GM!
Today’s top news:
Crypto majors dip then rebound on Iran progress; BTC at $76.9k BTC ETFs shed $1.25B in outflows; HYPE ETFs see $68M in inflows SEC reverses course on tokenized stocks, shelves plans for allowance Vitalik says EF will get smaller, sell less ETH and focus on CROPS Hyperliquid launches new outcome markets tied to offchain events Trump Hints That Iran Deal May Be Close, Markets ReboundBrent crude fell 7% Monday to $96, WTI shed more than 6% to $90, and at least 33 ships passed through Hormuz with Iran’s permission over the weekend. JPMorgan is now modeling Brent at $60 long-term if tensions fully ease. Notably, sub-$90 oil reopens the June rate cut conversation in a way that nothing else this month has.
Other crypto tokens rebounded as well, with NEAR leading the way up 77% on the week and WLD up 60%.
Traditional exchanges pushed back hard, arguing the approach would create complications around dividend administration, shareholder voting, and investor protection. The SEC cited those concerns in walking back the signal.
The reversal matters because it clarifies the two-track reality of tokenization: issuer-backed tokenization (DTCC July launch, BlackRock/JPMorgan filings, Franklin Templeton) is moving forward with regulatory support. Third-party workarounds like Kraken xStocks, OKX private company perps, and Hyperliquid pre-IPO contracts, remain in legal gray territory.
ICE and NYSE’s lobbying campaign against Hyperliquid last week now looks like part of a coordinated push that worked on the regulatory front, at least for now.
U.S.-listed spot Bitcoin ETFs have seen more than $2.26 billion in outflows over the past two weeks. the worst two-week stretch of 2026. ETH ETFs are in similar shape.
Of course, HYPE’s ETF are brand new, on the market for less than a few weeks. So some rotation makes sense. Also, the protocol generated $255M YTD, with 97% flowing back to token holders through automated market purchases. It’s up 101% YTD against BTC’s -12%.
XRP’s case is regulatory - the Clarity Act is expected to formally classify XRP as a commodity, removing the SEC overhang that has weighed on the token for years. Both are benefiting from the same dynamic: specific, verifiable catalysts versus the macro ceiling suppressing BTC and ETH.
We will see if this trend continues…
Applicants must be 18 or older, own a compatible smart device, and be “comfortable discussing intimate wellness topics.” Participants will log sessions using Joi’s app and submit weekly reports on their wellbeing metrics.
The job listing is real. The research framing around intimate wellness, biometric feedback, mood tracking is genuinely the direction the AI companion industry is heading. Joi raised $4M in seed funding last year and competes in a market analysts project will hit $8B by 2030. Whether or not the consultancy gig is your thing, the underlying thesis isn’t entirely absurd: AI-guided wellness products are already mainstream in sleep, meditation, and fitness. The intimate category is next, and Joi is apparently willing to pay for the data to prove it.
