Weekly Roundup 06/16/23 (Prometheum madness, the Hinman emails, HK's crypto banking play) (EP.431)
On The Brink with Castle Island
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BlackRock's Proposal for a Bitcoin ETF
BlackRock is reportedly close to filing up an application for Bitcoin ETF. Representative Warren Davidson of Ohio and Majority Web Tom Member have introduced a bill called the SEC Stabilization Act, which would create a six commissioner structure with the executive director kind of a pared-down role. A bunch of legacy trad5 players just point out is, okay, this is unworkable.
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Transcript
