Bankless

ROLLUP: ETH ETF Approved | Crypto Politics | Uniswap Wells Notice | Airdrop Reset?

May 24, 2024

01:09:44

Snipd AI

This podcast explores the approval of an ETH ETF and its political & economic implications. They discuss market reactions, Layer 2 growth, political dynamics, crypto resistance, upcoming airdrops, NFT launches, SEC actions, and podcast collectibles on Zora chain.

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Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Ethereum ETF approval signals market wins and political pivot towards pro-crypto sentiments.

Passage of Fit 21 Act signifies regulatory progress for digital assets despite SEC Chair Gensler's opposition.

Increased political attention on crypto highlights evolving regulatory landscape and challenges ahead.

Deep dives

The Winningest Week in Crypto

This week in crypto stands out as historic, with the potential approval of the Ethereum ETF leading to significant market wins. Analysts saw improbable approval odds shifting dramatically, showcasing a political pivot towards pro-crypto sentiments.

Introduction

2min

Ethereum ETF Uncertainty and Price Movements

4min

Ethereum ETF Approval Impact

7min

Ethereum ETF Approval Impact and Layer 2s Growth

6min

Political Momentum and Speculation on Ethereum ETF Approval

12min

Political Dynamics of Crypto Regulations

19min

Crypto Resistance, Airdrop Teases, and Legal Updates

4min

Crypto Airdrops, NFT Launch, and SEC Actions

10min

Podcast Collectibles and Crypto Updates

5min

✨ Mint the episode on Zora ✨ https://zora.co/collect/zora:0x0c294913a7596b427add7dcbd6d7bbfc7338d53f/4

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------ TIMESTAMPS & RESOURCES

0:00 Intro

3:52 MARKET WatcherGuru/status/1792646445075431627 https://ycharts.com/companies/ETHE/discount_or_premium_to_nav https://x.com/Timccopeland/status/1793653604387328381 https://x.com/bx1core/status/1792712990141338049 https://imgur.com/hbveuq5 https://x.com/pythianism/status/1793369623301403024 https://x.com/UncleRewards/status/1793623611405947147 https://imgur.com/uevxXfe https://www.coinglass.com/bitcoin-etf

18:54 How the odds of an ETH ETF approval suddenly swung in our favor https://x.com/BanklessHQ/status/1791140496397468064 https://x.com/RyanSAdams/status/1791147869791002699 https://www.youtube.com/watch?v=bFEGCmHqBT4&t=898s https://x.com/songadaymann/status/1792667124919599263 https://x.com/EricBalchunas/status/1792636523050906102 https://www.coindesk.com/policy/2024/05/20/ether-etfs-filing-process-sees-abrupt-progress-though-approval-not-guaranteed-sources/ https://x.com/JSeyff/status/1793039305125790105

26:28 Letter Urging ETH ETF Approval from Congress - THIS MORNING https://x.com/EricBalchunas/status/1793620303966503267 https://x.com/CGasparino/status/1793268472484425865 https://x.com/nategeraci/status/1792993889189593502 https://x.com/JSeyff/status/1792650597377757456

29:50 Promethum is launching its Ethereum custody https://fortune.com/crypto/2024/05/20/controversial-digital-assets-firm-prometheum-launches-long-awaited-ether-custody-argues-that-existing-laws-work-for-crypto/ https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=409274 https://x.com/RyanSAdams/status/1792907980624523549 https://x.com/jchervinsky/status/1793398130269954346

32:16 FIT21 passes the House 279 - 136 🎉 https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=409277 https://x.com/avichal/status/1793370415664148496 https://youtu.be/_QvOzpKX3I4?si=__6q_Ffl-PU7R4oe https://x.com/BanklessHQ/status/1793291448965624088 https://pelosi.house.gov/news/press-releases/pelosi-statement-fit21-legislation https://x.com/BanklessHQ/status/1793367943671402923

43:12 Another win for crypto this week - “Choke Point Marty is done” https://x.com/nic__carter/status/1792569285799186641 https://x.com/twobitidiot/status/1793606319301447920 https://www.sec.gov/news/statement/gensler-21st-century-act-05222024 https://x.com/twobitidiot/status/1793399316012318821 https://x.com/zerohedge/status/1792659983370523096 https://x.com/nic__carter/status/1792660581272670650 https://x.com/meanwhilelife/status/1792936024244466174 Exhibit A: https://x.com/ewarren/status/1641138829162577928 Exhibit B: https://x.com/WatcherGuru/status/1793261382676119866 Exhibit C: https://x.com/BitcoinMagazine/status/1793025045310115910 Exhibit D: https://x.com/SMTuffy/status/1793604355591110692 Exhibit E: https://x.com/SenLummis/status/1793654641974288558

53:32 ETH ETF just reopened the window for protocol airdrops! https://x.com/TrustlessState/status/1792958932228653249

55:09 Yuga Labs ‘Punk World’ https://x.com/cryptopunksnfts/status/1792594316172341315 https://x.com/CryptoGarga/status/1792694910904136028

56:46 We finally found out what was the Uniswap Wells notice about https://x.com/Togbe0x/status/1792973545762595199 https://x.com/haydenzadams/status/1792973692223336615 https://www.coingecko.com/en/coins/uniswap https://x.com/TrustlessState/status/1793650716080562382

1:01:28 Binance executive denied bail in Nigeria amid $35 million money laundering trial https://thenationonlineng.net/just-in-court-rejects-binance-officials-bail-request https://x.com/RyanSAdams/status/1791466137793830974 Binance CEO Richard Teng in a blog post https://www.binance.com/en/blog/leadership/from-richard-teng-binance-ceo-tigran-gambaryan-is https://x.com/vibhu/status/1792419936725528816?s=46&t=LKBC7Qtm18FnZ380xCF2pA

1:04:02 Bankless is launching 'Bankless Onchain' Phase II: Mint Our History https://www.bankless.com/bankless-onchain-phase-2 Mint Bankless Archive here: https://bankless.cc/OnchainArchive Mint new episodes here: https://bankless.cc/onchain

1:05:44 Raises and BVC Investments Farcaster has raised $150M! At Valuation $1B https://danromero.org/farcaster-update/

1:06:30 MEME of the Week https://x.com/basedkarbon/status/1793435193274998945

1:07:16 Moment of Zen https://x.com/songadaymann/status/1793751482816176300

------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures

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Bankless

ROLLUP: ETH ETF Approved | Crypto Politics | Uniswap Wells Notice | Airdrop Reset?

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

The Winningest Week in Crypto

Fit 21 Act and Regulatory Clarity

SEC and Gary Gensler's Response

Political and Policy Progress in the Crypto Space

Impact of Regulatory Shifts and Industry Developments

Get the Snipd
podcast app

AI-powered
podcast player

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highlights

Save any
moment

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Bankless

ROLLUP: ETH ETF Approved | Crypto Politics | Uniswap Wells Notice | Airdrop Reset?

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

The Winningest Week in Crypto

Fit 21 Act and Regulatory Clarity

SEC and Gary Gensler's Response

Political and Policy Progress in the Crypto Space

Impact of Regulatory Shifts and Industry Developments

Get the Snipdpodcast app

AI-poweredpodcast player

Discoverhighlights

Save anymoment

Share& Export

AI-poweredpodcast player

Discoverhighlights

Get the Snipd
podcast app

AI-powered
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highlights

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moment

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