The S&P 500 closed above 7,600 for the first time, led by AI stocks. Marvell surged 32% on Nvidia optimism, while crypto fades as a contrarian bet.
Kevin Warsh's Fed nomination reveals crypto investments, while Morgan Stanley's Bitcoin Trust ETF shows resilience amid market outflows.
Bitwise assumes management of Superstate's tokenized money market fund as RWA surpasses $30B, while US-Iran tensions push oil higher.
BlackRock and Fidelity ETFs drive $2.2B weekly inflows, providing structural support for Bitcoin and crypto markets.
Bitwise Asset Management introduces an AVAX-linked ETF, expanding institutional access to Avalanche's staking ecosystem and boosting market confidence.