Morning Minute: NFTs Storm Back, Led by Bored Apes

Bitcoin remained the market focus, logging its highest weekly close since January near $78.5k before a modest overnight pullback; spot BTC sits around $77.8k. Institutional activity is strong: Bitcoin ETFs recorded roughly $813M of net inflows over the past week (about $14M on Friday), a key driver of recent price strength. The newsletter also highlights broader market tails — a major NFT rebound led by Bored Apes and Punks, a successful DeFi United fundraising effort to cover Aave’s rsETH exposure, and Western Union’s plan to launch a Solana-based USD-backed stablecoin (USDPT) in May — all signaling renewed capital and corporate engagement with crypto markets. Overall market tone is constructive for risk assets.