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$ETH topped $2,000 Amidst Positive Market Developments for the first time since April. This price surge is fueled by BlackRock's initial steps toward filing for a spot ether ETF. The registration of an iShares Ethereum Trust adds to the positive sentiment, mirroring the previous filing for a $BTC ETF by BlackRock. While Bitcoin experiences a pullback from $38,400, the overall market is buoyed by the prospect of ETF approvals, contributing to short liquidations and crypto prices rising.

When it comes to our structure, we rebalanced Blockchain Index on Friday. $IMX was listed on Iconomi, and it falls under our index parameters. We added it with a position of 0.35%. 

$MKR , $AAVE and $INJ fell out of our parameters, and have been removed from the structure. 

The rest of our structure stays the same with minor adjustments to weights. $BTC and $ETH positions remain the same at 40$ and 30% respectively. The biggest weight rebalance is $BNB with a -0.42% change. Its current weight is 6.93%

Over the weekend, we saw good increases all across the board. We will keep our current structure and rebalance at the start of the next year, keeping true to our schedule and structure.

Weekly update. This weekend Bitcoin reached a new yearly high 🚀With the pending ETF there seems to be more upside ahead. Meanwhile major alts are breaking out. Rebalanced to follow trending assets:

20% $TIA - up 3.5x over the last 30D, entered price discovery 🔥🔥

20% $RUNE - up 6x since last summer, our best holding still trending 🔥

10% $BTC $ETH $SOL $LINK $AVAX $INJ

It has been a good week for crypto. $RUNE and $INJ made some nice profits.

Hope you are ready for Merry December 💲💲💲

And another gift for you: N9LWF2HYA9SX (cash in you gift card asap!)

Very glad to see $RUNE and $INJ performing so strong. They keep proving they are the best of best of alts in this bull market. $SOL seems ready to pop as well and keeps showing relative strength.

$ETH and its faster sister $LDO are somewhat lagging $BTC and the strongest alts, but we assume that when the $BTC ETF approval mania hits his high, the news will be sold and the smart money will move to $ETH , the next ETF-approval candidate.

Traditionally year end is good for $BTC and the first months of the new year are strong for $ETH . If history rhymes, we will be ready to profit.

🚀🚀

5/5

While all eyes are on Bitcoin, $INJ and $RUNE started to take off🚀 What is especially impressive is the performance of $RUNE as the rally is mostly driven by its fundamentals. As you can see below, the price continues to follow non-RUNE TVL (total value locked) on their platform👀