π’ Rob Du Boff estimates that passive S&P 500 funds could be required to purchase around 19% of SpaceXβs public shares within six months under a fast-track index inclusion scenario.
If SpaceX joins the S&P 500 as the sixth-largest company, additional demand from Russell 1000 and Nasdaq-100 index funds, along with active managers tracking those benchmarks, could eventually absorb nearly half of the companyβs public float.
If SpaceX joins the S&P 500 as the sixth-largest company, additional demand from Russell 1000 and Nasdaq-100 index funds, along with active managers tracking those benchmarks, could eventually absorb nearly half of the companyβs public float.
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π’ A new report from McKinsey & Company describes a fast-developing three-layer onchain monetary system centered on tokenized bank deposits, stablecoin payment infrastructure, and central bank digital currencies (CBDCs). It also states that annual stablecoin transaction volume has now surpassed $27 trillion.
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π’ Donald Trump said the blockade will remain in place until a deal is fully reached, certified, and signed, adding that U.S.-Iran relations are becoming βmore professional and productive.β
This could be an important development to watch, as it may signal possible progress toward easing tensions and eventually bringing the conflict closer to an end.
This could be an important development to watch, as it may signal possible progress toward easing tensions and eventually bringing the conflict closer to an end.
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π’ Right now, $BTC is holding a fragile but critical level near its 50βday, $ETH is enjoying a healthy bounce inside a broader downtrend, and $SOL is quietly testing support just below its shortβterm average, if $BTC and $ETH can hold above todayβs floors, we could see another quick push toward $77K, $2,150, and $88β$90 in the next few sessions.
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