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Morning Brew Daily

The Bitcoin ETF Is Here & OpenAI Opens a GPT Store

Jan 11, 2024
27:40
Snipd AI
SEC approving rule changes for Bitcoin ETFs, OpenAI opening a GPT store, quarter million nanoplastics found in water bottles, snow shortage impacting businesses worldwide, Girl Scout Cookie season is back.
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Podcast summary created with Snipd AI

Quick takeaways

  • The legalization of weed in a state can influence college decision-making, leading to a significant increase in college applications for both smaller and larger schools.
  • The SEC's approval of Bitcoin ETFs marks a milestone in the convergence of traditional finance and crypto, providing wider accessibility to Bitcoin investments and sparking a fee battle among ETF issuers.

Deep dives

Legalized weed and college admissions

A peer reviewed study found that the legalization of recreational weed in a state led to a 5.5% increase in college applications for that state's colleges compared to non-legal states. For larger schools, applications jumped nearly 54%. This research indicates that external factors, such as the legalization of weed, can influence college decision-making.

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