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SECTOR ETFBITQBLOKMIXEDCore thesis · 5/5

No single ticker was named. Crypto & blockchain ETFs are one way for retail investors to get exposure. Not a recommendation.

Crypto's shift from FAT protocol to FAT app

The speakers argued that the crypto industry has permanently shifted from an infrastructure-investment cycle to an application-value-capture cycle, with value moving up the stack as block space became abundant and cheap.

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NOT INVESTMENT ADVICE · A SUMMARY OF WHAT WAS SAID ON THE PODCAST · VERIFY AGAINST THE SOURCE