š What's Happening in the Market?
On Monday, Bitcoin consolidated below $65 thousand and after an unsuccessful attempt to break through this level, its price dropped to the support of 63 thousand, where BTC is currently trading.
š£ According to Farside, on May 6, the inflow into US ETFs amounted to $217 million. At the same time, the Grayscale ETF recorded an influx of capital for the second day in a row, on level of $3.9 million.
šš° ETFs in Hong Kong, on the contrary, are facing capital outflow, since on May 06 the total outflow amounted to $1.7 million. At the moment, ETFs in Hong Kong accumulated 4388 BTC.
š¹ SEC delayed adoption decisions on the Invesco application
Galaxy to Ethereum Spot ETF with the next deadline on July 5th. ETH price continues to trade above $3,000.
