Bitcoin News Roundup for May 1, 2020
Bitcoin beats the markets while wallet demand rises. It's CoinDesk's Markets Daily podcast.

Bitcoin beats the markets while wallet demand rises. It's CoinDesk's Markets Daily podcast.
This episode is sponsored by ErisX, The Stellar Development Foundation and Grayscale Digital Large Cap Investment Fund
Today's stories:
Bitcoin Rises Back to $8.8K Even as US Stock Futures Drop
The 'Great Lockdown' Is Boosting Demand for Bitcoin Custody Solutions
Bitcoin Whale Addresses Hit Highest Number Since August 2019
Andreessen Horowitz Doubles Down on Crypto Investments With New $515M Fund
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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.
What to know:
- 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...











