A new ETF is live on Diamond and accepting deposits: Robinhood Depth ETF. Link: This ETF rebuilds itself daily with the 12 most liquid tokens on the chain for the epoch. The Depth ETF ranks every pool on the chain by the quote-side liquidity (ETH/stablecoins) rather than the easily-to-manipulate token side to ensure only real pools make it into the ETF each rebuild. This ETF ranks every pool on the chain by the real liquidity, takes the top twelve, weights them so no single name can dominate the basket and then buys. Anything that drops out gets sold, anything new gets bought. Right now, with the first build, the ETF contains $STANDARD, $PIPEDOG, $NVDA, $PONS, $SGOV, $CASHCAT, $GOOGL and others. We've also rebuilt the Ecosystem ETFs page for easier understanding of what ETFs are currently live and can be deposited into versus ones that are coming.

Happy Saturday! Some more photos from this week. Coffee and some editing this morning. Pairing them with the Hankook Ions is the ultimate comfort on the road. Huge difference over Michelins. If you’re due for tires or in the market for new ones, these are the way to go.