Daily Market Wrap | Mar. 13

Hot Topics

• BlackRock's iShares Staked Ethereum Trust ETF (ETHB) debuts with $15.5M first-day trading volume.
• CFTC Chair Selig says agency to set 'rules of the road' for prediction markets via new guidance and rulemaking.
• JPMorgan notes sharp divergence: gold ETF GLD outflows ~2.7% AUM, bitcoin ETF IBIT inflows ~1.5% since Iran war began.

Market Updates

• Crypto whale loses nearly $50M swapping USDT for AAVE due to extreme slippage on the Aave interface.
• Trump memecoin team launches second Mar-a-Lago gala for top holders as $TRUMP hits all-time low near $2.75.