Gate Research: Hong Kong SFC Approves Crypto ETF Staking; Bitcoin and Ethereum Stage V-Shaped Rebound

Gate Research Daily Report: On April 8, Bitcoin rebounded by 1.93% to $79,947, while Ethereum rose to $1,593. Since Trump took office, over $1.1 trillion in cryptocurrency market cap has evaporated. Stablecoins have been withdrawn from exchanges, with balances reaching a three-month low. Multicoin's assets under management surged by more than 50%, and Mantra has launched a $108 million fund to support RWA and DeFi startups. South Korea's pension system plans to introduce blockchain, and Hong Kong will offer spot ETF staking services to strengthen the compliance development of virtual assets.

• Market Analysis: Bitcoin rose 2.64% to $80,238, and Ethereum edged up 0.11% to $1,593, showing a short-term V-shaped rebound pattern.
• Top Performers: The LSDFi, BTCfi, and Bittensor Ecosystem sectors posted gains of 48.89%, 29.1%, and 16.0%, respectively.
• Data Highlights: Since Trump took office, the total crypto market cap has shrunk by over $1.1 trillion. Meanwhile, top crypto VCs have seen a surge in assets under management, with Multicoin's AUM soaring over 50%.
• Spotlight Analysis: Mantra has launched a $108 million fund to accelerate the development of real-world asset tokenization and DeFi projects.
• Market Opportunities: Hyperlane is building secure communication and data transfer across blockchains, with permissionless deployment support. Its native token, HYPER, is currently undergoing an airdrop campaign.

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