๐ฝ On May 14 (ET), spot Bitcoin ETFs recorded total net inflows of $131 million, with BlackRockโs IBIT leading at $144 million in net inflows.
Spot Ethereum ETFs saw total net outflows of $5.6511 million, marking the fourth consecutive day of net outflows.
Spot Ethereum ETFs saw total net outflows of $5.6511 million, marking the fourth consecutive day of net outflows.
๐ฃ Senator Elizabeth Warren says that the Cryptocurrency Clarity Act "will explode the economy" as it pushes a large portion of the economy towards cryptocurrency regulation.
๐ต๏ธ The Dartmouth College ETF invests in a Solana ETF, with its cryptocurrency holdings amounting to $14 million.
cointelegraph #etf
cointelegraph #etf
๐ฐ๐ท๐ค #OKB OKX plans to acquire 20% of South Korean cryptocurrency exchange Coinone.
๐ฅท According to ZachXBT, THORChain appears to have been exploited across multiple chains, including Bitcoin, Ethereum, #BSC, and Base. Stolen funds have already exceeded $10M.
๐บ๐ธ๐ USA - NY Empire State Manufacturing Index (May) = +19.6 (exp +7.3 / prior +11)
๐ต๏ธ Strategy to Repurchase $1.5B Convertible Notes, May Fund Deal With Bitcoin Sales
The company disclosed in an 8-K filing that it has agreed to repurchase approximately $1.5 billion principal amount of its outstanding 0% Convertible Senior Notes due 2029 for an estimated $1.38 billion in cash through privately negotiated transactions. Funding may come from cash reserves, ATM equity sales, and/or Bitcoin sales.
The company disclosed in an 8-K filing that it has agreed to repurchase approximately $1.5 billion principal amount of its outstanding 0% Convertible Senior Notes due 2029 for an estimated $1.38 billion in cash through privately negotiated transactions. Funding may come from cash reserves, ATM equity sales, and/or Bitcoin sales.