📰 What you need to know this Wednesday, May 21
📥 Inflows of $329.02M are recorded into BTC ETFs.
The highest recorded inflow was in BlackRock's IBIT ETF with an amount of $287.45M, while the ETH ETF had inflows of $64.89M.
🇪🇺 Bitcoin Suisse receives regulatory green light in Abu Dhabi, marking its first expansion outside the EU amid growing interest in cryptocurrencies in the Middle East.
🇭🇰 Hong Kong approves the stablecoin bill.
The Legislative Assembly of Hong Kong approved a bill on stablecoins that establishes a licensing regime.
🇳🇱 Theta Capital from Amsterdam raises over $175 million to support early-stage blockchain startups through top-tier venture capital funds.
⚠️ In the last 24 hours, 87,133 traders were liquidated, and the total liquidations reached $240.24 million.
The largest individual liquidation order occurred on Bybit - BTCUSDT for a value of $1.97M.
