📰 What you need to know this Tuesday, May 20
📥 Inflows of $667.44M to BTC ETFs are recorded.
The highest inflow was in Blackrock's IBIT ETF with an amount of $305.92M, while the ETH ETF had inflows of $13.66M.
🇪🇺 The cryptocurrency exchange platform Kraken is expanding its derivatives business across the EU through a regulated entity it acquired in Cyprus.
📑 The SEC has delayed the decision on the proposed spot Solana ETF from 21Shares, Bitwise, VanEck, and Canary Capital.
🇮🇳 The Supreme Court of India says that Bitcoin and cryptocurrencies should be regulated, not banned.
"Banning may mean closing one’s eyes to reality."
⚠️ In the last 24 hours, 77,019 traders were liquidated, and the total liquidations reached $233.08 million.
The largest individual liquidation order occurred on Bybit - BTCUSD for a value of $2.00M.