Grayscale has filed to convert its private Digital Large Cap Fund, which includes Bitcoin, Ethereum, XRP, Solana, and Cardano, into a publicly available exchange-traded fund (ETF). 

Daily top performer — Compound Finance (COMP)

The S&P 500 rose 0.38% as investors awaited new tariffs amid weak factory data and declining job openings. Gold eased to $3,113 after hitting a record high, driven by profit-taking ahead of Trump's tariff announcement, but remains strong due to safe-haven demand and economic uncertainties. The Coindesk Indices, which tracks the broader crypto market, are up by 1.30%, with Bitcoin and Ether are up 3.10% and 5.19%, respectively, in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is COMP, up 14.3%, following the proposal for the creation of a foundation to ensure consistent leadership and coordination by Compound.

Compound Finance (COMP), launched in September 2018, is a DeFi lending platform that allows users to earn interest on crypto assets. Built on smart contracts, it adjusts interest rates based on supply and demand, connecting lenders and borrowers without intermediaries. In June 2020, Compound decentralized with the launch of COMP and full governance transfer. However, it lacks a core operational pillar. With Compound v4 development and increased community engagement, the need for consistent leadership has grown. To address this, Compound Labs 

 creating a Compound Foundation for structure, clarity, and coordination, similar to other ecosystems like Uniswap.

Check out the latest prices, charts, and data of 

 to convert its private Digital Large Cap Fund, which includes Bitcoin, Ethereum, XRP, Solana, and Cardano, into a publicly available exchange-traded fund (ETF). The fund, which currently holds 79.4% Bitcoin and 10.69% Ethereum, has grown by 478.83% since its launch in 2018. The conversion would allow everyday investors to access the crypto market, covering about 75% of the digital asset market cap. If successful, it would eliminate the current barrier that restricts access to accredited investors. The filing is still in progress, with management fees and other details pending.

Yesterday, BTC spot ETF had a total outflow of $157.8 million, with GBTC seeing a loss of $10.1 million and non-GBTC products losing $147.7 million.

 that its airdrop might be approaching, with a claim page now live. Registration for the airdrop runs from April 2 to April 17, and claims are expected to open on April 22. However, nothing has been officially confirmed yet. Stay tuned for updates.

Beginner

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Grayscale files to convert digital large cap fund into publicly accessible crypto ETF

In this guide, we'll dive into how to trade crypto with the Bybit app, a convenient and feature-rich platform. Explore spot and derivatives trading for beginners on the Bybit app.

Welcome to our step-by-step guide on trading using the Bybit app. In this article, we’ll walk you through everything you need to know — from downloading the app and setting up your account to executing spot, margin and derivatives trades. Bybit is a leading cryptocurrency exchange that offers a fully localized and user-friendly mobile experience, making it easy for both beginning and seasoned traders to manage their investments seamlessly.

First, download the Bybit app from the App Store (iOS) or Google Play (Android). Once you’ve installed the app, open it and select your preferred language.

 and register using your email address or phone number. Complete the verification process by submitting your mainland Chinese ID or passport as required. This step is crucial to ensure your account is secure, and to unlock higher withdrawal limits.

After verifying your identity, head over to the 

 tab to fund your account. You can directly deposit cryptocurrencies like BTC or USDT. Our 

 (UTA) streamlines fund management, allowing you to trade seamlessly across different markets without the hassle of multiple wallets.

Spot trading with Bybit lets you buy or sell cryptocurrencies at current market prices with immediate settlement.

To begin, log in to the app and tap on the 

Choose your desired trading pair, such as BTC/USDC or ETH/USDT, from the list.

 lets you specify a price at which you want to buy or sell. 

Enter the amount you wish to trade, review the details and confirm your order.

Once your order is executed, monitor its status in the 

Bybit has an intuitive interface that displays real-time updates, so you can track your trades anytime with ease. 

How to execute a spot margin trade with the Bybit app

For traders looking to leverage their positions, Bybit offers a spot margin trading feature that allows you to borrow funds to increase your buying power. Start by logging into your account and tapping on 

Choose a trading pair, such as ETH/USDC, which supports margin trading with leverage options of up to 10x. 

Once your trading pair is selected, you’ll need to select the margin amount (e.g., 

 at which you want your limit order to execute.

You’ll also see several other important metrics, such as 

Enter the amount you wish to trade, and then carefully review all of the details.

After confirming your order, your margin trade will be executed. You can track your position in the 

 tab, where you can also set up stop-loss or take-profit orders to manage risk. 

How to trade derivatives with the Bybit app

Bybit also offers derivatives trading, which allows you to speculate on the price movements of cryptocurrencies without actually owning the underlying assets. Derivatives include Futures and Perpetual contracts, which can be traded with leverage, sometimes up to 100x.

To start, log in to your account and tap on 

Set your desired leverage (e.g., 50x) and choose between 

 margin modes, based on your risk preference.

 (if using limit or conditional orders) and 

Once you’re satisfied with your parameters, confirm your order and your position will appear in the 

Trading with the Bybit app offers numerous advantages that make managing digital assets both efficient and secure. The platform’s user-friendly design, high-speed execution and comprehensive risk management tools cater to traders of all levels. Our Unified Trading Account (UTA) streamlines fund management by consolidating assets for spot, margin and derivatives trading under one account, which reduces operational complexity and enhances overall efficiency. This streamlined approach lets you focus on strategy rather than logistics.

Additionally, Bybit’s state-of-the-art security measures — such as multi-factor authentication, regular independent audits and cold storage of assets — ensure that your transactions are conducted safely and transparently. With an interface designed to minimize distractions and provide real-time data, you can quickly monitor market movements and adjust positions. 

Our commitment to a secure and reliable trading experience is evident in our continuous improvements and proactive customer support. These features empower you to make informed trading decisions, fostering confidence in your ability to navigate the dynamic crypto market.

Bybit delivers a secure, robust and intuitive mobile platform that simplifies cryptocurrency trading for everyone. In this guide, we’ve explored how to set up an account, fund it and execute various types of trades — spot, margin and derivatives — using a fully localized and user-friendly interface. Our Unified Trading Account and comprehensive risk management tools ensure a smooth trading experience so you can focus on growing your investments.

Looking ahead, Bybit remains dedicated to innovation and excellence in the crypto industry. We continually refine our platform, based on user feedback and market trends, ensuring that you have access to the latest tools and features. Our commitment to transparency and security underpins everything we do as we build trust and empower traders. 

How to trade spot crypto on Bybit app.png

How to trade with the Bybit app

Approval of an Aptos Spot ETF could drive price growth and mainstream adoption by offering regulated, accessible exposure to APT for investors.

In early March 2025, Bitwise Asset Management, Inc. filed an S-1 registration statement with the SEC to launch a Aptos Spot 

 (ETF), sparking fresh excitement in the crypto market. Known for its cutting-edge blockchain architecture and lightning-fast transactions, Aptos is gaining traction, and now joins the growing list of projects seeking mainstream investment products. 

This article describes how an Aptos Spot ETF works, its potential impact on the market, regulatory hurdles and the significance of potential approval for the future of altcoin investments. Could this be the move that propels Aptos to blockchain supremacy?

An Aptos Spot ETF is an exchange-traded fund that physically holds the 

 (APT) cryptocurrency and directly tracks its real-time price, providing investors exposure to its market performance without needing to own the asset itself.

An Aptos Spot ETF would operate by acquiring Aptos tokens through authorized participants (APs), typically large financial institutions. These APs play a crucial role in the creation and redemption of ETF shares. They purchase Aptos tokens, either from the open market or directly from exchanges, and transfer them to the ETF in exchange for newly issued shares.

Once the tokens are bought, the ETF stores them securely, often through specialized custodial services that ensure transparency and regulatory compliance. The ETF tracks the value of Aptos (APT) by referencing a specific pricing benchmark, such as the CF Aptos-Dollar Settlement Price, aggregating data from major trading platforms in order to accurately reflect the APT token’s market value. 

Creation and redemption of Aptos Spot ETF shares

Creation and redemption of ETF shares takes place in large blocks, known as Baskets, which typically consist of 10,000 shares. APs are key in maintaining liquidity and ensuring that the ETF’s price stays aligned with the value of the underlying asset. 

In the creation process, an AP delivers cash for an amount equivalent to the value of the ETF shares it wants. The fund’s sponsor then uses this cash to acquire Aptos tokens from pre-approved trading counterparties, who operate independently of the APs. Once the tokens are acquired, the ETF issues the corresponding number of shares to the AP, which can then sell them on the open market.

On the flip side, during the redemption process, an AP wishing to redeem ETF shares returns the specified number of shares to the fund. In return, the AP receives cash for an amount equivalent to the value of the underlying Aptos tokens. To fund this redemption, the sponsor arranges for the sale of the required Aptos tokens to approved counterparties, and the cash proceeds are used to fulfill the redemption request.

Once created, ETF shares are listed and traded on public stock exchanges, allowing investors to buy and sell them as they would traditional stocks during market hours. This provides liquidity and accessibility to a broader range of investors.

The ETF provider charges an annual management fee for overseeing the fund's operations. These fees compensate the provider for managing the fund and ensuring its alignment with the underlying asset's performance. This mechanism ensures that the Aptos Spot ETF stays closely aligned with the market value of Aptos tokens, while offering investors the convenience of trading ETF shares on traditional financial markets.

On Mar 5, 2025, Bitwise Asset Management submitted an 

 to the US Securities and Exchange Commission (SEC), seeking approval to launch an Aptos Spot ETF. To address regulatory concerns, Bitwise has decided to exclude a staking provision from the Aptos ETF. (

 allows users to earn rewards by holding their cryptocurrency instead of selling it, but this can complicate ETF structures and raise issues with the SEC.) 

Bitwise still needs to submit an SEC Form 19b-4 for its Aptos Spot ETF application. Once the SEC acknowledges receipt of the 19b-4, the review process will officially begin, which could take several months. With the SEC grappling with an increasing number of Spot ETF applications, Bitwise's filing is expected to draw significant attention. The outcome could set an important precedent for the future of altcoin ETFs in the US.

Current impact of Aptos Spot ETF applications on the crypto market

The announcement of Bitwise’s filing for an Aptos Spot ETF had an immediate and positive effect on the crypto market. In response to the news, 

, jumping more than 18% to around $6.48. This spike reflected investor optimism surrounding the potential approval of the ETF and the impetus it would provide for growing acceptance of Aptos in traditional financial markets.

The market’s reaction highlights a rising interest in alternative cryptocurrencies, as well as the anticipation of more diversified investment options. While the approval of the Aptos Spot ETF is still uncertain, the filing has already had a significant impact on market sentiment, demonstrating the powerful influence of regulatory developments on cryptocurrency valuations.

What will it mean if an Aptos Spot ETF application is approved?

​The approval of an Aptos Spot ETF by the US SEC would mark a significant milestone in the cryptocurrency and traditional finance sectors. 

Looking to capture the market and trade APT tokens? Bybit offers the 

The potential approval of an Aptos Spot ETF represents a transformative moment for both the crypto and traditional finance sectors. It promises increased accessibility and liquidity for Aptos, while also offering institutional and retail investors a regulated means to gain exposure to Aptos via its APT token. Enhanced price discovery and regulatory validation could stabilize the token’s value and boost market confidence. Finally, success in this application may pave the way for additional altcoin ETFs, broadening investment opportunities and further integrating cryptocurrencies into mainstream financial markets.

Intermediate

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Aptos Spot ETF: Fast track to blockchain supremacy

A new privacy tool, Privacy Pools, launched on Ethereum by 0xbow.io on March 31, allows users to transact privately while proving their funds aren’t tied to illicit activities.

The S&P 500 rose 0.55%, with 10 of 11 sectors up, led by staples, financials, and utilities. Gold hit a record $3,128.06, set for its best quarter since 1986, driven by tariff fears and safe-haven demand. The Coindesk Indices, which tracks the broader crypto market, are up by 1.88%, with Bitcoin down by 0.16% and Ether up by 0.39% in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is WAL, up 28.1%, following the building of trust in the digital world with the power of Walrus and blockchain provenance.

Walrus (WAL), launched in March 2025, is a decentralized storage network on Sui, enhancing Filecoin and Arweave with programmable, scalable storage by distributing file fragments across global nodes for reliability. 

, a key part of the Provenance Stack, ensures content remains unaltered with decentralized storage, while Sui tracks ownership on a fast, scalable blockchain. Blockchain technology offers a solution to the internet's struggle with verifying digital content, combating misinformation and fraud. By adopting these tools, developers, creators, and users can build a more trustworthy digital world based on verifiable content origin.

, launched on Ethereum by 0xbow.io on March 31, allows users to transact privately while proving their funds aren’t tied to illicit activities. The tool, which earned support from Ethereum co-founder Vitalik Buterin, uses “Association Sets” to batch transactions into anonymous pools, with a screening process to ensure funds are not linked to criminals. If a deposit is flagged as illicit, users can "ragequit" and reclaim their funds. The project aims to balance privacy with regulatory compliance, following backlash against privacy tools like Tornado Cash. Initial deposits are limited to 1 Ether, with the possibility of increasing the limit once the protocol is tested further. Privacy Pools has already received over 21 ETH in deposits, including Buterin’s. The tool was inspired by a white paper co-authored by Buterin and others, and its code passed a successful audit.

Yesterday, BTC spot ETFs saw a net outflow of $75.7M, with no change in GBTC and all losses from non-GBTC funds.

 the first agentic ecosystem on BNB Chain, allowing users to securely create, train, and collaborate with AI agents. Users can launch AI agents by staking through their EVM wallets, with training hubs and reward systems coming soon. Additionally, gas fees deposited for voting can now be withdrawn via the Mind Network dashboard.

Privacy Pools launches on Ethereum with Vitalik Buterin's support and focus on regulated privacy

Daily Bits

Aave Labs has announced its strategic plan for the year 2030, which includes the introduction of Aave V4, a new visual branding, and broader DeFi features.

The SPX index is down 0.34%. This market activity followed Powell's indication that a rate hike in June is unlikely and the central bank's continued concern over high inflation. Powell stated that a rate decrease would only be considered once there is greater confidence in achieving a sustainable 2% inflation rate. The broader cryptocurrency market is down, with Bitcoin and Ether dropping by 3.70% and 0.79%, respectively, in the past 24 hours.

Today’s outperformer is ZETA, which jumped 19.0% after ZetaChain announces New Growth Program, allocates 5% of ZETA Tokens to boost dApp development with focus on Bitcoin projects.

ZetaChain (ZETA), launched in February 2024,  is a Layer 1 blockchain and interoperability platform enabling DApps to operate across multiple blockchains, including those without native smart contract capabilities, like Bitcoin and Dogecoin. ZetaChain has launched a 

 that dedicates 5% of its ZETA token supply to boost dApp development on its platform, with a specific focus on Bitcoin-related projects that will receive 1% of the allocation. This initiative is aimed at enhancing product and service innovations across blockchain networks, particularly after Bitcoin's recent halving event. The funding, which will be rolled out over the next 3-4 years, supports advancements in Bitcoin infrastructure, decentralized finance, and gaming/social applications. The program is now open for project submissions, emphasizing ZetaChain's omnichain capabilities to improve blockchain user experiences.

Check Out the Latest Prices, Charts, and Data of 

Aave Labs has announced its strategic plan for the year 2030, which includes the introduction of 

, a new visual branding, and broader DeFi features. The main focus is on Aave V4, which aims to enhance the user interface, add a Cross-Chain Liquidity Layer (CCLL) to facilitate easier asset transfers between blockchains and integrate Real World Assets (RWAs) with Aave’s stablecoin, GHO, in partnership with Chainlink. This upgrade is intended to boost GHO's daily utility and expand Aave's asset offerings. The plan involves a three-year development schedule with continuous input from the community and annual evaluations. It also suggests shifting to a proactive funding model, with detailed budgeting for research, development, and security checks in the first year. Additionally, Aave is looking to update its visual identity to reflect its strategic vision and enhance brand recognition in the DeFi sector. 

Bitcoin (BTC) fell 3.65% to close at $58,917 on Wednesday, reacting negatively to the U.S. BTC-spot ETF market outflows and the Federal Reserve's decision to hold interest rates steady at 5.25-5.50%. Significant ETF outflows occurred following the Fed's non-hawkish press conference, underscoring investor caution. Technically, BTC remains in a bearish short-term trend but maintains a bullish long-term outlook, with key resistance at $60,365.

The Drift Foundation has activated the $DRIFT Eligibility Checker and revised its 

 allocations: 64% for OGs, 30% for Trader Points Program participants, 5.5% for early version 1 users, and 0.5% for Keeper Network. An additional 2% of tokens (20 million) have been added, bringing the total to 12%, to celebrate community milestones. Drift has partnered with Allium Labs to combat sybil and wash trading, redistributing penalized allocations. A novel claim bonus incentivizes delayed claims to minimize bot activity and network congestion, with bonuses increasing over a six-hour period and unclaimed bonuses returning to the DAO. The exact claim date will be announced soon, and details are available on 

Aave Labs Unveils 2030 Roadmap with New Aave V4; Bitcoin ETFs Records Largest Single-Day Outflows

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