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U.S. Bitcoin ETFs see $1.72B outflows amid market risk repricing, Bitcoin nears $64K on ceasefire news

Market News
09 Jun 2026
Blockonomi
View Source
Bearish
U.S. Bitcoin ETFs see $1.72B outflows amid market risk repricing, Bitcoin nears $64K on ceasefire news

U.S. spot Bitcoin ETFs recorded $1.72 billion in net redemptions for the week ending June 5, marking the fourth straight week of billion-dollar outflows. BlackRock's iShares Bitcoin Trust led withdrawals with $1.34 billion, driven by institutional investors reducing risk amid stronger US economic data and rising Treasury yields. Ethereum ETFs also saw $173 million in outflows, while some crypto ETFs like HYPE and XRP had modest inflows. Market analyst Ted Pillows warns Bitcoin could dip to $50,000 before rallying past $100,000. Bitcoin's price rebounded toward $64,000 following President Trump's announcement of an Israel-Iran ceasefire, easing geopolitical tensions that had earlier pressured the market.

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FDA accepts Orvida Pharma's KM-023 into Rare Disease Evidence Principles process for Olmsted syndrome

FDA accepts Orvida Pharma's KM-023 into Rare Disease Evidence Principles process for Olmsted syndrome

Orvida Pharma announced that the FDA has accepted its lead drug candidate KM-023 (ontivatrep) into the Rare Disease Evidence Principles (RDEP) process for treating Olmsted syndrome, a rare genetic skin disorder. This acceptance allows Orvida to engag...

Market News
Bullish
1 hour ago
DMC Global to release Q3 2026 financial results on October 27 after market close

DMC Global to release Q3 2026 financial results on October 27 after market close

DMC Global Inc. will announce its financial results for the third quarter ending September 30, 2026, on October 27 after the stock market closes. The company will hold a conference call and webcast to discuss the results, providing investors with ins...

Company Fundamentals
Neutral
1 hour ago
Matchpoint Therapeutics names John O’Malley as Chief Medical Officer to advance autoimmune drug pipeline.

Matchpoint Therapeutics names John O’Malley as Chief Medical Officer to advance autoimmune drug pipeline.

Matchpoint Therapeutics has appointed John O’Malley, M.D., Ph.D., as its Chief Medical Officer. Dr. O’Malley brings extensive experience in immunology and clinical development from his previous roles at CRISPR Therapeutics and Sanofi. His leadership ...

Market News
Bullish
1 hour ago
Radware launches MCP Server Protection to secure AI integration layers from attacks and abuse.

Radware launches MCP Server Protection to secure AI integration layers from attacks and abuse.

Radware introduced its Model Context Protocol (MCP) Server Protection solution to help organizations secure the integration layer where AI agents connect to enterprise applications and workflows. This new security tool provides visibility into MCP in...

Market News
Bullish
2 hours ago
Global anthracite market to reach $16.8B by 2035, driven by steel and water filtration demand.

Global anthracite market to reach $16.8B by 2035, driven by steel and water filtration demand.

The global anthracite market, valued at $11.9 billion in 2025, is projected to grow to $16.8 billion by 2035 with a 3.5% CAGR. Growth is fueled by rising demand in steel production, water filtration, and advanced industrial uses due to anthracite's h...

Market News
Bullish
2 hours ago
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