Unpacking the Bitcoin ETF and What's Next | Roundup
In today's episode of Empire Santi and Jason are joined by Blockworks Senior Reporters Casey Wagner and Ben Strack to analyze the historic first approvals of Bitcoin spot ETFs. They discuss the early winners among top asset managers, with BlackRock, Fidelity, and Grayscale seeing significant early trading volumes. We also unpack the unfolding fee war between issuers as they slash prices to as low as 0.15% to stay competitive. We also dive into Coinbase's role as custodian for 9 of the 11 approved ETFs and discuss why their stock price surprisingly dropped. Stay tuned for all of this and much more!
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Learn more + get your ticket here: https://blockworks.co/event/digital-asset-summit-2024-london/home
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Resources
Bitwise Survey
https://s3.amazonaws.com/static.bitwiseinvestments.com/Research/The-Bitwise-VettaFi-2023-Benchmark-Survey.pdf
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Timestamps:
(01:24) ETF Approval History
(10:04) The Fee Battles & ETF Customers
(15:10) Grayscale Pivoting GBTC
(19:18) Flow and AUM Predictions
(24:09) DAS 2024
(25:24) PayPal Ad
(26:22) ETH ETF Outlook
(29:08) Coinbase Stock Pullback
(31:24) SEC Prosecution Impact
(36:59) Circle IPO
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Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.
SBF Trial Update: Damning Testimonies and What's at Stake
In today's episode of Empire the Jason and Santi are back, diving into In this week's Empire Roundup, Jason and Santi welcome Blockworks' Senior Reporter, Casey Wagner, for an in-depth look into the unfolding Sam Bankman-Fried trial in the Southern District of New York. Casey shares firsthand observations, including compelling witness accounts from Caroline Ellison and Nishad Singh that implicate SBF. The trio delve into the prosecution's tactics, jury sentiment, and anticipates the defense's forthcoming arguments. Additionally, the episode explores the ripple effects of these developments on GBTC's prospects for Bitcoin ETF conversion, the future viability of Genesis and DCG amid NYAG lawsuit allegations, and the recent controversy surrounding Uniswap's fee structure changes.
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Chronicle Protocol is a novel Oracle solution that has exclusively secured over $10B in assets for MakerDAO and its ecosystem since 2017. With a history of innovation, including the invention of the first Oracle on Ethereum, Chronicle Protocol continues to redefine Oracles. A blockchain-agnostic protocol, Chronicle overcomes the current limitations of transferring data on-chain by developing the first truly scalable, cost-efficient, decentralized, and verifiable Oracles, rewriting the rulebook on data transparency and accessibility.
Learn more about Chronicle Protocol: https://chroniclelabs.org/
Join the Chronicle Labs team: https://chroniclelabs.org/careers#open_roles
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Follow Santi: https://twitter.com/santiagoroel
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Timestamps:
(00:00) SBF Trial Updates
(23:20) Timeline for SBF Sentencing
(29:24) Chronicle Ad
(30:40) Metamask Ad
(31:26) Gemini, Genesis, DCG Sued by New York AG
(50:00) Ramifications of Explosions in Crypto
(55:34) Uniswap Fee Switch
(01:04:33) Pudgy Penguins LIVE Unboxing
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Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.
SBF Trial: Week 1 Unpacked | Roundup
In today's episode of Empire all eyes are on Sam Bankman-Fried. Santi is joined by Blockworks Senior Reporter Casey Wagner who is covering SBF's criminal trial live from the Southern District of New York court. She provides details on the jury selection process, opening statements from the prosecution and defense, and testimony so far from witnesses like Bankman-Fried's former best friend and roommate. Casey covers the nuanced strategies of the prosecution and defense while providing unique insights into the sentiment in the courtroom. She also discusses potential witness testimony over the next few weeks which may shed more light on Bankman-Fried's knowledge and actions leading up to FTX's collapse.
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Chronicle Protocol is a novel Oracle solution that has exclusively secured over $10B in assets for MakerDAO and its ecosystem since 2017. With a history of innovation, including the invention of the first Oracle on Ethereum, Chronicle Protocol continues to redefine Oracles. A blockchain-agnostic protocol, Chronicle overcomes the current limitations of transferring data on-chain by developing the first truly scalable, cost-efficient, decentralized, and verifiable Oracles, rewriting the rulebook on data transparency and accessibility.
Learn more about Chronicle Protocol: https://chroniclelabs.org/
Join the Chronicle Labs team: https://chroniclelabs.org/careers#open_roles
- -
Follow Santi: https://twitter.com/santiagoroel
Follow Jason: https://twitter.com/JasonYanowitz
Follow Empire: https://twitter.com/theempirepod
Subscribe on YouTube: https://tinyurl.com/4fdhhb2j
Subscribe on Apple: https://tinyurl.com/mv4frfv7
Subscribe on Spotify: https://tinyurl.com/wbaypprw
Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/
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Timestamps:
(00:00) Southern District of New York Court Coverage
(15:44) Prosecution Strategy
(25:00) Will Sam Testify?
(30:34) Chronicle Ad
(31:50) TOKU ad
(33:00) Witnesses
(41:25) Sam's Best Friend Testifies
(51:00) Prosecution and Defense Teams
(54:47) How is SBF?
(58:55) Courtroom Sentiment
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Resources
SBF Trial Live Updates
https://blockworks.co/news/sbf-trial-day-1
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Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.