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More / Etherum Reddit - 2 years ago

Institutional Capital Inflow / ETFs

TL;DR - ETH ETFs will eventually happen but expect volatility and play safe frens There have now been four SEC applications for a spot Ether ETF, including the latest one from a partnership between Galaxy Digital and Invesco (one of the biggest play...

by COINS NEWS - 2 years ago

Dispelling a common misconception: market cap does NOT represent the net cash inflow into an asset. A $100 purchase can change a market cap by $1 million, while a $1 million purchase could fail to move a market cap by a penny. Here is how it actually work

tl;dr at bottom Introduction About a week ago there was a sudden 10.6% spike in the price of moons after somebody bought a little over 60k of them for about $19k. This price spike was equivalent to a $3.8 million increase in market cap, which is abou...