Bitcoin spot ETFs returned to net inflows on Thursday, adding $131.31 million as BlackRock's IBIT brought in $144.10 million and total trading volume reached $2.76 billion. Ether ETFs stayed negative for a fourth session with $5.65 million in outflows, while XRP and Solana ETF products posted $18.25 million and $6.51 million in inflows, respectively.

Forward Industries said its fiscal Q1 ended Dec. 31, 2025 closed with a net loss of $585.6 million after accounting marks reduced the value of its Solana holdings. The company reported $560.2 million in digital-asset losses plus a $33 million impairment charge, while it held about 6.96 million SOL worth roughly $1.59 billion and staked most of it for 6.5%–7.2% annualized yields. Revenue rose to $21.4 million from $4.6 million as staking income increased, and the firm also introduced its liquid staking token fwdSOL.

In Q1 2026, Jane Street reduced multiple bitcoin-linked positions while expanding exposure to ether ETFs and several crypto-related equities. Its BlackRock spot Bitcoin ETF holding fell about 71% to roughly 5.9 million shares, while combined additions to two ether ETFs totaled around $82 million. The firm also increased positions including Riot Platforms and Galaxy Digital as it diversified its reported holdings.

On Wednesday, spot bitcoin ETFs saw $635.23 million in net outflows, led by Blackrock’s IBIT at $284.69 million, while total trading volume reached $1.99 billion. Ether ETFs extended their decline to a third session with $36.30 million leaving the group, as Solana ETFs stood out with $5.97 million of net inflows and XRP ETFs showed no trading activity.

In the first quarter of 2026, Wells Fargo increased its holdings in ether ETFs while adjusting several bitcoin ETF positions and reshaping crypto-linked equities. By March 31, its stake in BlackRock's iShares Ethereum Trust (ETHA) rose about 63% to roughly 1.1 million shares, and it also expanded exposure to Strategy while sharply cutting Galaxy Digital.

Crypto exchange MEXC said it plans to expand its Guardian Fund to $500 million over the next two years and add 1,000 bitcoin to its reserves. The company described the move as a risk-management upgrade built around a dual reserve system using BTC and USDT to support liquidity and longer-term backing.

Japan's crypto market is moving away from retail-led speculation as regulators tighten frameworks aimed at institutional use. In 2025, the Financial Services Agency (FSA) said exchange accounts exceeded 12 million and custody assets surpassed $31 billion (¥5 trillion) as of January 2025, while a February 2026 working-group proposal backed bringing crypto under securities-style oversight.

April 7 marks the opening of Tokyo’s Teamz Summit, where policymakers and industry figures are debating whether Japan can grow into a more institution-ready crypto hub. Regulators point to scale already in place, including more than 12 million exchange accounts and over $31 billion in custodial user assets by end-January 2025, alongside about $10 billion in February 2026 spot volume. The thesis is that Tokyo’s advantage may come less from speculation and more from compliant rails, as the FSA considers a 2026 shift of cryptoassets toward FIEA-style oversight.

Over a four-day trading week, bitcoin spot ETFs ended with net inflows of $22.34 million despite choppy day-to-day moves. Ether ETFs logged $42.15 million in net outflows, while Solana and XRP ETFs also posted weekly redemptions of $5.2 million and $3.56 million.