Here’s what happened in crypto today

Here’s what happened in crypto today

Today in crypto, Donald Trump has disclosed $57.4 million in income from his involvement with World Liberty Financial, spot Ether ETFs have posted an outflow day after a record inflow streak. Meanwhile, US Senate lawmakers are scheduled to vote on an amended stablecoin bill next week. Trump discloses $57M crypto windfall from World Liberty FinancialUS President Donald Trump has disclosed $57.4 million in income from his involvement with World Liberty Financial, a cryptocurrency venture he backs alongside his sons Donald Jr. and Eric.The details emerged in Trump’s 2025 public financial disclosure, filed with the US Office of Government Ethics on June 13. The filing reveals that Trump holds 15.75 billion governance tokens in World Liberty Financial, which also grants him voting rights.While the document does not elaborate on the precise structure or market value of the governance tokens, the substantial reported income suggests that Trump has monetized some portion of the position or that the tokens were valued for disclosure at a high internal rate.The filing simply states the income as “$57,437,927” without detailing whether the gain was realized through token sales, staking rewards, or other mechanisms.Spot Ether ETFs post outflow day after record 19-day inflow streakUS-based spot Ether exchange-traded funds (ETFs) have posted the first net outflow day after a record 19-day streak of consecutive inflows.On June 13, spot Ether (ETH) ETFs recorded net outflows of $2.1 million, ending the longest inflow streak since the products’ launch in July 2024, according to Farside data.The streak began on May 16, excluding the market closure on May 26 for US Memorial Day. The ETFs accumulated a total of $1.37 billion in inflows over the 19-day streak, representing roughly 35% of the products’ total $3.87 billion net inflows. On June 11, spot Ether ETFs saw its largest daily inflow in more than four months, totaling $240.3 million.US Senate prepares to vote on stablecoin billUnited States Senators are scheduled to consider a vote on the GENIUS Act on June 17, according to a notice from Senate Democrats.Before the vote, lawmakers are expected to propose several amendments to the bill, including one that prevents elected officials and their families from profiting through connections to the cryptocurrency industry.“The Senate will vote on passage of the bill, as amended, at a time to be determined by the Majority Leader in consultation with the Democratic Leader on Tuesday, June 17th,” Senate Democrats said.While the Senate focuses on stablecoin regulation, House lawmakers are advancing a market structure bill that would define the respective roles of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in overseeing the cryptocurrency sector.

Cointelegraph