pantera

🚨 Bitcoin excluded! Why did Wall Street launch a “new crypto index”?

点击进入玖玖的粉丝群

S&P Dow Jones Indices has partnered with Pantera Capital to roll out a brand-new digital asset index, but one detail has caught the market’s attention:
⚠️ This time, the index doesn’t include Bitcoin.
This isn’t bearish on BTC—it's because the index uses a completely different screening logic.

📊 The new index focuses more on:
✅ Blockchain protocol revenue
✅ Real economic activity
✅ The value of ecosystem applications
The first batch of 18 assets includes:
🔹 ETH🔹 SOL
🔹 BNB🔹 TRX
🔹 HYPE, etc.
And because Bitcoin “doesn’t generate protocol revenue,” it wasn’t included.

🔥 What does this mean?
In the past, institutions assessing the crypto market mostly looked at:
BTC market cap, market share, and price performance.

But now more and more institutions are starting to ask:
“Which blockchains truly create value?”
This could indicate that the crypto market is gradually shifting from “looking at price” to “looking at fundamentals.”

However, Bitcoin is still an important asset for institutions entering the market.
📌 An index represents market size
📌 An index represents ecosystem value
In the future, the crypto market may see more evaluation frameworks across different dimensions.

Click my profile to follow me—I'll keep you updated on crypto news
#比特币 #PANTERA

🚨 $SOL & $AAVE LEAD INSTITUTIONAL MASS ADOPTION – NEW INDEX EXCLUDES BITCOIN & MEMES 💥

📌 S&P Dow Jones and Pantera just dropped a digital asset index built for the big money crowd. 🦈 The screening rules are brutal: no Bitcoin, no meme coins – only tokens with real revenue and real-world use cases. 📊 The initial basket of 18 constituents holds over $3 billion in combined revenue from the past two quarters.

💡 This is a massive shift in perception. Institutional allocators now have a systematic way to bet on productive crypto infrastructure – Hyperliquid, Solana, and Aave are in. 💬 This isn't a speculative pump; it's a fundamental stamp of approval that could reshape capital flows. 🤔 Which revenue-generating protocol do you think gets added next? 👇

⚠️ Not financial advice. Always manage your risk. 🛡️

🏷️ #SOL #AAVE #InstitutionalAdoption #CryptoIndex #Pantera

🎯 🦈

🤨Why have 1.29 billion USDT exited exchanges in a single day while deposits on Binance are skyrocketing? We're analyzing on-chain flows, unrealized gains, and the recent bullish trend in BTC price using data from Santiment and CryptoQuant. The balance of the data leans the short-term trend towards bearish, although two possibilities could breathe life into Bitcoin's price📈

💴 Pantera Capital reveals that most tokenized assets are digital copies wrapped to roll in the lanes of "blockchains". They function like "receipts" and are far from holding the sovereignty and independence of Bitcoin and cryptocurrencies inspired by its technology.

Only 2.7% of tokenized assets reach a "native" level of maturity. The rest are wrappers: their digitalization does not change their centralized legal or financial nature. 🍬

#Tokenization #PANTERA #USDT #BTC #Binance $BTC

Pantera's take here is pretty sharp; they're throwing a bucket of cold water on the hot RWA hype. They believe that while the market size has surged to 321 billion—up 60%—it's still in the phase of just 'moving paper media online', lacking that on-chain soul.
In plain terms, most of the tokenization we're seeing is just traditional assets wrapped in a blockchain shell. Aside from making it a bit easier to buy US Treasuries, there hasn’t been any groundbreaking innovation. Sure, the narrative from institutions is nice to hear, but if liquidity efficiency doesn’t fundamentally change, it’s just a different place to sit on the same assets. This heavy asset sector might seem stable, but in reality, it’s slow; it’s the classic 'looks tasty, but burns your mouth'.
Do you all think RWA is truly the future of finance, or just a self-congratulatory story spun by institutions to hit their KPIs?
#RWA #Pantera $BTC