Key Takeaways
- • Grayscale and Republic opened three crypto funds on Oct 15 with a $2,500 minimum, according to Crypto Briefing, with buyers required to be accredited in the US or based outside it.
- • The DeFi fund holds six coins including UNI, AAVE and ONDO, while the AI fund holds four coins including NEAR and TAO.
- • Uniswap trades at $7.20 (about $4.65 billion market value), roughly 83% below its $44.97 record from May 2021, per CoinMarketCap.
- • Bittensor's TAO trades at $271, about 62% below its $767.68 high from April 2024, with a network value of $3.37 billion.
- • The source article promotes Pepeto, a presale meme coin that reports over $11.2 million raised; this is promotional content and the claims are unverified.
Summary
Grayscale and Republic opened three crypto funds on October 15 with a minimum investment of $2,500, according to Crypto Briefing. The DeFi Fund holds six coins, including Uniswap (UNI), Aave (AAVE) and Ondo (ONDO). The AI-focused fund holds four coins, including NEAR and Bittensor (TAO), and a third fund tracks data networks. Buyers must be accredited investors in the United States or be located outside the US.
The underlying assets remain well below their historical peaks. Uniswap trades at $7.20 on CoinMarketCap, a market value of about $4.65 billion, roughly 83% under its May 2021 record of $44.97. On October 14, Uniswap activated a fee hook that adjusts fees based on price swings, beginning with an ETH/USDC pool, according to The Crypto Times. Bittensor's TAO trades at $271, up 11.73% over 24 hours, with a network valued at $3.37 billion. TAO remains about 62% below its $767.68 high from April 2024.
The source article is a promotional piece for Pepeto, a presale meme coin that it says has raised more than $11.2 million and is not yet listed on any exchange. The article claims staking yields of 160% APY, a rate it says is reset daily, and cites a token price of $0.0000001901 on the project's website. These claims come from the promoter and have not been independently verified; the article itself notes the figures are not guaranteed. Readers should treat the Pepeto material as marketing rather than reporting.
The underlying assets remain well below their historical peaks. Uniswap trades at $7.20 on CoinMarketCap, a market value of about $4.65 billion, roughly 83% under its May 2021 record of $44.97. On October 14, Uniswap activated a fee hook that adjusts fees based on price swings, beginning with an ETH/USDC pool, according to The Crypto Times. Bittensor's TAO trades at $271, up 11.73% over 24 hours, with a network valued at $3.37 billion. TAO remains about 62% below its $767.68 high from April 2024.
The source article is a promotional piece for Pepeto, a presale meme coin that it says has raised more than $11.2 million and is not yet listed on any exchange. The article claims staking yields of 160% APY, a rate it says is reset daily, and cites a token price of $0.0000001901 on the project's website. These claims come from the promoter and have not been independently verified; the article itself notes the figures are not guaranteed. Readers should treat the Pepeto material as marketing rather than reporting.
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