Latest / The Paul Barron Crypto Show / Next Crypto ETF? | Top 8 Possible Tokens!

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Next Crypto ETF? | Top 8 Possible Tokens! · The Paul Barron Crypto Show

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Hey, let's dive into what is next for an ETF. Of course,
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the big news on Eth's approval makes you think what could be next. Well,
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today we're gonna break it down for you. Guys are gonna love it.
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My name is Paul Baron. We'll come back in a tech path.
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Let's get into it. There's gonna be a few tokens we'll dive into.
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You guys can skip to the one you want, because there's a whole slew
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that have a potential to win today, so you don't want to miss it.
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a couple of things. Of course, SEC now potentially in deep trouble with
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the crypto as case crypto cases after the Ethereum ETF approval. And I think
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this is something we've been talking about quite a bit. Is it really paves
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the way for a lot of different projects of becoming a non security and of
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course that is now the case what we're going to be seeing more and more
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of. And I think the question that everybody's asking is what could be next.
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Here's watcher Guru says Standard Charter Banks says Salana and XRP ETFs could launch
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in twenty twenty five. If they're saying twenty twenty five, we could see
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that maybe earlier. So think about the speed in which one we've got regulatory
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alignment now going through the House and Senate. You've got all of the scenarios
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that are playing out in the ETF craze, and most likely a repositioning of
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the macroeconomic conditions here in the United States all make for a very interesting time
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as a lot of these firms will start to look for the next power play.
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We're gonna get a sole ETF. This came in from, of course,
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mister Scaram Mitchie. I'll see him at Consensus next week, which we
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will be at Consistence next Thursday. I believe Thursday night is when John Deaton's
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thing is going on. So check it out. If you guys are down
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there in Austin, you swing buy or tweet me. I'll maybe we'll meet
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up. All right, So when you analyze twenty one shares and you kind
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of think about what's already working out there within these funds, what could be
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the next tasty tidbit for ETFs, you have to kind of look at the
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performance factor and the performance factor of course if you look at Solana leading the
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way almost a billion in AUM in terms of assets under management, and then
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you move into things like XRP and even Avalanche coming in as well. So
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all of this could be and point to I think a lot of very interesting
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projects that could be perfect for the next ETF. All right, So moving
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through just to kind of get an idea of what the media is saying.
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This is a good example of what these market analysts are looking at. You've
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got Eth on the board there, Bitcoin and guess what, Salana also on
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there. And it's not necessarily just them, this is all over the place.
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Here of course, is CNBC talking about this Bitcoin, e, Salana
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and XRP also on the board. Now that usually means that you've got interest,
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but more importantly you've got media support, and I think that's another factor
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that plays into a lot of this around where this is going. The other
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thing you have to look at is where Hong Kong is and if you think
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about the power players in Hong Kong, what are they interested in. Here's
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OSL, this is one of the asset managers over there, and if you
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look at some of the projects that they're holding in XRP, chain link,
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you kind of go into the HKD markets there's bitcoin, XRP, again,
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Eth, XRP, XRP and even further into it handling more and more of
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that. So I think, you know, you look at these kind of
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signals. Signals are really the I think the thing that you should consider,
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especially as we start to look at interest levels, because at the end of
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the day, it's going to be a situation where an ETF is going to
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have to have interest and I think that both from assets under management and the
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financial advisors that are offering it, but also from the retail markets and the
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investment community. Here's HSBC there. Now, Remember this is something that has
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been tokenized. They did the first tokenization of gold, and if you kind
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of compare this, this was done on XRP. So very interesting points here,
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of course, as we start to see more alliances to what XRP could
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be the case going forward. Here, So why is gold moving so quickly
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right now? There's a couple of investment things that are happening. Listen into
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this clip. There's actually one super old industry that's seeing a big bound from
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the millennial generation. We're talking about gold. Investors in that demographic hold an
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average of seventeen percent of their portfolios in gold. That compares to about ten
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percent for baby boomers, according to State Street data from twenty twenty three.
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Gold is often seen as a hedge against inflation and against economic downturns. Goal
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prices have pulled away from the stock market in terms of returns over the long
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term, though the stock market has handily beat gold as an investment. Zoom
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out even further, and gold has vastly underperformed the wider stock market. People
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have gotten so interested in gold that wholesale giant Costco began selling these twenty four
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carrot gold bars in its stores. Costco was having trouble keeping them on store
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shelves, whiles Fargo estimates that Costco is making between one hundred and two hundred
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million dollars per month selling these goal bars. Costco reports its next quarterly earnings
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results on May thirtieth, and so at that point we'll get a peak on
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how much money they're actually making on gold. All right, So another area
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to look at is over on Algoran. This of course is mailed gold on
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Algorand, and this will also play into the potential. If you look at
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the chart right now on gold, you can kind of see the growth there
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about thirteen percent, but if in comparison to digital assets, maybe not quite
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as active, but the fact that it has been growing and there's interest in
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the millennial audience. Okay, here's Algorand's most recent ad as well. Let
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me kind of clip to this. This was just the im kind of promoting
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it. Do you guys see a big one? Right? Sure do.
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I'm gonna be paying with Ethereum if that's okay, Okay, no problems,
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it's a good thing. I'm paying with Solana And there we go. Oh
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wit it failed, Try it again, pull their sport. It looks like
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it's going to be another twenty seven minutes before this transaction clears. What sorry,
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one hundred and twelve dollars. I have like three things. Ethereum.
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They got that peak hour gas thing, now you got it? Maybe one
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more time. I think it's gonna works. Nope, how do I get
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in that line? All right? So I love that commercial. That's actually
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a good tongue in tee commercial out there, for sure. And don't forget
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you know other interested parties in Algoran. We're nother than mister Gary Gensler.
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Here is hi I'm talking about is Algoran at his mit course. And remember
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he is also kind of buddy buddy with Sylvia mccauay, who is the creator
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of Algagrand. All right, so here's chain link. Of course, they
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put this tweet out right after the ETF approval on eth and they kind of
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set it up here on financial products. Also the next step, which is
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bring global finance on chain, and this may be one of the reasons as
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well. I want to go to a clip real quick where it explains a
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little bit more listen it. But then the real world asset token would need
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to be informed by various data. So for a gold coin, you would
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need to know that there's gold in the vault, and then you need other
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information about the assets, valuation, price and so on. So we basically
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allow real world asse tokens to come into existence because as the longest running provider
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of proof of reserves, we are the ones basically making that possible. Is
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the ability to make a token that doesn't just statically represent something, but that
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is consistently updated with the status of the thing it represents, which is what
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makes it a real world asset. All right. So if you look at
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another area, one of these, of course, is going to be semiconductors.
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Now I know you're probably thinking, no way, what's that got to
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do with crypto. Well, a couple of points pro shares right here.
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Then right here number four is dexion. This is a semiconductor. This is
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another top etf out there. So if you think about where the top etf
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interest are. Then you have to go in and look at who would be
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the player on the chip side of things, whether it's cloud, compute,
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et cetera. You kind of get the connection. Well, here is render.
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Render is the only crypto partner with all four of the largest companies in
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the world, Microsoft, Apple, Nvidia, and Alphabet Google. So that
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in itself could put render playing into this or even maybe like a near protocol.
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But the point being, and we'll talk about that in a second,
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is if you look at the top two just by volume, here's Near and
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Render going neck and neck right here. Now Near of course quite a bit
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larger. You know how much we like Render what its potential capacity could be
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going forward, So definitely a potential here as well. All right, so
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here's hash key exchange. Think of this, one of the major exchanges in
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Hong Kong. Look at their volumes right here. Let me zoom in on
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this just a little bit here as we flow of course, Bitcoin ethereum moving
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on tether and then guess who's number eleven? Render right there, Avalanche right
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on their heels. So a lot of interest there as well. So this
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could be one of the players as well that could be the next ETF going
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forward. I want to go to our next clip that gets into why maybe
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even near protocol could be outlined in this as well. Listen in and what
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do you think is the next currency then to be under consideration? As I
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said, I wouldn't be surprised if Solana and Neo are now vying for that
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ETF. All right, So if you think about that, whether it's near
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and Solana country what she was mentioning there, the other opportunity there is render
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there's a connection there with Nvidia. The two teams there I think have a
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lot of alignment. Plus Wall Street likes those narratives because this gets into the
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bigger upline in terms of overall tech, Google, Alphabet and so on.
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So I want to go further into this. This of course is no other
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than Michael Saylor, and this is a good clip because he explains maybe the
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connection to some of this upside tech listening. By the end of May,
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you'll know that Ethereum is not going to be approved. And when Ethereum is
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not going to be approved, sometime this summer, it'll be very clear to
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everyone that Ethereum is deemed a crypto asset. Security, not a commodity.
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After that, you're going to see that Ethereum Solana ripple. Everything down the
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stack is just a crypto asset security, unregistered. None of them will ever
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be wrapped by a spot etf none of them will be accepted by Wall Street,
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none of them will be accepted by mainstream institutional investors as crypto assets.
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There won't be another one this decade, between the year twenty twenty four and
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the year twenty thirty. That the die is cast. The writing is on
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the wall. This is the winner. There is no second best. The
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goal, of course, has let people to sign messages, to sign documents,
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to prove their identity, and to integrate this into all sorts of corporate
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systems, you know, and it could appeal to every company. There's no
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way that Apple wants to trust Google. There's no way that Google wants to
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trust Meta, right, And so how do you build a system for millions
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of counterparties that maybe don't trust each other? And how do you plug it
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right into an enterprise system? All right? As much as I like Sailor,
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I mean he missed on so many fronts there. Obviously, he missed
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on the situation with the ETFs. He missed on, you know, bitcoin
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becoming the only one, the alpha dog, and he missed on the potential
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regulatory alignment. He missed on the Wall Street adoption. They have already clearly
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showed that there's interest in it. Now, of course, we'll see that
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with the performance. That will probably tell the tale. And then he's going
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to miss on the future of other assets coming in. Now he's missing on
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the point that bitcoin is the answer for corporations to trust each other. Well,
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really, there's already this out there, and it's a project out there,
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you guys know as Hadera. Adera could be another one of these.
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And again remember Padera has these governing councils. Look at the companies that are
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on here. I'm going to zoom in on just some of those. All
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right, we're not talking about average companies. There's big go Boeing, chain
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Link, Atachi, Google, IBM, Standard Bank, et cetera. The
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opportunity here for Dara to maybe tie in the next future opportunity around blockchain and
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become an ETF is there as well. So this all points to a lot
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of different potentials. I've got a clip here from Adera that is a little
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bit more tuned into how these councils work. Take a look, right,
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if we want to say, is hadera centralized compared to ethereum or Bitcoin.
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What matters is how many parties are required to be involved to make fundamental changes
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to the platform. Andum. A handful of people control enough tokens in their
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proof stake system that they can make changes in Bitcoin. Same thing. It's
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just a fallacy for people to think that because there are twenty eight organizations today
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grow into thirty nine that are required to participate, that somehow that is more
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centralized than the handful that really control ethereum and bitcoin. It's just not true,
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all right. So there was mantarment one of the leads over at Adara.
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We've Haddara on the show many times, and of course keep your cash,
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your kids prefer virtual money. This is something that as you saw right
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there with how some millennials, a little bit of the older crowd of millennials
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are investing in gold. Well, what we're seeing now is the potential of
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the next generation that will be completely digital in terms of how there I should
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say, their digital cash. So let me play this next clip for you
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to show you where this is going. Apparently more kids are telling their parents
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that they would rather be paid in roebucks than receive cash for their household chores.
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Certainly the world has changed. There was a twelve year old that was
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quoted in here saying that if she were to get real money or spend money
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in real life, she have to ask her parents to take her to the
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store. They would have a say in what she's getting. Now she has
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control over what she's buying on roadblocks, she has a point. It's all
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digital money that they ask for. Typically, my son wants gambling money on
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FANDU or DraftKings with That's a whole nother story, but most of these kids
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kind of similar you could have. Most of these kids do want it in
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some type of digital currency, and I guess the concern is they don't really
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understand the value of a dollar. Some of them like that their kids are,
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they think, learning in this digital space. I don't know how I
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would feel about my kids spending hardered money on roebucks, but I guess,
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like you're saying, you're kids spending it on gambling. Yeah, I think
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this is just an evolution that always takes place in any transformation. Of demographics,
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and that's what's happening really right now between you know, Gen Z and
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millennials. So it's not surprising. I think we're going to see more of
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this. So when you think about that and you look at well, what
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would be the potential project out there that could lean into that, Well,
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that would be Avalanche. Avalanche of course now launching a new gaming chain appears.
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You've got game Starter now launching on game chain. All of this.
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If you look at this, and we've done many videos on Avalanche, if
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you look at this video that we did, Gosh, how long ago was
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this six months ago? This was just six months ago. I froze it
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right here to show you guys the sub nets that were available at that time.
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The six months that was John Woo, their president of AVA Labs.
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All right, so this is the subnet as of today. And we've got
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Pulsar highlighted here, but you've got Lamina in here also, they're sent Lamina
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coming alive. If you look at Pulsar, look at the size and transaction
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levels that Pulsar is driving in terms of overall transaction, That in itself is
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pretty intriguing because all it's going to take is one big hit to really make
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this become a viral notion, so that in itself also has a great opportunity
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I think for Avalanche to become a top tier potential. All Right, so
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let's take a look at Lamina. Lamina. This is Neil Stevenson, author
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of Snowcrash. This, of course project is out there now. It is
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launching very quickly. In fact, it's kicking off on the twenty eighth,
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that's next week. This of course gets into some again very interesting connections.
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I want to take this further into a clip that talks about Avalanche and meta
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you'll understand what I'm talking about listening, and it's early days and it's a
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kind of pure engineering project at this point. But we're building a chain that
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can bring the benefits of that kind of technology to as many builders as we
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can reach. So I, for example, if I were one of those
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builders, I would build an application into some metaverse system and underlying it,
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identity and other things would be stored on your blockchain layer. Can you give
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some advice to Chris. Chris is a top down company, a big,
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important, valuable company building out this. What should he be doing to match
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this vision or is it impossible for a large centralized company like Facebook, like
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Meta to do that. You've got one of the most powerful people right here.
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So I'm not sure how much he's empowered or willing to divulged in the
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way of proprietary data about those plans. But right now, the image that
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one has of Facebook and other big social media companies is very much that of
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a centralized, you know, top downish kind of organization. I mean,
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one thing about the at least the development of Facebook and Instagram is a lot
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of it is focused on giving tools to creators. We're going to see spaces
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that are built by you know, startups and shops. I think how those
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inter operate is the most important conversation for making sure that we don't sort of
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accidentally sort of step on each other's hope. So is there a connection between
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Lamina and Meta and Avalanche That would be a very intriguing play. If that
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were to come and be true, Avalanche would quickly move up the ranks in
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terms of a potential for an ETF if you look at a men here this
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or CEO at AVAX over there at Avalanche. Massive upgrades coming this year,
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a lot more scalability I'll zoom in on that tweet just so you kind of
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know what's coming its way. What this simply means is that Avalanche should be
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able to go much faster and much larger than even what it has now.
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You just saw the subnets kind of exposed right there. The other thing I
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want to kind of hit on here is Grayscale will wrap up on this.
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These are the core asset, you know, holdings of Grayscale. You've got
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Bitcoin of courses number one eth right there behind it, and then of course
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Solana, XRP and Avalanche. So if I were considering a ranking, if
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you put our list in here, I would probably still say that Solana would
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probably most likely be the number one pick for me. Then I would go
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with XRP, then probably chain Link or Avalanche as number three four, and
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that could go either way depending on some key things that could happen in terms
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of the tech development. The point is here, guys, is that we
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are going to see other ETFs in the d little assets realm that I think
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are going to revolutionize the way that Wall Street thinks about this, but also
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how companies will start building their own businesses around advancing this technology forward. So
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Unfortunately, Michael Saylor was wrong in a big way. This is a new
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day and I think from here forward we're going to see a lot new and
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more innovation of where all this is going to be going. You guys are
20:22
not tuned into the Diamond Circle, make sure and get in now. It's
20:25
a great place to get additional content. Follow me on x at Paul Baron.
20:29
We'll catch you next time right here on tech Bath