So what happened to ETH TCOs today? I am curious if the market thought one of many things:



- We can just buy spot it’s readily available and it wasn’t for BTC/Saylor in 2020

- No one has the charm and financial engineering prowess of Saylor

- None of these companies have been able to do accretive raises like Saylor

- Wall Street got hot too fast and this is a bit of chop before up only

- there are too many of them

- just a red day and so they sold of multiples

I have my answer but curious what others think. Generally with eth breaking highs these guys have been down last week or so after peaking two weeks ago.

Looking at SBET, BMNR etc
ETH4.66%
BTC0.12%
FAST2.49%
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