Europe's largest asset manager just put an equity index fund on Ethereum.
Amundi tokenized an equity index fund on $ETH (Altcoin Buzz, Nov 6).
Same day, spot ETH ETFs lost nearly $100M in net outflows (SoSoValue) and ETH slid to around $2,230.
Takeaway: price is bleeding, but the rails keep getting built. Institutions are using Ethereum as settlement infrastructure while traders fight over leverage.
Which matters more for $ETH over the next year: ETF flows or real-world asset tokenization?
#Ethereum #RWA #Tokenization
Amundi tokenized an equity index fund on $ETH (Altcoin Buzz, Nov 6).
Same day, spot ETH ETFs lost nearly $100M in net outflows (SoSoValue) and ETH slid to around $2,230.
Takeaway: price is bleeding, but the rails keep getting built. Institutions are using Ethereum as settlement infrastructure while traders fight over leverage.
Which matters more for $ETH over the next year: ETF flows or real-world asset tokenization?
#Ethereum #RWA #Tokenization