Daily Market Brief - 5 Jun 26 ■ $BTC once traded near $61k during… — Presto Research

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🗓Daily Market Brief - 5 Jun 26

■ $BTC once traded near $61k during Asia hours. As of now, $BTC is trading at $63,861 and $ETH is trading at $1,770. Bitcoin dominance stands at 59.49%.

■ Professional investors reduced their U.S. spot Bitcoin ETF holdings by 17% in Q1, with hedge funds and brokerages accounting for the vast majority of the selling as Bitcoin fell 22% during the quarter. Meanwhile, investment advisors remained relatively steady and banks increased their exposure, suggesting the pullback was driven primarily by tactical and trading-oriented investors.

■ A few other headlines include: JPMorgan and Citi planning a new tokenized deposit system, Plume and EtherFi launching a $100 million RWA vault for institutional yield, and Coinbase announcing the successful origination of the first mortgage backed by Fannie Mae and collateralized by Bitcoin.

■ During the last 24 hours, the top three gainers were $HOME, $TEL, and $SIREN, while the top three losers were $ZEC, $LAB, and $GRASS.

Full Report: https://www.prestolabs.io/research/daily-market-brief-260605