evergreen tweet

Last week i wrote about S&P 500 index rebalance which happens today. Vertiv $VRT, Lumentum $LITE, Coherent $COHR and EchoStar $SATS are all going into the index today. Vast majority of the trading will happen around market close. Vertiv buying pressure is 27x its daily avg volume

First ever ETF share class of an actively managed mutual fund by @dimensional. We are almost certainly going to see a lot more of these ETF share class launches in the coming years $DFMC

Chuck Norris was the only one who could double spend bitcoin. Rest in peace.

Thanks to @NateGeraci for inviting me on to the latest episode of @ETFPrime, which we recorded live at Exchange earlier this week. This one is chock-a-block with great insights from Dimensional Fund Advisors' Wes Crill and my fellow ETF fanatics @MurphyCinthia and @JSeyff. I'd

Morgan Stanley launching its own spot bitcoin ETF is a major signal. James Seyffart (@JSeyff) joins the show to discuss: – Why this matters for institutions – ETF holder resilience – Macro shifts into real assets – What comes next for the ETF space

I'm sorry but this super micro thing is awful but parts of it are genuinely hilarious They literally used a hair dryer to move serial numbers from real servers to dummy servers to throw in a warehouse and got caught on camera

Morgan Stanley’s new bitcoin ETF — $MSBT. Coming soon to an exchange near you

Leaving Vegas. It will not be missed

I covered the Terra collapse. I covered the FTX collapse. Honestly the crypto piece in Vanity Fair may be more damaging 😅

TODAY 🚨: The Commission issued an interpretation that clarifies the application of federal securities laws to crypto assets. This is a major step to provide greater clarity regarding the Commission’s treatment of crypto assets. Read the release here:

Watching the @ETFPrime podcast recorded live at @exchangeETF with @NateGeraci, @MurphyCinthia, @JSeyff and @MstarBenJohnson, all behind sunglasses, with applause when Nate was not the first to bring up crypto

😂 🤣

The reason practically everything is less convenient nowadays is because of people like this who erode social trust

This is what economic suicide looks like;

Crude prices aren't what will ultimately drive the necessary demand destruction should the Strait of Hormuz remain closed. That job will fall to refined product prices, the things we as consumers actually consume. Singapore spot jet fuel prices are there already, over $200/bbl

Boris' argument for why Bitcoin is a ponzi: i) one of his friends once invested in it and the price went down ii) Satoshi is Japanese (?) iii) there's no one to talk to if, and I quote: "they decrypt the crypto" iv) Pokemon cards are better because kids notice them $200,000

16 of the 20 incredible featured speakers at a leading crypto conference don't work at crypto companies. One of the many things changing this year as the space enters its next phase.

JUST IN: $13 TRILLION BLACKROCK JUST SAID LIVE ON CNBC THAT #BITCOIN ETF INVESTORS ARE HOLDING AND "BUYING THE DIP" “90% OF INVESTORS ARE STEADILY ACCUMULATING” INSTITUTIONS ARE QUIETLY LOADING UP ON BTC THIS IS NOT PRICED IN 🚀

Can’t wait for the AI slop videos and images to inundate this app about this 3…2…1…

Vast majority of the trading is done and we are at $15.5 million in trading volume for the BlackRock staked Ethereum ETF -- $ETHB. Very very solid for a day 1 ETF launch

Great piece from my Bloomberg News colleagues on the self certification rules around prediction markets.

BlackRock's Staked Ether ETF -- $ETHB -- launched with just over $100 mln in assets. Through ~2pm eastern it has traded about $11.1 mln. Pretty good start for any ETF.

BlackRock just gave $ETH a new inflow stream - their staked ETH Trust (ETHB) starts trading today! It's not just another ETH ETF - it's one that actually pays you while you hold it. Here's the rub: IBIT (their Bitcoin ETF) grew to $55B in assets. ETHA (their first $ETH ETF)

I recently found out California lets people keep the original tax rate on inherited property so long as they use it as their primary residence. my terrible next door neighbor who berates children for ringing her doorbell on halloween pays property tax on a $100k value because she

NEW: BlackRock is launching their Ethereum Staking ETF today -- $ETHB. It will have the same fee as $ETHA at 0.25% bps but has a fee waiver down to 0.12% for the first year or first $2.5 billion in assets.

@CFTC and @SECGov Announce Historic Memorandum of Understanding Between Agencies:

Crypto ETFs Could Unlock Trillions in New Capital w/ @JSeyff If financial advisors allocate just 1% to crypto ETFs, the inflows could reach hundreds of billions of dollars. Most portfolios today still have 0% crypto exposure. That’s the opportunity many investors are missing.

People are asking: Is the BILT credit card rollout the worst credit card rollout we've ever seen?

Several councilmembers on the DC City Council have been delaying Waymo because, they say, they want a safety report. The safety report was mandated by a 2020 law. It was due in 2022. It is four years late.

Arguably my favorite part of this rewards/yield debate has been when bankers say “if we allow this, then we’ll see massive deposit flight.” Crypto has already been offering rewards/yield on stablecoins FOR YEARS. Where is the deposit flight? Is it in the room with us right now?

The utter dichotomy on my timeline right now

It's pretty clear that essentially all of finance will move on blockchain-based rails in the coming years. The only real question left is how much value gets captured by tokens vs. other entities. That will be the battleground for the next cycle.

“The market will regulate itself” The market:

Crude Oil has to be impossible to trade right now Red = Transportation Secretary Chris Wright says the Navy escorted a ship through the Strait of Hormuz, -8.3% Blue = Social Media post deleted, +5.49% Green = repost below, potential mines in the Strait, +9.57%

A math prodigy was accepted to Harvard at age 15 for what could have been a lifetime of achievement. But after living in the wilderness in Montana and writing a prescient manifesto about industrial society, his life would drastically change due to packages he sent in the mail.

Who were the buyers of those Solana ETFs? The top of the list is a who's who of market makers and crypto investment firms.

Like Solana this is really impressive given these launched into a brutal 45% drawdown. Traditionally, inflows are near imposs for ETF having a reverse shiny object moment, and esp if they are brand new. My guess is this is largely XRP super fans vs casual retail.

The XRP ETFs have actually held up pretty well despite the massive pullback in price. They've taken in a cumulative $1.4 billion since launch.

BREAKING: For the first time in its 52-year history, the U.S. Nuclear Regulatory Commission has approved the construction of a nuclear reactor based on core coolant technology invented AFTER 1960. It's about time!