Bitcoin and Ethereum ETF Inflows Surge

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The chapter focuses on the remarkable increase in Bitcoin ETF inflows, particularly highlighting a record-breaking week with nearly $900 million of inflows on June 4th, led by the Fidelity FBTC ETF. The discussion emphasizes how these inflows are propelling Bitcoin prices towards all-time highs, with optimism for continued institutional involvement. Speculation around the Ethereum ETF approval timeline, BlackRock's involvement, and a fee war among ETH ETF issuers is also discussed.

Bankless Friday Weekly Rollup 1st Week of June 2024

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TIMESTAMPS & RESOURCES

0:00 Intro

3:26 Prices

4:30 L2 Update https://x.com/jessepollak/status/1798731497173905439 https://x.com/0xKofi/status/1797645289307951127 https://x.com/Uniswap/status/1797624523711561828 https://x.com/RyanSAdams/status/1798460468069085234

10:00 3 more milestone numbers on the wk https://x.com/TrustlessState/status/1798497346512412898 https://x.com/0xDeFiDevin/status/1797462120713613511 https://twitter.com/sorellalabs https://www.coingecko.com/en/coins/bnb

17:52 FROTHY STONKS https://x.com/greg16676935420/status/1798404597897363936 https://companiesmarketcap.com/assets-by-market-cap/ https://www.reddit.com/user/DeepFuckingValue/ https://www.tradingview.com/chart/?symbol=NYSE%3AGME https://x.com/JasonHitchcock/status/1797437168324899192

26:04 ETFs are back baby! Wen ETH ETF, wen banana zone for ETH? https://x.com/CarpeNoctom/status/1798170536146825630 https://x.com/ericbalchunas/status/1798156058487382232 https://x.com/bitcoinmagazine/status/1796120216780333409 https://x.com/EricBalchunas/status/1797644643712262482 https://finance.yahoo.com/news/blackrock-says-10m-seed-money-174942096.html https://x.com/ericbalchunas/status/1796606348324634798 https://x.com/EricBalchunas/status/1797589909768949827 https://x.com/EleanorTerrett/status/1798351844248576311 https://x.com/AlexanderGrieve/status/1798352191713157308 https://x.com/RyanSAdams/status/1796543517671424065 https://x.com/tradetheflow_/status/1797520578087465295/photo/2 https://x.com/vaneck_us/status/1798428976068657411 https://x.com/vaneck_us/status/1798432653726658619

43:55 President Biden missed the layup - vetoed SAB-121 https://www.whitehouse.gov/briefing-room/presidential-actions/2024/05/31/a-message-to-the-house-of-representatives-on-the-presidents-veto-of-h-j-res-109/ https://www.aba.com/advocacy/policy-analysis/letter-to-president-biden-sab-121 https://x.com/faryarshirzad/status/1796837972978872764 https://x.com/nic__carter/status/1796687373314445766 https://x.com/standwithcrypto/status/1798433256339079417 https://x.com/fejau_inc/status/1796310685330051121 https://www.coindesk.com/markets/2024/05/30/trump-token-sinks-after-former-us-president-is-found-guilty-in-new-york/

52:50 Robinhood Acquires Bitstamp https://x.com/RobinhoodApp/status/1798672303519342898 https://twitter.com/vladtenev/status/1798680590344126963

55:05 Celebcoin Culture Wars https://www.coingecko.com/en/coins/mother-iggy https://x.com/VitalikButerin/status/1798290424622113230 https://x.com/IGGYAZALEA/status/1798471807647068297 https://x.com/haydenzadams/status/1798551176834638114

59:32 ETH Coinbase’s smart wallets is now officially launched! Is this how we get to billions? https://www.coinbase.com/blog/a-new-era-in-crypto-wallets-smart-wallet-is-here https://x.com/jessepollak/status/1797772737207062752

1:02:31 StarkWare plans to bring ZK scaling to Bitcoin alongside Ethereum https://x.com/StarkWareLtd/status/1797985467666940265 https://bankless.cc/PermissionlessDiscount

1:05:31 Punks below 30 ETH https://x.com/punksOTC/status/1798093880711155918

1:06:26 Blackrock and Citadel wants to launch new rival Stock Exchange in Texas https://www.reuters.com/markets/us/blackrock-citadel-backed-group-start-new-national-stock-exchange-texas-wsj-2024-06-05/ https://x.com/delzennejc/status/1798399433651974301

1:10:21 Raises and BVC Investments Mountain raised $8M in Series A https://x.com/MountainUSDM/status/1798740495679815731

1:11:35 MEME of the Week https://x.com/TrustlessState/status/1798124339843449065

1:12:19 Closing & Disclaimers

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