๐จ Meegwell Crypto โ Weekly Market Update
Big things happening this week sovereign investors! Here's what matters:
๐ Bitcoin Resilience
Bitcoin jumped back above $71K following positive geopolitical news (Cryptointegrat) and Spot Bitcoin ETFs recorded $471 million in net inflows in a single day โ the strongest figure in over a month. (OpenPR) Institutional money keeps arriving. ๐ช
๐ฆ Morgan Stanley Joins the Party
Morgan Stanley debuted its spot Bitcoin ETF (OpenPR) โ another major Wall Street institution validating crypto as a legitimate asset class.
๐ RWAs Moving Fast
Europe's largest asset manager Amundi launched a tokenized fund powered by Chainlink reaching $400M in just three weeks โ the fastest growing tokenized fund ever. (Cryptointegrat) This is exactly what I've been talking about. Everything is being tokenized. ๐
๐ค AI Tokens Exploding
The AI tokens sector grew 30% in one month from $14 billion to $19 billion market cap. (CoinPedia) The AI and crypto narrative is just getting started.
โ๏ธ CLARITY Act Update
The CLARITY Act markup is expected with the Senate Banking Committee by mid April. (CoinPedia) Regulatory clarity is coming. Position accordingly.
๐ฎ Ethereum Glamsterdam
The Ethereum Glamsterdam upgrade is set to go live in June โ increasing transactions per second dramatically. (CoinPedia) Historically Ethereum rallies before major upgrades.
This is not financial advice. Always do your own research.
Find it. Buy it. Store it safely. ๐
โ Meegwell