Trillion-dollar asset management giant T. Rowe Price launches its first actively managed multi-token crypto ETF.

Bankless co-founder David Hoffman announced on May 21 that he had liquidated his entire Ethereum (ETH) holdings, subsequently purchasing VVV, NEAR, ZEC, HYPE, and LIT, while disclosing partial entry prices: "NEAR at approximately $1.40, HYPE at around $45, ZEC at roughly $560, and LIT at about $1.35." Per HTX market data, the current prices of these assets and their performance based on the disclosed entry prices are as follows: LIT trades at $5.02, a roughly 272% increase from entry; ZEC is at $1512.42, up ~170%; NEAR stands at $3.49, up ~149%; HYPE is at $86.51, up ~92%. Hoffman did not reveal VVV’s specific entry price. Using its May 21 price of $15.99 as an estimate, VVV now trades at $25.27, marking a ~58% gain. Over the same period, ETH rose from around $2127.47 to $2473.23, a ~16% increase. All five altcoins in Hoffman’s prior allocation significantly outperformed ETH during the period.

Unipcs(@theunipcs)' portfolio is up another $2.5M in the past 24 hours, bringing his total assets to over $19M. He's back at #1 on FOMO's 24-hour leaderboard and has remained #1 on the all-time leaderboard for a month.

According to a Bloomberg report, as shares of digital asset treasury companies remain sluggish, with shareholders having lost roughly $50 billion in total, retail and institutional investors are stepping up scrutiny of employee compensation, equity incentives, and related-party transactions at these firms. Artemis data shows that the fully diluted market capitalization of listed treasury companies investing in Bitcoin and Ethereum is currently around $90 billion, down roughly 40% from its peak. Solana-focused treasury firm SkyAI has seen its share price drop nearly 90% since completing its transition financing in August 2025. Forward Industries is urging shareholders to vote against its equity incentive plan, which would reserve 7.2% of the company’s shares for 30 employees, worth approximately $4 million at current prices. Forward also questioned SkyAI over consulting fees and warrant issuances paid to companies controlled by the firm’s chief investment officer’s relatives. SkyAI responded that the arrangements were reviewed by the board of directors and publicly disclosed. Bitcoin-focused treasury firm Metaplanet’s share price has fallen 84% from its June 2025 high. Amid investor criticism over executive incentives and equity dilution, the company scrapped some warrant arrangements and will hire an independent external expert to redesign its compensation plan. Nakamoto, led by David Bailey, has also seen its share price drop 99% from last year’s peak. Its use of stock to acquire two other firms led by Bailey has been questioned by some market participants as a potential conflict of interest.

According to Arkham’s monitoring, Nate, founder of Long.xyz – a meme coin issuance platform linked to Robinhood’s crypto equities – purchased $3,800 worth of the meme coin Artificial Inu (AI) two months ago when AI’s market cap stood at $219,800, and has not sold any of the tokens since. Today, those holdings are worth $2.92 million, delivering a 758x return. He currently holds a total of $6.38 million in AI, with 54% of his position transferred from other addresses, including 6 million AI tokens sent by HawX.

According to HTX market data, NEAR has continued its rally to break through $3.5, currently trading at $3.51, with its 24-hour gain expanding to 30.9%. BlockBeats previously reported that NEAR is repositioning itself as an underlying infrastructure for multi-chain transactions and AI agents: users do not need to understand the complex structure of blockchain, as wallets and agents can automatically complete cross-chain operations, swaps, and payments. NEAR’s investment logic is shifting from a high-performance Layer 1 to chain abstraction, cross-chain settlement, and AI agent infrastructure, aiming to gain larger growth space from the multi-chain ecosystem.

Prominent trader Bonk Guy stated in a post that meme coin USELESS, which has a market capitalization of roughly $270 million, has surpassed all other meme coins on Coinbase in trading volume, with the only exception being DOGE. For comparison, DOGE, SHIB, PEPE, and TRUMP have respective market caps of approximately $13 billion, $3.16 billion, $1.54 billion, and $556 million. USELESS’s trading volume on Coinbase has long been higher than that of meme coins including SHIB, PEPE, and TRUMP. Meanwhile, its number of token holding addresses and open interest in Hyperliquid perpetual contracts have both hit all-time highs; spot and perpetual contract trading volumes remain elevated, market attention on the coin is sustained, and it has been listed on leading crypto exchanges. He believes that USELESS is forming the liquidity and adoption traits required for a major meme coin expansion, and a strong rally to catch up with DOGE’s valuation is not out of the question, though this assessment is his personal view.