Bitcoin, ether start June in the red while futures show taste for risk. XLM, HYPE gain

Bitcoin and ether fell Monday after dropping in May, a month that usually sees them post positive returns. U.S. equity index futures rose. What to know : Crypto markets opened June lower as tensions between the U.S. and Iran weighed on sentiment. Following spot bitcoin ETFs' record 10 straight days of net outflows totaling $2.97 billion, derivatives data show mildly bullish positioning and steady open interest, suggesting institutional risk appetite is stabilizing. Stellar’s XLM surged more than 40% after DTCC chose its network for a tokenized securities platform rollout, signaling a pivotal role for the public blockchain in Wall Street’s multichain tokenization strategy.(Coindesk)