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Ethereum ETFs have traded about $852 million in value today thus far.
Bitcoin ETFs have traded about $1.1 billion.
Surprised that ETH ETFs are trading about 75% of the notional value of BTC ETFs today - higher than I expected.
The Biden-Harris Administration didn't ignore crypto.
They didn't laugh at crypto.
They tried to fight and kill crypto.
If you operate in bad faith and want to extend a sincere olive branch, you first need to demonstrate good faith:
Fire @GaryGensler
End Operation Chokepoint
Thanks to this, the final net flows for the ETH ETFs on day 1 is now positive at +$106.6 million
TradFi loves ETH
I gotta be honest, feels like Kamala should commute Ross Ulbricht’s sentence before addressing the Bitcoin community. That’s the tables stakes.
Both Trump and RFK have promised to do that day 1.
Am I wrong?
I was curious how the Eth ETFs would rank in Day One volume vs all 600 or so new launches in the past 12mo but *excluding* the btc ETFs and $ETHA would be #1 (by a lot), $FETH #2, $ETHW #5 and $ETH 7th, and $ETHV in 13th spot. And $CETH, which was lowest among group, would still
Talk is cheap. She would need to start by immediately firing @GaryGensler, withdrawing all @SECGov enforcement actions against good actors, and ending Operation Chokepoint 2.0. She won't do this so she won't stand a chance in winning back the crypto voting block. Time for
We just hit $1 billion in trading volume for ETH ETFs today.
JUST IN: 🇺🇸 Kamala Harris’ staff have reached out to Mark Cuban with questions about ‘crypto’
“The feedback I’m getting… is that she will be far more open to business,” says Cuban
HALFTIME: Nearly $600m so far, putting them on pace to hit $1b and change by EOD which would be about exactly 20% of the $4.6b that bitcoin ETFs did on Day One, which would nail our prediction. Re flows: that data comes tonight and tmrw night, but if we assume $ETHE volume is