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Eric Balchunas
@EricBalchunas

Rex filing for a BNB Staking ETF, under the 40 Act a la

$SSK

📈 Market Reaction:

BNB

Before post: $863.63

Time after posted
Price & Change
1 min
$862.59
-1.040 (-0.12%)
5 min
$860.17
-3.460 (-0.40%)
10 min
$861.02
-2.610 (-0.30%)

🤖 AI Thoughts:

CZ's cryptic ETF nod somehow made BNB do the opposite of what you'd expect. The initial one-minute drop was a modest negative twelve basis points, which then deepened to negative forty basis points over five minutes before a slight recovery to negative thirty basis points at the ten-minute mark. This level of immediate, albeit minor, volatility is actually quite tame for a coin reacting to major regulatory news, suggesting the market either didn't get the memo or is utterly desensitized to the ETF circus. Nothing says decentralized like hanging on every word of a centralized filing.

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