📊 Today's crypto news: 1. The US spot BTC ETF funds have not fully recovered yet, and there has recently been continuous outflow pressure; CoinDesk data shows that last week Bitcoin fund outflows approached $1 billion, but products like XRP and Solana instead experienced inflows, indicating that funds are not completely leaving the crypto market but are undergoing structural rotation. 2. Progress has been made in US-Iran negotiations, and the market expects both sides may extend the ceasefire and reopen the Strait of Hormuz; Reuters reports that related plans include a 60-day ceasefire extension, opening of shipping lanes, and partial sanctions exemptions, which directly lowered crude oil prices and eased inflation and interest rate pressures. 3. **The US market is closed today due to Memorial Day**, and short-term liquidity may decrease; Barron’s reports that US stock futures rose on hopes of a US-Iran agreement, and the market is now focusing on the PCE inflation data to be released later this week, which will influence Federal Reserve rate expectations and risk asset sentiment.