12 May 2026 - Daily crypto wrap: Institutional momentum continued to define the week's narrative. US spot Bitcoin ETFs recorded their sixth consecutive week of inflows, attracting US$622.75 million for the week ending May 8, bringing the six-week total to US$3.4 billion. @BlackRock's IBIT alone drew US$596 million. Total crypto ETP assets under management have reached US$160 billion, the highest level since February. @MicroStrategy resumed Bitcoin accumulation, purchasing 535 BTC at an average of US$80,340, bringing total holdings to 818,869 BTC. @jpmorgan analysts project the firm's purchases could reach US$30 billion across 2026. Beyond Bitcoin, @SuiNetwork surged approximately 50% over seven days on institutional staking activity and strong network fundamentals. CME Group confirmed SUI futures launch for May 29. @circle reported Q1 USDC on-chain volume up 263% year-on-year to US$21.5 trillion. On the regulatory front, the Senate Banking Committee is scheduled to vote on the CLARITY Act on May 14, a landmark moment for US crypto market structure. Key level to watch: US$80,000 remains the critical zone where spot demand has continued to absorb meaningful supply. @BTCMarkets