‘Rally without conviction’: Bitcoin ETFs see $630M in outflows as corporate treasury demand drops and resistance builds
Bitcoin ETFs posted $630M in outflows on May 13 as corporate treasury buying slumps and a $2B gamma cluster threatens volatility near $82K....
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Moody’s awards top rating to Fidelity and BlackRock's tokenized money market funds
Moody's awarded AAA-mf ratings to Fidelity and BlackRock's tokenized money market funds, validating their safety as onchain yield products. Fidelity's FILQ launched May 6 on Sygnum's platform with JPMorgan, Apex Group and Chainlink support. Tokenized U.S. Treasury products surged to $15 billion AUM in two years, reflecting institutional demand for real-time settlement and low-risk onchain instruments.
Bitcoin investors yanked $635 million from spot ETFs in a day. Here's what it means for price
Bitcoin spot ETF investors withdrew $635 million in a single day—the largest outflow since late January—as the cryptocurrency stalled below its 200-day moving average near $82,000. The pullback reflects renewed U.S. inflation concerns weighing on markets. However, the correlation between ETF flows and Bitcoin price has weakened significantly, suggesting other macro factors now drive price action more than fund flows alone.
