According to @EricBalchunas, GDOG, the first Dogecoin spot ETF, recorded $1.4 million in first-day trading volume. Source: @EricBalchunas on X, Nov 25, 2025. He stated this is solid for an average ETF launch but low for a first-ever spot product. Source: @EricBalchunas on X, Nov 25, 2025. He reiterated the view that the further a product is from BTC, the less asset it attracts, highlighting weaker demand as products move away from Bitcoin. Source: @EricBalchunas on X, Nov 25, 2025.

According to @MilkRoadDaily, over the last decade ETH outperformed BTC by more than 10x and gold by more than 1,500x, signaling sustained long-term relative strength for ETH versus both crypto and traditional safe-haven assets, source: @MilkRoadDaily on Oct 21, 2025. According to @MilkRoadDaily, gold is having a short-term rally but the broader view favors innovation-led assets like ETH, with the post asserting innovation compounds faster than preservation, source: @MilkRoadDaily on Oct 21, 2025. According to @MilkRoadDaily, this framing distinguishes assets that build wealth (ETH) from those that defend it (gold), offering a long-horizon allocation context that favors ETH over BTC and gold based on the cited historical performance, source: @MilkRoadDaily on Oct 21, 2025.