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๐Ÿ“‰BITCOIN ETFS JUST SAW THEIR FIRST WEEKLY OUTFLOW IN 6 WEEKS

Spot bitcoin:native ETFs recorded -$290.42M in net outflows, the 2nd-largest daily outflow this month.

That brings weekly flows to -$1 BILLION, marking the first net outflow week in 6 weeks, and the largest since January.
๐Ÿ‡ฎ๐Ÿ‡น ITALYโ€™S BIGGEST BANK DOUBLED ITS CRYPTO EXPOSURE TO $235M

Intesa Sanpaolo, managing over โ‚ฌ1 TRILLION in client assets, has reportedly increased its crypto exposure from roughly $100M from Q4 2025 to around $235M in Q1 2026.

The bank added more Bitcoin exposure and bought Ethereum exposure for the first time.

The biggest new move is XRP exposure, worth around $26M at current prices.

This makes it Europe's largest publicly disclosed bank crypto allocator.
โšก๏ธLIBERLAND HONORS VITALIK BUTERIN

Justin Sun-led micronation Liberland awarded $ETH's founder Vitalik Buterin its top honor during ETH Prague 2026.

The move comes as Liberland continues pushing blockchain-based governance and digital citizenship.
BIG: ๐Ÿ‡บ๐Ÿ‡ธOver 1 in 5 high-level Trump officials hold crypto, worth at least $193 MILLION, per Washington Post.

By contrast, no Biden Cabinet officials reported holding digital currency.
JUST IN: The Crypto Fear & Greed Index dropped to 27 (Fear), its lowest since the month started.
JUST IN: Japanโ€™s SBI and Rakuten are preparing to sell in-house crypto investment trusts for $BTC and ethereum:native exposure.
๐Ÿ‡ฏ๐Ÿ‡ต JAPAN TO BUILD A FINANCIAL SYSTEM POWERED BY AI & BLOCKCHAIN

Japanโ€™s ruling party has approved a proposal to build next-gen financial infrastructure using AI and blockchain.

The plan focuses on 24/7 automated commerce, where AI agents can choose products and services while blockchain provides verifiable, tamper-resistant, programmable payments.

@headlines
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๐ŸšจLATEST: Sen. Cynthia Lummis outlines the next steps for the CLARITY Act: combining Senate Banking and Agriculture Committee bills, adding ethics language and technical refinements, before a Senate floor vote later this summer.

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this is not good, mom wants to meet the manager of EHT.

@headlines
โš–๏ธSENATE WANTS TO STOP TRUMP FROM CONTINUING THE IRAN WAR

The Senate advanced the resolution 50-47, which would require congressional approval for continued military action against Iran.

If passed, it could force Trump to withdraw U.S. troops, while an end to the war could bring relief across oil, stocks, and crypto.

@headlines
๐ŸšจJUST IN: Trump's Truth Social has filed to withdraw its Bitcoin $BTC ETF application with the SEC.

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Forwarded from The Finance Journal
๐Ÿ“‰ Barclays says history isnโ€™t kind to new Fed chairs.

Since 1930, US stocks have dropped an average of 12% during the first three months after a new Federal Reserve chairman takes over.

Kevin Warsh officially steps in on Friday, May 22 and Wall Street is watching closely for the next move.

The Finance Journal ๐Ÿ“ˆ
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