ROLLUP: ETH ETF Approved | Crypto Politics | Uniswap Wells Notice | Airdrop Reset?
Bankless
Ethereum ETF Approval: A Political Tide
This chapter examines the shifting political dynamics surrounding the potential approval of an Ethereum ETF, particularly in light of recent bipartisan support in Congress. It discusses the implications of the SEC's decision-making process and the influence of political pressure, alongside market reactions to significant developments. The conversation highlights the broader significance of ETF approval for institutional investment and its potential impact on the cryptocurrency landscape.
✨ Mint the episode on Zora ✨ https://zora.co/collect/zora:0x0c294913a7596b427add7dcbd6d7bbfc7338d53f/4
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------ TIMESTAMPS & RESOURCES
0:00 Intro
3:52 MARKET WatcherGuru/status/1792646445075431627 https://ycharts.com/companies/ETHE/discount_or_premium_to_nav https://x.com/Timccopeland/status/1793653604387328381 https://x.com/bx1core/status/1792712990141338049 https://imgur.com/hbveuq5 https://x.com/pythianism/status/1793369623301403024 https://x.com/UncleRewards/status/1793623611405947147 https://imgur.com/uevxXfe https://www.coinglass.com/bitcoin-etf
18:54 How the odds of an ETH ETF approval suddenly swung in our favor https://x.com/BanklessHQ/status/1791140496397468064 https://x.com/RyanSAdams/status/1791147869791002699 https://www.youtube.com/watch?v=bFEGCmHqBT4&t=898s https://x.com/songadaymann/status/1792667124919599263 https://x.com/EricBalchunas/status/1792636523050906102 https://www.coindesk.com/policy/2024/05/20/ether-etfs-filing-process-sees-abrupt-progress-though-approval-not-guaranteed-sources/ https://x.com/JSeyff/status/1793039305125790105
26:28 Letter Urging ETH ETF Approval from Congress - THIS MORNING https://x.com/EricBalchunas/status/1793620303966503267 https://x.com/CGasparino/status/1793268472484425865 https://x.com/nategeraci/status/1792993889189593502 https://x.com/JSeyff/status/1792650597377757456
29:50 Promethum is launching its Ethereum custody https://fortune.com/crypto/2024/05/20/controversial-digital-assets-firm-prometheum-launches-long-awaited-ether-custody-argues-that-existing-laws-work-for-crypto/ https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=409274 https://x.com/RyanSAdams/status/1792907980624523549 https://x.com/jchervinsky/status/1793398130269954346
32:16 FIT21 passes the House 279 - 136 🎉 https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=409277 https://x.com/avichal/status/1793370415664148496 https://youtu.be/_QvOzpKX3I4?si=__6q_Ffl-PU7R4oe https://x.com/BanklessHQ/status/1793291448965624088 https://pelosi.house.gov/news/press-releases/pelosi-statement-fit21-legislation https://x.com/BanklessHQ/status/1793367943671402923
43:12 Another win for crypto this week - “Choke Point Marty is done” https://x.com/nic__carter/status/1792569285799186641 https://x.com/twobitidiot/status/1793606319301447920 https://www.sec.gov/news/statement/gensler-21st-century-act-05222024 https://x.com/twobitidiot/status/1793399316012318821 https://x.com/zerohedge/status/1792659983370523096 https://x.com/nic__carter/status/1792660581272670650 https://x.com/meanwhilelife/status/1792936024244466174 Exhibit A: https://x.com/ewarren/status/1641138829162577928 Exhibit B: https://x.com/WatcherGuru/status/1793261382676119866 Exhibit C: https://x.com/BitcoinMagazine/status/1793025045310115910 Exhibit D: https://x.com/SMTuffy/status/1793604355591110692 Exhibit E: https://x.com/SenLummis/status/1793654641974288558
53:32 ETH ETF just reopened the window for protocol airdrops! https://x.com/TrustlessState/status/1792958932228653249
55:09 Yuga Labs ‘Punk World’ https://x.com/cryptopunksnfts/status/1792594316172341315 https://x.com/CryptoGarga/status/1792694910904136028
56:46 We finally found out what was the Uniswap Wells notice about https://x.com/Togbe0x/status/1792973545762595199 https://x.com/haydenzadams/status/1792973692223336615 https://www.coingecko.com/en/coins/uniswap https://x.com/TrustlessState/status/1793650716080562382
1:01:28 Binance executive denied bail in Nigeria amid $35 million money laundering trial https://thenationonlineng.net/just-in-court-rejects-binance-officials-bail-request https://x.com/RyanSAdams/status/1791466137793830974 Binance CEO Richard Teng in a blog post https://www.binance.com/en/blog/leadership/from-richard-teng-binance-ceo-tigran-gambaryan-is https://x.com/vibhu/status/1792419936725528816?s=46&t=LKBC7Qtm18FnZ380xCF2pA
1:04:02 Bankless is launching 'Bankless Onchain' Phase II: Mint Our History https://www.bankless.com/bankless-onchain-phase-2 Mint Bankless Archive here: https://bankless.cc/OnchainArchive Mint new episodes here: https://bankless.cc/onchain
1:05:44 Raises and BVC Investments Farcaster has raised $150M! At Valuation $1B https://danromero.org/farcaster-update/
1:06:30 MEME of the Week https://x.com/basedkarbon/status/1793435193274998945
1:07:16 Moment of Zen https://x.com/songadaymann/status/1793751482816176300
------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures
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