Circle Plunges, Trump Discloses $1B in Crypto, and ETFs Hit Record Outflows

Chain Reaction by Capital Copilot · Jul 1, 2026 · 3m · transcript

Today's episode covers the major upheavals shaking crypto markets. Circle's stock dropped seventeen percent after over 140 companies including Stripe, Coinbase, and Visa launched Open USD, a competitor stablecoin sharing reserve income with partners. President Trump disclosed over one billion dollars in cryptocurrency earnings from memecoins and World Liberty Financial, intensifying debate around the stalled CLARITY Act. U.S. spot Bitcoin ETFs recorded their worst month ever with four point five billion dollars in outflows during June. Meanwhile, regulators worldwide advanced frameworks: the…