Why Big Money Is Betting On Crypto Again | Gavin Michael, Bakkt

Gavin Michael, CEO of Bakkt — a crypto exchange backed by ICE, and a crypto loyalty platform collaborating with top-tier US and global brands — joins my show. Dive into our discussion on the resurgence of institutional interest in crypto, Gavin's perspective on a potential Bitcoin ETF approval, and the future of real-world asset tokenization!

Gavin Michael: https://twitter.com/gavinmichael

►► JOIN THE FREE WOLF DEN NEWSLETTER, DELIVERED EVERY WEEK DAY!

👉https://thewolfden.substack.com/  

►► OKX

Sign up for an OKX Trading Account then deposit & trade to unlock mystery box rewards of up to $10,000! 

👉 https://www.okx.com/join/SCOTTMELKER

►►THE DAILY CLOSE

BRAND NEW NEWSLETTER! INSTITUTIONAL GRADE INDICATORS AND DATA DELIVERED DIRECTLY TO YOUR INBOX, EVERY DAY AT THE DAILY CLOSE. TRADE LIKE THE BIG BOYS.

👉 https://www.thedailyclose.io/  

►►NORD VPN 

GET EXCLUSIVE NORDVPN DEAL - 40% DISCOUNT! IT’S RISK-FREE WITH NORD’S 30-DAY MONEY-BACK GUARANTEE. PROTECT YOUR PRIVACY!

👉 https://nordvpn.com/WolfOfAllStreets  

►►COINROUTES

TRADE SPOT & DERIVATIVES ACROSS CEFI AND DEFI USING YOUR OWN ACCOUNTS WITH THIS ADVANCED ALGORITHMIC PLATFORM. SAVE TONS OF MONEY ON TRADING FEES LIKE THE PROS!

👉 http://bit.ly/3ZXeYKd 

Follow Scott Melker:

Twitter: https://twitter.com/scottmelker  

Web: https://www.thewolfofallstreets.io  

Spotify: https://spoti.fi/30N5FDe  

Apple podcast: https://apple.co/3FASB2c  

#Bitcoin #Crypto #Bakkt 

Timestamps:

0:00 Intro

1:35 Institutional players are coming back

3:12 The adult in the room

4:50 Degenerate crypto vs institutions

6:18 Custody

9:50 How institutional custody works

13:33 10x interested in Staking-As-A-Service

15:30 BlackRock ETF filing

19:18 Tokenization of real-world assets

23:18 Navigating the regulatory environment

28:10 USA is far behind other jurisdictions

30:00 Optimistic about Bitcoin ETF

32:26 How Gavin Michael moved to crypto

34:40 What excites Gavin in crypto

37:45 Meme coins

38:55 Market makers leaving the USA

40:00 Participation

40:45 Follow Gavin

The views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor. Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment.