Fellow DeFi Capital Standards Association (DCSA) member here. Respectfully @EvgenyGaevoy, let's zoom out beyond the noise. Used-car salesmen and macro tourists are getting flushes, sure, as they always do in cycles. This purge, long term, is the real bull case for digital assets. Meanwhile, institutional rails are solidifying: - $IBIT: Fastest ETF ever to $50B AUM—5x quicker than GLD. - $62B+ cumulative inflows into spot BTC ETFs since inception. - Even amid recent outflows (e.g., IBIT YTD -$6.34B, 3M -$2.14B per latest data), this is natural given flow ( OGs out, @nic_carter quantum, miners pivoting to AI to sell to @sama , co-ownership with QQQ / gen Z…) Larry Fink's arc from "money-laundering tool" to "digital gold as a portfolio cornerstone" is irreversible, its structural adoption even does not accrue any value to @hosseeb ‘ vaporware kek. You led @OptiverGlobal's ETF desk; you know what real institutional entry looks like. Grifters out, builders in. DCSA exists to standardize and scale DeFi for institutions. On perp DEX limits, sure, but give @chameleon_jeff the benefit of doubt to iterate. Guess his track record speak for itself.. What's your take on HIP-3 though, would guess @wintermute_t already quite active there.

All people with bbg licence are in London , so does not seems 24h operation for hip-3 yet 😅