# Adventures In Crypto Land *GBTC ETF Rollercoaster, Vodafone's Crypto Ambitions, and the Rise of Social-Fi* By [Adventures In Crypto Land](https://paragraph.com/@itssmozi) · 2024-05-10 crypto, web3, onchain --- ![](https://storage.googleapis.com/papyrus_images/4909c61d1feea207e073a13b5cbfb2fc.png) `Adventures In Crypto Land - On X, Warpcast and LinkedIn - Every Sat - Share and follow - @ItsSmozi` ### Issue #2 Happy Saturday, cryptonites! 🚀 We have a Gary-free post today! The latest WELLS notice sent to Robinhood will not be mentioned. No, no, no. Bigger things than Gary to talk about… so what’s today's jam? 😄 * GBTC ETF malarky! * On Vodafone becoming guardians of crypto. * The not talked about rise of Social Fi. * And the latest and greatest incoming crypto events and dates. So, grab your popcorn, and let's dive in! 🍿 GBTC's $63M Inflow: A False Dawn or the Start of a Comeback? ============================================================ After a close 4 months in the red, the GBTC ETF turned green on May 3rd with a whopping $63 million in net inflows. The 6th of May was a bit lacklustre, with only $3.9 million hitting the table. And on May 8th, it all went to pot with $28.6 million running for the door. So, while the headlines will have you thinking the GBTC ETF has turned a corner, they are wrong. But it’s early days, yet anything can happen (within reason). ![](https://storage.googleapis.com/papyrus_images/b264808c088d1b0fb4492d499a856df0.png) Vodafone's SIM Cards: The Future of Crypto Wallets is in Your Pocket ==================================================================== ![](https://storage.googleapis.com/papyrus_images/6dfd273c6f60b2b74d5acd9654561595.webp) Have you heard of Vodafone? I know so. They have been thinking about blockchain for a while after launching their DAB network in 2023. And they are ready to take the next step into the cryptoverse. The thoughtful buggers are going to integrate crypto wallets with sim cards. So there will be no need for a Solana phone, bag yourself a Vodafone sim, and you are set to transact. They expect 5.6 billion people to use blockchain-based SIM wallets on their smartphones by 2030 (are they following Gary on X?). 5 Million Users Can't Be Wrong: Why SocialFi is the Next Big Thing ================================================================== AI, RWAs, and GameFi… but what about SocialFi? A narrative not making headlines like the stars above–why not? I’m unsure, but the users are jumping aboard in droves (over 5 million active users) across all SocialFi platforms. I recently onboarded myself to Warpcast, and it’s great! The communities are unique and diverse. It's an experience full of colour, and it lacks the hate you experience on Web 2 platforms. Have you fallen into the ‘nouns’ rabbit hole yet? I’m still not out. The UI is smart, like X, but for crypto natives. The frames feature looks super interesting, and I look forward to exploring it over the next few days. And if you're on it, say hello @ItsSmozi. Incoming Rockets: Events To Wet Your Whistle ============================================ This is where we near the finish line with all the latest and greatest incoming crypto events and important dates. Be sure to mark your calendar. Let’s go… 🚀 **Upcoming Crypto Events** ----------------------------- * CONF3RENCE - May 15-16, 2024 in Dortmund, Germany. A premier event for blockchain, crypto, NFT, AI and metaverse enthusiasts. * Next Block Expo Warsaw 2024 - May 15-16, 2024 in Warsaw, Poland. * DappCon 24 will be held May 21-23, 2024, in Berlin, Germany. It will bring together Ethereum developers and blockchain professionals. 🚀 **Important Dates** ---------------------- * May 15: The US is anticipated to release the April Consumer Price Index (CPI) data, a vital inflation metric that may influence crypto prices. * May 23: The SEC is expected to respond to VanEck's application for a spot Ethereum ETF. A Tip For Your Merry Way ======================== May is known as a rocky month. Steady your ship, stay devoid of emotions and wait it out. The calm waters are on the horizon. Now is the time to do nothing or to dig deep and buy up those dips. Whatever you do this merry May, don’t sell into fear. Question Of The Week ==================== > **_What’s your favourite SocialFi protocol?_** **Share your answers in the comments.** _Thanks for stopping by and reading the_ **_‘Adventures In Crypto Land’_** _weekly digest. We will post like this every Saturday, covering all the latest and shiniest crypto news. Be sure to hit follow and share with your foes._ **_Stay SAFU._** **Sam** --- *Originally published on [Adventures In Crypto Land](https://paragraph.com/@itssmozi/adventures-in-crypto-land)*