The Ethena ETP product launched by 21Shares could be the key step for $ENA to open the door to traditional finance.
The fundamentals of the Ethena protocol itself are strengthening, and the fee switch mechanism is about to be implemented. If the overall market picks up, $ENA is likely to capture demand from both DeFi and TradFi. Once institutional-grade product channels are established, the scale of capital involved will be on a completely different level.
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ForkYouPayMe
· 12-04 22:08
Is it true that as soon as ETP launches, institutional funds will start flowing in? I doubt it.
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WagmiAnon
· 12-04 11:02
Wait, can ETPs really break into the mainstream? It feels like traditional finance still looks down on us.
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SerumSquirrel
· 12-04 11:00
Wait, 21Shares is directly launching an ETP? This is really different now—traditional finance is starting to take crypto seriously.
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EyeOfTheTokenStorm
· 12-04 10:48
From a quantitative model perspective, the opening of institutional channels has indeed changed the risk-reward ratio, but don’t let short-term enthusiasm cloud your judgment. Historical data tells me that such turning points are often accompanied by pullbacks.
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StrawberryIce
· 12-04 10:47
Wait, this move by 21shares is really brilliant... If ENA really takes off this time, we early birds might just win effortlessly.
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rug_connoisseur
· 12-04 10:35
Traditional finance is always late to the game... but this wave with ENA is actually kind of interesting.
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gas_fee_therapist
· 12-04 10:34
ETP played this move beautifully, and TradFi is finally starting to take some action. With both DeFi and traditional finance closing in, $ENA might really be about to take off this time.
The Ethena ETP product launched by 21Shares could be the key step for $ENA to open the door to traditional finance.
The fundamentals of the Ethena protocol itself are strengthening, and the fee switch mechanism is about to be implemented. If the overall market picks up, $ENA is likely to capture demand from both DeFi and TradFi. Once institutional-grade product channels are established, the scale of capital involved will be on a completely different level.