#WisdomTree

[nocknocknock]

Revising the Operations of WisdomTree Bitcoin ETF

WisdomTree, following in the footsteps of BlackRock, has proposed a revision to the share redemption process of its Bitcoin ETF. This new in-kind redemption mechanism allows for the direct exchange of ETF shares for Bitcoin, bypassing the traditional cash settlement process. The proposed model may potentially reduce market pressure during significant transactions and reflects a growing trend toward more efficient asset management in the cryptocurrency sector.

Overview of the New Redemption Model

Historically, all spot Bitcoin ETFs in the United States have relied on in-cash transactions. Under the current system, when investors liquidate their positions, the ETF sells Bitcoin in the open market and distributes the proceeds in dollars. This approach can exert downward pressure on Bitcoin prices during large-scale sell-offs. By contrast, the in-kind redemption model enables investors to directly receive Bitcoin, potentially mitigating such market impacts.

Key Aspects of the WisdomTree Proposal

Submission of the proposal to the US SEC to modify the share redemption process of its Bitcoin ETF.  

Introduction of an in-kind redemption mechanism allowing for direct receipt of Bitcoin instead of cash.  

Alignment with one of the crucial requirements for the approval of spot Bitcoin ETFs in early 2024—namely, the establishment of efficient creation and redemption models.  

Similar proposals have previously been made by BlackRock, indicating a broader industry shift toward alternative redemption structures.

Advantages of In-Kind Redemption

Reduces downward pressure on Bitcoin prices by minimizing the need to execute large-scale market sales.  

Enhances operational efficiency through direct transfer of cryptocurrency assets.  

Improves the liquidity and stability of the ETF by adopting a more resilient redemption structure.  

Analytical Perspective on Market Impact

The proposed changes to the Bitcoin ETF redemption process may set new industry standards for managing digital assets. By shifting to an in-kind model, the initiative addresses key concerns related to volatility and liquidity, offering a more stable approach to asset management. This evolution in ETF structure aligns with current market trends, where innovative management techniques are instrumental in balancing both traditional financial instruments and emerging cryptocurrency products. The adaptation to such a model underscores the industry’s commitment to creating a transparent and resilient framework for digital asset management, likely attracting attention from major financial institutions and market participants.

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[36crypto]

WisdomTree Withdraws Ethereum Trust Application Amid Shifts in ETF Landscape

An advanced asset management firm, WisdomTree, has now formally pulled out its request to file an Ethereum Trust utilizing the identifier from the U. S. Securities and Exchange Commission (SEC). The first filing was an attempt to list Ethereum (ETH) exchange-traded fund (ETF) shares through the Chicago Board Options Exchange’s BZX Exchange on May 27, 2021. However, after over three years, the…

[cryptosnewss]

WisdomTree Launches Prime App in New York: A Game-Changer for Crypto Investors

WisdomTree, a pioneer in spot Bitcoin exchange-traded funds (ETFs) in the United States, has unveiled its latest venture: the expansion of its cutting-edge WisdomTree Prime app to the bustling streets of New York. This expansion comes hot on the heels of WisdomTree’s recent milestone achievement of securing a coveted New York State Department of Financial Services (DFS) charter. This charter…

[kriptokritik]

Bitcoin ETF'leri, Kripto Pazarını Yeniden Şekillendiriyor

Son dönemlerde finans dünyasının gözdesi haline gelen Bitcoin ETF'leri, kripto para piyasalarında yeni bir yükseliş dalgası başlattı. Yatırımcıların merakla takip ettiği bu finansal araçlar, Bitcoin'in değerini ve kripto para piyasasının genel görünümünü olumlu yönde etkilemeye devam ediyor. Bitcoin borsa yatırım fonları (ETF'ler), yatırımcılara Bitcoin'e doğrudan maruz kalmadan, geleneksel borsa mekanizmaları aracılığıyla yatırım yapma imkanı sunuyor. Bu yenilikçi finansal ürünler, Bitcoin'in daha geniş yatırımcı kitleleri tarafından kabul görmesini sağlayarak, kripto para birimlerine olan güveni artırıyor. ETF'lerin popülaritesinin artmasıyla birlikte, Bitcoin'in fiyatında gözle görülür bir artış yaşandı. Analistler, bu eğilimin, kripto para birimlerinin ana akım finansal sistemlerle daha entegre hale gelmesiyle birlikte sürmesini bekliyor. Bitcoin ETF'leri, hem bireysel hem de kurumsal yatırımcılar için cazip bir yatırım aracı haline gelmiş durumda. Bu gelişmeler, Bitcoin ve genel olarak kripto para piyasasının geleceği adına umut verici. Bitcoin ETF'lerinin sunmuş olduğu kolaylık ve erişilebilirlik, kripto para birimlerinin benimsenmesini hızlandırırken, piyasalarda yeni bir yükseliş trendinin kapılarını aralıyor. Yatırımcılar, Bitcoin ETF'lerinin piyasadaki volatiliteyi azaltıp azaltmayacağını ve kripto para birimlerinin değerinin daha da artıp artmayacağını yakından izlemeye devam ediyor. Read the full article

[skshorts]

WisdomTree vs. BlackRock: The Ultimate Battle for Dominance in Bitcoin ETFs

The financial world is continuously changing, and the most recent trend is the introduction of Bitcoin Exchange-Traded Funds (ETFs). WisdomTree Investments, a New York-based asset management firm, has recently applied for a US spot Bitcoin ETF, following in the footsteps of investing behemoth BlackRock. This decision represents a significant shift in the investing environment, as more financial…

[jiangdong2580]

WisdomTree, the global asset management firm behind the BTCW Spot Bitcoin exchange-traded fund, has obtained a charter from the New York State Department of Financial Services to offer cryptocurrency-related services within the state. This charter allows WisdomTree to function as a limited-purpose trust company under New York Banking Law, subject to enhanced regulation. It grants authorization for the custody of digital assets in fiduciary custody, issuance and exchange of approved stablecoins, and management of stablecoin reserves through the newly established WisdomTree Finance LTD.

WisdomTree Finance, a personal finance app dedicated to facilitating digital asset trading, is among the initiatives underway. Jonathan Steinberg, WisdomTree's founder and CEO, expressed his appreciation for the New York State Department of Financial Services, highlighting its status as the primary regulator for businesses involved in digital asset activities. He emphasized that this well-established trust company charter program, predating digital assets, ensures bank-level regulation while enabling innovative product offerings without compromising customer protection.

Notably, WisdomTree joins nine other companies with crypto-services trust charters, including Coinbase, Gemini, and Fidelity digital assets. WisdomTree plans to leverage WisdomTree Finance to introduce additional products for institutional and commercial clients. As an issuer of one of the recently approved spot bitcoin ETFs in the United States, WisdomTree remains at the forefront of cryptocurrency innovation.

Will Peck, Head of Digital Assets at WisdomTree, advocates for viewing blockchain as infrastructure for financial innovation beyond the valuation of individual digital assets like bitcoin and ethereum. Amidst the surge in cryptocurrency prices, the tokenization of "real-world assets" is gaining momentum, necessitating a shift in perspective toward the digital asset ecosystem to grasp its implications and potential benefits.

Driven by a vision to revolutionize investment practices, WisdomTree, through its global subsidiaries, has established itself as the world's largest independent ETF originator, renowned for safety, trust, and reliability.

WisdomTree, the global asset management firm behind the BTCW Spot Bitcoin exchange-traded fund, has obtained a charter from the New York State Department of Financial Services to offer cryptocurrency-related services within the state. This charter allows WisdomTree to function as a limited-purpose trust company under New York Banking Law, subject to enhanced regulation. It grants authorization for the custody of digital assets in fiduciary custody, issuance and exchange of approved stablecoins, and management of stablecoin reserves through the newly established WisdomTree Finance LTD.

WisdomTree Finance, a personal finance app dedicated to facilitating digital asset trading, is among the initiatives underway. Jonathan Steinberg, WisdomTree's founder and CEO, expressed his appreciation for the New York State Department of Financial Services, highlighting its status as the primary regulator for businesses involved in digital asset activities. He emphasized that this well-established trust company charter program, predating digital assets, ensures bank-level regulation while enabling innovative product offerings without compromising customer protection.

Notably, WisdomTree joins nine other companies with crypto-services trust charters, including Coinbase, Gemini, and Fidelity digital assets. WisdomTree plans to leverage WisdomTree Finance to introduce additional products for institutional and commercial clients. As an issuer of one of the recently approved spot bitcoin ETFs in the United States, WisdomTree remains at the forefront of cryptocurrency innovation.

Will Peck, Head of Digital Assets at WisdomTree, advocates for viewing blockchain as infrastructure for financial innovation beyond the valuation of individual digital assets like bitcoin and ethereum. Amidst the surge in cryptocurrency prices, the tokenization of "real-world assets" is gaining momentum, necessitating a shift in perspective toward the digital asset ecosystem to grasp its implications and potential benefits.

Driven by a vision to revolutionize investment practices, WisdomTree, through its global subsidiaries, has established itself as the world's largest independent ETF originator, renowned for safety, trust, and reliability.

[wisdomtreefin]

WisdomTree, the global asset management firm behind the BTCW Spot Bitcoin exchange-traded fund, has obtained a charter from the New York State Department of Financial Services to offer cryptocurrency-related services within the state. This charter allows WisdomTree to function as a limited-purpose trust company under New York Banking Law, subject to enhanced regulation. It grants authorization for the custody of digital assets in fiduciary custody, issuance and exchange of approved stablecoins, and management of stablecoin reserves through the newly established WisdomTree Finance LTD.

WisdomTree Finance, a personal finance app dedicated to facilitating digital asset trading, is among the initiatives underway. Jonathan Steinberg, WisdomTree's founder and CEO, expressed his appreciation for the New York State Department of Financial Services, highlighting its status as the primary regulator for businesses involved in digital asset activities. He emphasized that this well-established trust company charter program, predating digital assets, ensures bank-level regulation while enabling innovative product offerings without compromising customer protection.

Notably, WisdomTree joins nine other companies with crypto-services trust charters, including Coinbase, Gemini, and Fidelity digital assets. WisdomTree plans to leverage WisdomTree Finance to introduce additional products for institutional and commercial clients. As an issuer of one of the recently approved spot bitcoin ETFs in the United States, WisdomTree remains at the forefront of cryptocurrency innovation.

Will Peck, Head of Digital Assets at WisdomTree, advocates for viewing blockchain as infrastructure for financial innovation beyond the valuation of individual digital assets like bitcoin and ethereum. Amidst the surge in cryptocurrency prices, the tokenization of "real-world assets" is gaining momentum, necessitating a shift in perspective toward the digital asset ecosystem to grasp its implications and potential benefits.

Driven by a vision to revolutionize investment practices, WisdomTree, through its global subsidiaries, has established itself as the world's largest independent ETF originator, renowned for safety, trust, and reliability.

[korkashimizu]

WisdomTree, the global asset management firm behind the BTCW Spot Bitcoin exchange-traded fund, has obtained a charter from the New York State Department of Financial Services to offer cryptocurrency-related services within the state. This charter allows WisdomTree to function as a limited-purpose trust company under New York Banking Law, subject to enhanced regulation. It grants authorization for the custody of digital assets in fiduciary custody, issuance and exchange of approved stablecoins, and management of stablecoin reserves through the newly established WisdomTree Finance LTD.

WisdomTree Finance, a personal finance app dedicated to facilitating digital asset trading, is among the initiatives underway. Jonathan Steinberg, WisdomTree's founder and CEO, expressed his appreciation for the New York State Department of Financial Services, highlighting its status as the primary regulator for businesses involved in digital asset activities. He emphasized that this well-established trust company charter program, predating digital assets, ensures bank-level regulation while enabling innovative product offerings without compromising customer protection.

Notably, WisdomTree joins nine other companies with crypto-services trust charters, including Coinbase, Gemini, and Fidelity digital assets. WisdomTree plans to leverage WisdomTree Finance to introduce additional products for institutional and commercial clients. As an issuer of one of the recently approved spot bitcoin ETFs in the United States, WisdomTree remains at the forefront of cryptocurrency innovation.

Will Peck, Head of Digital Assets at WisdomTree, advocates for viewing blockchain as infrastructure for financial innovation beyond the valuation of individual digital assets like bitcoin and ethereum. Amidst the surge in cryptocurrency prices, the tokenization of "real-world assets" is gaining momentum, necessitating a shift in perspective toward the digital asset ecosystem to grasp its implications and potential benefits.

Driven by a vision to revolutionize investment practices, WisdomTree, through its global subsidiaries, has established itself as the world's largest independent ETF originator, renowned for safety, trust, and reliability.

[dencyemily]

Record-Breaking Achievement: Cryptocurrency ETFs Surpass $2 Billion in Daily Trades, Marking Historic Milestone

The recent surge in Bitcoin Exchange-Traded Funds (ETFs) trading volumes, reaching a groundbreaking $2 billion on February 20, reveals insights and trends shaping the cryptocurrency investment landscape. The success of ETFs like HODL, BTCW, and BITB played a crucial role in achieving this record, marking a significant milestone for the industry.

VanEck’s spot Bitcoin ETF and WisdomTree’s Bitcoin Fund (WBTC) emerged as top performers, with VanEck’s ETF trading volume exceeding $300 million. This is a stark contrast to its initial launch day volume of $25.5 million on January 11, highlighting the growing interest and adoption of Bitcoin ETFs.

The trading frenzy around VanEck’s Bitcoin Trust ETF (HODL), drawing over 32,000 individual traders, underscores the impact of social media on market dynamics. Eric Balchunas speculates on various factors contributing to this surge, emphasizing the role of social media influence in driving investor participation.

WisdomTree’s Bitcoin Fund (WBTC) exhibited an exceptional increase in trading volume, soaring approximately 1,200% above its average to $154 million for the day. The surge in individual trades for WBTC, reaching 23,000 compared to the previous session's 221, highlights the growing popularity and activity surrounding Bitcoin ETFs.

In response to the competitive landscape, VanEck’s announcement of a fee reduction for its Bitcoin ETF, effective from February 21, showcases strategic positioning against competitors like BlackRock and Fidelity. This move is part of VanEck’s broader commitment to supporting the Bitcoin ecosystem, including allocating a portion of its ETF profits to Bitcoin core developers.

Michael Saylor, CEO of MicroStrategy, provides additional insights into the recent surge, discussing the influx of capital from traditional to digital platforms via Bitcoin ETFs in a Bloomberg interview. Saylor’s observations, while not projecting future market directions, contribute to understanding the current investment landscape, emphasizing Bitcoin’s appeal in comparison to traditional assets like gold, real estate, and the S&P Index.

[apieinvestavimapaprastai]

Investuojam į auksą. Perkam aukso ETF

Aukso ETF yra vienas populiaresnių būdų pasaulyje investuoti į geltonąjį metalą. Jie likvidesni už aukso luitelius ir monetas, vadinasi #gold #goldetf #goldetc #etf #etc #vaneck #blackrock #ishares #wisdomtree #xtrackers

Aukso ETF yra vienas populiaresnių būdų pasaulyje investuoti į geltonąjį metalą. Jie likvidesni už aukso luitelius ir monetas, vadinasi, ir rizika mažesnė. O investuotojams, norintiems apsidrausti nuo neprognozuojamos ekonomikos, aukso ETF gali būti lengviau valdomas ir pigesnis būdas investuoti į šią žaliavą. Continue reading Untitled

[aktieportfoljen]

Rusande amerikansk 10-årsränta färgar börsen röd - Novo Nordisk och råvaror i topp

Nu är det ett högst intressant läge på finansmarknaden, men det var ingen rolig börsdag när Stockholmsindexen backade, OMX30, -1,20% och OMXSPI, -1,40%. Idag steg den tioåriga amerikanska räntan till den högsta nivån på 16 år, så blodfärgen på börsen ser ut att fortsätta. Sedan flera handelsdagar trendar OMX30 -1,38% under MA200 och OMXSPI -3,4%. Enligt min regelbok när börsindexen tydligt…

[lwcapm]

Krypto-ETFs auf dem Vormarsch: Wird die SEC bis zum 13. August entscheiden?

In der sich rasch entwickelnden Welt der Kryptowährungen zeichnet sich eine bemerkenswerte Veränderung ab: Die mögliche Einführung von Krypto-Exchange Traded Funds (ETFs). Aktuell befinden sich mehrere Anträge namhafter Vermögensverwalter bei der US-Börsenaufsichtsbehörde SEC in der Prüfung. Dieser Schritt wird von Analysten und Investoren mit gespannter Erwartung verfolgt, während eine wichtige Frist am Horizont steht.

Die aktuelle Dynamik im Bereich Kryptowährungen ist vielfältig und facettenreich. Ein Hauptgrund dafür sind die jüngsten Anträge, die bei der US-Börsenaufsichtsbehörde SEC eingegangen sind. Größen wie das US-Investmentunternehmen Ark Invest und der renommierte Krypto-Investor 21Shares haben Anträge für börsengehandelte Krypto-Indexfonds (ETFs) eingereicht. Diese Bemühungen könnten laut Cathie Wood, der Gründerin von Ark Invest, eine bedeutende Wendung herbeiführen, indem sie möglicherweise den Weg für die Zulassung mehrerer Bitcoin-ETFs ebnen. Die Entscheidung über den beantragten Bitcoin-Spot-ETF von ARK Invest soll eigentlich bis zum 13. August erfolgen, doch aufgrund der Komplexität rechnet Wood mit einer Verzögerung. Interessanterweise hat die SEC insgesamt acht Anträge angenommen und befindet sich derzeit in der Prüfungsphase. Weitere renommierte Akteure wie Blackrock, Fidelity, WisdomTree, VanEck, Invesco und der Krypto-Asset-Manager Bitwise gehören zu den weiteren Antragstellern.

Cathie Wood geht davon aus, dass die SEC in absehbarer Zeit eine grundlegende Entscheidung treffen wird. Der Schlüssel liegt darin, ob die Behörde sich dazu durchringt, diese Produkte zuzulassen. "Ich denke, dass die SEC, wenn sie einen Bitcoin-ETF genehmigen wird, mehr als einen auf einmal genehmigen wird", äußerte sich Wood in einem kürzlichen Interview mit Bloomberg zuversichtlich.

Andere Branchenexperten teilen diese optimistische Sichtweise. Mike Novogratz, CEO des Digital-Asset-Managers Galaxy, ist der Überzeugung, dass die Einführung eines Bitcoin-ETFs in den USA nur eine Frage der Zeit ist. James Seyffart, ETF-Analyst bei Bloomberg, vertritt die Meinung, dass für die SEC der einfachste Weg darin bestünde, mehrere Krypto-Fonds gleichzeitig zuzulassen.

Die Frage nach Krypto-ETFs ist zweifelsohne von großer Bedeutung, sowohl für Investoren als auch für die Aufsichtsbehörden selbst. Dies wird besonders deutlich anhand eines kürzlichen rechtlichen Streits zwischen der SEC und dem digitalen Vermögensverwalter Grayscale, nachdem die Umwandlung des Spot Grayscale Bitcoin Trust (GBTC) in einen ETF abgelehnt wurde. Ein ähnlicher Antrag von BlackRock im Juni dieses Jahres wurde ebenfalls abgelehnt. Die Genehmigung von Krypto-ETFs könnte nicht nur die Kurse von Kryptowährungen, sondern auch das Vertrauen in diese aufstrebende Anlageklasse stärken.

Es ist kein Geheimnis, dass der Markt für Kryptowährungen in stetiger Bewegung ist. Ein wesentlicher Katalysator für die jüngsten Entwicklungen sind die eingereichten Anträge bei der US-Börsenaufsichtsbehörde. Größen wie das US-Investmentunternehmen Ark Invest und der renommierte Krypto-Investor 21Shares haben Anträge für börsengehandelte Krypto-Indexfonds (ETFs) eingereicht. Diese Anträge könnten den Weg ebnen, um Bitcoin-ETFs letztlich zu legitimieren. Bis zum 13. August sollte ursprünglich die Entscheidung über den beantragten Bitcoin-Spot-ETF von ARK Invest erfolgen. Allerdings gibt es bereits Andeutungen, dass diese Frist womöglich nicht eingehalten werden kann.

Der Blick auf den Kalender enthüllt ein interessantes Detail: Der 13. August fällt auf einen Sonntag. Bundesbehörden wie die SEC arbeiten üblicherweise nicht an Wochenenden. Dies wirft die Frage auf, wann genau die Entscheidung fallen wird. Eine mögliche Überlegung wäre, dass, wenn es zu keinen Verzögerungen kommt – was zu diesem Zeitpunkt noch nicht absehbar ist –, die Entscheidung bereits am Freitag, den 11. August 2023, bekannt gegeben werden könnte. Dies würde es der SEC ermöglichen, die Angelegenheit rechtzeitig vor dem Wochenende zu klären.

Dennoch bleiben die genauen Zeitpläne und der Ausgang dieser Entwicklungen unsicher. Die Natur der Bundesbehördenarbeit und die mögliche Komplexität der Anträge könnten Verzögerungen mit sich bringen. Es bleibt abzuwarten, wie die SEC letztendlich handeln wird und welche Auswirkungen diese Entscheidung auf den Kryptowährungsmarkt und darüber hinaus haben wird.

Insgesamt steht die Krypto-Welt möglicherweise vor einem Wendepunkt, während wir auf die Entscheidung der SEC warten. Die Frist des 13. August 2023 wirft die Frage auf, wann genau diese Entscheidung getroffen wird, und ob eine mögliche Ankündigung bereits am Freitag, den 11. August, erfolgen könnte. Während wir die Entwicklungen verfolgen, bleibt die Krypto-Community gespannt auf die Zukunft dieser aufregenden neuen Finanzinstrumente.

[thedailydecrypt]

Ethereum’s Existential Crisis: Once the Future, Now the Fade

Ethereum’s decade-long reputation as the engine room of decentralized finance is starting to look like legacy marketing.

On May 1st, algorithmic trading firm Two Prime dropped a bombshell: it’s done with ETH. Not scaling back. Not rotating exposure. Finished. “Statistically broken,” “trades like a memecoin,” “value proposition failed”—those weren’t throwaway lines from a salty trader; they were official statements from a U.S. SEC-registered asset manager with over $1.5 billion in lending history across BTC and ETH. And they weren't alone.

At first glance, it reads like another fund pivoting to Bitcoin during a rough market. But scratch beneath the surface, and the signal is louder than the noise: Ethereum isn’t just underperforming—it’s losing its place as the institutional #2. And worse, it might not have a defensible role in crypto at all.

ETH's Decline Isn’t Just Technical—It’s Cultural

Ethereum is down 45% year-to-date. Bitcoin, by contrast, is flirting with new all-time highs. That performance gap alone would raise eyebrows, but Two Prime’s decision wasn’t just about price—it was about behavior. ETH, they say, no longer trades like a rational asset.

According to the firm, Ethereum has decoupled from Bitcoin’s mean-reverting patterns and begun showing “multi-standard deviation” moves—erratic, memecoin-like spikes and plunges that break the models used by quant funds. In plain English: they can’t trade it reliably anymore.

This isn’t an isolated observation. Volatility charts comparing BTC, ETH, and DOGE show Ethereum now swinging like a meme token, not the foundational layer of a trillion-dollar future. That’s not volatility as opportunity—it’s volatility as institutional poison.

Two Prime's conclusion? ETH is no longer worth engaging with. That’s damning.

The ETF Gap: $113B vs. $6B

Zoom out, and the fundamentals look just as dire. Bitcoin ETFs have captured over $113 billion in assets, soaking up nearly 6% of BTC’s supply. Ethereum? Just $6.7 billion. That’s a 17x gap—and ETH’s number is shrinking.

ETH spot ETFs were supposed to be a major win when approved in May 2024. Instead, they’ve flopped. VanEck shuttered its ETH futures ETF. ARK liquidated both its ETH and BTC futures products. Even WisdomTree gave up. If this is adoption, it looks suspiciously like rejection.

The reflexivity problem Two Prime outlined is now in full view: weak ETF demand → less institutional attention → weaker price action → even less demand. And unlike Bitcoin, which has a singular, elegant narrative as digital gold, Ethereum seems stuck pitching too many ideas and executing none of them cleanly.

Solana: The Fast-Tracking Challenger

As Ethereum slips, Solana accelerates.

Daily active users, wallet growth, and transaction volume all favor Solana. The upcoming Firedancer upgrade is expected to push Solana past 1 million transactions per second—orders of magnitude beyond Ethereum mainnet.

To be clear: Solana isn't “killing Ethereum” in the usual tribal sense. But it is offering developers a coherent, performant, affordable environment. For real-time apps, payments, and games—Ethereum’s much-hyped “world computer” model—Solana simply delivers.

Two Prime’s statement cuts even deeper here: Ethereum’s own Layer-2s are cannibalizing the mainnet. Value is leaking out of the core protocol into fragmented rollups, each with their own tokens, liquidity pools, and governance. ETH isn’t monetizing its own ecosystem. That’s fatal for an asset meant to power it.

Leadership Drift and Mission Creep

It’s not just the tech. It’s the culture.

Two Prime accused Ethereum’s leadership of bureaucratic stagnation, ideological rigidity, and prioritizing egalitarian idealism over competitive strategy. Harsh? Maybe. But is it wrong?

Ethereum’s governance is complex by design, a DAO-inspired mesh of independent dev teams, foundations, and community factions. That worked in its early years, when experimentation was the goal. But now, in a market that rewards clear narratives and fast iteration, it’s become a drag.

Compare that to Bitcoin: simple, stable, predictable. No mission creep, no roadmap chaos. Just “be the hardest money on Earth.” Ethereum, by contrast, is trying to be a platform, a money, a world computer, and an L2 aggregator—while doing none of them definitively.

Two Prime’s blunt summary: “Everyone but ETH leadership seems to know it.”

Is This The Bottom—or The Beginning of the End?

Predictably, ETH bulls took to Twitter to label Two Prime’s exit as a contrarian buy signal. “If this isn’t the bottom, I don’t know what is,” said one. Others dismissed the firm as “irrelevant” or accused them of talking their book.

But reflexive contrarianism isn’t a strategy. ETH bulls need to grapple with the substance here: it’s not just that ETH is down—it’s that institutional frameworks now view it as unpredictable, culturally stalled, and economically unclear. That’s different from just being in a bear market.

Yes, Ethereum is still the second-largest crypto by market cap. Yes, it powers the majority of smart contracts and DeFi platforms. And yes, the Ethereum Foundation is speeding up its upgrade cycles, decentralizing leadership, and trying to course-correct.

But institutional patience is finite. Bitcoin has already won that war. Solana is winning the developer one. What’s left for Ethereum to win? That answer used to be “everything.” Now it’s more of a shrug.

Bitcoin: The No-Controversy Asset

As Ethereum flails, Bitcoin soars.

Two Prime now backs BTC exclusively. Its CEO, Alexander Blume, calls it “the only digital asset that meets institutional standards.” BlackRock is all-in. ETF flows are massive. New models project Bitcoin to hit $350,000 this year, backed by rising institutional allocations and clean economic logic.

Bitcoin has no governance drama, no roadmap overreach, no L2 fragmentation. It’s money. Full stop.

And that’s the real story: in a market moving from experimentation to consolidation, clarity beats complexity. Bitcoin has clarity. Ethereum has entropy.

Ethereum isn’t dead. But the assumptions that once made it unstoppable—dominance in smart contracts, institutional appeal, platform composability—are all under siege. And now, for the first time, there's a credible case that ETH isn't just undervalued… it might be structurally over.

Two Prime’s exit isn’t a fluke. It’s a signal. Whether Ethereum hears it or not will determine its future.

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© 2025 InSequel Digital. ALL RIGHTS RESERVED. No part of this publication may be reproduced, distributed, or transmitted in any form without prior written permission. The content is provided for informational purposes only and does not constitute legal, tax, investment, financial, or other professional advice.

[bullionguide]

05/02/2025 - Gold & Silver Market News

Brought to you by the Free Bullion Investment Guide

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[arbitcoin]

تجار تجار Traders Eye Massive XRP حيث ارتفعت احتمالات موافقة XRP ETF إلى 85 ٪

XRP ETF News: يتصاعد الإثارة حول XRP حيث يستعد المتداولون لما يمكن أن يكون سعرًا تاريخيًا في عام 2025. يركز الطنين على التفاؤل المتزايد الذي سيحصل عليه صندوق XRP المتداول في الولايات المتحدة (ETF) قريبًا ، مع الضوء الأخضر ، مع الضوء الأخضر ، مع الإضاءة الخضراء ، مع الإضاءة الخضراء ، مع محلل بلومبرج إريك بالشوناس الآن تعيين احتمال 85 ٪ للموافقة. تتبع الدعم في الثقة تغييرات القيادة الأخيرة في لجنة الأوراق المالية والبورصة الأمريكية (SEC) ، والتي تشرف على تنظيم التشفير.سيسمح ETF XRP ETF للمستثمرين المؤسسيين بالتعرض لـ XRP من خلال الأسواق التقليدية ، مما قد يفتح بوابات الفيضان للمليارات في رأس المال. شهدت ETFs Bitcoin ، التي تم إطلاقها في وقت سابق من عام 2024 ، بالفعل ما يقرب من 39 مليار دولار من التدفقات الصافية. إذا جذبت ETFs XRP حتى 15 ٪ إلى 30 ٪ من هذا المجلد ، فقد يرسل XRP إلى مسيرة رئيسية.على سبيل المثال ، ستجلب حصة 15 ٪ من تدفقات ETF Bitcoin حوالي 5.85 مليار دولار ، مما قد يدفع سعر XRP إلى 12.23 دولار ، وهو ما يمثل ربحًا بنسبة 450 ٪ من مستواه الحالي البالغ 2.22 دولار. إذا سحبت ETFs XRP بنسبة 30 ٪ ، فقد يرتفع XRP إلى 22.20 دولارًا ، وهو زيادة مذهلة بنسبة 900 ٪.متى ستتم الموافقة على XRP ETF؟الزخم بناء. منصة التنبؤ polymarket الآن يضع احتمالات موافقة XRP ETF بنسبة 80 ٪ ، بزيادة حادة من 68 ٪ الأسبوع الماضي. إن مديري الأصول الرئيسيين - Wisdomtree و Franklin Templeton - قد تم تقديمهم.في حين أن لجنة الأوراق المالية والبورصة قد تأخرت قرارها بشأن XRP ETF من فرانكلين تيمبلتون إلى 17 يونيو ، إلا أن المطلعين على الصناعة يعتقدون أن الموافقة أصبحت محتملة بشكل متزايد. في حالة حدوث ذلك ، قد يتبع XRP خطى Bitcoin ويشهد انفجار سعر مكافئ.متى سيرتفع سعر XRP؟معنويات السوق تتحول بشكل متزايد. يمكننا أن نتوقع من XRP أن يستعيد ذروته في شهر أبريل البالغ 2.36 دولار على المدى القصير ، مع مرور أعلى مستوياته على الإطلاق في عام 2025. تاجر داكن المشهور يرى الانخفاض الأخير كجزء من نمط صعودي أوسع ، بينما مشاريع allincrypto يمكن أن يصل XRP إلى 19.27 دولار في المدى الأطول.اقرأ أيضا: XRP مصنوع في أمريكا ، وهذا هو السبب في أن هذا يهم وسعر XRP اليوم: مستويات المفاتيح للمشاهدةعلى الرغم من سرد ETF الصعودي ، انخفض سعر XRP بنسبة 5 ٪ ، حيث تراجعت عن البيانات الاقتصادية الأمريكية الأضعف. يقوم AltCoin حاليًا بتكوين إعداد تقني صعودي ، ويمكن أن يرسله اندلاع أعلى من 2.40 دولار إلى 3.74 دولار.من أجل هذا الاتجاه الصعودي لتحقيقه ، يجب على XRP أن يحتفظ بأرضه أعلى من الدعم الحاسم البالغ 2.20 دولارًا والتغلب على المقاومة عند 2.80 - 3.00 دولار. إذا كان الأمر كذلك ، يمكن أن يدخل Altcoin مرحلة تجمع جديدة.لا تفوت أي إيقاع في عالم التشفير!ابق في المقدمة مع الأخبار العاجلة ، وتحليل الخبراء ، والتحديثات في الوقت الفعلي حول أحدث الاتجاهات في Bitcoin و Altcoins و Defi و NFTS والمزيد.