Bitcoin Holds Near $64K as ETFs Draw $85.85M, SpaceX Lists 18,712 BTC

Bitcoin News

BlackRock, the largest U.S. asset manager, filed a Form 8-A registration statement for its yield-oriented iShares Bitcoin Premium Income ETF (BITA) with the SEC on June 11. According to the official filing (SEC EDGAR), the fund is built to sell call options against holdings such as IBIT shares and distribute the resulting premium to investors each month, with the sponsor fee set at 0.65% a year — below the two largest existing yield products of its kind. An 8-A filing typically clears the way for a listing within about a week, and trading on Nasdaq could begin as soon as next week. The move sharpens competition in second-generation Bitcoin products that go beyond the simple spot-tracking ETF.

Metaplanet said on June 12 that it will acquire Siiibo Securities — a firm specializing in private placements of retail-targeted corporate bonds — for ¥2.1 billion and make it a wholly owned subsidiary. After the deal closes in July, the unit will be renamed Metaplanet Securities. Per the company’s investor-relations disclosure, Metaplanet intends to use Siiibo’s Type I financial instruments license and client base to build and sell yield products such as BTC-linked bonds and security tokens under an initiative dubbed Project Nova. The company held 40,177 BTC as of the end of May 2026. The shift signals an ambition to evolve from a long-term holder into a financial platform built around Bitcoin.

In Washington, the full text of the United States Reserve Modernization Act 2026 (H.R.8957) was published in the House on June 8, proposing a 20-year ban on selling federally held Bitcoin. The bill would establish a Strategic Bitcoin Reserve inside the Treasury and bar the government from disposing of acquired Bitcoin — through sale, exchange, auction, or pledging as collateral — for two decades. It would also require a quarterly, cryptographically verified proof of reserves, making the government’s holdings externally auditable. By codifying long-term holding as national strategy, a passage could become a structural supply-side tightening factor.

In Japan, a bill moving crypto-asset oversight under the Financial Instruments and Exchange Act passed the House of Representatives in a plenary vote on June 11, following committee approval on June 10. It cleared with majority backing from the LDP, Ishin, and the Democratic Party for the People, while the Communist Party and Sanseito opposed it. The legislation now moves to deliberation in the House of Councillors. Shifting crypto from the Payment Services Act to the FIEA reclassifies digital assets as financial products, with implications for domestic exchanges and plans to list Bitcoin futures locally. Investor protection and an insider-trading framework are the central issues.

At the protocol layer, a dispute among developers is intensifying over Bitcoin Improvement Proposal 110 (BIP-110), which seeks to limit the non-financial data that can be embedded in transactions. By targeting arbitrary data inscriptions on the base layer such as Ordinals and Runes, the proposal leans on a low 55% signaling threshold and a fail-safe enforcement mechanism rather than the near-unanimity that has traditionally governed changes — and that is where the friction lies. Blockstream CEO Adam Back warned that enforcement without economic alignment could fracture the chain into a minority fork, and developer Jameson Lopp called the approach an overreach. It has become one of the most consequential governance fights in the network’s history over the legitimacy of its consensus mechanism.

Corporate treasury strategies, meanwhile, diverged. Strategy chairman Michael Saylor posted his holdings tracker chart on X on June 7 with a caption suggesting it was a good time to add another dot — hinting at further accumulation as the firm buys back following an earlier sale. By contrast, game developer enish announced on June 9 that it had sold its entire Bitcoin position. The split between firms still stacking for the long term and those locking in profits reflects the uneven mood across blockchain-linked companies. On the demand side, a slowdown in ETF inflows has drawn attention, fueling caution over thinner summer liquidity.

(as of 05:45 UTC) COINOTAG’s 42-indicator composite S/R scoring engine rates resistance at $64,764 — just above the spot price of $64,363 (up 1.24% over 24 hours) — at 83/100 (STRONG), citing a bearish pin bar, the 0.236 Fibonacci level, and the prior-day high stacking together. Just below, support at $64,173 scores 79/100 where S1 and the 0.214 Fibonacci converge. In derivatives, the funding rate sits slightly negative at -0.0007%, open interest stands at roughly $12 billion, and the long ratio of 60.3% leaves positioning buy-heavy — yet the Fear & Greed index reads 18 (extreme fear). A decisive candlestick break above $64,764 puts $71,006 in view, while a loss of $59,131 support would invalidate the bullish scenario.