The Crypto Monthly: June 2026

Research evidence excerpt

The Crypto Monthly: June 2026

Equity Research

U.S. Brokers, Asset Managers & Exchanges

6 July 2026

June global spot exchange volumes continued to fall m/m

while asset prices and ETF flows were more mixed m/m, and

we saw a number of headlines across the industry related to U.S. Brokers, Asset Managers & Exchanges POSITIVE

regulation, stablecoins, product launches, and more. U.S. Brokers, Asset Managers &

Exchanges

The Crypto Monthly is intended to provide investors with relevant crypto-related news, Benjamin Budish, CFA

including corporate, regulatory events, ETF updates, as well as crypto asset prices and spot +1 212 526 2418

exchange volumes. benjamin.budish@barclays.com

BCI, US

Over the course of June, regulatory bodies in both in Asia and Europe implemented legislation Mason Fleming

to provide a framework when governing crypto assets. South Korea decided to classify +1 212 526 7025

tokenzied assets as securities and UK regulators implemented a broad framework around mason.fleming@barclays.com

crypto firms, specifcally trading platforms' disclosures of crypto assets, as well as customer BCI, US

protection protocols. In the US, we continue to await further developments with the Clarity Act, Chris O'Brien

with July a critical month given the August recess for Congress. We also saw the announcement +1 212 526 9284

of a very large consortium of financial and technology players, partnering to support a new chris.obrien@barclays.com

stablecoin, OpenUSD, which is expected to launch later this year. Regarding crypto activity in BCI, US

June: Asset prices fell m/m, while spot exchange volumes rose although exited at a run rate Mark McLaughlin, CFA

similar to April/May. Spot BTC and ETH ETFs flows were negative, with BTC ETFs seeing total +1 212 526 9320