US-listed spot Bitcoin ETFs saw a net outflow of $277.5 million on Thursday, ending nearly five days of approximately $1.7 billion in net inflows. Bitcoin fell below $80k, hitting a daily low of $79,250. Fidelity Wise Origin fund experienced an outflow of $129 million, BlackRock saw an outflow of $98 million, and Morgan Stanley Trust had a net inflow of $73 million for the day, with no new inflows observed. In April, there was a net inflow of $244 million, but there is pressure for outflows by the end of the month. The Fear and Greed Index dropped to 38, and as volatility returns, demand may quickly weaken.

Strategy adds 3,273 BTC for about $255 million, raising holdings to 818,334 BTC at an average cost of $75,537, signaling a persistent, central Bitcoin treasury strategy. Michael Saylor’s Strategy continues to build its Bitcoin treasury, adding 3,273 BTC for roughly $255 million and bringing total holdings to 818,334 BTC at an average cost of about $75,537. The buys reflect a sustained, market-driven approach that treats Bitcoin as the core asset, following a prior week’s larger purchase.

The S&P 500 index is hitting new highs repeatedly—closing at record highs 14 times in the past 17 trading days. But one sector not only hasn't kept up, it’s also declining. The financial sector has fallen approximately 6% this year, forming a stark divergence from the market’s 7% gain. Brown Technical Insi......