As of the end of last year, Abu Dhabi funds held over $1 billion in the BlackRock Bitcoin ETF.

U.S.-Iran war latest: Trump threatens to bomb Iran’s power plants and oil wells; U.S. crude surges past $100

Tensions between the U.S. and Iran are escalating. Trump threatens to bomb Iran’s oil and power facilities, pushing U.S. crude oil prices to surge past $100. Taiwan stocks fell sharply, dropping more than 400 points due to the spillover, while the Federal Reserve kept interest rates unchanged. U.S. stocks and Bitcoin continue to trade in choppy, sideways consolidation. Latest developments in the U.S.-Iran war: Trump threatens to bomb Iran’s power plants and oil wells --------------------- A coalition of U.S. and Israeli forces continues its military operations against Iran. According to a report by CNN, U.S. President Donald Trump threatened that if no agreement is reached and the Strait of Hormuz is opened, he would destroy Iran’s power plants and oil wells. Earlier, he said he was considering taking control of Iran’s Khark Island. Iran’s parliament approved charging tolls for vessels passing through the Strait of Hormuz and banned U.S. and Israeli ships from passage. Israel’s military also carried out a large-scale airstrike against Tehran, Iran’s capital. In 24 hours, it struck 170 targets, including drone engines

The Nasdaq will eliminate the 10% public float threshold starting May 1 and introduce a fast-track pathway for mega-cap IPOs.

Gate News message, March 31, Nasdaq announced that, effective May 1, 2026, it will officially remove the 10% public float minimum threshold requirement. At the same time, Nasdaq added a "Fast Track" rule that allows qualifying mega-cap IPOs to be added to the Nasdaq 100 Index (the U.S. tech stock benchmark index) within about 15 trading days.

TradFi Fall Alert: VIX (VIX) Falls Over 3%

Gate News: According to the latest Gate TradFi data, VIX (VIX) has dropped by 3% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

SWIFT launches an Ethereum L2 ledger, with 30 banks working together to build around-the-clock cross-border settlement

SWIFT announced on March 30, 2023 that its blockchain-based shared ledger has entered minimum viable product (MVP) development, with plans to go live in 2026. This ledger was designed by more than 30 financial institutions and supports real-time transfers of tokenized deposits, stablecoins, and central bank digital currencies. SWIFT’s blockchain documentation is intended to address structural issues in traditional cross-border payments, improving efficiency and reducing costs. This permissioned ledger does not use a native cryptocurrency, but instead relies on Ethereum L2 technology.

TradFi Rise Alert: XAUUSD (Gold) Rises Over 2%

Gate News: According to the latest Gate TradFi data, XAUUSD (Gold) has surged by 2% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

Bitcoin ETF ends a four-week streak of consecutive gains, with IBIT seeing a sudden $200 million in daily redemptions

U.S. spot crypto ETFs saw outflows in the last week of March, with combined outflows from Bitcoin and Ethereum ETFs totaling about $503 million. Although Bitcoin ETFs had net inflows for four weeks, they turned to redemptions this week, mainly due to worsening market sentiment. Ethereum ETFs continued to see outflows, but BlackRock’s ETHB recorded net inflows thanks to its staking feature, indicating institutional interest in yield-generating products. XRP ETFs moved slightly higher against the trend, but this was still not enough to signal a shift in the market toward altcoins.