April 20th Weekly Market Recap: Goldman Sachs and 21Shares Advance in Crypto ETFs – Coincall

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DeFi Analytics 17th April 2026

The weekly addition of the Crypto DeFi Analytics, covering chain fee generation, Beacon Chain Balance, Uniswap V3 and Liquidations.

Tempo Launches Private Zones

US equities hit fresh record highs, with the S&P 500 up 0.8% and the Nasdaq-100 rising 1.4%, while BTC traded near $75K as oil prices steadied on signs of an extended US-Iran ceasefire. In options, ETH's 7-day skew briefly flipped towards calls before returning to a modest put premium, while BTC positioning remained more cautious.

S&P and Nasdaq Reach New ATHs

A Double-Sided Ceasefire

A Pakistan-brokered US-Iran ceasefire was agreed hours before Trump's Tuesday deadline, conditional on Iran reopening the Strait of Hormuz — WTI crude crashed 19% from ~$117 to ~$95, the largest single-day drop in almost six years. Equity futures surged (S&P +2.6%, Nasdaq +3.4%), gold rose 3.4% to ~$4,843 on dollar weakness, and the 10Y yield fell 7bps to 4.24% as the geopolitical risk premium unwinds.

BTC recovered to ~$71,847 (+4.2%) after Tuesday's $68K dip, ETH +6.7% to $2,258, with $427M in shorts liquidated across crypto; vol smiles erased their bearish tilt at the front end. Morgan Stanley announced the first major bank Bitcoin ETF (0.14% fee, undercutting IBIT), CME will list SUI futures from May 4, and Coinbase Australia secured the first direct AFSL from ASIC for crypto derivatives.

Goldman Sachs and 21Shares Advance in Crypto ETFs

Risk appetite strengthened as hopes for a more permanent end to the 47-day US-Iran war lifted equities, with the S&P 500 up 1.18%, the Nasdaq-100 up 1.81% in its 10th straight gain, and Brent falling to $94/bbl, while BTC held around $74K and ETH stayed above $2.3K.

In digital assets, activity remained strong across both TradFi and crypto-native markets, with Goldman Sachs and 21Shares advancing ETF filings, Strategy posting a $1.1B STRC trading day alongside a 13,927 BTC purchase, Bitmine reporting a $3.82B quarterly loss while holding 4.875M ETH, and the Ethereum Foundation launching a $1M audit subsidy programme.

Bitmine Nears 5% of Total ETH Supply

Risk appetite in both cryptocurrencies and US equities was boosted by signs that the US and Iran are once again making progress on reaching a deal to end the conflict. BTC rose from a session low of $70K yesterday to over $74K, a level it has since held, and its highest since March 17.

Over the past 24 hours it is up 5.4%, while altcoins have fared equally well — ETH and HYPE are both up 8.8% while SOL is up 4.5% over the same period.

Altcoins Analytics 13th April 2026

This week's edition of our Crypto Altcoins Analytics.

"We Will Begin the Process of BLOCKADING the Strait of Hormuz"

US-Iran tensions intensified after weekend talks failed to secure a deal on Tehran's nuclear programme, with Trump announcing a US naval blockade of the Strait of Hormuz, sending Brent above $100/bbl and triggering a broader risk-off move across BTC and US equity futures.

The resulting energy shock is now feeding into US macro data, with March CPI rising 0.9% m/m on a record gasoline surge and April consumer sentiment falling to an all-time low. In crypto, Bitwise moved closer to launching a US spot Hyperliquid ETF, the ECB backed centralised EU oversight of major crypto firms under ESMA, and Securitize expanded its tokenised RWA strategy through a new TRON integration.