The Wolf Of All Streets

"Bitcoin Is Being Weaponized & Nobody Understands What Happens Next" | Zac Prince

Feb 1, 2026
Zac Prince, former BlockFi CEO and now CEO of Galaxy One, is an experienced crypto entrepreneur. He discusses how ETFs, regulation, and institutional money are reshaping Bitcoin into a tool of power. They cover why yield products keep failing. He also explains Galaxy One’s approach to generating 'safe' yield and the political risks that could upend compliant crypto firms.
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INSIGHT

Post‑Cycle Market Reshaping

  • The 2022 crypto cycle reshaped the industry from spot-driven to ETF, options, and futures-driven markets.
  • That structural change makes crypto in 2025 look fundamentally different from 2021.
ANECDOTE

BlockFi's Regulatory Pain Points

  • Zac Prince recounts BlockFi's capital and legal struggles that hampered fundraising and led to an unprecedented SEC settlement.
  • He links regulatory posture to BlockFi's inability to continue despite not being fraudulent.
INSIGHT

Yield's Return Through Institutional Structures

  • Yield went from taboo to mainstream because of interest-rate and regulatory shifts.
  • Institutions are now packaging yield in regulated structures instead of the old C5 model.
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