1. Bitcoin spot ETF saw net inflows of $623 million last week, continuing net inflows for 6 straight weeks

The $3.4 billion over 6 weeks is still ongoing. Institutional buying of $BTC hasn’t stopped, but it has already started to slow down in the second half of last week.

2. Ethereum spot ETF posted net inflows of $70.49 million last week, with BlackRock’s ETHA taking the lead with net inflows of $100 million
The $ETH ETF is essentially propped up entirely by BlackRock. After removing ETHA’s $100 million, the rest is net outflows. Institutions still have differing views on $ETH .

3. The Shanghai Composite Index stands above 4,200 points, hitting a new high in over 10 years
As A-shares rise, $BTC is also rising. Risk appetite is recovering in sync, and global funds are all looking for an exit.

4. Polymarket: “There’s a 97% probability that Trump will visit China on May 13th”
It’s basically confirmed. Easing tensions between the U.S. and China is $BTC ’s biggest hidden positive; the cooling of trade tensions directly benefits risk assets.

5. OpenAI allows employees to sell shares
AI unicorns are starting to release liquidity, and it’s a bearish signal for pre-market trading of $OPENAI contracts.

6. Syndicate has completed compensation for holders affected by the bridge security incident and additionally issued a 15% compensation bonus
If something went wrong, they paid and gave an extra 15% as well—pretty conscientious by DeFi standards. But security incidents themselves shouldn’t happen.

7. Fuzhou Gulou Court rejects a lawsuit over a 480,000-yuan USDT wealth-management dispute and refers the case to public security authorities
The court doesn’t recognize a civil dispute over USDT wealth management; it goes straight to criminal proceedings. In China, the legal risks of trading USDT wealth management are very high.

8. JPMorgan raises its target price for the Korea KOSPI index to 10,000 points
The Korean stock market is being priced bullishly up to 10,000 points. The 2% premium on “kimchi” is no coincidence—Korean capital is in full FOMO.

9. A huge whale shorts US stocks in the storage sector totaling $15.2 million, with an unrealized loss of $2.47 million
The whale shorting U.S. stocks is losing money, while the whale going long on crypto is making money—the direction of the smart money is very clear.