qri 🌿 (qri)

@cityonbase onbase , join_base_city, I CREATE

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ProShares just filed for a new crypto ETF that includes Internet Computer ($ICP). This isn't just another Bitcoin ETF; this is the CoinDesk 20 (CD20) Index fund, and its strict inclusion rules are the most bullish signal for $ICP we've ever seen. We do the math on what this means for the $ICP price.

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‎In this analysis, we are doing a deep dive into the official SEC filing from ProShares for their new "CoinDesk Crypto 20 ETF". This is the most significant institutional news for the Internet Computer ($ICP) this year, and possibly ever. ‎ ‎While most people are distracted by the small 0.37% weight, they are missing the real story. The real news is in the methodology required to get into this index.

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recast:farcaster://casts/0x2170494dfc6510129d833fbc4503bca9a0979cb3e34c28bd71e15aa23719f51a

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