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Bitcoin News Roundup for May 11, 2020

Bitcoin's third halving, Consensus:Distributed and a pullback after the bulls make another run at $10,000. It's Markets Daily from CoinDesk.

Updated Dec 11, 2022, 7:35 p.m. Published May 11, 2020, 1:20 p.m. 1 min read
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(CoinDesk)

From May 20 to May 29, XRP funds took in $35 million while bitcoin and ether ETFs lost roughly $2 billion combined, with Ripple’s earlier reported XRP treasury plan still awaiting confirmation.

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  • U.S.-listed spot XRP ETFs drew $11.88 million in net inflows on May 29, extending a week of gains even as bitcoin and ether funds saw continued redemptions.
  • Total net assets in U.S. XRP ETFs now stand near $1.12 billion, with about $35 million added since May 20 while bitcoin and...