Alluvial

We're hiring! Join our remote-first team to build the next generation of staking products. We're hiring for 3 roles: Product Manager, Staff Blockchain Engineer, and Business Development Manager (ETF/ ETP). Learn more and apply: https://lnkd.in/gmJ482Kb #hiring #web3 #crypto #blockchain

Join us for a deep dive into the landscape of correlation risk in Ethereum staking. This virtual panel will bring together leading experts to discuss the importance of diversifying stake, mitigating slashing risk, and preserving network resilience, along with exploring how these dynamics may evolve with current proposals under discussion. A discussion with: • David Turnbull, Senior SRE, Alluvial • Jim McDonald, CTO, Attestant • Jorge Arce, Researcher, Nethermind • Oisín Kyne, Co-founder & CTO, DV Labs Hosted by Max Sherwood, Content & Communications Manager, DV Labs

Looks like the SEC will be greenlighting spot ETH ETFs next week with trading starting as soon as Tuesday July 23rd. What to expect 👇 The main differences between the #BTC and #ETH spot ETF launches are likely going to be near-term market size, supply dynamics, price sensitivity and the future inclusion of staking rewards. Spot BTC ETF inflows hit ~$60bn AuM in the US this year. At roughly a third of the total market size of BTC, we should expect ETH ETF inflows to reach 30% or ~$20bn+. With roughly 39% of the current ETH supply locked in staking, bridges and DeFi, and another 10% sitting on retail exchanges, ETF-driven ETH inflows could have a significant upwards price impact. The combination of ETH supply lockups and ETF demand could prove to be the tipping point into another market cycle. An important difference between BTC and ETH, is that staking on Ethereum offers a native reward rate, currently ~3.4% ARR, that may be approved and included as part of future filings. Staking-enabled ETFs are already live in Europe and Canada. Check out Galaxy's latest report for more information on the market for ETH ETFs: https://lnkd.in/dvS_vQwx

Thanks to Elan Miller and Maria Tangarova for the fun conversation with me about marketing and design for off-menu studio's Substack! https://lnkd.in/erSXssq7

Attending ETHCC[7] in Brussels? We're hosting a breakfast during the conference with Liquid Collective, Certora, and Gauntlet! More info and RSVP link: https://lu.ma/m5kzwa5g

Attending #Consensus2024? Don't miss Evan Weiss's panel "Everything You Ever Wanted to Know About 'LSTfi' But Were Afraid to Ask" with Lorien Gabel, Brian Smith, and Jordan Sutcliffe, moderated by Margaux Nijkerk https://lnkd.in/eCp5y-Kw

“What happens if there is $20bn [of ETH] taken out of the market? It could be a tipping point in terms of supply and demand. We haven’t really seen this kind of rapid demand shock in the market before.” – Mara Schmiedt on the impact of ETH ETFs for Financial Times https://lnkd.in/enR6D6-G

👋 Meet Thomas, Alluvial’s Product Marketing Manager!    We discuss how Thomas has seen the industry evolve over the years, balancing the qualitative and quantitative in Product Marketing, finding synergy between inbound and outbound efforts, and more. https://lnkd.in/gv4w3Mx5

We’re proud to join industry leaders supporting FIT21, which establishes a comprehensive regulatory framework for digital assets in the U.S. to foster innovation, protect consumers, and ensure the U.S. remains a leader in financial technology. https://lnkd.in/eVuTsik8

Our commitment to providing top-tier staking solutions for our institutional partners continues to grow! We’re excited to announce our latest collaboration with Liquid Collective, integrating Liquid Staked ETH (LsETH) across the Blockdaemon platform. This offers enhanced minting, redemption, and custody options as part of our wallet services, with LsETH set as the exclusive liquid staking solution in the Blockdaemon Wallet. As part of our focus on ecosystem growth, we’re offering LsETH as a diversified liquid staking solution for institutions, sunsetting Portara, and intend to join Liquid Collective’s active set as a Node Operator. This strategic integration marks a significant step in supporting the growth of Ethereum and broadening institutional participation in decentralized finance. Discover more about how we’re driving the future of staking and what this means for our clients on our latest blog! https://lnkd.in/eEkvZESg