Tag: Cryptocurrencies
Filing submitted: Canary Capital Group LLC filed Form S-1 with the SEC on April 8, 2026, for the proposed Canary PEPE ETF.
Spot structure: The Trust will hold PEPE directly on Ethereum, with a small initial allocation of ETH (up to 5%) solely for network fees; no derivatives or leverage.
Creation process: Shares issued and redeemed in Baskets of 10,000 units, using cash or in-kind PEPE transfers through Authorized...
Morgan Stanley Launches Spot Bitcoin ETF as First Major U.S. Bank Enters Market
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Launch today: Morgan Stanley Bitcoin Trust (MSBT) begins trading on NYSE Arca April 8, 2026, under ticker MSBT.
Lowest fee: 0.14% expense ratio undercuts BlackRock’s IBIT and all other spot Bitcoin ETFs.
First major bank: Morgan Stanley becomes the first major U.S. commercial bank to offer a spot Bitcoin ETF.
Advisor reach: Product taps network of 16,000 financial advisors overseeing roughly $6 trillion in client assets.
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Spot Bitcoin ETFs Pull In $471M, Largest Daily Inflow Since Late February
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Record inflows: Spot Bitcoin ETFs netted $471 million on April 6, the largest daily intake since February 25 and the sixth-biggest of 2026.
Leading funds: BlackRock’s IBIT added $182 million, Fidelity’s FBTC $147 million, and ARK 21Shares’ ARKB $119 million — its biggest inflow since July 2025.
Market backdrop: Bitcoin traded around $68,800–$69,000, stalling below $70,000 amid weak spot demand and whale distribution.
Ether...
QuasarChain Announces Official Mainnet Launch for April 7, Delivering Near-Zero Gas Layer 2 Efficiency
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LONDON, UK – April 7, 2026 – QuasarChain, the emerging Layer 2 (L2) infrastructure engineered for real-world utility and high-performance scalability, today confirmed its official market launch scheduled for April 7. Following a strategic pre-launch phase, the project is opening its ecosystem to early participants, marking a pivotal milestone in the democratization of high-efficiency blockchain transactions.
Designed to eliminate the...
Weekly Snapshot – Bitcoin’s Geopolitical Rebound
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Bitcoin surged to roughly $69,120 on April 6 after traders returned from the Easter break to news of potential 45-day Iran ceasefire talks. The move squeezed $196 million in shorts and lifted the total crypto market cap back above $2.5 trillion. Major tokens followed: Ethereum rose 3.7% to $2,130, Solana gained 2% to $82, and XRP added 2.2% to $1.34. The relief came after weeks of suppressed volatility caused by U.S.-Israel-Iran tensions that...






