๐BITCOIN 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.
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.
๐ฎ๐น ITALYโS BIGGEST BANK DOUBLED ITS CRYPTO EXPOSURE TO $235M
Intesa Sanpaolo, managing over โฌ1 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.
Intesa Sanpaolo, managing over โฌ1 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.
โก๏ธLIBERLAND 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.
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: ๐บ๐ธOver 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.
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: Japanโs SBI and Rakuten are preparing to sell in-house crypto investment trusts for $BTC and ethereum:native exposure.
๐จTom Leeโs Bitmine Bags Another $154M in Ethereum, BMNR Stock Slips โก๏ธ Read More
CoinGape
Tom Lee's Bitmine Bags Another $154M in Ethereum, BMNR Stock Slips
Bitmine expands its Ethereum bet with a $154M ETH purchase despite market volatility, while BMNR stock declines as Tom Lee stays bullish on Ethereumโs long-term growth.
๐ฏ๐ต JAPAN TO BUILD A FINANCIAL SYSTEM POWERED BY AI & BLOCKCHAIN
Japanโs 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
Japanโs 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
This media is not supported in your browser
VIEW IN TELEGRAM
๐จLATEST: 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.
@headlines
@headlines
โ๏ธSENATE 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
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
๐จJUST IN: Trump's Truth Social has filed to withdraw its Bitcoin $BTC ETF application with the SEC.
@headlines
@headlines
Forwarded from The Finance Journal
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
Please open Telegram to view this post
VIEW IN TELEGRAM