Global TradFi & Macroeconomics

Digital asset investment products saw $1.1B in inflows last week, the highest since January, driven by a renewed risk appetite following easing geopolitical tensions and favorable U.S. inflation data. Bitcoin ($BTC) led the rally with $871M, while Ethereum ($ETH) gained $196.5M.

Bitwise is closer to launching its Hyperliquid ETF, as indicated by its amended filing that adds the ticker BHYP and a management fee of 0.67%. This suggests a potential launch amidst growing competition in the crypto ETF space.

Bitmine has officially moved from the NYSE American board to the main board in the United States, marking an important milestone for the company. Despite a sharp drop in its share price, it has still increased the share repurchase plan amount to $4.0 billion. The company holds a large amount of Ether, and it expects that a rebound in the crypto market will help improve its assets and share price performance.

Ether Machine has terminated its SPAC merger with Dynamix due to unfavorable market conditions, halting plans for a $1.5 billion yield-bearing ETH fund and reflecting broader market caution for crypto treasury strategies.

OdinTai推出OwlPay和Wallet Pro服务，专注于B2B跨境支付，结合稳定币技术与国际金融系统，展现其金融科技转型。通过与MoneyGram合作，Wallet Pro实现现金购买稳定币的跨国汇款，并在美国市场运作。该公司的境外模式规避了台湾严格的监管，并在新法草案下挑战市场竞争格局，未来将影响本地业者的合规策略。

Bitmine has officially moved from the NYSE American board to the main board in the United States, marking a major milestone for the company. Despite a sharp drop in the stock price, it has still increased the share repurchase program to $4 billion. The company holds a large amount of Ethereum, and expects that a rebound in the crypto market will help improve its assets and stock price performance.

Gate News: According to the latest Gate TradFi data, USDTWD (US Dollar vs Taiwan Dollar) has dropped by 99% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Gate News message. On April 13, U.S. President Donald Trump said that yesterday (April 12) 34 ships transited the Strait of Hormuz, the highest single-day passage record since the strait was shut down. In addition, Trump said he will submit an updated version of the lawsuit against The Wall Street Journal again on or before April 27 local time.

Trump said in his statement that the Strait of Hormuz blockade has begun, and that other countries will assist the U.S. He warned Iran that if it does not reach an agreement within two weeks, it will face an unfavorable situation, and he emphasized that the United States will maintain the status quo. The United States is preparing to take measures to respond to Iran.

With the push of the “Virtual Asset Services Act,” Taiwan’s financial giants have launched a M&A race involving financial holding companies and virtual asset service providers (VASPs), aiming to build an on-chain integrated financial ecosystem. Fubon Group and Federal Bank, among others, have already been actively laying the groundwork; newer players with brands such as HOYA BIT are increasingly becoming acquisition targets as well, showing that the deep integration of traditional finance and digital assets is accelerating.

Gate News: According to the latest Gate TradFi data, XUNCE (XUNCE 03317.HK) has surged by 14% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Gate News message, According to April 13 data, Bitcoin ETFs recorded a 1-day net inflow of 3,353 BTC (+$240.82M) and a 7-day net inflow of 10,712 BTC (+$769.27M). Ethereum ETFs saw a 1-day net inflow of 29,225 ETH (+$64.41M) and a 7-day net inflow of 44,575 ETH (+$98.24M). Solana ETFs registered a 1

Investment bank William Blair said that after a decline in its stock price in the first quarter, a certain CEX has already completed risk clearing, and the market has fully priced in expectations of weak trading volume and revenue. Although the trading data is soft, the impact is limited; the exchange has strengthened its competitiveness through a diversified layout. The stablecoin USDC continues to grow, raising its market share and generating synergistic benefits. Institutional investors are bullish on a market recovery and believe the exchange has upside potential.

OdinTin launches OwlPay and Wallet Pro services, focusing on B2B cross-border payments. By combining stablecoin technology with international financial systems, it demonstrates its fintech transformation. Through a partnership with MoneyGram, Wallet Pro enables cross-border transfers to buy stablecoins with cash and operates in the U.S. market. The company’s offshore model avoids Taiwan’s strict regulation, and under the new draft law, it challenges the market’s competitive landscape, which will affect local businesses’ compliance strategies in the future.

Gate News: According to the latest Gate TradFi data, CRDO (Credo Technology Group Holding Ltd) has surged by 10% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Bitmine Immersion Technologies announced on April 13 that its ETH holdings reached 4,874,858 coins, accounting for 4.04% of the total supply, and it plans to reach 5%. Its total assets are about $11.8 billion, with most of its revenue—about $310 million annually—coming through staking. Despite facing roughly $4 billion in unrealized losses on the books, the company’s staking revenue provides steady cash flow and has raised governance-related risk considerations.

Bitmine has officially transferred from the NYSE American board to the main board in the United States, marking an important milestone for the company. Despite a significant drop in its share price, it has still increased the share repurchase plan amount to $4.0 billion. The company holds a large amount of Ether, and it expects that a rebound in the crypto market will help improve its assets and share price performance.

U.S. President Trump announced a blockade of the Strait of Hormuz and will have it take effect on April 12; oil prices promptly surged. The U.S. military will intercept ships bound for Iran, but it will not affect shipping from other Persian Gulf countries. This move intensifies the global energy crisis, with oil prices breaking above $100, which could affect inflation and central bank policy. The market is also watching how geopolitical risk could impact risk assets.

Gate News: According to the latest Gate TradFi data, CRCL (Circle Internet Group Inc) has surged by 8% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

U.S. President Trump threatens to impose an additional 50% tariff on China, claiming China is preparing to deliver air defense systems to Iran. This has heightened tensions between the U.S. and China. Trump’s threat is largely political pressure, and implementation would require legal procedures. China denies providing military aid and calls for restraint. The incident shakes the market, drives up oil prices, and affects the outlook for cryptocurrency.