Collective Shift

Bitcoin ETFs Bigger Than Silver; Ethereum’s Next Catalysts; Jupiter Airdrop on Solana

January 24, 2024 Collective Shift
Collective Shift
Bitcoin ETFs Bigger Than Silver; Ethereum’s Next Catalysts; Jupiter Airdrop on Solana
Show Notes

Matt, Nick, and Leon discuss whether the Bitcoin ETF launches were successful. They also share updates on Ethereum’s upcoming catalysts as well as various altcoins.

Key Takeaways 

  • The recently launched Bitcoin ETFs already have nearly $30B in assets under management, surpassing the $11B held in silver ETFs.
  • As expected, the SEC delayed a decision on Fidelity’s spot Ethereum ETF application. The dates to watch are May 23 and May 24 because the SEC must approve or deny two active applications.
  • Testing of Ethereum’s upcoming ‘Dencun’ upgrade continued with some minor hiccups. While there is no official mainnet launch date yet, many expect Dencun in late March or early April.
  • Jupiter confirmed its JUP token will launch on January 31. In a year that will feature many airdrops, JUP is one of the most highly anticipated.