The ETHE outflows from Grayscale are distorting the perspective of inflows from other issuers. In just 5 trading days, Blackrock's $ETHA accumulated more ETH (151,822) than there is on ZkSync (141,837) per Arkham) As we covered in our ETH ETF piece, we noted that we believe

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🚀 The Future of $pzETH and Symbiotic 🚀 Join us as Renzo and Symbiotic delve into the future of $pzETH - Economic security - Asset expansion - Unique use-cases - Long-term vision Hosted by Ian from Kairos Research and Misha Symbiotic Lucas Kozinski | 🇵🇱🇺🇸 Kratik Lodha 🦇🔊 from

🚀 The Future of $pzETH and Symbiotic 🚀 Happening today! Renzo and Symbiotic will delve into the future of $pzETH in a Twitter Space, covering economic security, asset expansion, unique use-cases, and their long-term vision. 🗓️ Date: Today, Friday, 2nd of August ⏰ Time: 3

CT has a unique talent of endlessly arguing about trivial matters, oblivious to the real forces reshaping the market. Despite recent volatility during this weeks correction, inflows to ETF issuers for both BTC & ETH have continued. As it stands today, Blackrock & Fidelity ETFs

Shared some thoughts on wBTC <> Maker in our TG channel yesterday Link to join & stay up to date t.me/+EPv-1zNZyloyN…

EigenLayer Symbiotic Babylon Jito

Swell Network launched their $swBTC LRT this morning, a vault that deposits strictly $wBTC into Symbiotic (and eventually Eigenlayer & Karak) to secure a number of AVSs already committed to using wBTC as validator collateral. Notably, the vault has built out smart contract

Blackrock has more ETH than the Ethereum Foundation

Earlier this week we covered the launch of Swell's new Bitcoin LRT, $swBTC Within roughly 3 days the product has seen 218 $wBTC deposited, around $12.57m at current prices At the time of writing, the Curve pool has $2.75m of liquidity, split 48.9% $wBTC | 51.1% $swBTC

There's currently a gov prop (RP-1) from Renzo / Renzo Governance that is set to pass, having successfully reached quorum This will officially begin the Renzo Amore program which aims to allocate 5% of the $REZ supply toward continued incentives for Renzo's various LRTs.

This should be a wake up call to all the protocols out there that don't make any revenue Even the largest DeFi protocol by TVL struggles with profitability, despite all the other impressive KPIs Spot Wiggum mentioned below The silver lining is that despite Lido's business

According to data from Nansen 🧭 | TOKEN2049 🇸🇬🏎️, the amount of ETH on exchanges has decreased 3.43% since the ETH ETFs began trading on July 23rd of this year, totaling a net-outflow of 787,324 $ETH Over the same period of time, exchanges have seen a 7.13% increase of stablecoin net-inflows,

The Bitcoin LRT space continues to grow, with EigenLayer announcing permissionless token support today Reminder that Swell's $swBTC allows users to earn staking rewards across Eigen, Symbiotic, and Karak alike - with withdrawals are enabled from day 1 TVL is

Last week we saw Renzo announce as the first LRT on Jito's (Re)Staking platform with ezSOL, expanding their product footprint to Solana's rapidly growing DeFi ecosystem. Today we have Fragmetric announcing as the first Solana-native LRT for Jito (Re)Staking,

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"Yes, there are dozens of chains with different trust assumptions, capabilities & costs, but now users must learn how to bridge their assets to use a new application." - Kairos Research Web3 is entering its next evolutionary phase; chain abstraction is a non-negotiable part of it.