Market News - 05/14

🇺🇸 Over $66M flowed into US Bitcoin Spot ETFs on 13/05, with Fidelity leading at +$38.6M. No funds had to sell.
( https://farside.co.uk/?p=997)

🇭🇰 Hong Kong's BTC and ETH ETFs erased 2 weeks of inflows in just one negative session of $39M yesterday.
(https://farside.co.uk/?p=1508)

🎮 GameStop ($GME) stock surged 110%, pulling up a slew of memecoins after the person who sparked the GameStop frenzy resurfaced for the first time since 2021.
(https://finance.yahoo.com/news/gamestop-trader-roaring-kitty-return-150020419.html)

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UBS is the next major bank to publicly disclose holding 145,692 USD of BlackRock Bitcoin ETF shares.
(https://cryptoslate.com/vanguard-blackrock-up-mstr-holdings-while-tradfi-firms-continue-disclosing-bitcoin-etf-investments/)

💵 Tether CEO denies allegations of being investigated by the US, made by Ripple CEO Brad Garlinghouse.
(https://twitter.com/paoloardoino/status/1789921257632207233)

🪪 Over 100K wallets have "self-reported" L0 sybil (Out of 6M wallets, only around 400K-800K real wallets are eligible for the airdrop).
( https://twitter.com/PrimordialAA/status/1790033102837797069)

💸 L0 project Holograph $HLG airdropping 5% of total supply to users who interacted with NFTs on the platform.
(https://mirror.xyz/holographxyz.eth/VwVSwT0BqujmLuq5Xnm4exDnx90Wl7c6WaqX8EuOuQI)

🌞 Solana DEX Drift reallocating airdrop, opening claim window from 7pm on 16/05.
(https://twitter.com/DriftFDN/status/1790141570685051034)

🚨 Layer-3 Degen Chain experiencing issues, network down for over 1 day.
(https://explorer.degen.tips/)