π₯ What you missed this week π
Archie Keshan
June 29, 2025
Archie Keshan
June 29, 2025
GM. This is Milk Road, the only newsletter that delivers market insights and unicorns in the same scroll.
Hereβre the quick highlights from the week:
βοΈ We have a new crypto unicorn
ποΈ This cycleβs altcoin play: crypto equites
π The tension in the Middle East is easing
π² Top 3 tokens on the Virtuals ecosystem
Grayscale is the OG crypto asset manager. Check out Grayscaleβs βBTCβ ETP – the cheapest way to get exposure to Bitcoin
π Polymarket raised $200M at a $1B valuation making it the latest crypto unicorn. (read more)
π Ethereum is absolutely killing it. Weβve outlined 3 reasons weβre still bullish on $ETH. (read more)
π In 2025, crypto equites like $CRCL, $COIN and $HOOD will lead altcoin seasonβ¦ and weβre already seeing signs of this in action. (read more)
π BNB Chain is dominating DEX volumeβ¦ but its other metrics (like total value locked and app revenue) are mostly flat. (read more)
π We dropped an article on Bitgetβs Unified Trading Account (UTA) that lets you trade spot, futures and margin all from one place.* (read more)
πΒ The Wolf Of All Streets (or Scott Melker) joined the pod to explain why the best altcoin play isnβt actually altcoins. (Spoiler: itβs crypto equities) (listen in)
π Co-founder of Tether, William Quigley, breaks down why the crypto market could be on the verge of a major breakout. (listen in)
Pop quiz: Who is the only asset manager with two Bitcoin ETPs?
Answer: Grayscale!
Most of you might have heard about $GBTC – their flagship Bitcoin ETP.Β
But their other ETP, BTC, might actually be the better choice. Hereβs why:
BTC is the cheapest Bitcoin ETP in the U.S.! π₯
With a 0.15% management fee, it undercuts competitors charging 0.19%-0.25%. Sure, the difference might seem small but the savings add up over time.Β
BTC offers the same Bitcoin exposure but with lower feesΒ (sounds like a no-brainer to me).Β
π It seems like the worst of the Middle East conflict is behind us. (read more)
π The FED is planning to add βsneaky liquidityβ to the economy through something called the Supplementary Leverage Ratio or SLR. (read more)
π Believe is a token launchpad where anyone can spin up a coin with nothing but a tweet. The whole thing is down bad but here are 3 tokens weβre watching on Believe. (read more)
Thatβs a wrap on the week and also the first half of the year (yep, weβre halfway in already).
Manifesting green candles for H2.
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