**Institutional momentum in Bitcoin remains robust amid recent volatility:** Citrea (a Founders Fund- and Galaxy Ventures-backed Bitcoin ZK-rollup) just launched its mainnet, enabling BTC-collateralized lending, structured products, and trading with the new Treasury-backed ctUSD stablecoin for on-chain USD settlement; BlackRock filed for its iShares Bitcoin Premium Income ETF, an actively managed covered-call strategy on IBIT to generate yield from option premiums; Nomura's Laser Digital rolled out a tokenized Bitcoin Diversified Yield Fund targeting over **5%** excess returns above BTC performance via arbitrage, lending, and options; a River report shows ~**60%** of the top 25 U.S. banks now offer or plan Bitcoin custody, trading, or related services; and a recent Coinbase institutional survey (Q1 2026) found **71%** view BTC as undervalued between **$85K–$95K**, with **80%** saying they'd hold or buy more on a further **10%** drop—signaling deep conviction in Bitcoin's long-term role despite short-term pressure.#CryptoUpdate $BTC