Scan to download
BTC $79,070.71 -2.24%
ETH $2,210.44 -3.11%
BNB $675.53 -0.32%
XRP $1.44 -1.83%
SOL $88.95 -3.31%
TRX $0.3504 -1.10%
DOGE $0.1116 -2.84%
ADA $0.2584 -4.07%
BCH $425.82 -2.30%
LINK $10.02 -4.34%
HYPE $44.04 +4.30%
AAVE $93.46 -5.64%
SUI $1.08 -11.12%
XLM $0.1543 -5.78%
ZEC $521.41 -5.81%
BTC $79,070.71 -2.24%
ETH $2,210.44 -3.11%
BNB $675.53 -0.32%
XRP $1.44 -1.83%
SOL $88.95 -3.31%
TRX $0.3504 -1.10%
DOGE $0.1116 -2.84%
ADA $0.2584 -4.07%
BCH $425.82 -2.30%
LINK $10.02 -4.34%
HYPE $44.04 +4.30%
AAVE $93.46 -5.64%
SUI $1.08 -11.12%
XLM $0.1543 -5.78%
ZEC $521.41 -5.81%

today

Bitcoin spot ETFs have seen net positive inflows for seven consecutive weeks, with IBIT attracting $269.3 million in a single day yesterday. The House fundraising committee is holding a closed-door meeting on cryptocurrency tax reform today, in sync with the Senate markup

According to BBX data, institutional demand for Bitcoin ETFs maintained strong momentum yesterday. Today, both houses of Congress are advancing cryptocurrency legislation simultaneously for the first time, with the core dynamics as follows:The U.S. Bitcoin spot ETF recorded a total net inflow of approximately $358.1 million yesterday (May 13), with BlackRock, Inc. (NYSE: $BLK) subsidiary iShares Bitcoin Trust (NASDAQ: $IBIT) seeing a single-day net inflow of $269.3 million, the strongest single-day data in recent weeks; the overall U.S. Bitcoin spot ETF has recorded net positive inflows for seven consecutive weeks, further reinforcing the structural signal of institutional capital returning. Bitcoin closed above $80,000 yesterday, with a year-to-date increase of about 14%, and market sentiment remains relatively optimistic on the eve of the CLARITY Act markup.The House Ways & Means Committee held a closed-door meeting today (May 14) on cryptocurrency tax reform in sync with the Senate Banking Committee's CLARITY Act markup, covering topics such as the treatment of capital gains tax on crypto assets, tax reporting responsibilities for DeFi protocols, and the tax classification of Bitcoin mining and staking income; this marks the first time in 2026 that both houses of Congress are advancing cryptocurrency regulatory legislation on the same day, indicating that cryptocurrency regulatory legislation has expanded from a single market structure issue to a complete legislative ecosystem of "regulatory framework + tax system."

CME Group's Bitcoin volatility futures are pending approval to launch on June 1, and Circle's Q1 2026 financial report is released today with consensus expected revenue of approximately $715 million

According to BBX data, last week the earnings season for cryptocurrency concept stocks reached its conclusion, while institutional-level derivatives product lines expanded simultaneously. The core dynamics are as follows:CME Group Inc. (NASDAQ: $CME) reported by CoinDesk on May 7 plans to officially launch Bitcoin volatility futures (BVOL) on June 1, 2026, pending regulatory approval; the underlying asset for this product is the Bitcoin implied volatility index, allowing institutional investors to take long or short positions based solely on the magnitude of volatility without needing to predict the direction of BTC price movements, filling the gap for "pure volatility tools" in the existing Bitcoin derivatives market. For corporate treasury managers (such as Strategy-type companies) and cryptocurrency options market makers who need to hedge Bitcoin position volatility exposure, BVOL provides the most direct standardized hedging tool to date.Circle Internet Group, Inc. (NYSE: $CRCL) will release its Q1 2026 earnings report today (May 11) at 8:00 AM (ET) via an official live stream; the current analyst consensus expects revenue of approximately $715 million (Zacks data $717.1 million, S&P Global data $714.9 million, year-on-year approximately +11%, quarter-on-quarter approximately -7%), adjusted EPS of about $0.15---$0.27; last quarter (Q4 2025) reserve interest income was $733 million (year-on-year +69%), with an average market cap of USDC around $76.2 billion; as of May 6, the circulating supply of USDC was approximately $78.1 billion, and the integration of stablecoin infrastructure with Meta and Visa, along with the policy expectations from the CLARITY Act markup in May, are the most closely watched valuation catalysts this season.

Morgan Stanley E*Trade officially enters the retail crypto trading market with a 50 basis point fee rate, while Coinbase and Block both release their Q1 2026 financial reports after the market closes today

According to BBX data, yesterday Wall Street institutions made a significant breakthrough in retail crypto layout, and today the dual verification point of the earnings season is approaching. The core dynamics are as follows:Morgan Stanley (NYSE: $MS) disclosed via Bloomberg on May 6 that its ETrade platform officially launched a pilot for crypto spot trading, with a fee structure of 50 basis points per transaction amount, lower than Coinbase (retail rates vary by tier and payment method, potentially exceeding 50 basis points), Robinhood (approximately 100 basis points, according to media estimates), and Charles Schwab (75 basis points); initially supporting three major assets: BTC, ETH, and SOL, with liquidity, custody, and settlement services provided by Zerohash; the pilot is currently aimed at a select group of users, with plans to open to all 8.6 million ETrade customers by the end of 2026. Head of Wealth Management Jed Finn characterized this move as "reverse disruption of disruptors," and Morgan Stanley is simultaneously advancing its application for a national trust bank license to achieve self-custody, with plans to launch Ethereum and Solana spot ETFs.Coinbase Global, Inc. (NASDAQ: $COIN) will release its Q1 2026 earnings report after the market closes today (May 7), with the earnings call scheduled for 2:30 PM (PT); analyst consensus expects Q1 revenue of approximately $1.5 billion (a year-on-year decrease of about -26%), and EPS of about $0.23---$0.36 (a significant decline from $1.94 in the same period last year); the relative resilience of subscription and service revenue (including stablecoins, custody, and staking) will be the core metric of most interest today.Block, Inc. (NYSE: $XYZ) will release its Q1 2026 earnings report after the market closes today (May 7), with an earnings call at 2:00 PM (PT); analyst consensus expects revenue of approximately $6.04 billion to $6.11 billion (a year-on-year increase of +5.79%), and EPS of $0.68 (an increase of about 21% from approximately $0.56 in the same period last year); consensus for Bitcoin ecosystem revenue is expected to be about $2.11 billion (down from $2.30 billion in the same period last year); Evercore ISI maintains an "Outperform" rating with a target price of $96 (implying about 35% upside from the current stock price of $70.92), focusing on the recovery progress of the fundamentals of the two major business lines, Square and Cash App.
app_icon
ChainCatcher Building the Web3 world with innovations.