Morgan Stanley has filed with the U.S. Securities and Exchange Commission for a spot Bitcoin ETF that would charge a 0.14% expense ratio. The proposed 14-basis-point fee is below Grayscale's 0.15% Bitcoin Mini Trust and BlackRock's iShares Bitcoin Trust at 0.25%. The move highlights intensifying cost competition as issuers look to attract both institutional and retail flows.

A weekly roundup highlighted heightened cross-market volatility and fresh signs of traditional finance embracing digital assets, including Goldman Sachs pointing to a potential cyclical bottom for crypto. Separately, Fannie Mae said it will support crypto-backed mortgages in a product built with Better Home and Finance and Coinbase, allowing borrowers to use assets such as bitcoin or USDC held on Coinbase as part of a home purchase.

On March 28, 2026, Bitcoin climbed back to $66,436 after dipping to around $65,500 a day earlier, as on-chain and derivatives data pointed to cautious positioning. Short-term holders reportedly sold 21,700 BTC at a loss in 24 hours, while options markets implied a 53% chance BTC remains below $66,000 through the April 24 expiry.

Bhutan has net sold about $120 million in Bitcoin in 2026 so far, cutting its holdings by roughly 1,700 BTC. On March 27, 123.7 BTC (about $8.5 million) was moved from a main wallet to a new address, following a pattern of breaking sales into smaller batches.

Bitcoin fell more than 7% intraday on Friday to a three-week low of $65,700, dipping below $66,000 as traders looked toward the upcoming weekly close. Analysts said a loss of the current range and the 200-week EMA could open a move toward $60,000-$62,000, while separate historical models were cited as pointing to a potential 30%-45% drawdown. At the time of writing, BTC was trading around $65,600, down 6% on the week.

Bitcoin (BTC) slid to $65.5K on Friday, 27 March, revisiting a level that previously sparked a move to $76K earlier in the month. The drop coincided with nearly $400 million in crypto long liquidations, including $172 million tied to Bitcoin, while analysts tracked long-term holder metrics for signs of accumulation versus distribution.

Bitcoin has erased its March gains and is down 1.40% on the month and 24.6% in Q1 2026, with some analysts eyeing the risk of another 40% downside. Ecoinometrics data suggests every additional 10% decline has historically added about 80 days to the time needed to regain prior highs, implying a deeper selloff could push a full recovery past Q2 2027.

Bitcoin [BTC] fell more than 6% over a volatile 48 hours and broke below the $70,000 support level, retracing toward early-March prices. Long liquidations stayed contained at under $120 million, while a newly created wallet withdrew 2,650 BTC ($179.6 million) from Binance and short-term holder inflows to Binance declined to 25,000 BTC from roughly 100K BTC in early February.