Inside Bitwise’s Avalanche ETP and institutional strategy with Matt Hougan
The Block·60-word summary·1 min read
Bitwise is focusing on institutional growth through its Avalanche ETP, with Matt Hougan highlighting how ETFs, tokenization, and institutional capital are transforming the crypto landscape. These strategies aim to accelerate the next phase of industry expansion, emphasizing the importance of institutional involvement in mainstream adoption. The approach reflects a broader trend of integrating traditional finance mechanisms into crypto markets.
Warsh's upcoming Federal Reserve hearing on April 21 has heightened focus on future interest rate predictions, as his potential role could influence monetary policy decisions. Market stability and rate expectations are expected to be affected by his involvement, with analysts closely monitoring the event to gauge possible shifts in Fed policy and its impact on the broader economy.
Three out of four Americans oppose war with Iran, according to recent polls, putting pressure on Congress to avoid escalation. This widespread public sentiment could influence U.S. foreign policy decisions and diplomatic strategies, potentially preventing military action. The poll results highlight significant domestic opposition to military intervention in Iran as of April 2026.
Grayscale Investments has moved custody of its HYPE ETF from Coinbase to Anchorage, signaling a diversification strategy. The change, reflected in their latest ETF filing, aims to strengthen the ETF’s structure amid evolving crypto regulations. This shift highlights ongoing adjustments in the crypto ETF landscape as Grayscale seeks to optimize asset security and management.
Analyst Johnny Rice predicts XRP could fall below $1 by 2031, citing faded catalysts like the SEC settlement and spot ETF launches. Despite initial boosts, XRP has declined over 60% from its July 2022 high of $3.65 and remains below $2. Rice argues that recent events failed to sustain long-term demand.
Grayscale’s amended Hyperliquid ETF filing now lists Anchorage as the custodian, replacing Coinbase. Previously, Anchorage served as a secondary custodian for some of Grayscale’s Bitcoin and Ethereum trusts. The change reflects Grayscale’s ongoing adjustments to its custody arrangements, with no specific dates or amounts disclosed. The move highlights evolving custody strategies within the crypto investment sector.
Under Paul Atkins, the SEC has softened its stance on crypto, dropping several cases against companies. However, as of April 2026, the agency still awaits the passage of a market structure bill to clarify its authority over the sector. This shift marks a notable change from previous aggressive enforcement, but regulatory clarity remains pending.
