MEMECOINS, ETFs, & CENTRAL BANK CLASHES 🪙
1/8
Errol Musk’s “Musk It” memecoin wants to raise 200M for the Musk Institute—but it’s already down 52% since launch. Is this another flash in the pan, or can a Musk name (minus Elon) still spark gains?
2/8
The token (MUSKIT) trades at $0.02, market cap at 25M. Celebrity-themed memecoins often burn hot then fizzle—yet Trump’s memecoin success sets a precedent. Could Errol replicate it?
3/8
Big institutional move: The SEC just granted initial approval to Bitwise for a spot BTC/ETH ETF! Crypto goes mainstream. Allocations: 83% BTC and 17% ETH, mirroring market cap heft.
4/8
Following similar green lights for Hashdex & Franklin Templeton’s dual-crypto ETFs, institutional adoption is revving up under Trump’s crypto-friendly SEC. Is a new rally on the horizon? 🤔
5/8
Meanwhile, ECB President Christine Lagarde slammed the idea of Bitcoin in central bank reserves. 🇪🇺 “It’s gotta be liquid, secure, & safe,” she says—BTC isn’t up to snuff. But the Czech National Bank? They’re open to exploring “other asset classes.”
6/8
This Euro divergence contrasts with the US, where Trump’s digital asset push is fueling crypto-friendly moves. Central banks are split—some see BTC as an opportunity, others call it too volatile. ️
7/8 Which storyline will shape 2025 the most?
A) Memecoin Frenzy 🤡
B) Spot ETFs
C) Central Bank Debates ️
Tell us! this is just the beginning… ⏳