Loader
logologo
Alpha Zone
Analysts
My Reading List
Log in
DeFiGaming & MetaverseInfrastructureMarketsNFTs
QCP London and New York Colour
QCP Capital
main
  • As BlackRock's BTC spot ETF becomes the fastest ETF ever to cross $20b in size, we are seeing more follow suit with Thailand's SEC approving the first BTC spot ETF and Australia's first BTC spot ETF starting to trade today.
  • Unprecedented inflow access for traditional capital around the world will undoubtedly keep BTC price supported. BTC has touched 71k into the NY session.
  • We expect a further boost to this bullish momentum with NFP this Friday. The markets are pricing in 0% chance for a rate cut in June and July, A weaker NFP number might change that. Could this be the catalyst to break all-time highs?

New Strategy Alert

We expect ETH to play catch up here especially with the ETH spot ETF about to go live. Snatch up some ETH at discount with the Early Delivery Accumulator.

Unlike the regular Accumulator, you buy coin at discount upfront (4 observations worth) instead of week by week, thereby reducing the chance of price rallying past the upper barrier.

ETH Early Delivery Accumulator

You buy 12.5% of your deployment upfront at 3380 (11.4 discount to spot!). From the 5th week onwards, you buy at 3380 every Friday as long as spot price is below 4400. Expiry: 20-SEP (16 weeks) **Strike: 3,380 (-11.4%) Early Delivery: First 4 weeks are settled immediately Upper Barrier: 4,400 (+15.33%) Observation Frequency: Weekly starting from 5-JUL (ETH Spot Ref: 3,815 ) *please check with the desk for additional details

You might also like
Article cover
Weekly Market Positioning Update – [w/c April 28th]
Alpha
Disclosure: The authors of this content and members of Nansen may be participating or invested in some of the protocols or tokens mentioned herein. The foregoing statement acts as a disclosure of potential conflicts of interest and is not a recommendation to purchase or invest in any token or participate in any protocol. Nansen does not recommend any particular course of action in relation to any token or protocol. The content herein is meant purely for educational and informational purposes only and should not be relied upon as financial, investment, legal, tax or any other professional or other advice. None of the content and information herein is presented to induce or to attempt to induce any reader or other person to buy, sell or hold any token or participate in any protocol or enter into, or offer to enter into, any agreement for or with a view to buying or selling any token or participating in any protocol. Statements made herein (including statements of opinion, if any) are wholly generic and not tailored to take into account the personal needs and unique circumstances of any reader or any other person. Readers are strongly urged to exercise caution and have regard to their own personal needs and circumstances before making any decision to buy or sell any token or participate in any protocol. Observations and views expressed herein may be changed by Nansen at any time without notice. Nansen accepts no liability whatsoever for any losses or liabilities arising from the use of or reliance on any of this content.