10 #Bitcoin ETFs inflows 2,586 $BTC(+$247.92M) and 9 #Ethereum ETFs outflows 20,884 $ETH(-$70.69M) yesterday.

On May 7, the World Gold Council reported that global gold exchange-traded funds (ETFs) saw a net inflow of $6.6 billion in April, pushing total assets under management (AUM) up 1% to $615 billion. While global gold trading volume in April was lower than the previous month, it still remained above the 2025 average. All regions posted net inflows, with Europe leading the pack at +$3.7 billion; Asia (+$1.8 billion) and North America (+$1 billion) also recorded notable fund inflows. Per Bitget market data, spot gold is currently trading at $4,748 per ounce, up 1.22% over the past 24 hours.

On May 7th, Israeli media reported that a source said Saudi Arabia will restrict U.S. access to its bases and airspace until the United States provides adequate protection against Iranian attacks.

On May 7, Kalshi—the PredictIt-style prediction market platform—announced it has closed a new $1 billion funding round led by Coatue Management, pushing its post-money valuation to $22 billion. This marks the company’s third funding round in the past seven months, with its valuation roughly doubling after each round. Currently, Kalshi boasts roughly 2 million monthly active users, $178 billion in annualized trading volume, and annualized revenue exceeding $1.5 billion. Now, Kalshi is targeting large financial institutions as a key growth engine moving forward. Despite facing multiple lawsuits from U.S. state regulatory agencies, the prediction market has rapidly gone mainstream since the 2024 election.

**May 7 — Garrett Jin, an agent with BTC OG Whale Insider, published an article titled “Disguised Truce” warning that while markets look calm on the surface, underlying risks are piling up—traders shouldn’t let their guard down. Weeks after former President Trump’s April 14-15 state visit to China, a U.S.-Iran military conflict could reignite at any time. A truce isn’t a sign of good news ahead—it’s just a pause before real conflict escalates.** **On the surface, markets are upbeat now: Saudi Arabia and Iran inked a 14-point memorandum; Apple’s Q3 guidance blew past expectations; AMD’s data center revenue hit a new peak; South Korean stocks are at record highs; and Bitcoin is hovering near $82k-$83k. But risks still linger.** **Yet cracks are emerging in the market’s credit foundation: Analytics firm Qualtrics couldn’t find buyers for a planned large transaction; U.S. budget carrier Spirit Airlines recently filed for bankruptcy, a red flag for low-cost airlines; banks are bracing

On May 7, U.S.-based cryptocurrency exchange Kraken’s parent company Payward Inc. agreed to acquire Hong Kong-based Reap Technologies for $600 million in cash and stock. Reap Technologies specializes in stablecoin cross-border payments and commercial payment services. Kraken co-CEO Arjun Sethi noted that in the deal, Payward’s issued shares are valued at $20 billion, and the acquisition is aimed at expanding into the Asian market.

Today, May 7th, Coinbase is set to list KAIO (KAIO) futures trading. The KAIO-PERP market will open immediately if liquidity conditions are met and trading is permitted in the applicable region.