The FOUR BIGGEST DEVELOPMENTS in Bitcoin right now!
Published April 8, 2026
by Joel Bomgar
YouTube Video Transcript
The four biggest developments in Bitcoin
are happening right now. The first is
the Morgan Stanley Bitcoin Exchange
Traded Fund ETF launches today. That is
right now. Uh it launched this morning.
It has the lowest expense ratio of any
of the Bitcoin ETFs. So the others are
about 0.25% about one quarter of 1%.
Morgan Stanley came in and radically
undercut all of those other Bitcoin ETFs
with an expense ratio of 0.14%.
That is
14 hundredths of 1% just above onetenth
of 1%. I guess one one and a quarter or
one and point4 whatever tenth of 1%. A
tiny tiny tiny expense fee. Uh so that's
a huge deal that will probably result in
prices coming down for the other Bitcoin
ETFs. But the much bigger reason is
because Morgan Stanley is the first bank
that has launched its own Bitcoin ETF.
Uh the others are all run by big
brokerage houses uh and wealth managers
like Black Rockck and Fidelity. Morgan
Stanley is actually a bank. So their
demand from their high net worth
customers is so high they're launching
their own Bitcoin ETFs so that they
don't have to steer people to Black
Rockck or Fidelity or any of the other
Bitcoin ETFs. They will have their own
Bitcoin ETFs. So that is a huge deal. So
that is number one huge deal launches
this morning. Second huge deal, Blocks
Square, the Square payment terminals,
which are run by a company called Block,
which was founded by Jack Dorsey and run
by Jack Dorsey, the founder of Twitter.
He sold uh Twitter to Elon Musk, and he
kept his payments company, which is
called Block, although their payment
terminals are called Square. They also
make the Cash App uh mobile app, and
they also make Bit Key, my favorite way
to keep Bitcoin for the long term. All
of that is one company. This month, the
month of April, Block is flipping on
Bitcoin payments for all 4 million of
the payment terminals that run the
Square payment terminals in the United
States. So throughout this month in
waves, they are turning on the ability
to pay with Bitcoin in 4 million payment
terminals. That means 4 million
companies that previously did not accept
Bitcoin as a point of sale ability to
pay are going to accept it
automatically. They don't actually have
to do anything. automatically their
payment terminal is enabled uh unless
they voluntarily opt out which means the
you know 99.9% of them are all going to
just automatically switch on in waves
throughout this month. So within the
next month or so you will be able to buy
with Bitcoin anywhere that has a Square
payment terminal which is 4 million
businesses in the United States. That is
number two. Number one Morgan Stanley
ETF launches today. Number two, the uh
Bitcoin exchange traded fund rolls out.
Sorry, uh the Square payment terminal,
Bitcoin ability to accept payment rolls
out over the course of this month. Uh
number three, later this month or next
month, the Clarity Act will hopefully
pass in Congress. It's getting very,
very close. The Clarity Act will provide
regulatory clarity around all
cryptocurrency and digital assets. Now,
Bitcoin itself has a lot of clarity
already, so it doesn't really need the
Clarity Act. But most people on Wall
Street and in Washington don't know
that. Most large companies are like,
"Bitcoin's still scary. It's not
regulated." Technically, that's not
true. A bunch of different regulatory
agencies have all issued guidance on
Bitcoin. So, in total, there is
regulatory clarity, but there's not
regulatory clarity under a single law in
Congress. That will change later this
month or next month with the Clarity Act
which is working businesses and a lot of
uh Wall Street from adopting Bitcoin. Uh
third uh fourth. So that's number three.
Number four, STRC called Stretch uh
which is a preferred dividend paying
stock from Micro Strategy now called
Strategy that is launching or it's not
launching it has been launched for
months now but it is live and actively
buying Bitcoin. So, typically after the
15th of each month and uh you know
there's a there's a time lag between
then and when it starts uh stockpiling a
bunch of Bitcoin because of the way when
the timing of dividend payouts and all
that that is live. So, if you're curious
um I think it's strc.live
I think is the website. Anyway, strc I
think it's strc.live. Anyway, you can
watch it actively accumulating Bitcoin.
But anyway, that is live and actively
accumulating Bitcoin this morning. Uh,
as of this morning, it just today it had
bought like 700 Bitcoin or something
like that, which is, you know,
substantial amounts of money. Um,
anyway, so all of those things are live.
All of those things are going. There are
numerous positive uh news headlines
related to Bitcoin all over the place.
Uh, the price is still as of now 70,000
or so, 71,000, 70,000. Um, we are still
in a Bitcoin bare market. The nature of
a Bitcoin bare market is oftentimes
positive news does not move the price.
So in a in a bull market where the price
is going up, negative news does not seem
to affect the price. It just keeps going
up regardless. Well, in a bare market
where the price is grinding sideways,
oftentimes positive news does not affect
the price, but it builds up, right? It's
like a coiled spring. So as as positive
news accumulates, at some point the
energy is unleashed as that market
demand forces the price higher. So, all
of these positive news uh elements,
regardless of whether they have a
near-term positive price, will have a
very significant long-term impact on the
Disclaimer:
The content provided in this post is for educational purposes only. It should not be considered financial, investment, or trading advice. I am not a licensed financial advisor, and all opinions expressed are my own. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Investing in Bitcoin or any other assets carries risk, and you should never invest more than you can afford to lose.
Subscribe to Joel's Friday Roundup ✉️
Stay current with the latest bitcoin insights with the Friday Roundup newsletter — Joel's latest posts from the week, wrapped up in a single email for easy viewing.
NOTHING for sale. No SPAM ever. Unsubscribe anytime.