Between May 11 and May 15, spot bitcoin ETFs reversed course with $1 billion in weekly net outflows, led by withdrawals from ARKB and Blackrock's IBIT. Spot ether ETFs also stayed under pressure, posting $255.11 million in net outflows. In contrast, XRP and solana ETFs drew $60.50 million and $58.12 million in net inflows, respectively.

U.S. stocks delivered an average 10.1% annual return from 1926 through 2025, outpacing Treasurys (3.3%) and roughly 3% inflation. But strategists cite high valuations and heavy concentration in a few mega-cap tech names, with Research Affiliates projecting just over 3% annualized for the S&P 500 over the next 10 years. They say diversification—potentially beyond a market-cap weighted S&P 500 approach—could matter more for investors with shorter time horizons.

ReYuu Japan (TYO: 9425) and Canada's Universal Digital (CNSX: LFG) have terminated a planned $100 million loan facility tied to ReYuu's digital-asset treasury strategy. The non-binding MOU, signed in October 2025, never progressed to a drawn loan, with no interest rate or finalized financing structure. ReYuu said it is still evaluating its crypto treasury approach while also pursuing initiatives such as AI development with a China-based partner.

Crypto investment funds logged $1.07 billion in net outflows for the week ending May 16, snapping a seven-week streak of positive weekly flows. Bitcoin products accounted for $981.5 million of withdrawals and Ethereum funds saw $249.3 million leave, while XRP and Solana attracted $67.6 million and $55.1 million in inflows. Total assets under management slipped to $157 billion from $159 billion a week earlier.

The IMF said Monday the Bank of England could keep its 3.75% Bank Rate unchanged for the rest of the year, while remaining prepared to cut if conditions weaken. It warned that higher energy prices tied to the Iran war may lift headline inflation this year and complicate policy, even as it upgraded the U.K.'s 2026 growth outlook and raised its 2025 growth forecast to 1% from 0.8%.

Options tied to the U.S. bond market saw a surge in activity Friday as 10-year and 30-year Treasury yields climbed to the highest levels in more than a year. Trading in iShares 20+ Year Treasury Bond ETF (TLT) ran at more than three times the past month’s average daily volume, led by put buying that positions for a drop in TLT and higher yields.

Dogecoin extended its pullback on Monday as meme coins stayed under selling pressure alongside a broader market dip. DOGE is down 5% and traded below $0.106 after rejecting the $0.119 weekly resistance on Thursday, with bears potentially targeting a move under $0.10 if weakness persists.

In Q4 2025, the Gates Foundation Trust reduced positions in Microsoft and Berkshire Hathaway, totaling $2,228,403,000 in sales. The filing shows 1,500,000 MSFT shares worth $1.04 billion were sold and 2,358,460 BRK-B shares worth $1.187 billion were cut, while other holdings were left unchanged.