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PS. I started writing this article on 24th May, when ETH was $3632.22, and ONDO was $1.08. It took me a couple of days to write it, and certain assets have been repriced. The trade thus has a less favourable r/r, but the upside is still there to be captured, IMO. Before we start, a word from today’s sponsor: Demex, The Only DEX You NeedDemex is an all-in-one DeFi Hub and perpetuals exchange, that supports the hottest and most exotic assets for you to lend, borrow, trade, and more! The Demex Points Program is live! Spin the Wheel of Fortune and try your luck for the legendary box packed with the most points. Try it out with my referral code here!Congratulations, my fellow Cryptonians. In a move that surprised everyone, the SEC has approved of a rule change to allow creation of ether ETFs - despite Gary Gensler having a notoriously hard stance against ETH in the public light. I will not go into why this happened - I will leave that to the political pundits on Twitter. Our main concern is...
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