📰 What you need to know this Wednesday, May 14

📤 There are outflows of $96.14M from BTC ETFs.

The highest outflow was in Fidelity's FBTC ETF with an amount of $91.39M, while the ETH ETF had inflows of $13.37M.

🇰🇷 The three main presidential candidates in South Korea now support BTC ETFs and institutional investment, according to the report.

🇨🇳 UBS Group says that high-net-worth Asian clients are moving from the US dollar to gold, cryptocurrencies, and Chinese assets - Sina.

🐳 Jack Mallers' Twenty One Capital buys 4,812 Bitcoin worth $458 million.

Meanwhile, El Salvador acquired more Bitcoin to add to its strategic reserve.

⚠️ In the last 24 hours, 135,065 traders were liquidated, and the total liquidation reached $395.29 million.

The largest individual liquidation order occurred on Binance - ETHUSDT worth $12.20M.

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