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Bitcoin Spot ETF Flow - 20th May 2024

- Net inflows for all the Bitcoin ETFs; +$237.2M

- Grayscale had an inflow of +$9.3M

Fidelity Amends Spot Ethereum ETF S-1 Filing, States The Trust's Ether "Will Not Be Staked".

THE FIDELITY ETHEREUM FUND SAYS THE TRUST’S ETHER WILL NOT BE STAKED - SEC FILING

JUST IN: 🇬🇧 Bitcoin and Ethereum ETPs approved for listing on the London Stock Exchange.

GOLDMAN NOW SEES US DEBT-TO-GDP RATIO HITTING 130% BY 2034 VS 97% PRIOR FORECAST

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Book another 25% margin. Leave rest 25% with sl at entry 👀

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The total market capitalization of #Crypto is consolidating after a 25% correction.

This correction entails a 50-70% correction on Altcoins.

Probably some more consolidation before a clean break of the all-time high.

#Bitcoin is becoming an important issue for this US Presidential Elections

I don’t think people realize how insane and bullish that is

I never thought presidents would already talk positive about #crypto in 2024

Neither did I expect the biggest banks and hedge funds to buy $BTC

Crazy cycle

JUST IN: 🇺🇸 Donald Trump says "I will keep Elizabeth Warren and her goons away from your Bitcoin

And I will never allow the creation of a Central Bank Digital Currency (CBDC)"

#BTC

Bitcoin experienced a five fakeouts below a ranges it was consolidating in, trapping bears, before quickly reclaiming the range🧐

If this pattern repeats, a massive upward leg for $BTC is expected soon📈

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The black swan risk now is a US recession, per Bloomberg.