Today, Bitwise Asset Management announced the launch of the Bitwise GME Option Income Strategy ETF (IGME), the first-ever covered call ETF centered around GameStop (GME). The fund arrives at a moment where GameStop recently made headlines for its $500 million Bitcoin treasury strategy.

GameStop is embracing bitcoin; we built an income-generating ETF designed to capture that hype and turn it into yield.

Introducing $IGME: The first option income ETF capitalizing on investor interest in @gamestop and their adoption of bitcoin as a treasury asset.

As the fourth… pic.twitter.com/EHaXX9PK7X

— Bitwise (@BitwiseInvest) June 10, 2025

Led by Bitwise’s Head of Alpha Strategies Jeff…

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Bitcoin has officially completed 30 consecutive days trading above the $100,000 mark, marking a historic milestone in its 15 year journey. Bitcoin achieved its all time high (ATH) of $111,980 on May 22, almost hitting $112,000.

In the last 30 days, Bitcoin saw a 10 percent pullback right after reaching its ATH, dropping to $100,428. However, it wasn’t for long, as Bitcoin is back at $109,511 at the time of writing. Momentum appears to be building once again, signaling to be bullish.

“Anytime price is able to punch through a major resistance level, whether psychological or historical, and successfully hold, it is certainly a bullish sign,” said the technical analyst of…

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American Bitcoin Corp (ABTC), a newly formed private Bitcoin mining company backed by Eric Trump and Donald Trump Jr., announced in a June 10 SEC filing that it has acquired 215 Bitcoin (BTC) since launching operations on April 1, 2025. The reserve is currently valued at approximately $23 million, showing their drive and commitment to Bitcoin. 

JUST IN: American Bitcoin Corp (private) reports to have 215 #bitcoin (per 31 May) since it’s launch on April 1, 2025.

They will merge with Gryphon Digital $GRYP and become public under ticker $ABTC.

They mention “Bitcoin accumulation is not a side effect of ABTC’s business.… pic.twitter.com/wq1Uxr76Z2

— NLNico (@btcNLNico) June 10,… Read more on BitcoinMagazine

US investment giant Guggenheim is deepening its move into digital finance by partnering with Ripple to expand its commercial paper offering on the XRP Ledger. The collaboration will bring a US Treasury-backed fixed-income product to the blockchain offering more accessibility to crypto-native markets.

Ripple will invest $10 million into the product which is backed fully by US Treasurys and offers flexible maturity options of up to 397 days. RippleX executive Markus Infanger stated the asset may also be available through Ripple’s US dollar-pegged stablecoin RLUSD which has already reached a $350 million circulation since launching in December.

Guggenheim continues to bridge traditional finance and blockchain innovation following its earlier move in September 2024 when it tokenized a $20 million commercial paper offering on the Ethereum network. This latest step highlights growing confidence in crypto integration across institutional finance.

Source

Canaan Inc. (NASDAQ: CAN), an innovator in Bitcoin mining, reported today their bitcoin mining update for the month ending May 31, 2025, with 109 bitcoins mined. The company’s total bitcoin holdings rose to 1,466 BTC. 

“In May 2025, despite the 10% increase in tariffs on our Malaysia-made Bitcoin mining machines due to ongoing U.S. trade uncertainties, we remained focused on executing our strategic priorities with discipline and agility,” said the Chairman and CEO of Canaan Nangeng Zhang. “By capitalizing on the favorable momentum in bitcoin prices, we achieved a 25% month-over-month increase in our bitcoin production, reaching a record 109 bitcoins. This performance marks…

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In an expansion of its digital asset portfolio, Quantum BioPharma Ltd. has announced the purchase of an additional $500,000 in Bitcoin and other cryptocurrencies, bringing its total holdings to USD $5,000,000. The Canadian biopharmaceutical company made the move after securing approval from its Board of Directors.

“Quantum BioPharma Ltd. is pleased to announce that after receiving approval from the Board of Directors, the Company has purchased additional Bitcoin and other cryptocurrencies as part of its strategic efforts. This brings the total amount of BTC and other cryptocurrencies purchased to USD $5,000,000. As previously announced the company will continue to allow for…

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Brian Quintenz pledged to bring clarity and innovation to crypto regulation during his upcoming nomination hearing to lead the Commodity Futures Trading Commission. Nominated by President Donald Trump Quintenz said he would push for a comprehensive framework including clear token classifications and defined oversight of crypto trading markets.

A former CFTC commissioner and current global policy head at a16z crypto Quintenz said his global experience will guide U.S. leadership in blockchain regulation. He emphasized that blockchain is a foundational technology with impacts far beyond finance. He plans to share global insights with Congress and the CFTC to craft smart and effective regulation.

Quintenz called crypto and blockchain transformative tools that empower individuals with control over digital identity and intellectual property. He promised to support innovation while holding bad actors accountable. Ahead of his hearing Quintenz also disclosed \$3.4 million in assets and vowed to avoid conflicts of interest by recusing from related matters if confirmed.

Bloomberg