• ETF flows for June 25, 2025: Bitcoin ETFs see $547.7M net inflows; Ethereum ETFs report $60.4M net inflows - [EI]

• U.S. preliminary May durable goods orders rise 16.4% month-over-month, exceeding estimate of 8.5%; ex-transportation orders increase 0.5% month-over-month, above estimate of 0.0% - [DB]

• US Q1 GDP declines annualized -0.5% quarter-over-quarter; estimate was -0.2% - [DB]

• US Q1 personal consumption rises 0.5% annualized, GDP price index up 3.8% annualized vs. est. 3.7%, and core PCE increases 3.5% annualized vs. est. 3.4% - [DB]

• US jobless claims at 236K for the week ending June 21, below the estimated 245K; continuing claims at 1.974M for the week ending June 14, above the estimated 1.950M - [DB]

• US pending home sales rise 1.8% month-over-month, surpassing the estimated 0.1% - [DB]

• S&P 500 closes up 0.9%, NASDAQ rises 1% - [DB]

• US presents trade deal proposal to EU - [DB]

• Bakkt Holdings files $1 billion shelf offering, may use proceeds to buy Bitcoin - [PN]

• ETF flows for June 26, 2025: Bitcoin ETFs see $226.7M net inflows, while Ethereum ETFs experience $26.4M net outflows - [EI]

• US May personal income falls 0.4% m/m; estimated rise of 0.3%, personal spending declines 0.1% m/m; estimated unchanged, real personal spending down 0.3% m/m; estimated unchanged - [DB]

• US May PCE price index rises 0.1% month-over-month, matching estimates; core PCE rises 0.2% M/M, above estimates; PCE index up 2.3% year-over-year, in line with estimates; core PCE up 2.7% Y/Y, exceeding estimates - [DB]

• S&P 500 reaches record high, surpassing February peak - [DB]

• S&P 500 opens 0.2% higher, NASDAQ rises 0.3% - [DB]

• Michigan June consumer sentiment revised to 60.7, above estimate of 60.5; 1-year expected inflation at 5%, down from 5.1% - [DB]

• Trump on crypto: If we didn't have crypto, China would. Bitcoin takes pressure off the dollar - [EI]

• Trump terminates all trade discussions with Canada immediately - [DB]

• Trump to inform Canada about tariffs within the next 7 days - [DB]

• S&P 500 and NASDAQ close up 0.5% - [DB]

• Bitcoin ETFs see $501.2M net inflows, Ethereum ETFs receive $77.5M on June 27, 2025 - [EI]

• Canada rescinds digital services tax to facilitate US trade negotiations - [DB]