The cryptocurrency market witnessed a series of significant developments on June 25, 2026. Spot Bitcoin ETFs recorded $469.08 million in net outflows, led by BlackRock’s IBIT, while SHIB exchange reserves surged to 80.5 trillion tokens. Meanwhile, SBI Group announced a $289 million acquisition of Japanese exchange Bitbank, and $10 billion in Bitcoin options are set to expire this week. Indonesia also introduced mandatory certification for crypto influencers.
Bitcoin ETFs See $469 Million Outflows
According to SoSoValue, the Bitcoin spot ETF market experienced a total net outflow of $469.08 million yesterday. The Grayscale Bitcoin Mini Trust ETF BTC recorded the highest net inflow at $23.56 million, bringing its historical total to $2.38 billion. On the other hand, BlackRock’s IBIT led outflows with $239.29 million, while its historical net inflow stands at $61.48 billion. The total net asset value of Bitcoin spot ETFs is $73.87 billion, representing an ETF net asset ratio of 6.04% and a historical cumulative net inflow of $52.75 billion.
SHIB Exchange Reserves Spike to 80.5 Trillion Tokens
The SHIB market is seeing a dramatic shift in investor sentiment. Large holders have begun transferring funds to centralized exchanges, interrupting a months-long accumulation trend. CryptoQuant data shows the Exchange Reserve indicator surged to 80.5 trillion SHIB over a few days. This expanded available supply drove the token’s price down to approximately $0.0000044. Daily net inflows into exchanges reached 749.8 billion SHIB, signaling strong selling pressure.
SBI Group Acquires Bitbank for $289 Million
SBI Group announced the acquisition of Japanese cryptocurrency exchange Bitbank for ¥46.7 billion (approximately $289 million). This move is expected to push SBI’s crypto custody balance above ¥1 trillion (about $6.2 billion), making it the largest crypto business in Japan. A subsidiary of SBI Holdings will acquire Bitbank shares from founders and other individual shareholders in August. Combined with SBI VC Trade’s accounts (as of April), the merged entity will have approximately 2.92 million total accounts and combined custodial assets of roughly ¥1.1 trillion.
$10 Billion Bitcoin Options Expiry Approaches
According to Bloomberg, Deribit will see approximately $10 billion in notional value of Bitcoin options expire on Friday, accounting for about 37% of current total open interest. The put-to-call ratio stands at 0.83, indicating bullish bets still dominate, but most call options are out-of-the-money. Puts are concentrated in the $60,000–$65,000 and $70,000–$75,000 ranges, suggesting bearish positions are more likely to profit. Jean-David Pequignot, Deribit’s Chief Business Officer, noted that this options portfolio, positioned for higher medium-term prices, is now under test amid falling spot prices.
Indonesia Mandates Certification for Crypto Influencers
Indonesia’s Financial Services Authority (OJK) issued Regulation No. 6 of 2026, requiring individuals who recommend cryptocurrencies to obtain competency certification unless they already hold a relevant license. The regulation limits influencers to promoting only digital assets listed on authorized exchanges. Any digital asset service provider featured in promotional content must hold the necessary regulatory license. Marketing campaigns must be conducted through regulated financial services businesses, which remain responsible for the promotional material.