U.S. stocks lost $1 trillion on March 26 as Iran tensions spiked oil and VIX to 27.44. Bitcoin dropped only 2.5% to ~$68,842, supported by Middle East capital inflows and ETF demand, while European debt stress looms.
Escalating US-Iran tensions triggered a massive sell-off on Wall Street, wiping $1 trillion in market value. The VIX surged to 27.44. Bitcoin showed resilience, dropping only 2.5% to $68,842, supported by Middle Eastern capital inflows and ETF demand.
U.S. markets lost $1 trillion in a single session as Iran tensions spiked oil and VIX to 27.44. Bitcoin fell only 2.5% to around $68,842, supported by Middle Eastern capital flows and ETF demand, outperforming gold and equities.
CoinShares has filed an amendment with the SEC to register three ETFs tracking Bitcoin volatility (BVX), including standard, leveraged, and inverse variants. These will be the first ETFs to directly target the BTC VIX equivalent, aiming to provide hedging and speculation tools. Trading could start in early June if approved.
Options on Bitcoin spot ETFs may take 2-10 months for regulatory approval as both SEC and CFTC must sign off, potentially deterring large investors and reducing ETF appeal. Exchanges filed applications in January but approval timeline remains uncertain.
U.S. Senate passes 10-day FISA extension, retaining warrantless surveillance until April 30. Political gridlock raises privacy concerns, boosting privacy coins and zero-knowledge solutions. Short-term volatility expected ahead of CLARITY Act markup and FOMC meeting.
Franklin Templeton, a $1.5 trillion asset manager, will list its XRP ETF (EZRP) on CBOE tomorrow. Analysts expect first-day trading volume of $150-250 million, far exceeding Canary Funds' XRPC debut at $58 million. Large holders are moving XRP to cold wallets, signaling bullish sentiment.
Franklin Templeton, managing $1.5 trillion, will launch its XRP ETF (EZRP) on CBOE tomorrow. Following Canary Funds' $58M first-day volume, EZRP is expected to reach $150-250M on day one. Large XRP holders move tokens to cold wallets. Key support at $2.10, resistance at $2.40.
