Asian stocks and S&P 500 futures saw a surge in value after President Donald Trump announced a three-week target to end the Iran war. The news of an end to the Iran conflict led to a positive environment for risk assets including Bitcoin, Ether, XRP, dogecoin, and BNB all rose. The MSCI Asia Pacific Index surged 4%, its best session since the war began, with nearly 10 stocks rising for every drop. The UAE is reportedly preparing to help reopen the Strait of Hormuz by force, making it the first Gulf state to enter the conflict as a combatant. Other notable catalysts include approval for a bitcoin ETF from Morgan Stanley, which could drive bitcoin higher in Q2.