ChainCatcher news, Bloomberg's senior ETF analyst Eric Balchunas posted on the X platform, stating that while there are no objections to Strategy's public wallet address, he understands why Strategy and BlackRock do not disclose their wallet addresses.It's like public figures being reluctant to disclose their personal email addresses; if a company is smaller, the impact of making the wallet address public may be minimal, but for giants like Strategy or BlackRock, there could be costs associated with making the wallet public.

ChainCatcher news, Bloomberg's senior ETF analyst Eric Balchunas stated on social media that BlackRock's current Bitcoin holdings are second only to Satoshi Nakamoto, reaching 57% of the latter's holdings.Balchunas expects that, following the current trend, BlackRock could become the world's largest Bitcoin holder by the end of next summer. He added that if the price of Bitcoin reaches $150,000 in the coming months, the buying frenzy among investment advisors could accelerate this process.

ChainCatcher news, Bloomberg's senior ETF analyst Eric Balchunas stated on social media that Vanguard may never launch a Bitcoin ETF product, but could relax restrictions in the next one to two years to allow trading of Bitcoin ETFs on its platform.He noted that this change could occur if the price of Bitcoin reaches $150,000 to $200,000, amid ongoing pressure from clients for inquiries, and because their new CEO has ties to BlackRock, the parent company of IBIT.

ChainCatcher news, according to Bloomberg, the crypto lending institution Genesis Global Capital has sued its parent company Digital Currency Group (DCG) to recover over $1 billion in fund transfers made within a year prior to filing for bankruptcy.Genesis filed the lawsuit on Monday in the U.S. Bankruptcy Court for the Southern District of New York, claiming that insiders, including DCG, DCG founder Barry Silbert, and their affiliates, transferred funds among themselves while the company was insolvent.The company seeks to have these transfers classified as "preferential payments" under bankruptcy law, allowing them to reverse and recover the related amounts. These cryptocurrency payments are valued at over $582 million, while the total amount of preferential transfers exceeds $1.2 billion.

ChainCatcher news, according to Bloomberg, Binance and Kraken faced social engineering attacks similar to those experienced by Coinbase, but both exchanges successfully defended against them, and no customer data was leaked. Sources say that hackers attempted to bribe Binance customer service personnel and directed them to contact a designated Telegram account, while Binance detected and blocked potential bribery conversations through its AI system.

ChainCatcher news, according to Bloomberg, billionaire investor Michael Novogratz's Galaxy Digital is in discussions with the U.S. Securities and Exchange Commission (SEC) about tokenizing its publicly traded stock and other potential traditional securities. Galaxy started trading on Nasdaq today, after the company was listed on the TSX Venture Exchange in Toronto, Canada.

ChainCatcher news, according to Bloomberg, bipartisan senators in the U.S. are accelerating the push for a "rebirth" of stablecoin legislation supported by the crypto industry. Previously, the legislation was stalled due to controversies surrounding Trump's crypto investment portfolio. The primary Republican sponsor, Tennessee Senator Bill Hagerty, stated at the Capitol that both parties are continuing to advance the legislation, hoping for a vote by the Democrats before the holiday recess on May 26, as the Senate will focus on the Republican tax plan. He bluntly said, "It's time to see if reason can prevail."Progressive Democrats like Elizabeth Warren are pushing to ban officials like Trump from profiting from crypto investments during their terms, which has been rejected by Republicans. Chuck Schumer and others have complained that there is no public text for the bipartisan compromise. The primary Democratic sponsor, Maryland Senator Angela Alsobrooks, stated that senators are working hard, and she and four other Democrats have voted in favor in the Banking Committee. In the Senate, most legislation requires 60 votes, making Democratic support crucial. Executives from the crypto industry, such as the CEO of Coinbase, are pushing to resolve the deadlock, and the digital asset industry spent heavily last year to elect crypto-friendly lawmakers, a trend that may continue into the 2026 midterm elections.

ChainCatcher news, according to Bloomberg citing informed sources, Robinhood Markets Inc. is developing a blockchain-based platform that allows European retail investors to trade U.S. tokenized stocks. The joint venture may be launched in partnership with a digital asset company.Informed sources revealed that both Arbitrum and Solana are considering collaboration. One source stated that negotiations are still ongoing and no final agreement has been reached yet.

ChainCatcher news, according to Bloomberg, more than half of the largest holders of the Trump Meme coin use foreign exchanges that claim to ban U.S. users, suggesting that many buyers are located outside the United States. Among the top 25 holders on the official leaderboard, all but 6 use foreign exchanges; at least 56% of the top 220 holders use offshore exchanges. This phenomenon echoes concerns from congressional Democrats about the ethics of promoting this currency and raises questions about the scrutiny of participants in promotional dinners.Bloomberg analyzed the trading activity of the top 220 wallets on May 5 and self-custody wallets that qualified for the top 220 as of April 30, finding that many large holders are unregistered and more than half of the largest buyers use foreign exchanges. Some U.S. buyers may be ignoring the ban by using foreign exchanges through VPNs and other means. Most exchanges have taken measures to prevent such behavior.In recent days, the top entities on the leaderboard have been swapping positions, with a wallet named "MeCo" associated with the "Meme core" entity, which claims to want to challenge the stagnation in the meme coin space. Analysis shows that there is currently a Meme coin holder on the leaderboard using the username "Sun," and the wallet is associated with HTX, which is linked to Sun Yuchen. Sun Yuchen has publicly acknowledged purchasing other tokens, but to date, he has not responded to whether he is the owner of the top wallet on the Memecoin leaderboard.

ChainCatcher news, according to Bloomberg, informed sources revealed that Limestone Trading, one of the internal quantitative trading teams under Tower Research Capital, has increased its capital allocation for cryptocurrency trading books. The company has also upgraded its infrastructure to play a more significant role as a market maker in global cryptocurrency exchanges. As institutional investors have rekindled their interest in digital assets following U.S. President Trump's support for the industry, Tower Research Capital is quietly ramping up its bets on cryptocurrencies like Bitcoin.Sources indicate that the team is known for its machine learning-driven strategies across asset classes and has now become a leading force for Tower Research Capital in the digital asset market-making space. It is reported that the Limestone Trading team has over 50 members located in New York, London, Singapore, and Gurugram. Previously, after experiencing turmoil in the cryptocurrency industry (including the collapses of FTX and Alameda Research in 2022, as well as Binance's $4.3 billion settlement with U.S. regulators), Tower Research Capital had scaled back its cryptocurrency operations over the past two years.

ChainCatcher news, Bloomberg's senior ETF analyst Eric Balchunas posted on social media, "IBIT absorbed another $500 million yesterday, marking 15 consecutive days of inflows, currently ranking sixth in annual inflows, surpassing GLD.Considering that IBIT has only risen 4%, while GLD is in its historically best performance period, the ability to attract more inflows under these circumstances is a very positive signal for the long-term outlook, and it strengthens our confidence in the prediction that the assets under management of Bitcoin ETFs will reach three times that of gold ETFs within 3-5 years."

ChainCatcher news, according to Bloomberg, in the U.S. Senate, a bipartisan coalition supporting stablecoin legislation has fractured, as a group of key Democratic lawmakers threatened to use a lengthy debate procedure to block the bill unless it undergoes "numerous" amendments------while Republicans had hoped to pass the bill this month.Newly elected Senator Ruben Gallego from Arizona, who is pro-crypto, led the statement. He had previously supported the bipartisan bill in the Senate Banking Committee, aimed at regulating cryptocurrencies pegged to the dollar. This Saturday, he, along with eight other Democratic senators, issued a statement warning that they would initiate a filibuster against the latest draft of the bill.

ChainCatcher news, according to Cointelegraph, the first resolution deadline for the Litecoin (LTC) spot ETF application submitted by Canary Capital is today (May 5).It is worth noting that, unlike most other cryptocurrency ETF applications, this Litecoin ETF application has not previously undergone an SEC delay review. This situation has sparked market speculation that the ETF may be approved earlier.However, despite the lack of prior delay records, Bloomberg analyst James Seyffart expects that the SEC will likely choose to postpone making a final decision this time, rather than directly approving or rejecting it.

ChainCatcher message, message, Bloomberg senior ETF analyst Eric Balchunas posted on the X platform that a new term "Suitcoiners" has emerged among Wall Street financial industry practitioners. This term comes from "Real Suits" and is used to describe all ETF, government, and institutional buyers. Some are concerned that if Suitcoiners conspire, it could pose a threat to the structure of Bitcoin in the future, but he does not believe this will happen, as there have been similar unrealized concerns in stock voting. Nevertheless, this is indeed a form of fear.

ChainCatcher news, according to the latest data shared by Bloomberg analyst @JSeyff, multiple institutions have submitted applications for spot crypto ETFs such as LTC, SOL, and XRP.Bloomberg Intelligence estimates that the approval probability for Litecoin, Solana, and crypto asset basket/index ETFs is 90%, for XRP it is 85%, and for DOGE and HBAR it is 80%, while DOT, AVAX, and ADA are at 75%.All projects' 19b-4 filings have been confirmed by the SEC, with the final approval deadline concentrated in the second half of 2025.

ChainCatcher message, Zhao Changpeng posted on X platform stating that Bloomberg has published another article, but they are not writing about issues with evidence; instead, they choose a person and write baseless fictional attacks.Zhao Changpeng also mentioned that he heard Bloomberg might soon cancel its entire investigative news department due to their low ethical standards.

ChainCatcher news, Bloomberg senior ETF analyst Eric Balchunas posted on the X platform that the Bitcoin spot ETF entered "Pac-Man" mode yesterday, with an additional $936 million, bringing the total for the week to $1.2 billion. It is also noteworthy that 10 out of the 11 ETFs saw cash inflows, which is a good sign indicating deep capital flows. Additionally, BlackRock's IBIT made a significant contribution, and overall, the Bitcoin ETFs are performing quite strongly.