Gate Research Institute: The Hong Kong Securities and Futures Commission will open virtual asset spot ETF staking services, with Bitcoin and Ethereum prices showing a short-term "V-shaped reversal."

Gate Research Daily: On April 8, Bitcoin rebounded 1.93% to 79,947 USDT, and Ethereum recovered to 1,582 USDT. Since Trump took office, the crypto market value has evaporated by more than $1.1 trillion. Stablecoins withdrew from the exchange, and the balance hit a new low in nearly three months. Multicoin’s AUM soared by more than 50%, and Mantra launched a $108 million fund to support RWA and DeFi startups. South Korea’s pension system plans to introduce blockchain, and Hong Kong will open spot ETF staking services to strengthen the compliance development of virtual assets.

• Market Commentary: Bitcoin price has risen by 2.64% to 80,238 USDT, Ethereum has increased by 0.11% to 1,593 USDT, showing a short-term “V” shaped rebound.
• Popular Tokens: LSDFi, BTCfi, Bittensor Ecosystem and other sectors changed by +48.89%, +29.1%, +16.0%.
• Highlight Data: The total market capitalization of cryptocurrencies has evaporated by over $1.1 trillion since Trump took office; top crypto VCs have seen a significant increase in assets under management, with Multicoin’s AUM soaring by over 50%.
• Hotspot Commentary: Mantra launches a $108 million fund to accelerate the tokenization of real assets and the development of DeFi projects.
• Market Opportunity: Hyperlane aims to achieve secure communication and data transfer between different blockchains, supporting permissionless deployment, and is currently conducting an airdrop event for its native token HYPER.

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