S&P 500 Software Index rises back to intraday highs

Japanese Yen Rate Hike Hopeless? Japanese Bonds Collapse with "Yields at 27-Year High," Strait of Hormuz Conflict Strangling Japan's Economy

Japan's 10-year government bond yield rose to 2.32%, approaching a 27-year high, with markets concerned that geopolitical tensions will impact the economy and crypto markets. Trump's 48-hour ultimatum to Iran has sent energy prices soaring, and Japan's critical crude oil shipping routes face threats, potentially worsening inflation. The Bank of Japan faces a dilemma between rate hikes and economic recovery, while rising yields could trigger investor liquidations, impacting risk assets like Bitcoin.

Trump Issues Ultimatum to Iran! Reopen Strait of Hormuz Within 48 Hours, Global Assets Under Pressure Simultaneously

US President Trump issued an ultimatum to Iran, threatening to destroy its power plants and demanding the reopening of the Strait of Hormuz. Iran responded by blockading the strait, causing market volatility due to geopolitical tensions. US stock futures declined, crude oil prices soared, and gold fell due to a strong dollar, demonstrating the market's lack of resilience to crisis.

NYSE Fully Removes Bitcoin and Ethereum ETF Options Restrictions! 25,000 Contract Limit Cancelled, Institutional Capital Gets Wide Room to Operate

The U.S. crypto ETF market is experiencing significant regulatory relaxation. NYSE Arca and NYSE American have removed position and exercise limits on Bitcoin and Ethereum spot ETF options, which received immediate SEC approval. This adjustment promotes market liquidity, allowing institutional investors to employ more flexible strategies and further advancing the maturity of the crypto ETF market.

Last week, Ethereum spot ETF saw net outflows of $59.94 million, with BlackRock's ETHA experiencing net outflows of $69.5865 million.

Last week, Ethereum spot ETFs experienced net outflows of $59.94 million, with BlackRock's ETF ETHA seeing the largest outflow of $69.5865 million, and Fidelity's FETH also recording outflows of $61.6216 million. Grayscale's Ethereum Mini Trust ETH saw net inflows of $6.8702 million. Currently, the total assets under management for Ethereum spot ETFs stands at $1.233 billion.

Last week SOL spot ETF saw net inflows of $21.1 million, with Bitwise BSOL recording weekly net inflows exceeding $20 million.

According to SoSoValue data, from March 16-20, SOL spot ETFs saw net inflows of $21.1 million, primarily from Bitwise ETF BSOL with weekly net inflows of $20.9863 million and historical cumulative net inflows reaching $803 million. Fidelity ETF FSOL experienced net outflows of $1.12 million. The total assets under management for SOL spot ETFs currently stands at $875 million.

Last Week XRP Spot ETF Net Inflows of $640,000, Bitwise ETF XRP Leads with Net Inflows

According to SoSoValue data, from March 16-20, XRP spot ETF had net inflows of $640,000, with Bitwise ETF recording net inflows of $4.6369 million, Canary ETF recording net inflows of $1.9782 million, and 21Shares ETF recording net outflows of $5.9786 million. To date, the total assets under management of XRP spot ETFs have reached $1.01 billion.