🕵️ Wells Fargo Increases Ethereum ETF Holdings in Q1 2026 13F Filing
A Q1 2026 13F filing submitted by Wells Fargo to the SEC shows that the bank significantly increased its holdings of Ethereum ETFs. Its position in iShares Ethereum Trust (ETHA) rose from approximately 672,600 shares in Q4 2025 to around 1.1 million shares, marking an increase of 63.5%. Additionally, its holdings of Bitwise Ethereum ETF (ETHW) increased by 37% to 257,000 shares. #regulation
A Q1 2026 13F filing submitted by Wells Fargo to the SEC shows that the bank significantly increased its holdings of Ethereum ETFs. Its position in iShares Ethereum Trust (ETHA) rose from approximately 672,600 shares in Q4 2025 to around 1.1 million shares, marking an increase of 63.5%. Additionally, its holdings of Bitwise Ethereum ETF (ETHW) increased by 37% to 257,000 shares. #regulation
📊 According to SoSoValue data, on May 12 (ET), Bitcoin spot ETFs recorded a total net outflow of $233 million, with Fidelity’s FBTC leading outflows at $86.13 million.
Ethereum spot ETFs recorded a total net outflow of $131 million, with BlackRock’s ETHA leading outflows at $102 million.
Ethereum spot ETFs recorded a total net outflow of $131 million, with BlackRock’s ETHA leading outflows at $102 million.
🇰🇷📊 South Korea’s largest crypto exchange, Upbit, will list UP2 with KRW, BTC, and USDT trading pairs. Trading is scheduled to begin at 20:30 local time on May 14. Superform (UP2) is a “user-owned neobank” designed to abstract multi-chain complexity and enable users to manage on-chain assets more easily.
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🇰🇷📊 South Korea’s largest crypto exchange, Upbit, will list UP2 with KRW, BTC, and USDT trading pairs. Trading is scheduled to begin at 20:30 local time on May 14. Superform (UP2) is a “user-owned neobank” designed to abstract multi-chain complexity and enable users to manage on-chain assets more easily.
🇻🇳🤔 Vietnam plans to launch a regulated cryptocurrency market in the third quarter. - Cointelegraph
🇺🇸📊 Charles Schwab is starting to offer spot cryptocurrency trading for retail clients in the United States.
🕵️ On-chain finance app Legend announced its shutdown after two years of operation. The Legend App will remain live for 60 days, officially going offline on July 12. New user registration has been disabled, and existing users are advised to withdraw their funds before the shutdown date. Legend raised $15 million in February 2025, with investors including a16z crypto and Coinbase Ventures.
🇺🇸📝 Macro USA:
- Producer Price Index (PPI; Apr):
- m/m: 1.4% (prior: 0.5%)
- y/y: 6% (prior: 4%)
- Core PPI: 5.2% y/y (prior: 3.8%) #macro
- Producer Price Index (PPI; Apr):
- m/m: 1.4% (prior: 0.5%)
- y/y: 6% (prior: 4%)
- Core PPI: 5.2% y/y (prior: 3.8%) #macro