matthew sigel, recovering CFA
@matthew_sigel
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Head of digital assets research @VanEck_us. PM, VanEck Onchain Economy ETF ($NODE). Disclosures https://t.co/oN8RR1GzoJ https://t.co/kuyqdO3qgW
NYC
Joined July 2017
I've spoken to many investors who want exposure to crypto via equities but are spooked, understandably, by portfolios full of pure-play miners and exchanges that have seen repeated blowups and bankruptcies. If that sounds like you, we designed the VanEck Onchain Economy ETF
đ¨Now Effective: VanEck Onchain Economy ETF ($NODE) Actively managed, $NODE will aim to hold 30â60 names from a 130+ stock universe tied to the digital asset economy: >Exchanges, miners, data centers >Energy infra, semis/hardware, TradFi rails >Consumer/gaming & asset managers
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HIVE acquires a 7.2MW data center in greater Toronto to build a new Tier III+ facility designed for AI workloads. We still think HIVE is very undervalued with stale estimates: Assuming 40% EBITDA margin on HIVE's estimated $550M ARR in Bitcoin mining (IREN earns 60%), that's
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Love wasting hours applying online just to hear nothing back? Yeah, engineers donât either.
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Amex hikes Platinum fee 29% to $895. Rich get Lululemon credits and Oura perks. Poor pay higher prices at checkout to subsidize it. Stablecoins could offer merchants a more democratic way to reach all customers, not just the wealthy.
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BTBT again fails to secure quorum in 2nd vote to expand share count to buy ETH. Will reconvene Sept 25th & vote again. Meanwhile BTBT data center subsidiary WYFI printed a strong quarter with accelerating pipeline & trades at a large discount to peers. Focus should be clear!
đ¨BTBT Fails to Secure Quorum to Approve New Share Issuance to Buy ETH; Leaves Company in Limbo Ahead of September 17th Do-Over. No Word from @samirtabar On Next Steps. With Many ETH DATs Now Trading Below 1x NAV, Will Be Fascinating Case Study for Governance in the Space
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AI Chip Startup Groq Raises $750M at $6.9B Valuation Blackrock, Neuberger Berman, Samsung, Cisco, Altimeter etc participating. Will use funds to "expand its data-center capacity." "Startups including Groq are developing chips and... selling computing services that use them."
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After high school, most people choose one of three paths: entering the workforce, going to college, or joining the military, Alex Vargo chose all three. Thanks to the flexibility of @BGSUOnline, the Marine Corps veteran is able to earn his bachelorâs degree while balancing work
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BofA monthly fund manager survey: 67% of fund managers hold ZERO crypto; only small fractions allocate 2% (3%), 4% (3%) or 8%+ (1%). The average allocation is just 0.4%. 84% have not yet begun to "structurally" allocate to crypto. Still very early.
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That's the idea. We may lag a bit during big upside moves. But the aim is to more than make up for it during downdrafts. Compounding is the goal đ
@matthew_sigel A lot of work going into $NODE and the results are showing up , less volatility and great returns.
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FIGR up another 11% to post-IPO high. (If subpar blockchain explorers kept me from investing in projects, we wouldn't have loaded the boat on SOL so early.)
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Sacrifice is the pinnacle of human existence, a radiant act of living and dying for the good of others. It is the selfless love of parents who give tirelessly, the courage of soldiers who risk all, and the quiet dedication of workers who serve without seeking reward. Yet, our
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Google has released an AI payments protocol with support for stablecoins, partnering with Coinbase and Salesforce. The new open-source scheme makes it easier for different AI applications to send and receive payments, supporting not only credit cards but also stablecoins. Google
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đ¨Major milestone: Circle brings USDC natively to Hyperliquid. Clear validation of Hyperliquidâs status as an independent L1.
Native @USDC & CCTP V2 is now live on HyperEVM - part of @HyperliquidXâs high-performance ecosystem. Developers, institutions, and traders can now access the worldâs largest regulated stablecoin on HyperEVM, and securely make crosschain deposits from over a dozen blockchains.
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ps, just visited the HK HQ: All hustle, no frills, unlike the spoiled investment banks.
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AI works best when it meets your teams where they already are, with the business context they need. With the Box MCP server, securely connect your content to top AI platforms like @MistralAI's Le Chat, @AnthropicAI Claude, and @Microsoft Copilot Studio, and more âunlocking
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Barronâs flagged $FUTU (held in $NODE): FUTU's US broker Moomoo subscribed for $400M of $GEMI IPO shares in the US alone. Avg. client got ~$15k each. Unlike $HOODâs lottery or Fidelityâs AUM rules, FUTU steers allocations to active mid-range users, building loyalty. Hereâs the
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1) New facial recognition at JFK Terminal 8 in place of immigration agents 2) New facial recognition at local Home Depot checkout & exit (no security guard anymore) 3) Robot baristas at SFO
𤯠Thank you @GavinNewsom & @KarenBassLA & Union pals for the $20-38 minimum wages. At @flySFO airport in SF, the barista and cashier are robots.
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FIGR +21% đ Extending gains post IPO. Crypto Twitter: âProvenance explorer is dead.â Reality: Provenance underpins the software lenders use to issue loans ($10B+) & the registry that records them. Not built for memecoin churn, but to cut costs. We read the explorer & the S-1.
@matthew_sigel @0xngmi How about learning to read a block explorer or onchain data yourself instead of being another tradfi tourist. Youâll find the Provenance explorer looks like it was designed by a Fiverr dev and borderline unreadable. Yes we get it your Figure bags are packed.
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People celebrate price action without considering how much taxes can take. A $50k investment growing to $1 million could mean a ~$400k+ tax bill depending on the jurisdiction. Wealthy investors know it's possible to mitigate taxes legally through digital asset LLCs.
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đ¨ Big Unlock: Robinhood Turns on Recurring + Fractional Buys for VanEckâs Onchain Economy ETF ($NODE), Driven by Client Demand & Recent Performance.
@matthew_sigel @RobinhoodApp @vaneck_us Sweet! Looks like it went live today on @RobinhoodApp. Glad to be able to setup reoccurring DCA and glad to support @vaneck_us!
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đ¨$CRWV discloses $6.3B order w/ $NVDA thru 2032. NVIDIA must buy any unsold CoreWeave capacity (& already owns 7% of the company). For $CORZ, with a 12-yr hosting deal worth $3.5â7B (200â500MW) from CRWV, those revenues are now effectively backed by NVDAâs $6.3B guarantee.
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Cowen Data Center Channel Checks: Demand Accelerates Amid OpenAI & Anthropic Ramp "Our understanding is that Fluidstack will act as a TPUaaS provider to Anthropic as our checks indicate that Fluidstack has agreed to purchase ~1.2GW of fully-integrated TPU racks from Google. In
What is Fluidstack? Fluidstack is a UK, venture-backed private firm which provides managed, large-scale NVIDIA GPU clusters (training + inference) and on-demand GPU instances for AI labs and model companies. It recently announced an asset-backed financing partnership with
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