Harvard Management Company reported in a Q1 2026 SEC filing that it sold its entire Ether-related position after holding it for one quarter. The endowment no longer lists the $87 million stake in BlackRock’s iShares Ethereum Trust ETF shares that appeared in its Q4 2025 holdings. It also trimmed Bitcoin exposure in Q1 2026, selling about 2.3 million Bitcoin ETF shares while keeping more than 3 million shares of BlackRock’s iShares Bitcoin Trust ETF valued at nearly $117 million.

XRP has remained below $1.40, with price action stuck in a tight band that has frustrated bulls for weeks. A CryptoQuant review of exchange outflows shows whale-sized Binance withdrawals (over 1 million XRP) rising to 57.6%, while Coinbase’s same bucket fell to 14.8% and mid-sized outflows climbed from 19% to 36% between April 11 and May 19.

Wells Fargo increased its spot Ethereum ETF exposure in Q1 2026, lifting iShares Ethereum Trust holdings from about 672,600 shares in Q4 2025 to nearly 1.1 million, while also growing its Bitwise Ethereum ETF position to around 257,000 shares. Separately, JPMorgan Chase filed to launch a tokenized money market fund on Ethereum under the ticker JLTXX, designed to hold U.S. Treasurys and overnight repo backed by Treasurys and cash.

Reps. Nick Begich and Jared Golden introduced the American Reserve Modernization Act of 2026 (ARMA), which would create a U.S. Strategic Bitcoin Reserve and require it to be maintained for at least 20 years. The bill would authorize the Treasury to acquire up to 200,000 BTC per year for five years—targeting 1 million BTC—using a budget-neutral approach tied to gold revaluation and stricter custody standards.

President Donald Trump said on May 18, 2026, that he is angry the federal government must return $149 billion in tariff proceeds after a Supreme Court decision narrowed his IEEPA-based tariffs. The Court ruled 6-3 in February 2026 that the 2025 “reciprocal” tariffs exceeded executive authority, triggering refunds through CBP’s CAPE portal and ongoing interest estimated at $650 million per month.

Binance saw a net USDT outflow of $46.15 million over the past hour, a measure that compares withdrawals against deposits for the same period. The one-hour snapshot has drawn attention from traders watching near-term exchange liquidity and positioning, though a single data point does not confirm a broader trend.

On May 21, 2026, Moonpay introduced Moonpay Trade, a cross-chain execution product designed to let institutions and enterprises connect to 200+ blockchains and protocols through a single API. The company says the Decent.xyz acquisition supplies routing and bridge infrastructure, while DFlow—reported to have processed over $12 billion in Q1 2026—extends coverage across Solana and EVM markets.

Solana (SOL) climbed to $98.41 last week but failed to break the $100 psychological barrier, keeping the broader bearish structure intact. A defined range from $76.7 to $97.6 places focus on the $87.2 mid-level, which was recently broken and then retested as resistance. On lower timeframes, the $88–$89 area stands out as a key volume cluster, with a move beyond $89 potentially shifting the short-term bias bullish.