Bitcoin ETF - Approved ✔
Ethereum ETF - Coming Soon
An Ethereum ETF went from a 10% chance to a 75% chance overnight. If approved, a spot ETF would make the following projects worth watching.
2024 ETH-Beta Watchlist:
$PEPE The New Meme King
• $PENDLE - Top Blue Chip DeFi
• $ENA - Main beneficiary of the $ETH Rally
• $METIS - Gains from the “Low Float/High FDV” Debate
• $ETHFI - The re-staking super app
• $ALT - Restaking Aggregator (RaaS)
• $REZ - Low Cap Re-Staking Hub
• $MKR - “Endgame” (rebranding/rename)
• $OP - L2 powered by Coinbase and Base chain
• $ARB - First TVL on Layer 2
• $LDO - Rollover to re-staking (powered by Paradigm)
• $ETC - PoW Ethereum
• $ENS - Vitalik’s “super important” shill
• $SSV - the only liquid DVT
• $UNI - Ethereum OG DeFi
$ETH has been lagging the market since September 2022 and has been showing signs of weakness for nearly two years. Only recently has the ETH/BTC market share been nearing a bottom.
>Narrative-based trading exploits the collective mindset and emotions of investors. When the majority of market participants agree on a certain outcome, the opposite usually occurs.
The rise in ETH/BTC due to the approval of the Ethereum ETF could bring about a huge alt season, and ETH-Beta is most likely to benefit from it.
For more information, please visit Bamboo Leaf
