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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."

According to Jinshi reports, ECB Governing Council member Kocher stated that the June meeting will make a decision between raising interest rates and maintaining the current rate.

Ondo Finance's official Twitter stated that an increasing number of traditional financial giants have mentioned Ondo's tokenized stock business in their earnings call, indicating that it is gradually becoming an important representative of the tokenization trend in capital markets. Among them, Broadridge CEO Tim Gokey referred to Ondo Global Markets as "the leading provider in this field" during the earnings call in April 2026. Additionally, Franklin Templeton CEO Jenny Johnson also mentioned in a previous earnings call that Ondo Global Markets is an important distribution partner for its tokenized ETF products.Ondo stated that a year ago, traditional financial institutions still regarded "asset tokenization" as a concept under observation, but now, several large financial institution CEOs have begun to see Ondo Global Markets as an important component of future capital market infrastructure.

According to Jinshi, Federal Reserve Chairman Powell stated that the current easing tendency may be reconsidered at the next meeting.

Bitcoin fell below $77,000, with the U.S. spot Bitcoin ETF recording a net outflow of $263.2 million, ending a nine-day streak of net inflows. This coincided with the eve of this week's Federal Reserve FOMC meeting, adding a touch of caution to the already resilient April rebound.Bitcoin declined today, but it has still risen about 15% over the past month, reaching a high of $79,000 in April. The interruption of ETF fund momentum is significant because it occurs just before a week of major macroeconomic events. The market is currently digesting the Federal Reserve's decisions, new inflation concerns, GDP data, a series of earnings reports from major tech companies, and another round of interest rate decisions from central banks in Europe and Asia.Timothy Misir, head of research at BRN, stated that the crypto market entered this week with inspiring momentum, but there are too many cross factors to determine a clean risk appetite trend. In his view, investors are showing signs of "war fatigue" regarding the situation in the Middle East, while central banks are forced to find a balance between supply-driven inflation and weakening confidence along with mixed data.Glassnode expressed a similar view in its latest weekly pulse report. Analysts noted that Bitcoin still exhibits a "mix of bullish momentum, cautious sentiment, and consolidation," with strong buying pressure offset by weaker speculative participation and lower trading activity.QCP Capital stated that Bitcoin had a significant rebound in April, maintaining an overall constructive pattern. However, the firm believes that $82,000 remains a key level, with the nearby CME gap constituting the next real test.Andy Baehr, managing director at GSR Asset Management, mentioned that prices are "gradually rising," and $80,000 remains a key psychological level.

According to Solid Intel, Trump will hold a National Security Council meeting today to review proposals to reopen the Strait of Hormuz and end hostilities.

According to Jinshi reports, U.S. Treasury yields rose during the Asian trading session, and the lack of relief in the Middle East situation kept oil prices high. This week's intensive central bank meeting schedule has become the market focus, including the Federal Reserve's interest rate meeting. The market generally expects that the Federal Reserve will maintain the federal funds rate target range at 3.5% to 3.75% for the third consecutive meeting. According to Tradeweb data, the 2-year U.S. Treasury yield rose by 2.3 basis points to 3.798%, and the 10-year U.S. Treasury yield increased by 1.4 basis points to 4.323%.

According to Jinshi reports, as the situation in the Middle East drives up oil prices, traders in the U.S. Treasury market are closely monitoring this week's Federal Reserve meeting to assess officials' views on the inflation outlook. The market generally expects the Federal Reserve to maintain interest rates on Wednesday, but traders tend to believe that there will still be rate cuts before the end of the year. Swap market data shows that the probability of a rate cut before the end of the year has risen to around 40%. Traders will listen carefully to Powell's remarks at the post-meeting press conference to gather insights on his plans after his term ends in May next year. Meanwhile, a series of U.S. Treasury auctions will also take place this week to test market demand at the current yield levels.

According to the official disclosure from the CFTC, Unit Labs (the parent company of Unitxyz and Tradexyz) applied to meet with the U.S. Commodity Futures Trading Commission (CFTC) on April 7.

SpaceX will hold a three-day closed-door analyst meeting in the United States this week to promote its business and strategy to Wall Street institutions in preparation for a potential IPO. According to insiders, the company aims to raise about $75 billion, with a valuation possibly reaching $1.75 trillion, with plans to go public as early as June.The meeting will cover SpaceX's Texas Starbase launch site and Tennessee data center project, and participating analysts will need to submit electronic devices to ensure information confidentiality. This roadshow is a key part of the IPO process, and there will be subsequent model presentations to further disclose financial and growth expectations. In addition, the company plans to reserve about 30% of shares for retail investors and expand into global markets. Several Wall Street investment banks have already participated in the underwriting arrangements.

According to five sources familiar with the Bank of Japan's thinking, it is unlikely that the Bank of Japan will raise interest rates next week. The diminishing hope for a quick end to the Middle East conflict has left Japan's economic and price outlook still full of uncertainty. Although the final decision still carries some uncertainty and will depend on the progress of peace negotiations between the U.S. and Iran, the aforementioned sources stated that the central bank is inclined to maintain the status quo this month to allow more time to assess the impact of this conflict.One source said, "Given the current level of uncertainty, the Bank of Japan may consider it feasible to maintain the status quo this month." Another source expressed the same view. A third source stated that the Bank of Japan is unlikely to raise interest rates because the market has already fully priced in the possibility of no rate hike this month. These sources indicated that even if the Bank of Japan keeps interest rates unchanged next week, given the escalating inflationary pressures, the bank is likely to signal its readiness to raise rates as early as June.

According to Jinshi reports, the European Central Bank's meeting minutes show that all members believe the risks to the inflation outlook are tilted to the upside.

According to Jinshi reports, ECB board member Müller stated that the possibility of an interest rate adjustment at the April meeting cannot be ruled out.

According to Lookonchain monitoring, whales are accumulating TRUMP for Trump's lunch meeting. In the past 2 days, a certain whale withdrew 850,400 TRUMP from Bybit, worth 2.4 million dollars. 17 hours ago, another whale withdrew 105,700 TRUMP from Binance, worth 298,000 dollars, and currently holds 1,130,000 TRUMP, worth 3.2 million dollars.

According to Jin Shi reports, the Federal Reserve's meeting minutes show that several participants believe that if inflation declines as expected, lowering interest rates may become appropriate.

According to Jinshi reports, the Federal Reserve meeting minutes show that most participants are concerned that the prolonged conflict may lead to further weakening of the labor market, which may require further interest rate cuts.

According to Jinshi reports, the Federal Reserve's meeting minutes show that most officials believe that the developments in the Middle East have increased economic risks.

According to Jinshi reports, the Federal Reserve meeting minutes show that an increasing number of decision-makers believe there is "sufficient" reason to adopt a "two-way" statement regarding future interest rate decisions.

According to Jinshi reports, the Federal Reserve meeting minutes show that Federal Reserve staff expect economic activity to be not as strong as anticipated during the January meeting.

According to Jinshi reports, the Federal Reserve meeting minutes show that the vast majority of participants believe that both the upward risk of inflation and the downward risk of employment are at a high level.