Fidelity Flags Digital Asset Recovery, Kalshi Lands Block

Rendy Andriyanto
Rendy Andriyanto
Gotrade Team
Reviewed by Gotrade Internal Analyst
Fidelity Flags Digital Asset Recovery, Kalshi Lands Block

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Gotrade News - Institutional crypto flow signals strengthened at the start of this week. US equity investors are watching the read-through to crypto-correlated stocks.

According to PYMNTS on Monday (28/04), a new Fidelity report flagged the market is still in repair but structural conditions are evolving. US crypto adoption rose from 7% to 12% between February and March.

--- - Fidelity report logged about US$1.3 billion of Bitcoin ETF inflows in March. - Kalshi facilitated its first institutional block trade with Jump Trading and Greenlight Commodities. - The flow is a signal for crypto-adjacent US equities such as COIN, MSTR, and IBIT. ---

Bitcoin fell 9% in March and is down more than 20% year-to-date. The late-2025 record above US$120,000 corrected into the low-US$80,000 range by November.

About one-third of Bitcoin market value was wiped out per the November read. ETF flows since then point to steady institutional appetite.

Fidelity wrote that these signals point to a market still in repair. Structural conditions may be evolving in ways not yet reflected in price.

Network activity on Ethereum and Solana shows sustained protocol utility. The indicator diverges positively from short-term price action.

According to PYMNTS on Monday (28/04), Kalshi executed its first institutional block trade on 27 April 2026. Counterparties include a Houston-based environmental hedge fund, Jump Trading, and Greenlight Commodities.

Greenlight director John Conlon said prediction markets are evolving into a serious component of modern market structure. Kalshi VP Max Crowley called the trade a step forward for institutional functionality.

Kalshi posted US$51 billion of volumes last year and is projected near US$240 billion this year. Wall Street expects prediction market volume to reach US$1 trillion by 2030.

Compound annual growth is projected at roughly 80% through 2030. The number signals deepening institutional liquidity in a new asset class.

For Indonesian investors, the flow signal is more actionable in crypto-adjacent US equities. We view COIN, MSTR, IBIT, and FBTC as accessible proxies on Gotrade.

Gotrade does not offer direct crypto trading. Access to crypto-adjacent US stocks and ETFs is available in the Gotrade app with real-time pricing.

Disclaimer

Gotrade is the trading name of Gotrade Securities Inc., which is registered with and supervised by the Labuan Financial Services Authority (LFSA). This content is for educational purposes only and does not constitute financial advice. Always do your own research (DYOR) before investing.


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