slipped under 50, easing from overbought to slightly bullish territory, and MVRV sits near minus two percent, hinting at limited downside. Solana fell 22 % over five weeks, yet institutional chatter about it flipping Ethereum refuses to die. Watch CME’s spot-quoted Ether futures set for launch by 30 June; approval could ripple outward.

This Caught My Eye:

Source : santiment

Here’s a breakdown of the chart:

  • Trader sentiment is at its lowest since April 6, with bullish-to-bearish commentary near parity (1.03), often a contrarian indicator that precedes upward reversals.

  • Despite price stability around $105,000, social sentiment is decoupling — suggesting traders may be underestimating the next move.

Looking Ahead

Institutional and corporate adoption is running like a tide that will not retreat. Trump Media’s ETF filing, Bitcoin and Ethereum inflows, corporate treasuries loading up, and fresh ETF drafts for Solana all point the same way: crypto is becoming a core asset. The debate is shifting from whether it belongs to how best to fit it into the existing fabric.

Eyes turn next to the Federal Reserve’s rate call. Any surprise could jolt risk assets everywhere. Still, whether the market surges or pauses, every phase is temporary. What counts is keeping track of the deeper currents, learning which forces are building momentum, and steering with a steady hand. The adoption wave is still gathering height, and much of its power builds out of sight. What quiet shift will surface next?

Until tomorrow,
- Dr.P

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