CryptoWax Update 2026-04-18 09:04 UTC https://t.co/FEIJk7DiBE • 🏛️ Policy: @SECgov issues formal interpretation on how federal securities laws apply to crypto assets and coordination with @CFTC, aiming to draw clearer lines for token classifications and market oversight. Industry watches for rule text and timelines. 🧭 • 📈 Market structure: @MorganStanley launches spot BTC ETF (MSBT) on 2026-04-09 with a 0.14% fee, undercutting peers. Early trading showed steady inflows and >1.6M shares exchanged on day one, signaling deepening Wall Street demand for regulated BTC exposure. 💰 • 🇧🇹 Sovereign moves: Bhutan transferred 250 BTC (~$18M) to a new address, per @ArkhamIntel, extending 2026 outflows to ~$233.75M and leaving tracked holdings near 3,774 BTC. Motive unclear; @TheBlock__ reports Druk continues to manage mining/treasury.

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