Morgan Stanley's proposed bitcoin ETF could generate $160 billion in demand with a 2% allocation, according to Strategy CEO Phong Le. The bank's filing for the MSBT ETF includes key service providers like BNY Mellon and Coinbase. Publicly traded Eightco Holdings has increased its investment in OpenAI by $40 million, totalling $90 million. Shareholders are accusing Gemini of misleading investors about its pivot into prediction markets and overstating its claims. The Iran conflict has led traders to decentralized exchanges like Hyperli. The Bank of America has raised the prospect of a Fed rate hike, suggesting that this could change the direction of policy.