In today’s briefing:
- April Showers Bring May Flowers
- Crypto Crisp: Three In A Row
April Showers Bring May Flowers
- BTC Spot ETFs Net $2Bn in May: Discover how consistent ETF inflows are driving Bitcoin’s impressive rally and near all-time highs.
- BTC Market Structure Insights: Learn about the consolidation patterns and market scenarios that could lead to Bitcoin breaking new highs.
- Upcoming Token Unlocks: Stay informed about significant upcoming token unlocks and their potential market impact.
Crypto Crisp: Three In A Row
- In the past one and a half months, exchange-traded crypto funds have been launched in two countries.
- Hong Kong introduced both Bitcoin and Ethereum exchange-traded products in late April, followed by the UK doing the same last week.
- Tomorrow, Australia will launch its Bitcoin spot ETF, but like the recent launches in Hong Kong and the UK, we do not expect it to be a major success.