On June 5, according to monitoring by Trader T, the US spot Ethereum ETF saw a net inflow of $18.87 million yesterday.

Market data shows that BTC has fallen below $63,000, currently priced at $62,976, with a 24-hour increase of 0.83%. The market is experiencing significant fluctuations, so please ensure proper risk management.

On June 4, Bloomberg reported that a key committee in the U.S. House of Representatives is preparing to introduce a cryptocurrency tax bill as early as this Friday. These bills will cover staking and mining rewards, aiming to align the tax rules for digital assets with those for traditional securities.

On June 4, space stocks saw significant gains, with Momentus rising over 24%, Virgin Galactic up over 18%, Redwire increasing by over 17%, and York Space Systems gaining more than 7%. Boeing, GE Aerospace, and Rocket Lab also saw nearly 3% increases. In news, SpaceX disclosed in a filing submitted to the U.S. Securities and Exchange Commission (SEC) on Wednesday that it plans to set the offering price at $135 per share before officially launching the IPO roadshow, aiming to raise $75 billion. At this offering price, SpaceX's valuation would reach $1.77 trillion, making it the seventh-largest publicly traded company in the U.S., surpassing Tesla's current valuation of approximately $1.6 trillion. SpaceX plans to officially list on the Nasdaq stock exchange on June 12. In its lengthy prospectus, SpaceX anchors its total addressable market (TAM) at an unprecedented $28.5 trillion.

On June 4, SpaceX launched an IPO promotion for retail investors through a video early Thursday morning. In this 17-minute video, Chief Financial Officer Bret Johnsen connected the company's rocket, satellite, and artificial intelligence businesses. This presentation is part of the company's efforts, led by Elon Musk, to attract ordinary investors globally. Media reports have indicated that these buyers are a key component of SpaceX's IPO strategy, with up to 30% of the $75 billion issuance allocated to such investors. Johnsen was the only person featured in the video, where he introduced himself as the company's first and only CFO. The video is available on the company's website, spacexipo.com, which prominently encourages visitors to open brokerage accounts. Johnsen stated, 'Elon founded SpaceX with the goal of changing humanity and making us a multi-planetary species. It is incredibly exciting that we have already been able to expand this vision through the Starlink constellation and our AI solutions.' The roadshow outlined several future goals but did not specify timelines for achieving them, including increasing gross margins from last year's 49% to around 70% and achieving a net profit margin of approximately 45%, compared to last year's negative 26%. The company also outlined grand ambitions in the video, including sending data centers into space. The video further detailed its operations, including reusable rockets and the Starlink satellite system providing broadband internet access to Earth.

Market data shows that BTC has surpassed $64,000, currently priced at $64,033.43, with a 24-hour decline of 4.37%. The market is experiencing significant volatility, so please ensure proper risk management.

On June 4, the Nasdaq Golden Dragon China Index rose over 0.5%. Daqo New Energy increased by 6.94%, Niu Technologies rose by 6.25%, Tencent Music grew by 3.99%, Yikatong Technology climbed by 3.76%, and Bilibili saw an increase of 3.47%.

On June 4, the Philadelphia Semiconductor Index fell over 4%, with Broadcom experiencing a significant drop of over 14%, leading the decline in the U.S. semiconductor sector. Arm and Micron Technology both fell over 6%, while AMD and Marvell Technology dropped over 5%. ON Semiconductor fell over 4%, and Qualcomm, Applied Materials, and GlobalFoundries each declined over 3%. Intel, Analog Devices, and ASML saw declines of over 2%. In terms of news, Broadcom reported total revenue of $22.187 billion for Q2 of fiscal year 2026, a year-on-year increase of 48%, with AI revenue reaching $10.8 billion, up 145%, both exceeding market expectations. Looking ahead to the third fiscal quarter, the company expects AI revenue to reach $16 billion, a quarter-on-quarter increase of 48% and a year-on-year increase of 210%. Citigroup analysts pointed out that the $16 billion AI revenue guidance is below their expected $17.5 billion and also below the market consensus expectation of $16.3 billion. Meanwhile, Broadcom's CEO merely reaffirmed the existing target of 'over $100 billion' in AI revenue for fiscal year 2027 without any enhancements, which directly triggered market disappointment.

On June 4, Micron Technology's stock price dropped by 7.61%, closing at $997.40 per share, with a total market capitalization of $1.12 trillion.

On June 4, U.S. stock markets opened with mixed results. The Nasdaq fell by 1.02%, the S&P 500 dropped by 0.34%, while the Dow Jones rose by 0.97%. Broadcom saw a significant drop of over 14%, with its third-quarter AI revenue guidance set at $16 billion, a 210% year-on-year increase, which still fell short of market expectations. CrowdStrike also declined by over 9%, as its second-quarter earnings guidance did not 'impress the market,' with analysts noting that recent stock prices have already fully reflected the positive outlook.