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Daily Brief

Ethereum ETF Ecstasy

gm Bankless Nation, BTC hit its all-time-high two years ago, are we headed higher?
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Nov 9, 20233 min read
Ethereum ETF Ecstasy
Published on Nov 9, 2023
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NEED TO KNOW
ETH ETF Bonanza
  1. 🩶 BlackRock's ETH bet. ETH sprang above $2,000 after a BlackRock Ethereum Trust was registered. It's Bull Season. 👀
  2. 🤔 Gary Wants FTX 2.0? FTX's FTT token is meme-coining after Gary Gensler okayed an FTX reboot if done "within the law." Whatever that means.
  3. 💰 Saylor's $1B Profit. As BTC climbs, Michael Saylor's much-derided MicroStrategy Bitcoin bet is up $1 billion on paper.
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TODAY IN MARKETS
Ether Escalation

📈 Ether Explodes. BlackRock, America’s largest asset manager, officially filed for a spot ETH ETF! Ethereum broke above $2k and is up nearly 10% on the day.

Prices as of 4pm ET 24hr 7d
Crypto $1.38T ↗ 3.3% ↗ 7.0%
BTC $36,579 ↗ 3.0% ↗ 4.6%
ETH $2,076 ↗ 9.4% ↗ 14.5%
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LEARN
What is Coinbase ETH?
Bankless Author: William Peaster

ETH Staking is big business. Lido is catching plenty of heat for dominating the market, but Coinbase is rapidly gobbling up market share with its cbETH product.

Today, in the latest Bankless Guide, we unpack Coinbase Wrapped Staked ETH.

Let's dig in with our latest free Bankless Guide 👇


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LATEST POD
Solana vs. Ethereum
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ETH ded? SOL forever?

After David's experience at the Solana Breakpoint conference and a mildly heated exchange with Chris Burniske, we try to wrap our heads around the budding ETH vs SOL rivalry.

What does SOL look like in the upcoming Bull Market? How should we feel about it? 👇

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What We're Reading
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Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

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