![Bee Barf, ETH, and Hated Stocks](http://images.ctfassets.net/vha3zb1lo47k/L6NXED5xbOqbpYLCKRBOR/a64bffd041ed16094ee71be875a87e80/ALC-Issue-07.22_1_.png)
Bee Barf, ETH, and Hated Stocks
Posted July 22, 2024
Chris Campbell
They said it would never happen. They said it was impossible. They said I was out of my mind.
They were wrong.
I got an 11 ounce jar of honey through the TSA check.
The government might take my razor, my nail clippers, and my dignity - but they WILL NEVER GET MY SAVANNAH SAGE SUNFLOWER HONEY.
(It’s a gift.)
Sure…
If we were in a dark, smoky bar, I might whisper to you in confidence: “They were all out of the small ones.”
But that’s only one part of the story. Irrelevant now.
To capitalize on the upside:
Throughout history, in all of the animal kingdom, nothing says "I love you" quite like, "I risked everything for this large size of bee vomit you like."
Unfortunately, my battle here is only half-won.
Now it’s time to pray my flight isn’t delayed again, from here into eternity.
And so.
While waiting here with my subpar WiFi and decentralized honey, allow me to talk about two more things “THEY” said will never happen.
And only ONE thing you need to do before Thursday night.
The Ethereum ETF
Remember when a guy - whose name rhymes with Flykill Paylor - declared that the U.S. would NEVER see an Ethereum ETF?
Welp.
On July 23rd (tomorrow), the Chicago Board Options Exchange (CBOE) is set to launch not one, not two, but five Ethereum exchange-traded funds.
Now, let's cut through the noise…
As sure as the sun rises, the Ethereum haters are out in full force, spreading doom and gloom.
They're claiming everything from "no demand" to "inflationary nightmares."
For example, some are writing about Ethereum's "surging supply." They're pointing to a supposed 60,000 ETH monthly increase since April.
But hold up…
Pull up a long-term Ethereum supply chart, and what do you see? A line flatter than week-old soda.
While new ETH is created through staking, a lot is also burned (taken out of circulation) through transaction fees.
The net result is that Ethereum's total supply has remained relatively stable, not dramatically increasing as some suggest.
In reality…
Only 10% of all ETH is sitting on exchanges right now. The other 90% is locked up, staked, or in self-custody.
Meaning? If demand skyrockets, the possibility of a supply squeeze is real.
But, look…
We’re not here to predict the daily swings. The launch of these ETFs could spark a "sell the news" event, too. But don't let the naysayers fool you.
At the end of the day, Ethereum is the biggest blockchain ecosystem on the planet. Love it or hate it, Ethereum is here to stay, and these ETFs are just another step in crypto’s journey to the mainstream.
But there’s one more trend you should be aware of, maybe even bigger than Ethereum’s profit potential;
The Most Hated Stocks
You probably noticed.
Lately, James has been talking about a class of stocks he's calling "super stocks."
And he’s getting (a little) flak.
These super stocks are different from regular stocks. They’re also often wildly hated. James says this is the year they’ll outperform.
What makes them intriguing right now? For one, they have an edge that allows them to navigate market challenges better than most.
Also, they're not just flash-in-the-pan opportunities - but rather companies with solid foundations and promising futures.
Of course, as with any investment strategy, there are skeptics.
Some argue that James's approach may be overly optimistic or based on temporary market conditions. Others, however, are intrigued by the potential.