
Capital is returning to crypto.
In May, major coins—BTC, ETH, SOL, and BNB—are growing faster than the S&P 500.
At the same time, inflows to exchanges, ETFs, and stablecoins have turned positive—all three channels are receiving funds.
The main magnet for liquidity is Binance: 78% of all net inflows to CEXs went to this exchange.
Over the week, $3.6 billion flowed into stablecoins—appearing as fresh "gunpowder" for the next market move.
#Return of capital in cryptocurrency