Yesterday, Bitcoin ETF saw a net outflow of $64.8 million, while Ethereum ETF experienced a net inflow of $22.5 million.

June 16 – Per data from prediction market platform Predict.fun, the 2026 FIFA World Cup group stage match grouping the U.S., Canada, Mexico, and France will kick off at 3:00 a.m. Beijing Time on June 17, concurrent with a France vs. Senegal showdown. In the latest market odds, the French squad, packed with top talent like Mbappé and Dembélé, carries a 67% win probability.

On June 16, the latest episode of the BG2 podcast featured Gavin Baker, who noted that xAI’s cloud computing business could emerge as one of Elon Musk’s most underrated growth engines within his broader business ecosystem. BG2, a tech and investment podcast hosted by Brad Gerstner and Bill Gurley, counts an audience primarily made up of participants from Silicon Valley’s startup, venture capital, and public market investment spaces. Baker—founder and CIO of Atreides Management, a hedge fund focused on tech stocks, AI, and infrastructure investments—cited Clark’s analysis during the show, stating that the cloud computing deal between xAI and Google is projected to generate higher operating profit per gigawatt of computing power than comparable segments at Anthropic, Meta, Google, and OpenAI. He also shared Freda’s estimate that Colossus 1, xAI’s core computing project, has an internal rate of return (IRR) of roughly 55%. Baker highlighted the strong financial logic at play here: finan

**June 16** — On the latest episode of the BG2 podcast, Brad Gerstner, founder and CEO of Altimeter and co-host of the Silicon Valley investment-focused show alongside former Benchmark general partner Bill Gurley, labeled SpaceX a "must-buy, must-hold" asset for institutional investors. His core reasoning: the space giant sits at the unique intersection of two high-growth, in-demand sectors—the global space economy and surging demand for artificial intelligence (AI) compute. BG2, a Silicon Valley podcast covering tech, markets, investing, and capitalism, pairs Gerstner—a long-focused technology growth investor whose work centers on cloud computing, AI, and high-growth tech names—with Gurley, a respected industry veteran. Gerstner explained that for anyone betting on the trajectory of artificial general intelligence (AGI), it’s critical to recognize two key points: first, the global compute capacity needed to advance AGI will far outpace current market expectations; second, the ec

On June 16, a newly created wallet withdrew 573,001 HYPE tokens worth $39.88 million from Coinbase, according to monitoring by Onchain Lens.

June 16 — Aletheia Capital issued a strongly bullish research report on Micron Technology (MU), significantly raising its price target to $1,600 and forecasting that AI memory devices will represent more than 70% of the value of AI hardware systems by 2027. In the report, Aletheia projects Micron’s fiscal 2027 earnings per share (EPS) will surge 8.5 times from current levels, with an additional 1.8-fold expansion in fiscal 2028—adding up to a cumulative 15x increase. The firm also estimates Micron will generate between $350 billion and $400 billion in cumulative free cash flow (FCF) from fiscal 2026 to 2028. On the pricing front, Aletheia’s upward revisions outpace market expectations. The institution now predicts average selling prices (ASPs) for server DRAM will climb 30% in the third quarter of 2026, far above its prior forecast of a 10% to 15% rise, followed by another 10% to 15% increase in the fourth quarter of 2026. For high-bandwidth memory (HBM), Aletheia forecasts its ASP w

June 16. Per Fintel Monitor, a crypto whale that’s been shorting Ethereum (ETH) recently added another 9,000 ETH to its short position immediately after ETH’s price rebound: the whale borrowed 9,000 ETH from Aave, transferred the assets to Binance, and converted them to 16.37 million USDT. The whale’s total short ETH position now amounts to 44,000 ETH, valued at $78.89 million at current market rates, with an average entry price of $1,702. It is currently facing an unrealized loss of $3.08 million.