Seen a few nonsensical things on the TL.
Binance is the victim of a hack.
FTX was the perpetrator of a fraud.
Binance executives have reacted with speed, coordination and transparency.
FTX executives lied, misled, and attempted to manipulate the market.
"In an interesting sense, the conversation we are having is the exact convergence of crypto and TradFi at the intersection of in-kind creations and redemptions.
The crossover between crypto rails and TradFi rails.
We’re at the cutting edge."
Pretty amazing that of the 15 large investment firms interviewed, not a single one cut their allocation during a ~50% drawdown.
Some bought more.
Who has the diamond hands?
Highest volume day of any @solana ETF ever for $BSOL (Bitwise Solana Staking ETF) today..
Over $108 mm in traded volume, and over $261 mm total over the past 4 trading sessions.