Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Ryan Sean Adams

๐Ÿ‘ค Speaker
3675 total appearances

Appearances Over Time

Podcast Appearances

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

Yeah, it's far too low.

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

We need ETH to be in the future.

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

But maybe Harvard is going to get us there, David, okay?

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

Because this was interesting on the week.

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

You know, Harvard, they have a big endowment.

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

This is some of the institutional capital flowing around in crypto.

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

They just sold some of their Bitcoin and purchased some Ether for the first time.

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

in the form, of course, of an Ethereum ETF.

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

So they sold 21% of their Bitcoin ETF and rotated that back into an Ethereum ETF.

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

This is their first ETH purchase, about $90 million.

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

That's doing a switcheroo, playing this ratio.

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

Is this a quantum trade?

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

Ah, interesting.

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

Quantum fud for Bitcoin.

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

would claim as such.

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

It will rise like a phoenix from the ashes, huh?

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

Is that what's happening now?

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

If you're curious, the total Harvard portfolio is about 1% crypto right now.

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

So they still have a ways they could grow that on both the Bitcoin and Ether side.

Bankless
ROLLUP: Prediction Market War | Base Leaves Optimism | Tomasz Exits EF | Clarity Act Lives | Harvard Buys ETH

And maybe they can move down market as well.