RENT-A-NEWS SECTION

💰 Bitcoin SPOT ETF Cash Splash Summary in early May 2024

✨ BlackRock (IBIT): $22M

✨ Fidelity (FBTC): $99.2M

✨ Bitwise (BITB): $2.1M

✨ Ark Invest and 21Shares (ARKB): $75.6M

✨ Invesco and Galaxy Digital (BTCO): $11.1M

✨ Franklin Templeton (EZBC): $1.8M

🔎 Valkyrie Digital Assets (BRRR): Zero

✨ VanEck (HODL): Contributed $1.8M

🔎 WisdomTree (BTCW): Nothing to see here

✨ Grayscale Investments (GBTC): $3.9M

🔎 Hashdex (DEFI): Not even a penny

💸Grand Total: Splashed out a whopping $217.5M

🥶 #Bitcoin ETFs Bleeding Cash Like Never Before

Bitcoin ETFs had a roaring start, with record cash flowing in during the first two months after their launch.

However, things took a turn over the past month as money started flowing out of these funds.

In the last week of April, these crypto investment products saw a staggering $435M "cash bleed," according to @CoinSharesCo.

On May 1st, amid wild @Bitcoin price swings, investors withdrew a jaw-dropping $563.7M from Bitcoin Spot ETFs.

🤝 @LayerZero_Labs Teams Up with @nansen_ai & @chaos_labs for Sybil Campaign.

#LayerZero CEO drops the bombshell that employees are barred from snagging upcoming #airdrops!!!

💥 @MetaMask Unleashes Smart Transactions to tackle MEV woes and save users from burning through their pockets with hefty fees.