An analysis of $ETH beta
Specifically, the ETH beta in the top 100
Sorted by float.
Best performers: $LDO , $ENA , $PEPE , #UNIUSDT.P , #arb解锁
Of these, $LDO, $PEPE, $UNI all have high floats with little upcoming unlocks.
According to Coingecko, ETH itself is up 16.8% in the past 24h which means the average ETH beta has underperformed ETH itself however (11.09% in 24h change).
It's a high risk play betting on $ETH betas when $ETH is the one with an upcoming ETF and institutional bid.
But can definitely be worthwhile if you bet on the right horse.
