Crypto Daily|MARA Reports Record Bitcoin Mining Performance in May; Trump-Tied Bitcoin ETF Edges Closer to Launch

Tiger Newspress
04 Jun

Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.

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MARA Reports Record Bitcoin Mining Performance in May 2025

MARA Holdings achieved a record high with 282 blocks mined in May 2025, producing 950 Bitcoin (BTC). The company increased its BTC holdings to 49,179, marking substantial monthly growth.

MARA Holdings, a leading digital energy and infrastructure company, announced significant achievements in its Bitcoin (BTC) mining operations for May 2025. The company reported a record-breaking performance with 282 blocks mined, reflecting a 38% increase from the previous month, according to MARA.

Trump-Tied ‘Truth Social Bitcoin ETF’ Edges Closer to Launch

Trump Media & Technology Group Corp. appears to be one step closer to launching an exchange-traded fund tied to Bitcoin, joining the crowded field of crypto-investment offerings for the retail masses.

NYSE Group Inc. filed regulatory paperwork on Tuesday to list the Truth Social Bitcoin ETF, using the name of President Donald Trump’s social network.

Trump Aide Hassett Reveals Coinbase Stake of at Least $1 Million

Kevin Hassett, one of President Donald Trump’s top economic officials, revealed holding a stake in Coinbase Global Inc. worth at least $1 million thanks to his work as an adviser for the US crypto exchange, according to his financial disclosure.

The Coinbase shares, listed as vested stock, could be worth as much as $5 million, according to the document, in which officials value their assets within broad ranges. Overall, Hassett’s reported assets are worth at least $7.6 million, the document shows.

Bitcoin Spot ETF Flow

The overall net outflow of the US Bitcoin spot ETF on Tuesday was $320.08 million. The total net asset value of Bitcoin spot ETFs is $126.8 billion, and the ETF net asset ratio (market value compared to total Bitcoin market value) is 6.06%. The Bitcoin spot ETF with the highest net inflow on June 3 was ARK 21Shares Bitcoin ETF, with a net inflow of $139.93 million. Following that was Fidelity Wise Origin Bitcoin Fund, with a net inflow of 136.83 million, according to SoSoValue.

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