1/ The US is still on the fence wrt crypto. But the rest of the world isn’t waiting on the sidelines anymore. Non US policymakers are embracing crypto Non US consumers are using crypto Let's dig in 🧵

After 11 trading days, the Bitwise Hyperliquid ETF $BHYP has surpassed over $100 million in AUM.* Thankful to BHYP investors and the Hyperliquid community — and grateful to play a role highlighting one of crypto’s most exciting projects. - $105M in AUM - Average daily volume: $35.1M - Total inflows: $81.8M - Only spot Hyperliquid ETP to publish the fund’s wallet addresses - 10% of the Fund’s annual management fee will be held as HYPE on the Bitwise balance sheet** - In-house staking Hyperliquid. *All figures as of 4 p.m. ET on 6/1/26. ** Minimum holding period will be 12 months.

Exposing your entire onchain history to the world is insane. But you do it with every purchase on your crypto card and every transaction to a friend. That ends today. @AnomaPay V1 is LIVE on @ethereum. Get started: anomapay.app

Are you a builder in NYC for @ethconf? @ElectricCapital is hosting a limited number of intimate, hands-on conversations during the week. Meet 1:1 with partners and industry experts to chat about product, gtm, fundraising, or design. Apply here: airtable.com/appxhXa7rkXrYXu…

Quantum computing has become a major topic within Bitcoin discussions. The team dives into Bitcoin's quantum readiness and why investor education remains critical in a new episode of Bitcoin Brainstorm. Watch. ark-invest.com/podcast/bitco…

In NYC for @ethconf ? Electric Capital is hosting a limited number of founder conversations during ETHConf New York. Meet 1:1 with investment partners and industry experts for a tactical conversation about product, g2m, fundraising, or design. Apply today via the link: airtable.com/appxhXa7rkXrYXu…

Morpho just dropped the Midnight whitepaper — a clean fixed-rate primitive. My take: it’s the clearest sign yet that fixed-rate DeFi is moving from “build the market” to “make it actually usable.” But here’s the key difference most people are missing…

frxUSD is one of the fastest-growing stablecoins and is gaining a first-mover advantage on Aave V4. Always appreciated the energy and execution of @samkazemian and the Frax team.

Young investors are demanding a high-stakes, high-speed, social way to trade. Welcome to crypto trading fight night. on.wsj.com/3RAt4Bw

We're pleased to announce that Legend has raised a $3.5 million seed round, led by @ElectricCapital, with participation from @ambergroup_io and @GSR_io, bringing our total raised to over $5 million.

You can now go long or short on the world's most valuable private companies. $ANTHROPIC, $OPENAI, $SPACEX via @PreStocks. Up to 3x leverage.

This week I'm releasing a 1h conversation with @avichal, Co-Founder of @ElectricCapital and Chairman of @crypto_council. Avichal and I discuss why crypto's institutional moment is earlier than you think, why digital assets will eat gold and silver, and what it takes to survive 15 years of building in this space. We talk about: - Why ETH is where Bitcoin was in 2019 and what that means for the next 5 years - Stablecoin banks vs neobanks why spending on-chain is addictive once you try it - Solana as the AWS of crypto - computational layer for retail financial transactions - Why digital gold (BTC) and digital silver (ETH) will eat trillions in market share - The hundreds of L1s thesis - why we're nowhere near blockchain saturation - Resisting temptation and separating signal from noise in a hype-driven industry And much much more…. Out this week!

1/ We @ElectricCapital want to invest in 26 ideas that give users control, privacy, & access. Why now: •Trust in institutions is collapsing •AI centralizes power but lowers build costs •User-owned tech defends personal freedom data.electriccapital.com/pos… 👇

1/ Ethereum hosts the world’s largest decentralized financial system. And its lead is compounding. ETH's network effects built over 10 years are nearly impossible to replicate. For its 10th birthday, here’s the data showing where Ethereum leads & why it’s not slowing down:

ETH ETF holdings (in terms of ETH) have quietly gone up >20% since June 1

Stablecoins are spreading the dollar faster than any financial tech in history. And Ethereum is becoming the financial backbone. For Ethereum’s 10th birthday, we’re publishing our updated @ElectricCapital ETH thesis: Remaking the Case for ETH 🧵 1/

Just decompiled Robinhood's tokenized stock contracts. It's a walled garden, every transfer checks a registry of approved wallets (kyc/aml) It's unlikely these tokens can interact with defi It's very possible cefi with distribution just outcompetes existing defi protocols

1/ NFT minting is at ATH—94% on @base . But no one’s talking about it. Why? Because the NFT space is still obsessed with volume & floor price. We need to update our thinking on NFT metrics. Here's my proposal, based on my talk at @EthereumDenver :

The brightest minds in DeFi are coming together on Feb 28 at ETH Denver. Explore the ETH Rising agenda for the full schedule, featured speakers, and sessions on Ai, RWAs, staking, and more: ethrising.xyz

1/ Many people think stablecoin legislation is just about fixing some arcane tradfi/tradbank regulatory rules. It's actually the first big step in bringing all of finance onchain. Here's why 🧵