Bitcoin fell 0.9% to $77,564.6 but is set for a fourth straight weekly rise of about 2.5% on strong institutional inflows.
U.S.-listed spot Bitcoin ETFs logged nearly $1 billion net inflows last week, with $2 billion added between April 6‑22 and cumulative inflows above $58 billion, assets near $100 billion.
Morgan Stanley Investment Management launched the Stablecoin Reserves Portfolio (MSNXX), a money‑market fund investing in short‑term U.S. Treasuries to preserve a $1 NAV for stablecoin issuers.
The U.S. and Iran announced upcoming peace talks in Pakistan, with envoy Steve Witkoff and Jared Kushner traveling for discussions, boosting risk appetite.