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Crypto News Summary April 28
Crypto News Summary April 28: Bitcoin stayed flat as micro-cap liquidity failures hit RAVE, while institutional crypto adoption kept advancing.
Morgan Stanley Bitcoin ETF Nears NYSE Launch
NYSE listing notice puts Morgan Stanley's spot Bitcoin ETF (MSBT) near launch, boosting hopes its wealth platform will broaden BTC access, with BTC at 56%.
Armstrong Cheers Banks Moving Into Stablecoins
Coinbase CEO Brian Armstrong praised banks embracing crypto and stablecoins today, saying it signals broader adoption of onchain payments and settlement.
Wells Fargo Files 'WFUSD' Trademark, Hinting at Crypto Payments and Trading Tools
Wells Fargo filed a 'WFUSD' trademark for crypto payments, trading and staking software, signaling a potential stablecoin-style push into blockchain finance.
Northern Trust Launches Tokenized U.S. Treasurys Share Class to Bring Fund Shares On-Chain
Northern Trust launched a tokenized share class for its NIF Treasury Instruments Portfolio, putting fund shares on DLT while holding short-term U.S. Treasurys.
Trump-Linked Truth Social Files With SEC for Bitcoin and Ethereum ETF Lineup
Trump-linked Truth Social filed with the SEC to launch Bitcoin and Ethereum ETFs, bringing a major political brand into the crypto ETF race as prices dipped.
Bitwise Files for U.S. Election Prediction-Market ETFs, Targeting 2026 and 2028 Cycles
Bitwise filed ETFs tied to U.S. election prediction markets, aiming at the 2026 midterms and 2028 presidential race, bringing bets into regulated brokerages.