ChainThink message, according to CoinDesk, Trump stated that the Iran-related conflict is expected to conclude within two to three weeks, irrespective of a potential agreement with Iran, and announced he will deliver a nationwide address at 9 PM EST on Wednesday. Subsequently, Iranian President Pezeshkian informed the President of the European Council that Tehran possesses the necessary willingness to end the war but demands assurances against future attacks.

Boosted by the above news, Asian equity markets surged significantly, and S&P 500 futures also rose. In contrast, the cryptocurrency market exhibited a more muted response; Bitcoin has remained range-bound between $65,000 and $73,000 throughout the duration of the conflict.

Alex Blume, CEO of Two Prime, noted that three catalysts—the launch of the Morgan Stanley Bitcoin ETF, continuous funding for Bitcoin purchases via STRC preferred shares under Strategy’s umbrella, and a swift de-escalation of the Iran crisis—could propel Bitcoin higher in the second quarter. Notably, the newly approved Morgan Stanley Bitcoin ETF carries a fee of 14 basis points, 11 basis points below the industry average, and will be made available to the firm’s 16,000 financial advisors and their $6.2 trillion in managed assets.