Lido Looks Like a Good Risk/Reward (Core Strategy Rebalance)

Jun 21, 2024

In today’s video, we discuss our tactical caution, the divergence between equities and crypto, and why we think that, despite our near-term views, now is a good time to build a position in LDO.

Lido Looks Like a Good Risk/Reward (Core Strategy Rebalance)

LDO -0.41% , MKR 10.60% , PENDLE -2.07% , BTC 1.24% .

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Today's Crypto Comments video discusses the first-day volume for the spot Bitcoin ETF (BTC), capital rotations into ETH, the timeline for a potential Ethereum ETF, and continued stablecoin flows. https://vimeo. com/902084986/c05908463d? share=copy

Today's video discusses the significant rally in Grayscale's Trust products, GBTC 1.37% , EHTE, and spot BTC, fueled by the SEC's decision not to appeal the Grayscale case. We note an increase in the aggregate market capitalization of the top 10 stablecoins and the third consecutive week of inflows into digital asset ETPs, which suggest that flows into the crypto economy might be improving. Finally, we dive into the factors affecting the...

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