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U.S. Spot Bitcoin ETFs See $1.72 Billion Outflow in a Week

From June 1 to June 5, U.S. spot Bitcoin ETFs experienced a net outflow of $1.72 billion. This marks the largest weekly withdrawal in over a year, according to The Block, citing SoSoValue. The largest outflow was from BlackRock's IBIT, amounting to approximately $1.34 billion. Amid weakening flows, Bitcoin fell to $61,195 but later recovered above $63,000.

Classiq and UC Chile Explore Quantum Algorithms for Medical Imaging

Classiq and Pontificia Universidad Católica de Chile have initiated a 12-month project to develop hybrid quantum algorithms for the analysis of biomedical images and computational pathology, according to a press release. Initially, the team will focus on kidney pathologies, including lesion classification, glomeruli segmentation, and pattern detection in histological images. The project will utilize the Classiq platform and NVIDIA CUDA-Q; the selected algorithms will be simulated on NVIDIA infrastructure, executed on IonQ quantum hardware, and compared with classical machine learning methods.

Galaxy Digital Lowers CLARITY Act Approval Odds to 60%

Galaxy Digital has reduced its estimate of the likelihood of the CLARITY Act being passed in 2026 from 75% to 60%. The company believes the US Senate should consider the bill in July before the August recess, or the window for its advancement will narrow. Among the key obstacles, Galaxy cites unresolved issues regarding ethics provisions and combating illicit finance.

OpenAI to Launch ChatGPT as a Super App

OpenAI plans to release an updated ChatGPT in the coming weeks as a super app featuring programming tools and AI agents, according to TechCrunch, citing the Financial Times. The company aims to enhance competition with Anthropic among corporate clients and position ChatGPT as an entry point to paid products, including Codex.
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