Episode 498
Weekly Roundup 01/12/24 (BTC ETFs launch, more ETF, even more ETF) (EP.498)
On The Brink with Castle Island · Castle Island Ventures
January 12, 202441m 30s
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Show Notes
Matt and Nic are back for a historic week in the history of Bitcoin. In this episode:
- Spot ETF approved and starts trading
- Why day 1 flows might disappoint but longer term flows could materialize
- Day 1 price action review
- The GBTC conversion effect
- ETF scoreboard after one day of launch
- The SEC's multiple SNAFUS in their ETF launch
- Gensler's grudging approval and his questionable logic
- Commissioner Crenshaw's dissent
- Gensler may have made a strategic mistake in his dissent
- Prospects for an ETH ETF
- What's next for the Bloomberg ETF boys
- Did Bitcoin change tradfi
- Fidelity is harvesting goodwill
- ETF fee review
Sponsor notes
- Market Structure on the Cusp of Spot Bitcoin ETFs
- In Coin Metrics State of the Network Issue 241, we explore digital asset market structure on the cusp of spot Bitcoin ETFs