According to Gate.com data, Wall Street is showing renewed signs of prosperity, with the stock market repeatedly hitting record highs. Both the S&P 500 and Nasdaq 100 indices closed at record highs this month. Data shows that in the first quarter of this year, hedge funds attracted a total of $45 billion, reaching the highest level since 2007, bringing the industry's total assets to $5.2 trillion. Trend-following quantitative funds saw year-to-date gains of approximately 10% in May, outperforming the overall US stock market.

According to Huoxun Finance, Reform Party leader Farage is facing allegations of a conflict of interest from the opposition. He reportedly received a £5 million personal grant from crypto investor Christopher Harborne in 2024. Subsequently, in 2025, the Reform Party proposed a draft bill to regulate the crypto industry, including reducing the stamp duty on crypto transactions from 24% to 10%, establishing a national Bitcoin reserve, and lowering capital gains tax on crypto assets. Farage has admitted to receiving the grant, while the Reform Party maintains that policy-making is unrelated to the donor. Furthermore, Harborne donated £12 million to the party last year, and crypto businessman Ben Delo donated £4 million this year. Farage currently faces charges of violating House of Commons rules, which could result in suspension from his seat and trigger a by-election.

According to Huoxun Finance, as of May 1st (Eastern Time), Ethereum spot ETFs saw a total net inflow of $101 million. Specifically, Fidelity's FETH ETF saw a net inflow of $49.3942 million, with a historical total net inflow of $2.289 billion; BlackRock's ETHA ETF saw a net inflow of $43.1592 million, with a historical total net outflow of $100 million. Currently, the total net asset value of Ethereum spot ETFs is $13.603 billion, with an ETF net asset ratio of 4.93%, and a historical cumulative net inflow of $12.016 billion.

According to Huoxun Finance, Bitcoin prices have climbed back above $78,000, with overall market risk appetite recovering and the S&P 500 hitting a record high on Friday. Bitcoin has risen 15% in the past 30 days, but the options market is pricing in only a 25% probability of it reaching above $84,000 by the end of May. The derivatives market remains cautious about further gains, while institutional spot demand remains robust. A Bitcoin call option expiring on May 29th with a strike price of $84,000 is priced at 0.0136 BTC, approximately $1,063, with 27 days until expiry. This price implies a 25% probability of an 8% increase in May. Bitcoin put options have been trading at a premium for the past month, reflecting increased demand for downside protection. Demand for leveraged bullish positions is weak, partly due to Bitcoin's 12% year-to-date decline. While derivatives traders have limited confidence in reaching $84,000, US-listed Bitcoin ETFs show a different trend, with net inflows of $1.3 billion in March and another $2 billion in April, pushing total assets above $100 billion. This indicator is often seen as a reference for institutional demand. Over the past 30 days, several listed companies have significantly increased their Bitcoin reserves; for example, Strategy holds 56,235 BTC and Metaplanet holds 5,075 BTC. Their purchases exceed the equivalent of mining output over the next five months, reducing potential selling pressure. Insufficient demand for bullish derivatives does not directly negate the possibility of reaching $84,000 or higher by the end of May. If institutional buying remains robust, bullish momentum is expected to continue.

According to Huoxun Finance, Bitcoin spot ETFs saw a total net inflow of $630 million yesterday (May 1st, Eastern Time). BlackRock's IBIT ETF saw the highest single-day net inflow at $284 million, with a historical total net inflow of $327 million. This was followed by Fidelity's FBTC ETF, with a single-day net inflow of $213 million and a historical total net inflow of $11.082 billion. As of now, the total net asset value of Bitcoin spot ETFs is $103.785 billion, with an ETF net asset ratio (relative to Bitcoin's total market capitalization) of 6.66%, and a historical cumulative net inflow of $58.718 billion.