The U.S. market just opened, and $NEAR immediately flooded the screen.
Bitwise’s spot NEAR ETF is set to list on NYSE Arca tonight. It will be the first U.S. spot NEAR ETF—an annual management fee of 0.75% plus staking yield included. This deal is practically rivaling the ETF of $ETH . The stage is set—but the worry is that it’ll be the same old script where it peaks right at listing.
The macro picture is even more explosive: WSJ reports that Iran’s blockade of the Strait of Hormuz is unraveling. Middle East crude exports have rebounded to 16.33 million barrels per day, a wartime high. WTI is down 3% intraday to $89. Trump said the war will “end very soon,” oil prices are going to collapse, and the U.S. also released 40 million barrels from strategic reserves.
What does this mean for $BTC ? Oil price pullbacks mean easing inflation pressure—so risk assets can catch their breath. But don’t get too optimistic. The Reserve Bank of Australia hiked today to 4.6%, the highest in 15 years. War-driven inflation is still transmitting through. Iran also just issued a tough statement: “I’m not selling oil, and no one will be able to sell it either.” Oil prices could surge again at any moment.
My personal view: you can follow the short-term sentiment repair, but only discuss a reversal after $BTC holds a key level. The ETF tailwind for $NEAR is real, but the initial issue size isn’t very large—don’t get carried away.
NFA DYOR
#BTC #NEAR #ETF #地缘政治 #加密货币
Bitwise’s spot NEAR ETF is set to list on NYSE Arca tonight. It will be the first U.S. spot NEAR ETF—an annual management fee of 0.75% plus staking yield included. This deal is practically rivaling the ETF of $ETH . The stage is set—but the worry is that it’ll be the same old script where it peaks right at listing.
The macro picture is even more explosive: WSJ reports that Iran’s blockade of the Strait of Hormuz is unraveling. Middle East crude exports have rebounded to 16.33 million barrels per day, a wartime high. WTI is down 3% intraday to $89. Trump said the war will “end very soon,” oil prices are going to collapse, and the U.S. also released 40 million barrels from strategic reserves.
What does this mean for $BTC ? Oil price pullbacks mean easing inflation pressure—so risk assets can catch their breath. But don’t get too optimistic. The Reserve Bank of Australia hiked today to 4.6%, the highest in 15 years. War-driven inflation is still transmitting through. Iran also just issued a tough statement: “I’m not selling oil, and no one will be able to sell it either.” Oil prices could surge again at any moment.
My personal view: you can follow the short-term sentiment repair, but only discuss a reversal after $BTC holds a key level. The ETF tailwind for $NEAR is real, but the initial issue size isn’t very large—don’t get carried away.
NFA DYOR
#BTC #NEAR #ETF #地缘政治 #加密货币