HOW Fetch.ai $FET , the Open Economic works /by leveraging AI/Machine Learning & Blockchain/ : Text Prompts IN â> 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 : itâs totally diff with Bittensor $TAO , see my last post to compare )
Digital Asset Funds Flow (WEEKLY | by 12Julâ24) FLOW IN : 1,439 millions $ 2024 : 17,799 m $ { *Perrierâs highlight:* MA13 back to uptrend , from 15May till 5Jul had been in downtrend while $BTC price was much more volatile , DAFF MA13 is good long term indicator } $SOL $FET #BTC
Digital Asset Funds Flow (WEEKLY | by 07Junâ24) FLOW IN : 2,038 millions $ 2024 : 17,132 m $ {4th highest in-flow this year although $BTC sideways, Meme and AltCoin diving } _______ $SOL $FET #BTC
Me : â Whatâs the next crypto coin ETF with the highest possibility be approved by SEC ?â
Meta AI : âSolana (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.â
Very nice summary about Ethereum $ETH ETF by Meta AI :
Yes, the Ethereum ETF #ETHETFS has been approved by the SEC Âč ÂČ on 23Mayâ2024. Here are some key points about the Ethereum ETF approval Âč ÂČ Âł âŽ: - 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 BlackRockâs 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 Administrationâs stance on crypto, following former President Trumpâs pledge to support the industry and foster a business-friendly environment in the US.
HOW Fetch.ai $FET , the Open Economic works /by leveraging AI/Machine Learning & Blockchain/ : Text Prompts IN â> 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 : itâs totally diff with Bittensor $TAO , see my last post to compare )
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 Minersâ output, and $TAO as incentive