Your ETF Called; It’s DTF Now 🤙

Your ETF Called; It’s DTF Now 🤙

OVERVIEW
Your ETF Called; It’s DTF Now 🤙 

Before we dive in, here’s today’s crypto market heatmap:

Source: Santiment

And here’s a look at crypto’s total and altcoin market cap YTD:

Source: Tradingview

New In Three Sentences
Crypto News 📰

📊 TRUF.Network: Because Economic Data Shouldn’t Be a Black Box

Forget waiting months for outdated stats; TRUF.Network aggregates massive data sets so DeFi devs and data providers can serve fresh info daily. Think inflation metrics, commodities prices, and other financial indexes streamed straight to Chainlink oracles. Data providers make bank supplying info, devs get to remix data and profit, node operators earn by validating, and users get transparency up the wazoo. Truflation blog.

🦾 Zashi-Keystone Hardware Wallet: Shielded ZEC Goes Cold Storage, Finally

After what feels like a century (okay, maybe just years) of waiting, shielded Zcash holders can now stash their ZEC in actual cold storage using Zashi-Keystone integration. Yup, you read that right: hardware wallet support for shielded ZEC is here. Overcoming zero-knowledge proof complexity plus cryptography plus hardware constraints was no Sunday stroll, but the ECC team nailed it. Zcash blog.

🚀 Stellar Aid Assist: Getting $4.6 Million to Refugees, On-Chain and On-Time

Blockchain’s all well and good for degens playing ponzi hot potato, but how about saving lives for a change? Stellar Aid Assist just proved itself in Ukraine, distributing $4.6M worth of aid directly to people who need to cover rent, food, and staying warm this winter. And since it’s on Stellar, it’s fast, cheap, and traceable. Now UNHCR’s scaling the same model to Argentina, fighting currency devaluation and helping refugee entrepreneurs. Stellar blog.

DEFI
Your ETF Called; It’s DTF Now 🤙 

Everday, I checkout roughly 200+ official token/network/coin/chain news and blog pages to keep everyone up to date with what’s happening in crypto. 🧠 

And it’s not very often I run across something that just makes me go, ‘well that is effing cool.’ The update from Reserve Protocol just gave me one of those wow moments.

There are few people in the trading and investment world who haven’t thought about creating their own index fund, their own ETF. All that prestige. All that exposure. All that passive income from a slick basket of assets that basically runs itself.

Only one problem: in TradFi-land, getting your ETF greenlit feels like scheduling a dinner meeting with a four-headed regulatory hydra and the Department of Redundancy Department. There’s paperwork for the paperwork. And a million hurdles that seem handcrafted to make you tear your hair out.

Sure, creating an index to track a basket of instruments is easy enough – but to get it out there on an open market? You need millions. And to do it by yourself? Please, that ain’t happening.

Good news. Reserve Index Protocol wants to drop a giant “Nope” on that process and let you spin up your own decentralized token folio (DTF) in an afternoon. No suit, no board approvals, no cheap hotel coffee served during due diligence meetings.

Click to enlarge.

Stuff You Won’t Have to List Out, Beg For, or Lose Sleep Over

Traditionally, building an ETF means handing over your soul in tiny increments. With Reserve’s Index Protocol, get ready to skip out on:

  • SEC Filings: No 500-page documents riddled with fine-print legalese. No waiting nine months for a “maybe” from regulators who just discovered what a blockchain is last week.

  • Exhaustive Due Diligence: The old route involves long, tedious underwriting processes. With Reserve, just grab the tokens you want. Done.

  • Price Oracles for Each Asset: Most systems want custom code and fancy oracle feeds for every single token you use. Reserve says, “Nah.”

  • Collateral Plugins: Don’t worry about custom adapters and technical gymnastics to get your chosen assets to play nice. You can just add them—no extra bells, whistles, or developer tears.

  • Permission Slips and Blessings: There’s no whispered conference room meeting to gain approval. No board of directors adjusting their glasses and frowning at your index composition.

How Reserve Makes It Stupid-Easy

It’s one thing to remove headaches; it’s another to shoot them with a laser and leave no trace. Reserve’s Index Protocol just might be that laser. Instead of contorting yourself into a human pretzel to get something close to an ETF, you get:

  1. Any Token, Anytime:
    If you can hold it on-chain, you can throw it in. Want a DeFi blue-chip plus some obscure meme token you found while scrolling through crypto Twitter at 3 AM? Great. The Index Protocol doesn’t judge.

  2. Massive Baskets, Zero Fuss:
    You’re not limited to a handful of tokens. You can pile in 50 on Ethereum or 100+ on Base. It’s basically a clown car of assets—except it’s not a gag, it’s a real product.

  3. TVL-Based Fees—Straightforward Math:
    If you want to run your own DeFi fund, you might want a fee structure. Reserve’s got a built-in mechanism. Charge a flat percentage on the total assets under management. No complex tracking yield or price oracles required. Simple, transparent, headache-free.

  4. Your Own Governance Token (If You’re Into That):
    Forget about hitting up VCs to pump your ETF’s brand name. Just create a new governance token and distribute it however you want. Incentivize early adopters, reward liquidity providers, or just spray it around and see who bites. The key: it’s your call.

  5. No Overcollateralization Drama:
    Worried your basket might run into default scenarios? Don’t bother. It’s a straightforward “you get the basket’s tokens” deal. No complex safety nets or RSR staking required here, because that’s just not what this particular protocol is about.

From Idea to On-Chain Index in No Time

With Reserve’s Index Protocol, you can dream up a basket—think a “DeFi All-Stars” or “Memecoin Madness” set—and push it live. No months of planning, no sweating over regulations, no spiritual retreat required to calm yourself after dealing with gatekeepers.

Sure, you still need to pick your assets wisely—no protocol can fix bad taste—but at least you don’t have to beg for permission or navigate a regulatory labyrinth.

Just code (that someone else wrote), a few steps, and boom: your DTF is ready.  

SPONSORED

Get your news where Silicon Valley gets its news 📰

The best investors need the information that matters, fast.

That’s why a lot of them (including investors from a16z, Bessemer, Founders Fund, and Sequoia) trust this free newsletter.

It’s a five minute-read every morning, and it gives readers the information they need ASAP so they can spend less time scrolling and more time doing.

Subscribe for free

*3rd Party Ad. Not an offer or recommendation by Stocktwits. See disclosure here. 

News In Three Sentences
DeFi, DEX, and Lending Protocol News 🏦

🗳️ Kim Exchange’s Governance: Vote, Lock, and Let ‘Em Loose

Kim Exchange decided that wrangling its governance shouldn’t feel like herding cats. Enter ve-gauges, fractal gauges, and all the fancy-schmancy alignment you never knew you needed. It’s all set up with Aragon OSx’s modular governance plugins — because if you’re building a DeFi empire, you might as well be able to swap out features like car parts. Now go forth, dear users, and bend those gauges to your will. Aragon blog.

⚡ Mantle + Succinct’s SP1 = ZK Validity Rollup Goodness

Mantle’s stepping out of the optimistic rollup era and into the zero-knowledge (ZK) future with Succinct’s SP1. Faster finality (just one hour), cheaper fees, and a step closer to Ethereum-level trust. This is institutional-grade scaling — perfect for those big money moves that need top-notch security and speed. By going all-in on ZK, Mantle hopes to make multi-chain interoperability as natural as breathing, letting devs reuse their EVM know-how. Mantle Network blog.

News In Three Sentences
Metaverse, NFT, & Gaming News 🎮️

🎮 Blockchain Gaming Grows Up: Play-to-Earn Takes a Backseat to Seamless Integrations

Blockchain gaming is maturing, shifting from flashy token economies to seamless integrations that quietly power player ownership. Big studios like Sony and Square Enix are moving in, yet public mistrust still lingers. As user experience improves and “autonomous worlds” emerge, developers are poised to finally deliver fun-first, crypto-second gaming experiences. Decrypt.

🌐 WorldShards Rolls Out Economy, Gives Early Birds a Taste of the Future

WorldShards is rolling out a complete in-game economy with Proxy Tokens that later convert to its main currency post-TGE, rewarding players for active engagement. The game is also ditching access codes, letting anyone try for 30 days and earn permanent access through participation. Early adopters, trial players, and loyal fans all get a fair shot at airdrops and other perks in this expanding Web3 sandbox. Playtoearn.

🕹️ The Ownership Paradox: When “True Digital Ownership” Becomes a Marketing Mirage

Digital asset ownership is blockchain gaming’s beloved promise, yet many Web3 games remain free-to-play and rarely require holding NFTs. Developers who once touted radical interoperability now quietly hide Web3 elements under layers of traditional gameplay. Without meaningful on-chain advantages, this hallmark of “true ownership” feels more like a half-delivered dream than a defining feature. CoinDesk.

EMAIL ME
Tell Me What You Want What You Really Really Want 🔊 

Quick note here: Let me know what you’d like to see more of in the Litepaper.

More charts? Less Charts? More on-chain analytics? Less analytics? More data? Less data? Let me know! 🎇 

E-mail me here: jmorgan@stocktwits.com

ON-CHAIN ANALYSIS
Burnt Bag Briefing 🔥 

Want to know whether the bulls or bears are feeling the most pain today? Well, this is the place to look. 👀

24-Hour Liquidation Heat Map – Source: Coinglass – Click to enlarge.

In the past 24 hours, 367,444 traders were liquidated, with total liquidations reaching $1.41 billion.

The largest single liquidation occurred on Binance, an ETHUSDT pair valued at $15.80 million.

Longs lost $1.19 billion, while shorts were hit for $232.22 million. 🤕 

Get In Touch 📬

Follow our social channels for great, real-time content on Stocktwits and Twitter. And check out our YouTube channel for in-depth video content! 📲

Email me (Jonathan Morgan) your feedback; I’d love to hear from you. 📧

Want to sponsor this newsletter and reach hundreds of thousands of crypto enthusiasts? Reach us here. 👍

Terms & Conditions 📝

Securities Disclaimer: STOCKTWITS IS NOT A TAX ADVISOR, BROKER, FINANCIAL ADVISOR OR INVESTMENT ADVISOR. THE SERVICE IS NOT INTENDED TO PROVIDE TAX, LEGAL, FINANCIAL OR INVESTMENT ADVICE, AND NOTHING ON THE SERVICE SHOULD BE CONSTRUED AS AN OFFER TO SELL, A SOLICITATION OF AN OFFER TO BUY, OR A RECOMMENDATION FOR ANY SECURITY. Trading in such securities can result in immediate and substantial losses of the capital invested. You should only invest risk capital, and not capital required for other purposes. You alone are solely responsible for determining whether any investment, security or strategy, or any other product or service, is appropriate or suitable for you based on your investment objectives and personal and financial situation. You should also consult an attorney or tax professional regarding your specific legal or tax situation. The Content is to be used for informational and entertainment purposes only and the Service does not provide investment advice for any individual. Stocktwits, its affiliates and partners specifically disclaim any and all liability or loss arising out of any action taken in reliance on Content, including but not limited to market value or other loss on the sale or purchase of any company, property, product, service, security, instrument, or any other matter. You understand that an investment in any security is subject to a number of risks, and that discussions of any security published on the Service will not contain a list or description of relevant risk factors. In addition, please note that some of the stocks about which Content is published on the Service have a low market capitalization and/or insufficient public float. Such stocks are subject to more risk than stocks of larger companies, including greater volatility, lower liquidity and less publicly available information. Read the full terms & conditions here. 🔍

Author Disclosure: The author of this newsletter holds positions in ADA, DASH, COPI, LTC, LINK, MIN, AGIX, ALGO, DOGE, ZEC, AVAX, XLM, XTZ, and NEAR. 📋





Want the latest?

Sign up for Jonathan Morgan's Newsletter below:


Subscribe Here