Ruben Brons

Flow Traders: Market Making | OTC | Investments | DYOR

[Cameron Winklevoss @cameron]

Great meeting the @FlowTraders team in Amsterdam. They have promised to come on @Gemini’s livestream with @austinoakes next time they are in New York and give us their latest takes on crypto, markets, and more! 🎙️😃🚀

[Ruben Brons @BronsRuben]

Congrats to our PortCo @bluefinapp launching their spot product on @SuiNetwork. This comes after their milestone of trading $30b+ in perps.

[Bluefin @bluefinapp]

1/ Today, we are excited to announce the launch of Bluefin Spot, powered by the @SuiNetwork! This launch is a significant step towards our vision of building the most powerful decentralized trading system.

Swap Now: https://t.co/NzCKldy7KD

[Bitcoin Magazine @BitcoinMagazine]

JUST IN: 🇺🇸 US #Bitcoin ETFs surpass $100 billion in assets 🚀

[Shayne Coplan 🦅 @shayne_coplan]

It’s discouraging that the current administration would seek a last-ditch effort to go after companies they deem to be associated with political opponents. We are deeply committed to being non-partisan, and today is no different, but the incumbents should do some self-reflecting and recognize that taking a more pro-business, pro-startup approach may be what would have changed their fate this election.

Polymarket has provided value to 10's of millions of people this election cycle, while causing harm to nobody. We're deeply proud of that.

I'm also proud to say that the future of America, and in particular American entrepreneurship, has never been brighter.

In the face of adversity, we build 🦅

[Ruben Brons @BronsRuben]

👀 🚀

[Mike Novogratz @novogratz]

ICYMI: This week Bitcoin—a 15 year-old asset—surpassed silver—a 5,000+ year-old asset—to become the 8th most valuable asset in the world 🚀🚀

[Ruben Brons @BronsRuben]

Recapping on @EFDevcon , the week in which Bitcoin has surged past $90,000 reaching ATHs, while significantly outpacing Ethereum's slower rise to around $3,200 during its spotlight week. The ETH/BTC ratio now sits at 0.036, down from highs of 0.08 in 2021, reflecting ETHs lag in price performance relative to Bitcoin in this bullish cycle spurred by recent macro and pan-US events.

While this underperformance may seem concerning, it holds potential upside for Ethereum in the long haul. Ethereum’s relatively low positioning and underweight status among insti investors reflect a market imbalance that won’t be corrected in a weekend. Recent months have brought concerns around high-FDV/Low-float launches, capital shifts toward memes, and growth of competing ecosystems, signaling shifts within the crypto landscape.

Despite these trends, several notable announcements were made at DevCon2024. Ethereum co-founder Vitalik Buterin outlined the platform’s vision to evolve as a “world computer,” emphasizing its role in nurturing a diverse on-chain economy and a global community. This vision follows Ethereum’s successful transition to PoS and the implementation of L2 OP/ZK roll up solutions, which have significantly reduced transaction fees and set step in enhancing scalability.

Additionally, Ethereum Foundation researcher Justin Drake introduced the “Beam Chain” proposal, aimed at advancing Ethereum’s consensus layer. This initiative, with no definitive timeline, seeks to achieve faster block times (from 12 seconds to 4 seconds), reduce validator stakes (from 32 ETH to 1 ETH) and proposes the adoption of zk-SNARKs to improve scalability and security.

On the institutional front, Franklin Templeton announced the expansion of its $410m MMF to the Ethereum blockchain. ETH-based ETFs have also seen steady inflows over the past week, adding to the narrative of growing institutional interest.

As we approach the end of Q4, it will be interesting to see how these developments shape Ethereum’s trajectory and influence the broader market

#crypto #blockchain #ethereum #btc #trading #cryptonews #devcon

[Ruben Brons @BronsRuben]

5/5 Bottom line: Regulatory clarity, institutional inflows, and corporate adoption could set the stage for substantial Bitcoin and broader DA growth in 2024. We’re on the cusp of an interesting phase in the market.

[Ruben Brons @BronsRuben]

1/5 My 2cents on the market: Crypto sentiment running high post-@realDonaldTrump win, with optimism around his push for regulatory clarity (opposed to current admin) and potential push to replace SEC chair Gensler. This could open up major avenues for insti capital in the space.

[Ruben Brons @BronsRuben]

4/5 The appetite for #bitcoin ETFs in the US is clear—11th of Nov alone saw $1.1B in inflows, with @BlackRock IBIT leading at $756.5M. CME Bitcoin futures also show a 12% annualized premium, reflecting high demand from serious players.

[Ruben Brons @BronsRuben]

Great turnout yesterday at our event hosted with our PortCo @aprMEV and partners @PanteraCapital and @ValidationCloud

@kingchris @JcHK5 @EFDevcon

[Ruben Brons @BronsRuben]

Seamless cross-chain txs’ are key to unlocking accessibility, reducing capital fragmentation, and creating real interoperability— these are critical, long-term steps to onboarding more institutions on-chain.

[Wormhole @wormhole]

Institutions globally are choosing Wormhole for taking tokenized assets multichain.

With recent institutional integrations, including all @Securitize tokenized funds, @FlowTraders, @GoogleCloud, @AMD, and more, Wormhole is the secure and flexible interoperability platform powering the future of onchain finance.

Learn more about Wormhole for Institutions and start integrating ⤵️

https://t.co/r8ThQ0DAql

[Ruben Brons @BronsRuben]

Traveling to Bangkok next week for @EFDevcon. DM to chat liquidity, OTC and Venture.

[Flow Traders @FlowTraders]

Bangkok we're coming for you! 🇹🇭
The Team will be attending @EFDevcon 2024 in Bangkok. Make sure to reach out to @BronsRuben, @JcHK5 or @ChloeHan37 to set up a chat! See you there! 👋

[Ruben Brons @BronsRuben]

Following last week's record-breaking inflows of $870M we saw an additional $646M+ influx post Election Day as a Republican sweep looks increasingly likely. CME Futures premiums remain elevated, with the basis trade still yielding annualized returns around 14%+ for traders.

[matthew sigel, recovering CFA @matthew_sigel]

Flow Traders ($FLOW NA) Gets It

Digital Assets' Underlying Technology Expected to Drive Significant Transformation Across Global Financial Markets.

[Ruben Brons @BronsRuben]

@FlowTraders has partnered with @wormhole , joining leaders like Google Cloud, AMD, and Securitize in advancing blockchain interoperability for institutional finance.

[Flow Traders @FlowTraders]

Cross-chain transactions are the future of DeFi! 🚀 With seamless asset transfers across networks, cross-chain tech increases accessibility, drives liquidity, and unlocks interoperability across ecosystems. Our partnerships with @wormhole is paving the way! https://t.co/gI7SHOXW6L

[Flow Traders @FlowTraders]

Let's make a move! 👋Thank you for stopping by our booth today during #EthCC hosted by @movementlabsxyz

Did you pick up the Flow Traders swag and meet the team? Tomorrow is another chance to connect with the BD team on the ground, contact them here https://t.co/ioBLJb31AE

[Ruben Brons @BronsRuben]

Reach out if you want to connect in Austin

[Flow Traders @FlowTraders]

The team is excited to be heading to @consensus2024 next week to connect with institutions and partners and discuss new opportunities. Reach out if via Telegram if you’d like to connect !

[Flow Traders @FlowTraders]

1/Today, as @Bitcoin's block subsidy halves from 6.25 to 3.125 BTC, we also look back on the first 100 days since the US approved Bitcoin spot ETFs. The AUM battle has been fierce, so let's back all the way from the lead-up and launch, to changes in market structure and volatility…🧵