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Double Down on ETH
Published on May 22, 2024

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NEED TO KNOW
Gensler Warns Congress
  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 MetaMask Reportedly Adding Native Bitcoin 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: Jack Inabinet

📊 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?

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Prices as of 5pm ET 24hr 7d
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: David C.

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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