Italy’s largest bank reported $235 million in cryptocurrency holdings for Q1 and disclosed first-time positions in Ethereum and XRP. The figures were included in a quarterly regulatory filing published in the U.S. SEC’s EDGAR system under 13F-HR submissions.

Huang Licheng (known as "Machi Big Brother") reportedly closed most of his leveraged long positions in Ethereum and Bitcoin, booking losses close to $32 million. According to on-chain tracking data compiled by KuCoin, the drawdown was above $30 million as the positions were unwound, while he was said to still hold about 6,800 ETH after exiting BTC and other longs.

BlackRock has submitted an application to the U.S. Securities and Exchange Commission for a new tokenized fund, continuing its push into blockchain-based financial infrastructure. The filing is a post-effective amendment (Form 485APOS) shown under CIK 0000844779 and starts a review process rather than confirming approval, launch timing, or final product terms.

Hong Kong Exchanges and Clearing Limited (HKEX) said IPO proceeds totaled HK$151.4 billion over January to April, a 604% increase from the same period a year earlier. The update highlights a sharp rebound in total funds raised, though proceeds can rise even when the number of listings stays modest.

On April 3, the Coinbase Bitcoin Premium Index returned to positive territory after 15 straight days below zero, printing 0.0019%. The tiny premium suggests Coinbase BTC traded only marginally above the global average, offering at most a tentative hint of improving U.S. spot demand. Bitcoin was quoted around $66,958 at the time, up about 0.71% over 24 hours.