a maximum of 10,000 people and/or institutions can own CryptoPunks that’s it. that’s the thesis

in this new paradigm, even Cramer being bullish ETH cannot make the price go down

so let me get this straight the new bear case of the week i’m reading here for ETH is that whales refuse to sell and believe longterm in the project and are willing to put years and decades into it? you know what? i like our chances ETH

treasury companies kickstart the ETH value accrual flywheel they are not even close to the endgame for Ethereum the endgame is: - the global financial system settling on Ethereum as the world’s settlement layer (for stablecoins and other assets) - ETH becomes the world’s most important collateral asset - permissionless and private economic activity occurs alongside the permissioned on neutral, censorship-resistant Ethereum rails

iShares Ethereum ETF becomes 3rd fastest ETF to hit $10bil in assets… 3 fastest ETFs to $10bil now all spot crypto ETFs. We’re talking about an ETF industry that’s been around for over 3 decades & has nearly 4,400 products. What a chart.

i still contend these are not retail buys for the most part where is the retail chatter or frenzy? it doesn’t exist yet. it’s just ETH bulls bullposting while everyone else here pivots or copes this is institutional accumulation

prediction: treasury orgs for assets other than ETH and BTC will likely make no difference at all these will be spun up by VCs to buy the seed/discount bags of VCs, who are eager to unload before the cycle ends minimal market buys until that supply is cleared, which may not even happen this cycle (depending on actual demand)

i wonder what they talked about

Memories of Qilin at the Toledo Museum of Art!

Wall Street starting to rave about ETH as “programmable collateral” while most of the “native” analysts in this space deny this use case even exists incredible stuff, really