On May 20th, Odaily Planet Daily reported that BIT, a digital asset financial services platform, announced that its subsidiary, Matrixport Technologies Ltd., has received approval from the British Virgin Islands Financial Services Commission (BVI FSC) to obtain a Type 2 investment business license (arranging investment transactions) under the Securities and Investment Business Act (SIBA) and has completed VASP registration under the Virtual Asset Service Providers Act (VASP Act). According to the approved scope, Matrixport Technologies Ltd. can conduct regulated investment business activities involving arranging investment transactions under the BVI SIBA, support institutional and professional market businesses, and other financial services activities within the scope of the license; simultaneously, it can conduct regulated virtual asset business under the BVI VASP framework. BIT stated that this approval, the culmination of nearly three years of regulatory communication and preparation, marks a significant milestone in the company's journey to building a globally compliant digital asset platform.

According to Lookonchain monitoring, Evaded (@ICanPlug) opened a short position of 525.34 BTC with 40x leverage, with a notional value of $40.32 million and a liquidation price of $77,413.63. The address also holds a long position of 53,500 ZEC (notional value of $32.92 million), currently showing a floating loss of $1.87 million.

According to official news, Gate Launchpool's 363rd Citrea (CTR) event has upgraded its stablecoin yield structure. GUSD can now enjoy a 3% annualized yield on minting and double rewards from Launchpool mining. GUSD is backed by highly liquid assets such as government bonds, providing stable returns while further enhancing fund security and the sustainability of returns. Gate will launch Citrea (CTR) spot trading on May 26th at 21:00 (UTC+8), and simultaneously list CTR on its flash exchange platform at 22:00. Meanwhile, Launchpool's 363rd Citrea (CTR) event will run from May 26th at 21:00 to June 16th at 21:00 (UTC+8). Users can participate in mining by staking BTC, GUSD, and CTR, sharing a reward of 16,000,000 CTR tokens, with airdrops distributed automatically hourly. This upgrade further improves Launchpool's return structure, enhancing asset allocation efficiency while providing users with a more stable and diversified return experience.

According to CoinShares' latest weekly report, digital asset investment products saw a net outflow of $1.47 billion last week, marking the second consecutive week of negative growth and the third largest weekly outflow in 2026. The cumulative outflow over the two weeks reached $2.54 billion. By asset class, Bitcoin saw an outflow of $1.315 billion, the largest weekly outflow in 2026, with year-to-date inflows decreasing from $3.9 billion to $2.6 billion. Ethereum saw an outflow of $223 million, roughly unchanged from the previous week. Some altcoins still recorded slight inflows, with XRP receiving $31.8 million, Near $9 million, and Solana $7.7 million. By region, the US dominated the outflow pattern with $1.425 billion; Switzerland, Canada, and Hong Kong saw outflows of $16.2 million, $12.5 million, and $12.2 million respectively, indicating that risk aversion has spread from certain regions to most parts of the world. CoinShares points out that this outflow is closely related to the escalating geopolitical risks associated with Iran. Despite the ongoing legislative process of the CLARITY Act, market risk aversion continues to deepen.

Huoxun Finance reports that Bitcoin volatility has fallen to a nine-month low, indicating a market respite. During Asian trading hours, the Bitcoin Volmex Implied Volatility Index (EVI) fell to 36.11 on Monday, its lowest level since September of last year and close to its lowest level since 2023. This index reflects the market's expected 30-day Bitcoin volatility through real-time crypto option prices. Furthermore, US spot Bitcoin ETFs saw net outflows of approximately $1 billion in May, reversing a two-month streak of net inflows, indicating cooling investor demand. Caroline Mauron, co-founder of Orbit Markets, stated that retail investor interest is shifting towards other trading opportunities. Rajiv Sawhney, Head of International Portfolio Management at Wave Digital Assets, stated that volatility selling has become one of the hallmark trades recently, with long-term holders, miners, and large funds generating returns from their holdings by selling volatility for Bitcoin, which lacks intrinsic returns.