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![Delztheplug Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1077606722699755521.png) Delz [@Delztheplug](/creator/twitter/Delztheplug) on x XXX followers
Created: 2025-07-25 16:44:13 UTC

this thesis has a fatal flaw lol. Wall Street is buying spot ETH in an ETF wrapper, not CRV or MKR directly. 
With the ETH ETF holding over 5M ETH, 
how does that capital jump from a regulated product into these high-risk, on-chain DeFi assets? Isn't this just crypto-natives front-running a narrative that has no direct mechanism?


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**Related Topics**
[fatal](/topic/fatal)
[narrative that](/topic/narrative-that)
[onchain](/topic/onchain)
[mkr](/topic/mkr)
[crv](/topic/crv)
[fund manager](/topic/fund-manager)
[wall street](/topic/wall-street)
[ethereum](/topic/ethereum)

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