May 2 Morning Crypto News:
1. U.S. Bitcoin Spot ETF Posts Net Outflow of $56.3 Million, Ending 8-Day Streak of Net Flows

2. “$SOL Edition MicroStrategy” DeFi Development Corp (formerly Janover) said Thursday that it expects to receive private equity (PIPE) investments totaling $24 million, which will help the company fund general corporate purposes, including the purchase of more Solana.

3. The North Carolina House of Representatives passed the Digital Asset Investment Act (HB 92), which would allow the state treasurer to invest up to 5 percent of state funds in approved cryptocurrencies, by a vote of 71 in favor to 44 against, and the bill is now headed to the state Senate for consideration.