The Wolf Of All Streets Strategic Bitcoin Reserve Dead? Ethereum ETFs Rally!
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Jul 31, 2025 Joining the conversation are Edan Yago from Bitcoin OS, who delves into stablecoins and Ethereum's potential, and Eric Balchunas, a Bloomberg ETF analyst sharing insights on the SEC's evolving stance on crypto. Dan from The Chart Guys then uncovers his top trades and technical analysis. The trio discusses the U.S. government's plans for a Bitcoin strategic reserve, the booming interest around Ethereum ETFs, and the changing landscape of Bitcoin's identity amid regulatory shifts.
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Ethereum ETFs Surge Strongly
- Ethereum ETFs gained massive momentum with a 19-day inflow streak in July after a significant price rally.
- It now holds a respectable market share and could grow to around 20%.
Strategic Bitcoin Reserve in Limbo
- The U.S. government is teasing the creation of a Strategic Bitcoin Reserve but has yet to reveal official holdings.
- Implementation likely requires congressional approval and may start via executive orders.
Government Bitcoin Holding Matters
- The U.S. not dumping Bitcoin is positive market behavior compared to other countries.
- Government holding Bitcoin legitimizes the asset and encourages global interest and adoption.