spot ETFs is consolidating around narrative durability
Desks that separate spot ETFs from sanctions screening tend to react less emotionally to noise.
Against the backdrop of “Wirex Strengthens UK Board with Appointment of Julian Sawyer as Independent Non” and “Goldman, Citi Commit $270M to Their Own Stablecoin: Can Tether and Circle Hold On?”, positioning still matters more than slogans.
Ignoring governance turnout because Ether looks exciting is how late-cycle mistakes compound.
The gap between on-chain fees and perpetual futures is where false confidence usually builds.
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