☕️ GM! Here are the top events in #Crypto from the past 24 hours

📊Market Updates

🔸Abu Dhabi’s sovereign wealth fund invested $408M in BlackRock’s Bitcoin ETF, raising its total BTC ETF holdings to nearly $1 billion.

🔸The State of Wisconsin sold its $321M stake in BlackRock’s Bitcoin ETF but kept $19M in Coinbase stock, shifting crypto investment exposure.

🔸JPMorgan sees more upside for bitcoin than gold in H2 2025, highlighting corporate buys, state adoption, and stronger crypto market catalysts.

🔸BTCS is raising up to $57.8M to buy ETH, highlighting a key growth phase, following a strategy similar to MicroStrategy’s Bitcoin accumulation.

🌟Highlights

🔸FTX will begin $5B in creditor payouts on May 30 via BitGo and Kraken, reimbursing users based on 2022 account values under bankruptcy terms.

🔸Ark Invest bought $9.4M in eToro shares on debut, sold \$7.9M of its Bitcoin ETF, and added $7.6M in 3IQ’s Solana staking ETF to rebalance.

🔸Ukraine is finalising a bill to adopt Bitcoin as a reserve asset, aiming for financial resilience, though legal hurdles may slow progress.

🔸Coinbase rejected a $20M ransom after rogue agents leaked user data and launched a $20M bounty to catch those behind the extortion attack.

🔸Coinbase plans more acquisitions after buying Deribit for $2.9B, aiming to grow globally and enter the crypto derivatives market.

🔸BlackRock’s $3B BUIDL fund integrates with Euler on Avalanche, allowing sBUIDL to be used as DeFi collateral while earning rewards and yield.