K33: Calm derivatives and soft inflows suggest Bitcoin is carving a base

K33’s Vetle Lunde notes muted derivatives and limited inflows as Bitcoin consolidates, signaling seller fatigue and a cautious path toward a market bottom.

Morgan Stanley’s spot Bitcoin ETF nears debut after NYSE listing notice, analyst says

NYSE posted a listing notice for Morgan Stanley’s spot Bitcoin ETF. Analyst Eric Balchunas says a launch could be imminent, reshaping ETF distribution and competition.

The Daily: Circle selloff questioned as analysts defend outlook, Bhutan offloads $37M in BTC, Bitmine adds $145M in ETH, and more

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons. ]]>

Bitcoin’s $15B Deribit Options Roll Off as Trump’s Iran Pause Ends—Here’s the Volatility Setup

$15B in BTC options expire on Deribit Friday—40% of its BTC OI—just as Trump’s Iran strike delay lapses. Traders see an orderly expiry but watch for weekend volatility and ETF flows.

Google’s 2029 Post-Quantum Push Puts a Real Clock on Bitcoin’s Security Upgrade

Google plans to migrate to post-quantum cryptography by 2029. That centralized deadline highlights Bitcoin’s slower, decentralized path to quantum-safe signatures.

CoinShares Targets BTC Swings With Trio of BVX-Linked ETFs, Eyes June Launch

CoinShares filed for base, leveraged, and inverse ETFs tied to the CME CF Bitcoin Volatility Index via Valkyrie’s trust, potentially trading by early June 2026 pending SEC review.

Bitcoin ETF Inflows Hit $2.5B in March, Nearing Full YTD Recovery as Institutions Re-Risk

Spot Bitcoin ETFs drew ~$2.5B over the past month with nine $150M+ days, edging toward a full YTD flow recovery even as BTC sits 40% below its $126,080 ATH.

Ireland Unlocks 500 BTC From Seized 6,000-Bitcoin Hoard With Europol’s Technical Support

Ireland’s Criminal Assets Bureau accessed 500 BTC (~$34M) from a 6,000 BTC trove seized in 2019, aided by Europol—reviving a case tied to lost seed phrases and a $418M valuation.

Bitcoin Depot Brings In MoneyGram’s Alex Holmes as CEO as States Clamp Down on Bitcoin ATMs

Bitcoin Depot installs ex-MoneyGram chief Alex Holmes as CEO and chair after a swift leadership shake-up, warning core revenue could drop 30–40% amid intensifying crypto ATM regulation.

Saylor’s $44B Equity Engine To Keep Buying Bitcoin, As Prediction‑Market Sports Bets Face Ban Push

Strategy can issue $44B across MSTR, STRC, and STRK to fund more BTC while Congress targets sports wagers on prediction markets. Plus Polymarket, Coinbase, Warren, and markets.