NiftyNoon: Can Strong ETF Inflows Save Ethereum From Becoming the Next Ripple?
With a relative underperformance of ETH this cycle compared to Bitcoin, many are hoping a strong first week performance of Ethereum ETFs can reinvigorate interest in the chain (July 24, 2024)
Highlighted News:
DAY ONE in the books for Eth ETFs who did $1b in total volume, which is 23% of what the spot bitcoin ETFs on their first Day:
https://x.com/ericbalchunas/status/1815848912185377005?s=46
All ETH ETF’s now on Arkham:
https://x.com/arkhamintel/status/1815736346725552259?s=46
@krakenfx has successfully distributed Bitcoin and Bitcoin Cash from the
@mtgox estate back to creditors:
https://x.com/DavidLRipley/status/1815880303254323603t=9KTl6R8OQJ71ySRtO
Introducing Abstract, the blockchain for consumer crypto:
https://x.com/AbstractChain/status/1815771462671737309
introducing Doodlesᵗᵛ:
https://x.com/doodles/status/1815787866825388419?s=46
Project and Community News:
ETH ETFs have arrived, another important milestone for crypto in expanding access to and diversifying our cryptoeconomy: https://x.com/coinbase/status/1815525645318778894?s=46
Grayscale is excited to announce the launch of Grayscale Ethereum Mini Trust, ticker - $ETH: https://x.com/grayscale/status/1815688403381531021?s=46
Today, the Bitwise Ethereum ETF (ETHW) became the first U.S. ETP to publish its Ethereum addresses and set ENS subnames for each address: https://x.com/bitwiseinvest/status/1815716188447482341?s=46
Bitcoin 2024 Conference CEO David Bailey is in talks with Kamala Harris campaign for her to speak at the event: https://x.com/bitcoinmagazine/status/1815854792066875531?s=46
@Librecap on Solana lets you invest in alternative assets like private credit funds with $10k, not $250k+: https://x.com/solana/status/1815719702989344780?s=46
$900 billion asset manager Hamilton Lane becomes the first asset manager to launch a fund on the @solana blockchain: https://x.com/solanafloor/status/1815705599088197778?s=46
Jupiter will be collaborating with @Irenezhao_ to launch @iloveasianmom: https://x.com/weremeow/status/1815420328249880880?s=46
Peter Thiel's Founders Fund leads $11 million round for Pudgy Penguins' parent as it builds new Layer 2 blockchain: https://x.com/theblock__/status/1815771387232915731?s=46
Project Dragon - Event 1 July 27th, 2024 12pm ET: https://x.com/othersidemeta/status/1815816890054496338?s=46
$LRDS approaches: https://x.com/blocklords/status/1815681771595235410?s=46
http://dYdX.exchange has been compromised: https://x.com/dydx/status/1815778660453941450s=46&t=BxCQSsyUwdb2D9OCOm7
ORDIDUEL Is Live: https://x.com/RuneX_Tech/status/1815853482143838649
@usemoonshot Fees have dropped to 1% for any trade over $250: https://x.com/usemoonshot/status/1815754463577018778?s=46
Survey of 3,538 adults in the US found bitcoin ownership: https://x.com/thetrocro/status/1815491534550417525
Quick Stats:
👾 Blur ETH Daily Volume: 962 ETH (▲ 3.51%)
🌊 OpenSea ETH Daily Volume: 303 ETH (▲ 5.32%)
🟠 BTC : $66,406.33 (▼ 0.76%)
🔷 ETH: $3,456.39 (▼ 2.12%)
🟣 Solana: $176.48 (▼ 0.53%)
🟪 Polygon: $0.54 (▼ 0.88%)
Top NFT Sales:
CryptoPunks #9825: 38.00 ETH
Fidenza by Tyler Hobbs #78000245: 31.00 ETH
CryptoPunks #1278: 28.00 ETH
NFT Daily Winners:
🐧 Pudgy Penguins: 10.74 ETH (▲ 1.02%)
👩🏻 Milady Maker: 5.57 ETH (► 0.00%)
NFT Daily Losers:
🍭 Mocaverse: 1.45 ETH (▼ 0.08%)
🏳🌈 Chromie Squiggles: 3.77 ETH (▼ 0.26%)
👾 Tensorians: 10.94 SOL (▼ 0.55%)
🦧 Bored Ape Yacht Club: 9.24 ETH (▼ 1.03%)
🏴☠ Captainz: 2.42 ETH (▼ 1.20%)
🐱 Quantum Cats: 0.30 BTC (▼ 1.37%)
😡 Mad Lads: 62.99 SOL (▼ 1.55%)
💼 Ordinal Maxi Biz: 0.21 BTC (▼ 2.47%)
🚬 CryptoPunks: 26.19 ETH (▼ 2.64%)
⛩ Azuki: 3.92 ETH (▼ 3.22%)
🐵 NodeMonkes: 0.15 BTC (▼ 5.42%)
🧦 Bitcoin Puppets: 0.11 BTC (▼ 11.44%)
Notes:
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