Morgan Stanley launched its spot Bitcoin ETF, MSBT, on NYSE Arca, achieving strong trading volumes and low fees. This marks a significant step for traditional finance in crypto exposure, leveraging the bank's vast wealth management network despite market volatility.

Ethereum Treasury Company Bitmine recently increased its holdings by 71,524 ETH, bringing its total position to about 4.87 million ETH, nearing its 5% target. Despite having $6.0 billion in paper losses, Bitmine still has $11.8 billion in total assets, and defines ETH as a “wartime value storage method.” This move reflects its confidence in Ethereum’s long-term value.

Strategy added 13,927 Bitcoin to its reserves, valued at $1 billion. The company now has 780,897 BTC in its treasury, nearly rivaling BlackRock’s 788,927 BTC for its spot Bitcoin ETF. Executive Chairman Michael Saylor assured investors that the business’s growing value will enable it to

Renowned music producer Licheng Huang has a long position in ETH worth $29 million at Hyperliquid. As ETH surged 8%, he is currently up by $2.14 million in unrealized gains, but he still faces a cumulative loss of $26.4 million. His high-leverage trading strategy has drawn market attention and sparked discussion.

Digital asset investment products saw $1.1B in inflows last week, the highest since January, driven by a renewed risk appetite following easing geopolitical tensions and favorable U.S. inflation data. Bitcoin ($BTC) led the rally with $871M, while Ethereum ($ETH) gained $196.5M.

Bitwise is closer to launching its Hyperliquid ETF, as indicated by its amended filing that adds the ticker BHYP and a management fee of 0.67%. This suggests a potential launch amidst growing competition in the crypto ETF space.

Ether Machine has terminated its SPAC merger with Dynamix due to unfavorable market conditions, halting plans for a $1.5 billion yield-bearing ETH fund and reflecting broader market caution for crypto treasury strategies.

Arthur Hayes has purchased 26,022 HYPE tokens for about $1.1 million, increasing his total holdings to 247,334 tokens valued at approximately $10.44 million. This buy signals strong conviction as Bitwise advances its Hyperliquid ETF filing, enhancing HYPE’s market perception.

Bitmine Immersion Technologies announced on April 13 that its ETH holdings reached 4,874,858 coins, accounting for 4.04% of the total supply, and it plans to reach 5%. Its total assets are about $11.8 billion, with most of its revenue—about $310 million annually—coming through staking. Despite facing roughly $4 billion in unrealized losses on the books, the company’s staking revenue provides steady cash flow and has raised governance-related risk considerations.

A security incident involving the ERC-20 version of Polkadot on Ethereum raised concerns, emphasizing the risks of wrapped and cross-chain assets. An attacker exploited a flaw to mint and dump 1 billion DOT tokens, causing a market collapse and highlighting vulnerabilities in smart contract management.