Big Take cover image

Big Take

How Crypto Is (Finally, Actually) Winning Over Wall Street

Feb 7, 2024
10:27
Snipd AI
Crypto is gaining mainstream acceptance as big banks embrace the technology. The podcast discusses the early days of the industry and the contributions of key players. It also explores Wall Street's shift towards crypto, regulatory uncertainty, and the launch of Bitcoin ETFs. The impact of the first Bitcoin ETF on the entertainment industry and the future of crypto is also discussed.
Read more

Podcast summary created with Snipd AI

Quick takeaways

  • Traditional financial institutions are now embracing the technology behind crypto, signaling stability and trustworthiness.
  • The approval of Bitcoin ETFs has made it easier for everyday investors to access and invest in crypto, potentially reducing volatility and attracting a mainstream audience.

Deep dives

Crypto Industry Transitioning to Wall Street

In the early days of cryptocurrency, the industry was characterized by passionate tech enthusiasts who believed in the potential of crypto to revolutionize finance. However, with the launch of FTX and its subsequent collapse, there has been a shift in the industry. Traditional financial institutions, such as JP Morgan and Goldman Sachs, are now embracing the technology behind crypto and exploring its potential. This shift towards mainstream adoption is seen as a signal of stability and trustworthiness, which has attracted Wall Street investors.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode