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ROLLUP: Record ETF Flows, Up or Down? | Trump's New Crypto Policy | California Going Onchain?

Aug 2, 2024

01:18:25

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Snipd AI

At a Bitcoin conference, Trump's pro-crypto speech ignited excitement in the community. Ethereum ETFs are undergoing noteworthy shifts, with new inflows amidst Bitcoin outflows. California is leading the way by digitally transitioning car titles on Avalanche. The political scene is evolving, reflecting a growing pro-crypto sentiment. Additionally, advancements in Ethereum's rollup technology promise increased efficiency, while the liquidity cycle and its impact on the market continues to be a hot topic.

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Podcast summary created with Snipd AI

Quick takeaways

Trump's pro-Bitcoin speech at the Bitcoin Conference signals a potential political shift supporting cryptocurrency innovation and adoption.

The contrasting ETF flows for Bitcoin and Ethereum illustrate changing investor preferences and a maturation of the cryptocurrency market.

California's transition of car title transfers to the Avalanche blockchain represents a significant step towards efficiency in vehicle transactions.

Deep dives

Donald Trump's Bitcoin Conference Appearance

Donald Trump made headlines by appearing at a major Bitcoin conference, claiming the title of the first American president to address such an event. His speech included vows to become a pro-Bitcoin president and promised to fire SEC Chairman Gary Gensler, which received significant applause from the audience. Trump emphasized the importance of innovation and the need to uplift the cryptocurrency industry, criticizing censorship of new ideas. He assured attendees that under his leadership, America would embrace technology and once again plant its flag in new frontiers.

1.

Intro

4min

2.

Ethereum ETF Dynamics and Market Shifts

14min

3.

Crypto Market Dynamics and Layer Two Ecosystem Growth

3min

4.

Ethereum Rollups and Market Insights

5min

5.

The Liquidity Cycle and Upcoming Bitcoin Conference Insights

6min

6.

Crypto Politics Unveiled

19min

7.

Expansion Beyond Crypto: Polymarket's New Audience and Industry Updates

5min

8.

Blockchain Humor and Innovations

24min

At The Bitcoin Conference in Nashville, Trump delivered a speech that resonated big time with the crypto community. What was it that he said to generate the loudest cheer?

Meanwhile, ETF flows continue unabated, with ETH seeing its first day of net inflows coinciding with BTC’s first net outflows in some time – is this a coincidence or just noise?

And finally, California is transitioning car title transfers to... Avalanche?

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TIMESTAMPS & RESOURCES

00:00:00 Intro

00:02:24 ETF Flows

https://dune.com/hildobby/btc-etfs

https://x.com/JSeyff/status/1818268093656822054

https://dune.com/hildobby/eth-etfs

https://x.com/NateGeraci/status/1818471523801317679

https://farside.co.uk/?p=997

00:14:41 ETH Flag Over Wall St

https://x.com/NateGeraci/status/1816620919353483273

https://x.com/MacroScope17/status/1816847251894911315

00:17:49 L2 Update

https://l2beat.com/scaling/summary

00:22:39 Fed Keeps Rates Steady

https://www.cnbc.com/2024/07/31/fed-rate-decision-july-2024.html

00:30:17 Trump At Bitcoin Nashville

https://x.com/saylor/status/1817916450880802892

https://x.com/VentureCoinist/status/1817306455441043734

00:37:19 Unpacking The Trump Speech

https://x.com/nic__carter/status/1817301604627796119

00:40:22 RFK's Speech

https://x.com/VentureCoinist/status/1817255603087249638

https://x.com/VentureCoinist/status/1817255605926772825

https://x.com/SenLummis/status/1817320519185932726

https://x.com/nic__carter/status/1817310483445407895

00:46:08 Democrats New Crypto Take

https://x.com/bitcoinpierre/status/1817219938672591310?s=46&t=dmRhP54bJmHi0Ppb8BT30Q

00:48:42 Largest Crypto Super PAC

https://x.com/dunleavy89/status/1817896423293100087?s=46

00:49:40 Polymarket On Forbes

https://x.com/shayne_coplan/status/1818770799601631588

00:54:21 Happy Birthday Ethereum!

https://x.com/VitalikButerin/status/1818146456550961620

00:55:43 Eclipse Mainnet

https://x.com/EclipseFND/status/1818285443491991678

01:00:12 USDC On Base

https://x.com/brian_armstrong/status/1815782410250002556

https://x.com/liamihorne/status/1818393309150429626

01:03:14 Cali DMV Builds On Avalanche

https://www.gov.ca.gov/2022/05/04/governor-newsom-signs-blockchain-executive-order-to-spur-responsible-web3-innovation-grow-jobs-and-protect-consumers/

https://www.gov.ca.gov/wp-content/uploads/2022/05/5.4.22-Blockchain-EO-N-9-22-signed.pdf

https://www.avax.network/blog/california-dmv-makes-history-digitizes-42-million-car-titles-on-avalanche-blockchain

01:09:32 EigenLayer AVS Awards

https://x.com/eigenlayer/status/1816867158032548136

01:11:02 Song-A-Day Man Suing SEC

https://news.bloomberglaw.com/litigation/nft-artists-sue-us-regulator-to-head-off-enforcement-action?utm_medium=lawdesk&campaign=BF59CD6C-4EE0-11EF-BAB6-F29F0FC802AB&utm_source=twitter

https://x.com/banklesshq/status/1818003379487932702?s=46

01:13:36 Raises

https://x.com/hyperbolic_labs/status/1818269892367495655

https://x.com/jokerace_io/status/1818660513905360910?s=46&t=dAxCjT2P_GIrJMvMgWIpfA

01:15:37 The Daily GWEI!

https://www.youtube.com/channel/UCvCp6vKY5jDr87htKH6hgDA

01:17:27 Meme Of The Week

https://x.com/LyleHauser/status/1818828084541308994

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Not financial or tax advice. See our investment disclosures here:

https://www.bankless.com/disclosures⁠

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