Double Down on ETH

Published on May 22, 2024

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NEED TO KNOW

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  1. 👔 Gensler & Biden Speak Out Against FIT21 Act. As FIT21 amasses support, Biden and Gensler voice their opposition.Read more on Bankless.com

  2. 🦊 MetaMask Reportedly Adding Native Bitcoin Support. The rollout could come as soon as next month.Read more on Bankless.com

  3. 📝 ETH ETF Issuers Drop Staking. ETF issuers won't be staking their ETH, according to new filings.Read more on Bankless.com

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TODAY IN MARKETS

ETH's Institutional Sell

Bankless Author:

📊 New Best? Laser-eyed Bitcoiners have long maintained that their chosen asset is the only cryptocurrency that institutions will be willing to purchase. With spot ETH ETFs on the horizon, will TradFi soon find a superior alternative?

Crypto

$2.58T

↘ 0.4%

↗ 8.4%

BTC

$69,388

↘ 0.4%

↗ 5.2%

ETH

$3,749

↗ 0.1%

↗ 24.0%

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INVEST

Bets to Double-Down on ETH

Bankless Author:

With ETH climbing more than 25% in the past week, it’s clear traders are looking to up their exposure to the asset, but investors are also bidding up assets across the EVM ecosystem that they see as beta plays on potential ETF approval.

Today, we’re taking a look at some of the plays already catching fire, and the tokens and ecosystems that could be poised to take off at any moment. 👀

Check out the assets we're watching👇

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