Daily Market Wrap | May. 05

Hot Topics

BTC rallies past $81K for the first time since late Jan; April ETF inflows hit $1.97B.

BlackRock urges OCC to drop 20% tokenized reserve cap in GENIUS Act rules.

Market Updates

Ethereum Glamsterdam upgrade targets ~200M gas limit, tripling L1 capacity.

GameStop's $55.5B eBay bid puts its $368M bitcoin stash in question.