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Several firms are vying for the approval of their proposed spot Bitcoin BTC/USD exchange-traded funds (ETFs), hoping to capture a significant market share.

What Happened: Switzerlands Pando Asset AG on Wednesday emerged as the 13th contender by submitting a filing to the Securities and Exchange Commission (SEC) for the Pando Asset Spot Bitcoin Trust.

Among the total 13 applications, two major players, Grayscale Bitcoin Trust GBTC and Blackrock Inc. BLK , have revised their filings just to secure a BTC ETF spot.

Analysts predict that the SEC is on the cusp of approving several spot Bitcoin ETFs. The first to cross the finish line could enjoy a significant first-mover advantage, attracting a large base of retail investors.

Since both BlackRock and Grayscale Bitcoin Trust submitted their applications for a spot Bitcoin ETF, their stock prices have experienced an upswing. We compare which of the two stocks has delivered the best returns over the past year.

BlackRocks stock increased from $695.78 to $747.3, marking a 7.4% growth. On the other hand, GBTC saw a 242.74% surge from $9.05 to $31.02. BLK Or GBTC: 1-Year Performance (Image: Benzinga)

If you had invested $1000 in either of the stocks, you would have yielded $1074.04 in BLK and $3427.4 in GBTC. BLK Or GBTC: Which Offers Better Returns? (Image: Benzinga)

See More: Dogecoin HODLERs Are Beating Shiba Inu With 57% Landing In Profits, IntoTheBlock Data Reveals

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A Closer Look at Market Movements

When analyzing their market behavior, the coefficient of determination (R^2) stands at a low 0.023, suggesting a very weak correlation between BLK and GBTCs market movements, as evidenced by a linear regression analysis. Do BLK And GBTC Often Move Together? (Image: Benzinga)

Price Action: At the time of writing, BTC was trading at $37,731, down 1% in the last 24 hours, according to Benzinga Pro. On Wednesday, GBTC finished trading at $31.02, while BLK closed at $747.30.

Illustration by CryptoFX on Shutterstock

Read Next: Heres How Much You Should Invest In Shiba Inu Today For A $1M Payday If SHIB Hits 1 Cent?Loading… Loading… Loading…

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Sports

NHL playoff watch: The Stars’ path to the Central title

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NHL playoff watch: The Stars' path to the Central title

The Stars were the third team to clinch a playoff berth this season, and the most likely outcome for Dallas is earning the No. 2 seed in the Central Division and squaring off with the Colorado Avalanche in the first round.

But the Stars still have a chance to claim the division title — and a first-round matchup with one of the wild-card teams.

Heading into Monday night, the Stars are six points behind the Winnipeg Jets at 106-100, and one point behind in regulation wins (40-39). If Dallas is going to catch Winnipeg, it should definitely win Monday’s game against the Seattle Kraken (10 p.m., ESPN+). The Kraken were eliminated from playoff contention Saturday night.

Looking beyond Monday, the Stars play games against current playoff teams just twice, and one of those is a “four-point game” against the Jets on April 10. For comparison, the Jets face current playoff teams five times in their remaining schedule.

The chances aren’t super high that the Stars get this done; the Stathletes projection model gives the Jets an 82.8% chance of winning the Central title, compared with 17.2% for the Stars. But by winning games that they should win against non-playoff teams — and getting some help from Winnipeg’s opponents — they can definitely pull this off.

There are less than three weeks left until April 17, and we’ll help you track it all with the NHL playoff watch. As we traverse the final stretch, we’ll provide details on all the playoff races, along with the teams jockeying for position in the 2025 NHL draft lottery.

Note: Playoff chances are via Stathletes.

Jump ahead:
Current playoff matchups
Today’s schedule
Yesterday’s scores
Expanded standings
Race for No. 1 pick

Current playoff matchups

Eastern Conference

A1 Toronto Maple Leafs vs. WC1 Ottawa Senators
A2 Tampa Bay Lightning vs. A3 Florida Panthers
M1 Washington Capitals vs. WC2 New York Rangers
M2 Carolina Hurricanes vs. M3 New Jersey Devils

Western Conference

C1 Winnipeg Jets vs. WC2 St. Louis Blues
C2 Dallas Stars vs. C3 Colorado Avalanche
P1 Vegas Golden Knights vs. WC1 Minnesota Wild
P2 Los Angeles Kings vs. P3 Edmonton Oilers


Monday’s games

Note: All times ET. All games not on TNT or NHL Network are available to stream on ESPN+ (local blackout restrictions apply).

Minnesota Wild at New Jersey Devils, 7 p.m. (NHLN)
Nashville Predators at Philadelphia Flyers, 7 p.m.
Calgary Flames at Colorado Avalanche, 8:30 p.m.
Dallas Stars at Seattle Kraken, 10 p.m.


Sunday’s scoreboard

Montreal Canadiens 4, Florida Panthers 2
Buffalo Sabres 8, Washington Capitals 5
Winnipeg Jets 3, Vancouver Canucks 1
Utah Hockey Club 5, Chicago Blackhawks 2
Pittsburgh Penguins 1, Ottawa Senators 0 (OT)
Carolina Hurricanes 6, New York Islanders 4
Toronto Maple Leafs 3, Anaheim Ducks 2
Los Angeles Kings 8, San Jose Sharks 1


Expanded standings

Atlantic Division

Points: 94
Regulation wins: 37
Playoff position: A1
Games left: 8
Points pace: 104.2
Next game: vs. FLA (Wednesday)
Playoff chances: 99.9%
Tragic number: N/A

Points: 91
Regulation wins: 37
Playoff position: A2
Games left: 9
Points pace: 102.2
Next game: @ NYI (Tuesday)
Playoff chances: 99.9%
Tragic number: N/A

Points: 91
Regulation wins: 35
Playoff position: A3
Games left: 9
Points pace: 102.2
Next game: @ MTL (Tuesday)
Playoff chances: 99.9%
Tragic number: N/A

Points: 84
Regulation wins: 30
Playoff position: WC1
Games left: 9
Points pace: 94.4
Next game: vs. BUF (Tuesday)
Playoff chances: 99.9%
Tragic number: N/A

Points: 77
Regulation wins: 25
Playoff position: WC2
Games left: 9
Points pace: 86.5
Next game: vs. FLA (Tuesday)
Playoff chances: 30%
Tragic number: N/A

Points: 74
Regulation wins: 26
Playoff position: N/A
Games left: 9
Points pace: 83.1
Next game: @ STL (Tuesday)
Playoff chances: 3.3%
Tragic number: 16

Points: 69
Regulation wins: 23
Playoff position: N/A
Games left: 8
Points pace: 76.5
Next game: vs. WSH (Tuesday)
Playoff chances: 0.1%
Tragic number: 9

Points: 68
Regulation wins: 25
Playoff position: N/A
Games left: 9
Points pace: 76.4
Next game: @ OTT (Tuesday)
Playoff chances: 0.1%
Tragic number: 10


Metro Division

Points: 103
Regulation wins: 40
Playoff position: M1
Games left: 9
Points pace: 115.7
Next game: @ BOS (Tuesday)
Playoff chances: 100%
Tragic number: N/A

Points: 94
Regulation wins: 40
Playoff position: M2
Games left: 9
Points pace: 105.6
Next game: vs. WSH (Wednesday)
Playoff chances: 99.9%
Tragic number: N/A

Points: 85
Regulation wins: 35
Playoff position: M3
Games left: 7
Points pace: 92.9
Next game: vs. MIN (Monday)
Playoff chances: 99.7%
Tragic number: N/A

Points: 77
Regulation wins: 32
Playoff position: N/A
Games left: 8
Points pace: 85.3
Next game: vs. MIN (Wednesday)
Playoff chances: 33.1%
Tragic number: 17

Points: 75
Regulation wins: 23
Playoff position: N/A
Games left: 10
Points pace: 85.4
Next game: vs. NSH (Tuesday)
Playoff chances: 19.6%
Tragic number: 19

Points: 74
Regulation wins: 25
Playoff position: N/A
Games left: 9
Points pace: 83.1
Next game: vs. TB (Tuesday)
Playoff chances: 14.4%
Tragic number: 16

Points: 71
Regulation wins: 20
Playoff position: N/A
Games left: 7
Points pace: 77.6
Next game: @ STL (Thursday)
Playoff chances: 0.1%
Tragic number: 9

Points: 69
Regulation wins: 19
Playoff position: N/A
Games left: 7
Points pace: 75.4
Next game: vs. NSH (Monday)
Playoff chances: 0.1%
Tragic number: 7


Central Division

Points: 106
Regulation wins: 40
Playoff position: C1
Games left: 8
Points pace: 117.5
Next game: @ LA (Tuesday)
Playoff chances: 100%
Tragic number: N/A

Points: 100
Regulation wins: 39
Playoff position: C2
Games left: 9
Points pace: 112.3
Next game: @ SEA (Monday)
Playoff chances: 100%
Tragic number: N/A

Points: 93
Regulation wins: 38
Playoff position: C3
Games left: 8
Points pace: 103.1
Next game: vs. CGY (Monday)
Playoff chances: 99.9%
Tragic number: N/A

Points: 87
Regulation wins: 33
Playoff position: WC1
Games left: 8
Points pace: 96.4
Next game: @ NJ (Monday)
Playoff chances: 92.3%
Tragic number: N/A

Points: 87
Regulation wins: 30
Playoff position: WC2
Games left: 7
Points pace: 95.1
Next game: vs. DET (Tuesday)
Playoff chances: 94.9%
Tragic number: N/A

Points: 78
Regulation wins: 25
Playoff position: N/A
Games left: 8
Points pace: 86.4
Next game: vs. CGY (Tuesday)
Playoff chances: 0.4%
Tragic number: 8

Points: 62
Regulation wins: 23
Playoff position: N/A
Games left: 9
Points pace: 69.6
Next game: @ PHI (Monday)
Playoff chances: 0%
Tragic number: E

Points: 51
Regulation wins: 18
Playoff position: N/A
Games left: 8
Points pace: 56.5
Next game: vs. COL (Wednesday)
Playoff chances: 0%
Tragic number: E


Pacific Division

Points: 98
Regulation wins: 42
Playoff position: P1
Games left: 9
Points pace: 110.1
Next game: vs. EDM (Tuesday)
Playoff chances: 99.9%
Tragic number: N/A

Points: 91
Regulation wins: 36
Playoff position: P3
Games left: 9
Points pace: 102.2
Next game: vs. WPG (Tuesday)
Playoff chances: 99.8%
Tragic number: N/A

Points: 89
Regulation wins: 30
Playoff position: P2
Games left: 9
Points pace: 100.0
Next game: @ VGK (Tuesday)
Playoff chances: 99.4%
Tragic number: N/A

Points: 81
Regulation wins: 26
Playoff position: N/A
Games left: 8
Points pace: 89.8
Next game: vs. SEA (Wednesday)
Playoff chances: 5.8%
Tragic number: 11

Points: 80
Regulation wins: 26
Playoff position: N/A
Games left: 10
Points pace: 91.1
Next game: @ COL (Monday)
Playoff chances: 7.3%
Tragic number: 14

Points: 72
Regulation wins: 23
Playoff position: N/A
Games left: 9
Points pace: 80.9
Next game: vs. SJ (Tuesday)
Playoff chances: 0.1%
Tragic number: 4

Points: 68
Regulation wins: 25
Playoff position: N/A
Games left: 8
Points pace: 75.4
Next game: vs. DAL (Monday)
Playoff chances: 0%
Tragic number: E

Points: 49
Regulation wins: 14
Playoff position: N/A
Games left: 9
Points pace: 55.0
Next game: @ ANA (Tuesday
Playoff chances: 0%
Tragic number: E

Note: An “x” means that the team has clinched a playoff berth. An “e” means that the team has been eliminated from playoff contention.


Race for the No. 1 pick

The NHL uses a draft lottery to determine the order of the first round, so the team that finishes in last place is not guaranteed the No. 1 selection. As of 2021, a team can move up a maximum of 10 spots if it wins the lottery, so only 11 teams are eligible for the No. 1 pick. Full details on the process are here. Matthew Schaefer, a defenseman for the OHL’s Erie Otters, is No. 1 on the draft board.

Points: 49
Regulation wins: 14

Points: 51
Regulation wins: 18

Points: 62
Regulation wins: 23

Points: 68
Regulation wins: 25

Points: 68
Regulation wins: 25

Points: 69
Regulation wins: 19

Points: 69
Regulation wins: 23

Points: 71
Regulation wins: 20

Points: 72
Regulation wins: 23

Points: 74
Regulation wins: 25

Points: 74
Regulation wins: 26

Points: 75
Regulation wins: 23

Points: 77
Regulation wins: 32

Points: 78
Regulation wins: 25

Points: 80
Regulation wins: 26

Points: 81
Regulation wins: 26

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Politics

Sir Keir Starmer says 24,000 people who have ‘no right to be here’ have been returned under Labour

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Sir Keir Starmer says 24,000 people who have 'no right to be here' have been returned under Labour

Sir Keir Starmer has said 24,000 people who “have no right to be here” have been returned since Labour took power as he opened the government’s border security summit.

The prime minister said it was the “highest return rate for eight years”.

Politics latest: UK has been ‘soft touch on migration’, says Starmer

Since Labour took office last July, 29,884 people have been detected crossing the Channel on 542 small boats.

A total of 6,642 people crossed between 1 January to 30 March this year – a 43% increase on the same time last year, when the Conservatives were in power.

Crossings this year passed 5,000 on 21 March, a record compared with the previous seven years since the first crossings in 2018 – and 24% higher than 2024, and 36% higher than 2023.

Interior ministers and law enforcement from more than 40 countries, including the US, Iraq, Vietnam and France, are at the summit at Lancaster House in central London.

Meta, X and TikTok representatives are also there to discuss how to tackle the online promotion of illegal migration.

Sir Keir told the gathering he was “angry” about the scale of illegal immigration around the world as he said it was a “massive driver of global insecurity”.

“The truth is, we can only smash these gangs once and for all if we work together,” he said.

“Because this evil trade, it exploits the cracks between our institutions. It pits nations against one another. It profits from our inability at the political level to come together.”

He said people smuggling should be treated as a global security threat similar to terrorism.

“None of these strategies, as you know, are a silver bullet. I know that,” he told the summit.

“But each of them is another tool, an arsenal that we’re building up to smash the gangs once and for all.”

Analysis: Stop the boats, stop Reform UK


Photo of Mhari Aurora

Mhari Aurora

Political correspondent

@MhariAurora

In a speech at the organised immigration crime summit, Sir Keir Starmer pointedly told global delegates there is nothing progressive or compassionate about turning a blind eye to people smuggling.

This is as much a direct challenge to other nations as it is to those in his party who may be uncomfortable with talk of cracking down on illegal migration and making it harder to claim asylum in the UK.

In an effort to front up to the problem, the PM and home secretary both outlined the deep complexities involved in stopping the boats; interrupting supply chains, financial sanctions on gangs and blocking social media content advertising routes to the UK.

Labour’s message? Bear with us, this is harder than it looks.

But, with public patience wearing dangerously thin on small boats crossings after endless promises from Labour and the Conservatives, and with record numbers crossing the Channel – a 43% rise on this time last year – the prime minister knows he has very little time to persuade the public he can deliver.

Senior government sources tell me they are far more worried about Reform UK denting their vote share than they are about the Conservatives – and the PM’s message today indicates just that.

In his speech, Sir Keir twice cited what he called the unfairness of illegal migration: driving down working people’s wages, terms and conditions, and putting valuable public services under strain.

This shift in tone, directly juxtaposing working people with migrants, feels like a subtle yet significant tilt to voters who may be tempted by Nigel Farage’s rhetoric on migration.

However, we may begin to see some Labour MPs fidgeting in their seats as it is sure to make some of them a little uncomfortable.

Sir Keir appears to be marching up the hill the Tories died on. So will this all too familiar hike prove fatal, or will he succeed where Rishi Sunak failed?

And if Sir Keir does succeed and manages to make a significant dent in the number of small boat crossings before the next general election, Reform may not prove to be as lethal an opponent as first thought.

UK has been a ‘soft touch on migration’

The prime minister criticised the previous Conservative government for allowing illegal migration to soar, saying: “For too long the UK has been a soft touch on migration.”

He said a lack of co-ordination between the police and intelligence agencies had been an “open invitation” for people smugglers to send migrants to the UK.

Read more:
Government looking at countries to process asylum seekers in
Bosses who fail to check staff immigration status may face jail

Keir Starmer and Yvette Cooper at the Organised Immigration Crime Summit.
Pic: PA
Image:
Sir Keir Starmer and Yvette Cooper at the summit. Pic: PA

Cooper reveals small boats gang tactics

Home Secretary Yvette Cooper also spoke at the event, where she revealed some of the horrifying tactics used by gangs smuggling people over to the UK in small boats.

She said they place women and children in the middle of the flimsy rigid inflatable boats (RIBs), and when they collapse due to overcrowding, they fold in and crush them.

“All of your countries will have different stories of the way in which the gangs are exploiting people into sexual exploitation, into slave labour, into crime, the way in which the gangs are using new technology,” she said.

She said they were not just using phones and social media to organise crossings, but also drones to spot border patrols.

“It is governments and not gangs who should be deciding who enters our country,” she said.

Sir Keir also hosted a roundtable discussion joined by border security and asylum minister Dame Angela Eagle, Border Security Commander Martin Hewitt and Home Office, Border Force and National Crime Agency officials.

Keir Starmer leads a roundtable discussion at the Border Security Summit.
Pic: Reuters
Image:
The PM led a roundtable discussion with UK law enforcement and ministers. Pic: Reuters

Ministers ‘disappointed’ in small boat numbers

Before the summit, Dame Angela told Wilfred Frost on Sky News Breakfast ministers were “disappointed” in the number of small boat crossings in recent months.

She said one reason was more people were being packed into each boat. She also said smuggler gangs have been allowed to grow “very sophisticated” global networks over many years.

Earlier, Ms Cooper announced £30m funding for “high impact operations” by the Border Security Command (BSC) to tackle supply chains, illicit finances and trafficking routes across Europe, the Western Balkans, Asia and Africa.

An additional £3m will be given to the Crown Prosecution Service (CPS) to increase its capacity to prosecute organised international smugglers and to support the BSC to pursue and arrest those responsible for people smuggling operations.

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World

Marine Le Pen barred from running for office after being found guilty in embezzlement case

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Marine Le Pen barred from running for office after being found guilty in embezzlement case

French far-right leader Marine Le Pen has been barred from running for public office for five years – derailing her bid to run in the next presidential election.

The National Rally leader, who left court before the verdict was read out, was found guilty in an embezzlement case.

She was also given a four-year jail sentence, with two years suspended. She is not expected to serve any jail time.

Le Pen, 56, who also received a €100,000 (£83,635) fine, is a three-time presidential contender who had said the next election in 2027 would be her final run for top office.

The ban, which comes into force immediately, ends those hopes unless she successfully appeals before the campaign.

Le Pen and 24 other National Rally officials were accused of diverting more than €3m (£2.51m) of European Parliament funds to pay France-based staff working for her party between 2004 and 2016.

The judge also handed down guilty verdicts to eight other current or former members of Le Pen’s party who, like her, previously served as MEPs in the European Parliament.

Another 12 people who served as parliamentary aides for Le Pen and what is now the National Rally party, formerly the National Front, were also handed guilty verdicts.

The ruling described the embezzlement as “a democratic bypass” that deceived the parliament and voters.

Marine Le Pen latest updates

Marine Le Pen
Image:
Pic: Reuters

Sitting in the front row in the court in Paris, Le Pen showed no immediate reaction as the chief judge read the verdict.

Judge Benedicte de Perthuis ruled: “It was established that all these people were actually working for the party, that their (EU) lawmaker had not given them any tasks.

“The investigations also showed that these were not administrative errors … but embezzlement within the framework of a system put in place to reduce the party’s costs.”

French far-right leader Marine Le Pen, member of parliament from the Rassemblement National (National Rally - RN) party, leaves the courthouse on the day of the verdict of her trial alongside 24 other defendants (party officials and employees, former lawmakers and parliamentary assistants) and the RN party itself, over accusations of misappropriation of European Union funds, in Paris, France, March 31, 2025. REUTERS/Abdul Saboor
Image:
Le Pen leaves the court before being driven away. Pic: Reuters

Le Pen left the court before the completion of the verdict and sentencing and did not address the media outside before being driven away in a car.

She had denied accusations she was at the head of “a system” meant to siphon off EU funds to benefit her party.

Hearings revealed how some EU money was used to pay for Le Pen’s bodyguard – who was once her father’s bodyguard – as well as for her personal assistant.

The defendants denied any wrongdoing and claimed the money was used legitimately.

The nine-week trial took place at the end of last year.

This breaking news story is being updated and more details will be published shortly.

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