Wednesday links: the trust infrastructure

MarketsThe S&P 500 fell 4.98% in March 2026. (on.spdji.com)How major asset classes performed in March 2026. (capitalspectator.com)StrategyWhat happens when you make it dramatically easier to invest. (awealthofcommonsense.com)We are risking the trust in capital markets. (tonyisola.com)CryptoCoinShares ($CSHR) is now public, via a SPAC. (theblock.co)Strategy's ($MSTR) Bitcoin stash is trading below its average cost. (ft.com)Private assetsCliffwater is defending itself and private credit. (wsj.com)How T Rowe Price ($TROW) is building up its alternatives business. (riabiz.com)Why good governance matters for private assets. (rpc.cfainstitute.org)Fund managementWhy Vanguard investors have cleaned up. (morningstar.com)The state of the 2026 ETF market. (etf.com)Another example of why low fees matter. (morningstar.com)IPOsSpaceX has confidentially filed for an IPO. (wsj.com)OpenAI is pushing hard for an IPO. (om.co)TechnologyRising DRAM prices are going to make your gadgets more expensive. (the