Introducing Automated Token Portfolios (ATPs).
The first institutionally managed strategies that live directly in your custody.
Today, @Bitwise is launching the Mag7X, the first in a series of ATPs.
Today, Bitwise is launching Automated Token Portfolios (ATPs): institutionally designed model portfolios for tokenized stocks that live directly in your crypto wallet—powered by @Coinbase Tokenized Stocks.
Bitwise designs the model, you hold the tokenized stocks in your own wallet, and @Glider__ keeps your holdings aligned automatically, without ever taking custody.
Only available to non-U.S. persons (as defined in Regulation S of the Securities Act of 1933) in eligible jurisdictions outside of the U.S. 🧵
What is happening with $NVDA is exactly why you buy an index instead of the single-name.
$NVDA down 30% in a month.
Meanwhile, $SOXX down 14% in a month.
The sector is still strong. $AMD up 10% today.
@ekrahm Honestly weak response. If Claude is just going to do everything, what are we doing here?
Claude can do things, but every founder should be able to deliver a product better in their niche better than Claude.
AMMs do not “upgrade markets”
For stocks:
They are capitally inefficient for makers.
They produce worse execution for takers.
TSVs have made a mockery of what tokenized equities should be.
They should be permissionless and traded bilaterally or via CLOB.