đ 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.
đŁ 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.
đđ° 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.
đč 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.