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FOMO HOUR 118 - ARE THE ETFS BACK?

Bitcoin has best day in 2 months after dovish CPI. ETFs see $300M inflow, highest in weeks. ETH continues to underperform ahead of ETF ruling. Millennium buys $2B of BTC ETF. CME group to launch BTC spot trading. Fed’s Kashkari compares BTC to beanie babies. Tate says he will buy $100M BTC. El Salvador now owns 5750 BTC. Binance creates ‘antidote’ to address poisoning. Tornado Cash developer appeals conviction. China busts $1.9B USDT banking racket. MEV bot operators charged with fraud by DoJ. Swiss to adopt global crypto tax rules. FTX repayments create ‘bullish overhang’ for crypto. SEI up 30% after proposing v2 upgrade.

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May 20, 2024

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