Daily Market Wrap | May. 04

Hot Topics

Spot BTC ETFs open May with a hefty $629M single-day inflow.

Morgan Stanley: BTC on bank balance sheets is coming; MSBT draws $100M+ in 6 days.

Market Updates

Ethereum Foundation sells $47M ETH to BitMine in one week; community questions pace.

Strategy pauses BTC buys before May 5 Q1 earnings; holds 818,334 BTC.