Unchained

The Chopping Block: When Will the ETF Hype End? - Ep. 596

6 snips
Jan 18, 2024
Dive into the complexities of crypto ETFs and their influence on market dynamics. The hosts discuss Tether's controversies and implications for scams, particularly in Southeast Asia. Explore the rise of crypto casinos and their push for transparency. NFTs are scrutinized as they evolve beyond just digital art. The conversation also touches on the integration of crypto tech in devices, such as the Solana phone, and the shifting perceptions around asset-backed securities in the crypto landscape.
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INSIGHT

GBTC's surprising resilience

  • Grayscale Bitcoin Trust (GBTC) experienced less outflow than anticipated after the Bitcoin ETF launch.
  • It suggests GBTC might remain a profitable business despite higher fees.
INSIGHT

ETFs and Authorized Participants

  • ETFs use authorized participants (APs), similar to NFT whitelists, for arbitrage and market tracking.
  • Limiting APs simplifies administration and ensures reliable arbitrage execution.
INSIGHT

Larry Fink's Crypto Bullposting

  • Larry Fink's vocal support for Bitcoin and tokenization signals a potential shift in traditional finance.
  • This, coupled with Bitcoin ETFs' success, may pave the way for an Ether ETF launch in 2024.
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