Diversitas is an actively managed strategy combining time-proven, investments like Gold, BTC, and ETH with the high-growth potential of the DeFi sector.
1/5
Morning update:
Another bullish daily close for $BTC๐ We are trading above $70k and the market sentiment is starting to change as the momentum continues to build๐ฅ We continue to print green dots above the trackline. More importantly, the bars have now turned green. Full bull mode is finally here ๐
2/5
Ethereum and altcoins are showing signs of life ahead of potential Ethereum ETF approval. The decision will be made this week but we view it as a risky bet. If not approved, the gains could be quickly taken away so we do not plan to further increase our position๐ค
3/5
ETFs continue to impress and bring in a lot of capital๐ Yesterday, they bought $237 million worth of $BTC ๐ช What is even more impressive is the fact that we stopped seeing GBTC outflows. Now they are actually bringing in some money.ย If things continue this way, we will likely see more than $1ย billion in inflows for the week๐
4/5
Speaking about Grayscale, their CEO resigned and was replaced by an ex-BlackRock and Goldman Sachs executive specialized in mergers and acquisitions. The rumors started to circle around that he took the position as one of the big banks are trying to acquire Grayscale. Too early to say anything but it's clear that big banks are starting to get interested in crypto and tokenized assets. The future is bright!๐ฅ
5/5
And lastly, the on-chain data looks beautiful๐
Low MVRV ratioโ
Low funding ratesโ
Low miner outflowsโ
Low exchange inflowsโ
Low exchange reservesโ
High Coinbase Premiumโ
New highs are near๐
Why did they started to buy again after several days/weeks of inactivity?