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GM to all of you nutcases. It’s Crypto Nutshell #721 zeroin’ in… 🔭🥜

We're the crypto newsletter that's more thrilling than battling giant sandworms on a desert planet of spice and prophecy... 🏜️🐛

What we’ve cooked up for you today…

  • 😱 The odds are 100%

  • 💧 Global liquidity just went vertical

  • 📉 Long-term holders are selling?

  • 💰 And more…

Prices as at 4:00am ET

THE ODDS ARE 100% 😱

BREAKING: Bloomberg analyst puts odds of Litecoin, Solana and XRP ETF approvals at 100% after 19b-4s rendered 'meaningless'

The SEC just tore the brakes off.

With generic listing standards now in place, the old 19b-4 “review clock” is dead.

Translation: the next wave of crypto ETFs - Solana, Litecoin, XRP - isn’t a matter of if.

They’re a question of when.

Bloomberg’s Eric Balchunas put it bluntly:

“Honestly, the odds are really 100% now.”

Eric Balchunas

Solana’s S-1 just hit its fourth amendment, which means approval could drop any day.

And the impact? Potentially massive.

The last time the SEC rolled out generic standards for ETFs, new launches tripled. Balchunas says we could see 100+ crypto ETFs in the next 12 months.

Yes, a Solana ETF might play out like Bitcoin and Ethereum - hype into approval, a “sell the news” dip, then steady inflows once the dust settles.

But the bigger picture is undeniable: the floodgates are open.

For years, crypto ETFs were a long shot. Now, with Trump’s SEC fast-tracking approvals and Wall Street jockeying for position, they’re becoming the default.

This isn’t just about Solana. It’s the beginning of the ETF supercycle. 🚀

YOUR PERSONAL INFO IS BEING SOLD ONLINE… 😳

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GLOBAL LIQUIDITY JUST WENT VERTICAL💧

In other news, global M2 just went absolutely vertical.

When you price Bitcoin against it, fair value lands around $250,000.

This matters - because global liquidity and Bitcoin have always been tightly linked.

Global Liquidity vs Bitcoin = Fair value $250,000 BTC

And the signals don’t stop there:

  • Gold just broke to new all-time highs 🥇

  • Silver is right behind it, poised to do the same ⚪️

Gold leads, Bitcoin follows

As we’ve broken down before… gold leads.

And Bitcoin follows… more violently.

Get ready. ⚡️

LONG-TERM HOLDERS ARE SELLING? 📉

Let’s check in on one of our favourite metrics: Bitcoin’s supply last active 1+ years ago.

It’s a simple but powerful signal - tracking how much BTC has remained untouched as a percentage of total circulating supply.

Here’s the logic:

  • Metrics rising: long-term holders are accumulating coins 📈

  • Metrics declining: long-term holders are selling coins 📉

Here’s the latest supply breakdown vs. two weeks ago:

  • 🔴 Supply last active 1+ years ago: 60.80% (down from 60.91%)

  • 🟠 Supply last active 2+ years ago: 50.26% (down from 50.45%)

  • 🟢 Supply last active 3+ years ago: 43.15% (down from 43.43%)

  • 🔵 Supply last active 5+ years ago: 30.03% (unchanged 30.04%)

So yes - over 60% of all BTC still hasn’t moved in more than a year.

But notice the shift: every cohort has ticked down slightly.

Some long-term holders finally took chips off the table.

Even so, the core story hasn’t changed. Conviction remains rock-solid.

When this much supply is locked away, it only takes a spark of fresh demand to flip the market.

That’s when deep conviction turns into explosive upside. 💎🚀

CRACKING CRYPTO 🥜

Bitcoin, Ethereum ETF inflows top $1B: Fidelity leads, BlackRock lags. Investors flock back to Bitcoin and Ethereum ETFs, signaling strong institutional demand amid market recovery.

SEC weighs plan to allow blockchain-based stock trading amid crypto push. The SEC is reportedly developing rules to allow tokenized stocks on crypto exchanges, marking a major step toward blockchain integration in US markets.

SOL and LTC ETFs Face Delays in Government Shutdown. Issuers race against the clock as SEC faces possible furloughs and decision deadlines pile up in October.

Stripe to help companies to launch their own stablecoins, reportedly apply for federal banking charter. The new product "enables any business to launch and manage their own stablecoin with just a few lines of code."

WHAT WE’RE READING 📚

Want to get even smarter? Check these out.

p.s. all completely FREE (one click subscribe link)

  • Raremints (link) - Daily crypto news

  • Bitcoin Breakdown (link) - Daily Bitcoin news

  • Techpresso (link) - Daily tech news and insights

  • The Hustle (link) - Get Smarter on Business and Tech

  • Your Next Breakthrough (link) - Personal growth with Mark Manson

  • The Neuron (link) - AI trends and tools to keep you ahead

CAN YOU CRACK THIS NUT? ✍️

Select your answer below and you’ll be redirected to the results page. (answer explanation can be found after “Meme Corner”)

MEME CORNER 😂

Because what would the crypto world be without its share of memes?

Trivia Answer: They give holders voting rights 🥳

Governance tokens like UNI or COMP allow holders to vote on protocol changes. 🗳️

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DISCLAIMER: The content of this newsletter is not financial advice. This newsletter is strictly educational and is not investment advice. Please be careful and do your own research.

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