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Digital Asset Funds Flows ( WEEKLY | M) FLOW : 1,050 millions $ MA13 : 700 m $ 2024 : 14,909 m $ $BTC Closed at : $71,229 —by-24May’24—long-term-indicator— #BTCETFS #ETHETFS

Digital Asset Funds Flows ( WEEKLY | M)

FLOW : 1,050 millions $

MA13 : 700 m $

2024 : 14,909 m $

$BTC Closed at : $71,229

—by-24May’24—long-term-indicator—

#BTCETFS #ETHETFS

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Digital Asset Funds Flows (WEEKLY | by 31’May) FLOW : 185 millions $ // IN // MA13 : 573 m $ 2024 : 15,096 m $ $BTC $FET $SOL #BTCETFS #ETHETFS
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Me : “ What’s the next crypto coin ETF with the highest possibility be approved by SEC ?” Meta AI : “Solana (SOL) ETF. $SOL Here's why: 1. Filings: Several asset managers, including VanEck, Fidelity, and Grayscale, have filed for Solana ETFs with the SEC. 2. Market capitalization: Solana is the 6th largest cryptocurrency by market capitalization, making it a significant player in the crypto space. 3. Institutional interest: Solana has gained traction among institutional investors due to its fast transaction times, low fees, and decentralized finance (DeFi) capabilities. 4. Regulatory environment: The SEC has shown a willingness to approve ETFs for cryptocurrencies with a clear regulatory framework, and Solana's decentralized nature and transparent governance structure may align with the SEC's requirements. 5. Precedent: The approval of Ethereum ETFs sets a precedent for other top cryptocurrencies like Solana, which shares similarities with Ethereum in terms of its decentralized and programmable blockchain. Keep in mind that the SEC's approval process is unpredictable, and other factors like market conditions, investor demand, and competition from other asset classes can influence the approval timeline.”
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Very nice summary about Ethereum $ETH ETF by Meta AI : Yes, the Ethereum ETF #ETHETFS has been approved by the SEC ¹ ² on 23May’2024. Here are some key points about the Ethereum ETF approval ¹ ² ³ ⁴: - The US Securities and Exchange Commission (SEC) has approved the first batch of spot Ethereum (ETH) ETFs. - The approval allows investors to gain direct exposure to Ethereum, the second-largest cryptocurrency by market capitalization, without having to purchase and store the digital asset themselves. - The SEC filings list eight Ethereum ETFs from VanEck, Fidelity, Franklin, Grayscale, Bitwise, ARK Invest & 21Shares, Invesco & Galaxy, and BlackRock’s iShares Ethereum Trust, proposed for listing on Nasdaq, NYSE Arca, and Cboe BZX Exchange. - The approval is expected to bring a substantial influx of institutional capital into the Ethereum market, with Standard Chartered Head of Digital Assets Research Geoff Kendrick predicting inflows of $15 to $45 billion in the first 12 months. - The move is seen as a significant shift in the regulatory landscape for crypto in the US, following the approval of 11 spot Bitcoin ETFs five months ago. - The approval of Ethereum ETFs and the passage of the FIT21 crypto bill suggest a shift in the Biden Administration’s stance on crypto, following former President Trump’s pledge to support the industry and foster a business-friendly environment in the US.
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HOW Fetch.ai $FET , the Open Economic works /by leveraging AI/Machine Learning & Blockchain/ : Text Prompts IN —> Real/Virtual Goods or Services OUT 2 main participants: 1.) Fetch Ledger which based on Ethereum $ETH , heart is the AI-Engine 2.) The AI Agents which connects to open economic and provides Real/Virtual Goods and Services, $FET as the incentive to the Agents (REMARK : it’s totally diff with Bittensor $TAO , see my last post to compare )
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HOW Bittensor $TAO , the decentralized #AI & machine learning Blockchain works : Prompts IN, text, Image, video Out 2 parts : Blockchain backed + Subnet 3 participants: Miners where the Models running, Validators which evaluate Miners’ output, and $TAO as incentive
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