1. Japanese and South Korean stock markets saw significant surges, with the Nikkei rising up to 4% and the KOSPI jumping 8%, triggering a circuit breaker.
2. The U.S. and Iran reportedly reached an initial agreement to reopen the Strait of Hormuz, ease sanctions, and begin nuclear negotiations, potentially stabilizing energy markets.
3. US spot Bitcoin ETFs recorded total net outflows of $22.5 million yesterday, despite IBIT seeing net inflows.
Asia Markets Surge, US-Iran Deal Hopes, & Bitcoin ETF Outflows