if you've played around w eth nfts in the past
make sure to check your eligibility to claim a free nft from mintchain
https://www.mintchain.io/claim
make sure to check your eligibility to claim a free nft from mintchain
https://www.mintchain.io/claim
Mint
Mint Blockchain
Mint is the L2 blockchain for NFT Industry.
Forwarded from Wu Blockchain News
QCP analysis: The initial reaction to the 'fake approval' was muted with BTC being unable to trade out of the resistance area. We take this as a warning sign that an approval is mostly priced in and there may not be a huge rally post the approval. We see support at 40 - 42k, and resistance around 48.5k. — link
Forwarded from Watcher Guru
Zealy for Milkway Zone (aka the Jito of Celestia)
make sure to do some quests on it as well to qualify for the #airdrop
https://zealy.io/c/milkywayzone/invite/LLMyUlUWq05yrxyx3ULG1
make sure to do some quests on it as well to qualify for the #airdrop
https://zealy.io/c/milkywayzone/invite/LLMyUlUWq05yrxyx3ULG1
zealy.io
Zealy - Join the movement
A simple, fun & creative way to join trendy communities, make an impact and earn rewards.
🔥1
the top collection of Aptos is still reachable, so grabbing one first
i expect a slow upward appreciation in fp, while choosing to disregard short term fluctuations in real value
as with most top collections of ecos, i hope that there will some form of value accrual towards it from ecosystem projects
i had spare liq in Aptos as well, so just decided to park it in the cutest monkey on the floor
i expect a slow upward appreciation in fp, while choosing to disregard short term fluctuations in real value
as with most top collections of ecos, i hope that there will some form of value accrual towards it from ecosystem projects
i had spare liq in Aptos as well, so just decided to park it in the cutest monkey on the floor
👍2
regarding inflows post btc etf approval, it's honestly hard to speculate imo, but i think here's what we can generally expect from historical/current examples
Rotation out from:
1) CME futures
2) gbtc, bito, purpose
Into:
1) brand name / trust (reputation)
2) low expense etfs
looking at Gold ETFs and broad ETFs in general,
1) 11,000 etfs out there with only 739 ETFs with more than 2bn AUM. And these large funds capture 82% of total AUM
2) US gold ETFs , only 4 etfs with more than 2bn AUM , and 3 ETFs capture over 75% of the total AUM - SPDR (& micro etf) + iShares
3) Gold ETFs to gold mcap ratio is around 1.6%. S&P500 etfs to S&P500 mcap ratio is around 3.3%. For BTC , we are at 4%+ so perhaps gbtc could be overvalued.
4) Blackrock Insti AUM is around 5trillion+. If we follow the 1% allocation meme, that means 50bn to be allocated over the next 3-5 years pacing. Of course , bull market fomo and credit expansion will accelerate the flows. But on average, definitely looking 10-15bn per year inflow.
The rest will come from rotations amongst the ETFs themselves vs other tradfi crypto exposure (eg. CME, MSTR, Miners, etc.)
if Blackrock pulls in 2-3bn inflows in the first few days, the other asset managers will definitely be very dry. Pareto's principle applies here.
the biggest question is after the lined up capital inflow that everyone is excited about, when where and how is the next new inflow coming in?
if immediate (unlikely), then pump w no brakes
if there is a delay, then a pull back is imminent (delayed 'sell the news')
h/t @gongjiawei
Rotation out from:
1) CME futures
2) gbtc, bito, purpose
Into:
1) brand name / trust (reputation)
2) low expense etfs
looking at Gold ETFs and broad ETFs in general,
1) 11,000 etfs out there with only 739 ETFs with more than 2bn AUM. And these large funds capture 82% of total AUM
2) US gold ETFs , only 4 etfs with more than 2bn AUM , and 3 ETFs capture over 75% of the total AUM - SPDR (& micro etf) + iShares
3) Gold ETFs to gold mcap ratio is around 1.6%. S&P500 etfs to S&P500 mcap ratio is around 3.3%. For BTC , we are at 4%+ so perhaps gbtc could be overvalued.
4) Blackrock Insti AUM is around 5trillion+. If we follow the 1% allocation meme, that means 50bn to be allocated over the next 3-5 years pacing. Of course , bull market fomo and credit expansion will accelerate the flows. But on average, definitely looking 10-15bn per year inflow.
The rest will come from rotations amongst the ETFs themselves vs other tradfi crypto exposure (eg. CME, MSTR, Miners, etc.)
if Blackrock pulls in 2-3bn inflows in the first few days, the other asset managers will definitely be very dry. Pareto's principle applies here.
the biggest question is after the lined up capital inflow that everyone is excited about, when where and how is the next new inflow coming in?
if immediate (unlikely), then pump w no brakes
if there is a delay, then a pull back is imminent (delayed 'sell the news')
h/t @gongjiawei