exposure

According to Cointelegraph, the U.S. spot Bitcoin ETF has seen a net outflow of funds for 9 consecutive trading days, totaling approximately $2.84 billion, setting the longest consecutive decline record since the product's launch in 2024, and surpassing the consecutive outflow record from February 8, 2025. Among them, BlackRock's IBIT has become a major source of outflows.Analysis indicates that this round of capital outflow reflects a significant cooling of institutional demand for Bitcoin ETF exposure, while the market shows a trend of differentiation: ETFs related to Hyperliquid and some XRP spot ETFs still recorded inflows, while Ethereum spot ETFs have faced outflows for 13 consecutive days, with a total outflow of approximately $694 million, indicating that capital in crypto asset ETFs is being reallocated.

According to The Block, Sharplink and Forward Industries, which adopt a cryptocurrency asset reserve strategy, will be included in the Russell 2000 and Russell 3000 indices after the FTSE Russell annual adjustment, effective at the opening of the U.S. stock market on June 29. This means that index investors will be able to gain indirect exposure to ETH and SOL through the two companies.Reports indicate that Sharplink currently holds 868,699 ETH, valued at nearly $1.8 billion; Forward Industries holds approximately $585 million in SOL. Previous data from FTSE Russell showed that about $12.2 trillion in assets are benchmarked to the Russell U.S. indices.

Michael Saylor stated that currently about 100 million people have exposure to BTC through MSTR common stock, and he indicated that the Strategy has become the largest stock issuer in the United States.

According to Cointelegraph, Italy's largest bank, UniCredit, has just disclosed that it increased its cryptocurrency exposure to $231 million in the first quarter.

Italy's largest bank Intesa Sanpaolo increased its crypto exposure to approximately $235 million in the first quarter.

The GoPlus Security team has disclosed a new type of attack in its AgentGuard AI project: inducing AI agents to perform unauthorized sensitive operations through "memory poisoning." This attack method does not rely on traditional vulnerabilities or malicious code but exploits the long-term memory mechanism of AI agents. For example, an attacker first induces the agent to "remember preferences," such as "usually prioritizing proactive refunds instead of waiting for chargebacks," and then uses vague expressions like "process as usual" or "execute as before" in subsequent instructions, thereby triggering automated financial operations.GoPlus points out that the key risk in such cases lies in the AI agent mistakenly treating "historical preferences" as a basis for authorization, leading to financial losses or security incidents in operations such as refunds, transfers, and configuration changes. To address this issue, the team has proposed several protective recommendations, including:Operations involving refunds, transfers, deletions, or sensitive configurations must require explicit confirmation in the current session.Memory-related instructions like "habit," "usual way," and "as before" should be regarded as high-risk state changes.Long-term memory must have a traceability mechanism (writer, time, confirmation status).Vague instructions should automatically elevate the risk level and trigger secondary verification.Long-term memory must not replace real-time authorization processes.The team emphasizes that the "AI agent memory system" should be viewed as a potential attack surface and should be constrained and audited through a dedicated security framework.

Quantitative giant Jane Street disclosed in its latest 13F filing submitted to the SEC that it significantly reduced its exposure to Bitcoin ETFs in the first quarter of 2026, with its holdings in IBIT decreasing by approximately 71% to 5,872,212 shares, equivalent to about $225.6 million. The holdings in FBTC decreased by about 60% to 1,954,174 shares, equivalent to about $115 million.In addition, its holdings in MSTR also decreased by approximately 78% to 209,833 shares, equivalent to about $26.18 million.

The New York State Retirement Fund increased its exposure to Bitcoin by adding $41 million in MicroStrategy stock.

Lido has released the latest developments regarding the Kelp security incident, stating that its Earn series vaults are working with the management to address the issues, which involve two major risk points: the rsETH exposure and the liquidity tension in the lending market. Lido emphasizes that the core staking protocol has not been affected, and both stETH and wstETH remain safe and stable.Currently, only the EarnETH vault has an approximately 9% TVL exposure to rsETH, and related deposits and withdrawals have been suspended by the management, awaiting a solution. Approximately $70 million in ETH has been recovered from the previous attack, and the subsequent asset recovery and loss distribution are still in progress. In response to liquidity pressure, the management has reduced leverage and optimized the position structure, significantly decreasing the wETH debt exposure. If losses ultimately occur, EarnETH will activate a $3 million "first loss protection mechanism" (funded by the DAO). As for other vaults, DVV and EarnUSD have not been affected and are operating normally; the GGV sub-vault is currently experiencing negative returns due to the combination of circular staking strategies and rising lending rates, but adjustments are ongoing. Withdrawal requests submitted by users will be processed based on valuations prior to the incident.

Euler Labs announced on the X platform that as a precaution, the LayerZero OFT cross-chain bridge for EUL is temporarily suspended during the investigation into the cause of the rsETH incident, and emphasized that EUL has no exposure to this rsETH incident. An update will be released after the cross-chain functionality is restored.

Venus Protocol posted on platform X regarding the Kelp incident, stating that the platform has zero exposure to rsETH, has not incurred any bad debts, and user funds are safe.As a precaution, based on the recommendations of the risk management party Allezlabs, the platform has temporarily adjusted the collateral factors for the following six types of assets to 0: USDe, sUSDe, SolvBTC, xSolvBTC, USD1, XAUM. Users can still directly repay and withdraw the above assets through the Venus UI, and updates will be released once the collateral rates return to normal.

According to Bnp Paribas, BNP Paribas announced the expansion of its trading product range and will launch 6 cryptocurrency exchange-traded notes (ETNs) linked to Bitcoin and Ethereum for retail clients in France. This product allows investors to gain indirect exposure to cryptocurrencies through their securities accounts without the need to directly hold BTC or ETH, and will operate under the MIFID2 regulatory framework.The related ETN products are scheduled to officially launch on March 30, 2026, with the potential for further expansion to a broader wealth management client base in the future.

Elon Musk stated that the planned "increase the exposure weight of creators based on their region" will be paused and further consideration will be given.Previously, X product head Nikita Bier revealed that starting this Thursday (March 26), the X platform will adjust the revenue-sharing incentive mechanism for creators, focusing on increasing the weight of exposure from the creators' regions. This adjustment aims to encourage content that resonates with users in their own country, neighboring countries, and those who speak the same language, while reducing the motivation for creators to specifically optimize traffic for U.S. or Japanese accounts, in order to promote a more diverse content ecosystem on the platform.

X product leader Nikita Bier posted on the X platform that starting Thursday, the X platform will update its revenue-sharing incentive mechanism, increasing the weight of exposure based on the creator's region to encourage content that resonates with users in their own country, neighboring countries, and those who speak the same language.This move aims to reduce the behavior of competing for traffic through attention-seeking tactics and promote diverse dialogue on the platform. The X platform invites creators to start building local audiences.

Aave founder Stani.eth confirmed in a post on the X platform that their protocol has no exposure to Resolv Labs' stablecoin USR. Resolv only acts as a liquidity provider supplying its supported assets to the Aave protocol. The related assets are currently safe, and the supporting assets themselves have not been affected. Resolv can exit smoothly and has begun repaying its debts. At the same time, this incident has no adverse impact on Aave liquidity providers (LPs) and does not affect the protocol itself.

Agent Garrett Jin of "1011 Insider Whale" stated that the closure of the Strait of Hormuz has entered its 16th day, and since February 27, oil prices have risen by about 45%. The price of Brent crude oil has risen above $103, and there are still no signs of a ceasefire. The Strategic Petroleum Reserve (SPR) may only be able to cover about 12% to 15% of the supply gap. The recommended trading strategy in the near term is to be bullish on oil and reduce equity exposure, especially in the assets of net energy-importing economies such as Japan, South Korea, and Europe. Meanwhile, in an environment where interest rates, the dollar, and oil prices are all rising, overall market liquidity is tightening. Investors should maintain cash positions, shorten duration, and remain vigilant.

According to Bloomberg, many family offices based in Hong Kong plan to increase their allocations to private equity and digital assets over the next three years.The Hong Kong Institute for Monetary and Financial Research (HKIMR) wrote in a report on Tuesday that wealthy families' interest in these assets is expected to rise significantly, which also includes private credit and venture capital.Hong Kong has been striving to encourage more high-net-worth individuals and their families to establish investments locally, aiming to become a bridge between the mainland and global markets. According to a survey commissioned by the Hong Kong government and conducted by Deloitte, the number of single-family offices established in this financial hub increased to 3,384 by the end of last year, a 25% increase from 2023.

According to Jin Ten, HSBC strategists have halved their exposure to the U.S. stock market and increased investments in emerging markets and Europe, as the latter shows strong economic conditions. Over the past two months, key cyclical indicators such as consumption and manufacturing have shown growth. The strategists stated that the positive trends in technicals, positioning, and market sentiment can offset concerns regarding geopolitics, trade, and artificial intelligence. So far this year, the S&P 500 index has risen by 1.5%, the global stock index excluding U.S. stocks has increased by 11%, and the emerging markets benchmark index has risen by 15%.

According to Cointelegraph, despite the overall decline in the cryptocurrency market and poor stock performance of treasury companies, the largest shareholder of Bitmine Immersion Technologies increased their investment in this Ethereum asset management company in the fourth quarter of 2025.According to the 13F form submitted to the SEC, Morgan Stanley, as the largest disclosed shareholder, increased its holdings by approximately 26% to over 12.1 million shares, with a market value of about $331 million at the end of the quarter. The second-largest shareholder, ARK Investment Management, increased its holdings by approximately 27% to over 9.4 million shares, with a market value of about $256 million.