#bstockscis @BinanceCIS One chart from the early bStocks data surprised me.
As of June 25, around 53% of bStocks holdings were concentrated in the “Space” theme, while semiconductors represented roughly another 37%.
Together, that was close to 90%.
This is a useful reminder: infrastructure can diversify what is available much faster than users diversify what they pay attention to.
Tokenization may widen the menu, but narratives can still concentrate capital heavily.
That makes $SPCXB interesting to study from two angles at once: it is an access product, but it was also sitting inside the dominant theme in that early bStocks dataset.
I see that as context — not as a bullish or bearish signal.
As of June 25, around 53% of bStocks holdings were concentrated in the “Space” theme, while semiconductors represented roughly another 37%.
Together, that was close to 90%.
This is a useful reminder: infrastructure can diversify what is available much faster than users diversify what they pay attention to.
Tokenization may widen the menu, but narratives can still concentrate capital heavily.
That makes $SPCXB interesting to study from two angles at once: it is an access product, but it was also sitting inside the dominant theme in that early bStocks dataset.
I see that as context — not as a bullish or bearish signal.
