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Golden Ten Data reported on June 9 that oil-themed LOF funds have pulled back, with Southern Oil LOF dropping over 5%, Harvest Oil LOF falling over 4%, and Oil Fund LOF, HuaAn Oil & Gas LOF, and Oil LOF all declining more than 3%.

According to ChainCatcher, Forbes reports that although stablecoin trading volumes have exceeded $10 trillion over the past year, most activity remains concentrated in crypto-native sectors such as trading, arbitrage, and settlement between protocols, with limited application in everyday commercial payments. WasabiCard CEO Ray Yang pointed out that the transfer of funds itself is no longer the core issue; licenses, compliance, risk management, and banking capabilities are now the key foundations for achieving large-scale adoption. Forbes notes that while stablecoin settlements can significantly improve cross-border payment efficiency, each market has different compliance standards, licensing requirements, and banking relationships. Building localized compliance on a market-by-market basis is both slow and costly, creating a contradiction with the instant global settlement that stablecoins promote. The current stablecoin market now exceeds $320 billion, and industry discussion is shifting from whether stablecoins can replace existing networks to how they can be integrated into them. Forbes believes that the problem of the last decade was moving money, while the challenge of this decade is ensuring global payments can operate compliantly and at scale in a fragmented regulatory environment.

According to a Bloomberg report, Bitcoin's market value has decreased by about $23.5 billion this year, while the total altcoin market cap has fallen from $43.1 billion in November 2021 to approximately $17 billion. Despite this, annual stablecoin trading volume has reached $390 billion, and stablecoins are integrating into global payment systems. Wall Street companies are accelerating the tokenization of stocks, bonds, and money market funds. BlackRock's tokenized money market fund BUIDL now has assets valued at $2.4 billion. Nasdaq has partnered with an exchange to offer tokenized stocks, and currently, over $3 billion in assets have been tokenized.