Morgan Stanley Beats WisdomTree In Week One

The fund charges a 0.14% expense ratio, the cheapest in the category.

Morgan Stanley’s wealth management network oversees trillions in client assets, giving MSBT direct distribution to investors. 

However, the fund remains far smaller than BlackRock’s (NYSE:BLK) IBIT, which holds $53 billion in assets.

Goldman Files Premium Income Product

Goldman Sachs filed for a Bitcoin Premium Income ETF on Tuesday. The fund will buy Bitcoin ETPs and sell call options to generate income.

The options overwrite strategy could outperform in modest or falling markets but lag during rapid price appreciation. 

Bloomberg ETF analyst Eric Balchunas called the filing…

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XRP (CRYPTO: XRP) is up 5% on the day and 7.5% over the past week as spot ETFs recorded $17.11 million in net inflows on April 15, the highest single-day figure in almost two months.

The ETF Surge

ETF demand began picking up on April 14 with $11.20 million in inflows, forming the strongest two-day run since January.

Total net assets have crossed back above the $1.02 billion milestone, and cumulative inflows now stand at $1.25 billion.

Bitwise’s XRP ETF led April 15 with $6.23 million, followed by 21Shares at $5.43 million and Franklin Templeton at $5.30 million. Canary Capital saw a slight inflow of $148,130.

The inflows continued to surge this week amid bullish developments such as Ripple…

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The Yuan Play

“There’s a tremendous opportunity for a yuan stablecoin,” Allaire said in an interview in Hong Kong. 

“If there’s currency competition, you want your currency to have the best features possible. This is becoming a technological competition,” he added.

Reuters reported last August that China was considering a yuan-backed stablecoin to boost adoption of its currency globally. 

Such a move would mark a major shift in China’s approach toward digital assets after the country banned cryptocurrency trading and mining in 2021.

The Iran War Bump

Circle recorded several billion dollars in USDC (CRYPTO: USDC) transaction growth following the outbreak of the U.S.-Iran war as…

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Bitcoin remains steady near $74,000 as Bitcoin ETFs saw $186 million in net inflows on Wednesday, while Ethereum ETFs reported $67.9 million in net inflows.  

Meme coin market capitalization is up 3.4% over the past 24 hours at $36.2 billion

Trader Commentary:  

Trader CyrilXBT explained Bitcoin is pressing against the upper boundary of its range near $76,000, facing multiple rejections. He noted that the current structure remains intact as long as the ascending trendline holds.

A decisive daily close above $76,000 would signal bullish continuation, while a breakdown below trendline support could trigger a broader downside move.

Ted Pillows said Ethereum is trading around $2,350, with…

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Futures related to U.S. stocks ticked up in pre-market trading on Thursday, after the benchmark S&P 500 and tech-heavy Nasdaq Composite rose to fresh records in the previous session, as investors weighed signs of easing tensions between Washington and Tehran and awaited a fresh round of earnings and economic data.

Sentiment was supported by growing hopes of a possible diplomatic breakthrough after President Donald Trump said in an interview aired on Wednesday that the Iran conflict was “very close to over” and that Tehran was eager to strike a deal.

A White House official also told CNBC that a second round of U.S.-Iran talks was under discussion, though no date has been set.

Meanwhile,…

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Binance (CRYPTO: BNB) co-CEO Richard Teng said Wednesday that the platform’s gold perpetual trading volume now rivals that of several national commodity exchanges.

TradFi Perps Thrive On Crypto Exchanges

Teng drew on Binance’s own research, which highlighted the “rapid” growth of perpetual futures on cryptocurrency exchanges for traditional assets such as stocks, gold, and silver.

Note that these are leveraged contracts, not physical ownership or spot trading.

Binance Leading The Market?

The report recognized Binance as the market leader with 41% share. Notably, CoinGecko data showed Binance led with $46 billion in total perpetual trading volume over the last 24 hours.

A chart embedded…

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Tron (CRYPTO: TRX) founder Justin Sun criticized a new governance proposal by Trump family-backed World Liberty Financial (WLFI) on Wednesday, deeming it a “power consolidation and property expropriation operation.”

Details Of Proposal

The proposal’s terms include a 2-year cliff and a 3-year linear vest for all 45.24 billion WLFI tokens held by advisors, institutions, partners, founders and team members. This means that tokens will begin to unlock in year 2 and will be fully distributed by year 5.

Upon passage, 10% of this allocation, up to 4.52 billion, will be burned and permanently removed from the token supply.

Early supporters, meanwhile, will have a shorter vesting schedule,…

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Leading cryptocurrencies remained stable, while stocks hit record highs on Wednesday as President Donald Trump declared the Iran war is nearing an end.

Crypto Market Holds Steady

Bitcoin hovered around $74,000 for most of the day before surging to $75,000 in late trading. Trading activity remained on the lower side. Ethereum also wobbled in the $2,300 zone, while XRP and Dogecoin traded in the green.

Over $210 million was liquidated in the past 24 hours, predominantly in short positions, according to Coinglass data.

Open interest in Bitcoin futures held steady over the last 24 hours, while retail and whale derivative sentiment continued to be bearish.

“Extreme Fear” sentiment prevailed in the…

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