Wake up, brothers. Unless there's a new turning point, don't expect US stock funds to come into the crypto space to scoop up assets. The so-called institutional entry was actually institutions learning our tricks, then shutting the door, letting Crypto play in the mud by itself.

One of the biggest selling points of cryptocurrencies has long been 24/7 trading. Now, with the NYSE also operating around the clock, funds looking to gamble into the crypto space now have a more compliant and familiar casino.

Weekend trading has also come to an end. Veteran crypto traders know that weekends are often times of increased volatility and wild coins flying around, because US stock markets are closed, and global speculative funds have nowhere to go, so they mess around in crypto. Once US stocks go 24/7, weekend liquidity will be siphoned by US stock giants. Funds will tend to move toward trading in more liquid and fundamentally clearer tech giants, rather than playing with air on the blockchain.

Another point is high volatility and high leverage. US stock options expiration has already become quite crazy, and with 24/7 trading, the casino-like nature of US stocks will deepen further. This will attract a large amount of high-risk, high-reward Degen funds.

It turns out Wall Street didn't look down on 24/7 trading; it was just that technology or regulation lagged behind. The combination of strict compliance and around-the-clock liquidity is a crushing blow to Crypto, which still exists in a gray area. 😀

We used to be playing on the Vanguard test server 🤣🤣