The Arete Market Report 02: EIP-4844 devnet-9, Arbitrum Grants Proposal, FTX Estate & Frax Finance V3
Overview
In this bi-weekly Arete market report, we outline factors effecting structural flows, the performance of assets within specific verticals we frequently observe, prominent news over the last two weeks and several catalysts we are looking to execute on for Q4 2023. Concerning structural flows, we discuss the effects of October seasonality historically, evidence of on-chain accumulation for Bitcoin, flows from Institutional digital asset funds, the liquidation of the FTX estate, movements from the FTX hacker and the recently launched Ethereum futures ETFs. Regarding catalysts, we discuss Frax Finance’s real-world asset strategy to be implemented in the Frax V3 protocol upgrade, the progress of devnet-9 for the coming Dencun hard fork and the Arbitrum grants proposal set to benefit multiple ecosystem protocols. We also recap catalysts and their respective performance from the previous market report.
We hope you enjoy another secondary market report from Arete Research!