@dimaroy
BlackRock's new "ETHB" filing is a supply shock waiting to happen. ⚡️
They aren't just planning to hold ETH; they aim to stake 70–90% of the fund's assets (via Coinbase/Anchorage).
Think about the mechanics:
1. Institutional inflows buy "real" ETH.
2. That ETH gets locked into staking contracts.
3. Circulating supply drops.
The market is asleep right now, but if the SEC approves a yield-bearing ETF, the repricing could be violent. Are we ready for institutional staking? 🐂
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