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Major financial institutions like DAT company $BitMine Immersion Tech(BMNR.US) are deepening Ethereum involvement, representing 72.6% of tokenized ETFs. UBS, Société Générale, Banque de France, and BlackRock issued tokenized money market funds; JPMorgan filed its second tokenized MMF on Ethereum.Institutional ETH accumulation is rising: reserves hit 7.33 million ETH (6% of supply, ~$16B). BitMine holds 5x more ETH than the next largest corporate holder, with continued staking and purchases despite unrealized losses.Harvard University's endowment fully exited its $86.8M Ethereum ETF position in Q1 2026 and reduced Bitcoin ETF holdings. Ethereum ETFs recorded $255.11M net outflows in Week 20, 2026, with consecutive red sessions impacting liquidity.Trump-linked SWLFI wallets sold 4,870 ETH ($10.61M) at ~$2,178, moving funds to USDC. Whales shifted capital from ETH to BNB, with rising ETH exchange deposits increasing sell pressure.@Bridge Buzz SG

$Alibaba(BABA.US) indicated it plans to exceed its previous RMB 380 billion (~$53–56B) AI/cloud capex target over three years, citing strong demand signals and early returns on investment. Cloud revenue grew +38% YoY in Q4, with AI-related products making up ~30% of external cloud revenue (triple-digit growth streak continues).The cluster of price target increases validates the long-term AI infrastructure + cloud transformation story. This can drive institutional inflows, improve sentiment, and support higher valuation multiples as the market prices in sustained cloud growth (currently ~35–38% range) and AI monetization.@Bridge Buzz SG

$Alibaba(BABA.US)’s board meets today (May 12) ahead of the Q4 FY2026 and full-year results release before the U.S. market open on May 13.Options traders are pricing in an implied move of ~6–7.35%. Focus remains on cloud and AI revenue acceleration versus ongoing heavy capex pressure and retail competition; analysts expect modest revenue growth but potential EPS softness.By the way, U.S. authorities are investigating an alleged $2.5 billion network that allegedly smuggled restricted $NVIDIA(NVDA.US) AI chips to $Alibaba(BABA.US) (via Thailand and intermediaries like OBON Corp).$Alibaba(BABA.US) issued a statement denying wrongdoing and emphasizing compliance. The story continues to generate compliance-risk headlines but has not triggered new regulatory action or major stock reaction in the window.@Bridge Buzz SG

$Robinhood(HOOD.US)CEO Vlad Tenev rang the opening bell at the NYSE this morning to mark the launch of Robinhood’s new closed-end $Robinhood Ventures Fund I(RVI.US).The fund holds stakes in Databricks, Revolut, Mercor, Airwallex, Boom Supersonic, Our & Ramp.$Robinhood Ventures Fund I(RVI.US) is a publicly traded investment fund that raises a fixed pool of capital via IPO, then invests it in a concentrated portfolio of private "frontier" startups.Key differences from open-end funds/ETFs: fixed shares (no new issuance/redemptions), trades on exchange like a stock for daily liquidity, but can trade at a premium/discount to NAV since underlying holdings are illiquid privates.It's $Robinhood(HOOD.US)'s way to let retail investors access VC-style bets without accreditation or high mins. High risk/reward—volatile, no guaranteed dividends.@Bridge Buzz SG

Chinese authorities imposed a total penalty of about $528 million on seven major food delivery platforms for food safety violations, including failure to filter unqualified merchants and ghost shops. $Alibaba(BABA.US)’s platforms were among those hit, alongside $PDD(PDD.US), $JD(JD.US), Meituan and Douyin. This is reportedly the largest such penalty since the 2015 food safety law. Platforms were ordered to rectify issues and suspend some merchants.@Bridge Buzz SG

Crypto entered the week carrying the hangover from the previous week's ETF selling, which had culminated in the first session in 2026 where spot ETFs for Bitcoin, Ethereum $BitMine Immersion Tech(BMNR.US), and Solana all posted net outflows on the same day.That pressure did not ease as the week progressed: Bitcoin ETFs shed a further $296 million in net outflows over the subsequent five sessions, snapping a four-week run of inflows, with the largest single-day redemption coming from $iShares Bitcoin Trust ETF(IBIT.US).Rising geopolitical uncertainty contributed to Brent crude pushing above $103, reinforcing concerns that inflation could remain stickier than expected and delay rate cuts further. The macro backdrop was already unfriendly: the Fed's March 18 meeting revised its 2026 PCE inflation forecast from 2.4 percent to 2.7 percent, the 10-year Treasury yield is sitting near 4.5 percent, and the dollar index continued to strengthen. When yields rise and the dollar firms, institutional capital tends to rotate out of risk assets.@Bridge Buzz SG

$Alibaba(BABA.US) and $TENCENT(00700.HK) are in advanced discussions to back Chinese AI company DeepSeek in its first external funding round, at a valuation above $20 billion.This underscores Alibaba’s aggressive AI expansion strategy, adding to momentum from recent product launches and positioning the company deeper in generative AI, cloud, and related hardware/robotics ambitions.@Bridge Buzz SG

More than $1.2 billion flowed into global cryptocurrency investment funds last week, marking four straight weeks of positive gains. Coinshares attributed the inflows to "improving institutional demand."Also last week, corporate treasury firms Strategy and $BitMine Immersion Tech(BMNR.US) both added to their crypto holdings: buying $255 million BTC and $236 million ETH, respectively.@Bridge Buzz SG

$BitMine Immersion Tech(BMNR.US) moved to the NYSE "Big Board" and expanded its share repurchase program to $4 billion. This was viewed as a strong signal of confidence in its $ETH/USD(ETHUSD.HAS) treasury model.@Bridge Buzz SG