$30k BTC & Beyond? BlackRock Bitcoin ETF with Austin Campbell
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 22 June 2023
⏱️ 59 minutes
🧾️ Download transcript
Summary
Austin Campbell is the managing partner of Zero Knowledge Consulting, an adjunct professor at Columbia Business School, and used to work at Paxos in both Portfolio Management and Chief Risk Officer. He also was Co-Head of Digital Assets in Global Rates at CitiBank at JP Morgan for a decade.
Austin knows a thing or two about the TradWorld and we brought him on to help us navigate all of the TradNews that has surfaced in the last two weeks around the crypto space.
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TIMESTAMPS:
0:00 Intro
5:12 Austin Campbell
7:14 TradFi Last Two Weeks
10:59 Political Conspiracy
15:05 Timing Analysis
17:17 BlackRock Bitcoin ETF
20:05 Other Bitcoin ETFs Denied
22:47 What's the SEC's Next Move?
24:00 How Bullish is This?
26:13 BlackRock & Coinbase/Kraken Partnership
31:15 EDX Markets
37:22 Unbundling of Crypto Exchanges
42:22 Stablecoins Landscape
49:55 Stablecoin McHenry Bill
56:50 International Stablecoins
57:55 Closing & Disclosures
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RESOURCES:
Austin Campbell
https://twitter.com/CampbellJAustin
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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://www.bankless.com/disclosures
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Bank of the nation, it's tradfy season. The black rock, the with tenet trillion dollars |
| 0:10.2 | of AUM, the biggest asset manager, I think in the United States, has submitted an application |
| 0:15.9 | for a Bitcoin ETF. Is it going to get approved? How bullish is it? What does this mean for |
| 0:21.4 | the SEC's treatment of crypto? But not only that Charles Schwab and Fideli have a new exchange |
| 0:28.7 | entering into the marketplace. The EDX markets exchange has entered the fold. Who is this |
| 0:35.2 | marketplace for? How is it different? And what is with the timing of all of this in the |
| 0:41.1 | worst, most hostile regulatory environment? Some of the biggest traditional players have |
| 0:45.5 | decided to enter the game. What is the deal with that? There's also a bunch of stablecoin |
| 0:51.5 | conversations to be had as well. Stable coins are under attack. Some of them are being |
| 0:55.6 | labeled as securities, yet also there is a stable coin bill going through Congress. Why |
| 1:02.3 | is this all happening at once? These are some very deep, very big questions about the |
| 1:07.4 | way that the incumbents of the world are treating our industry, and they're also treating |
| 1:12.6 | it well. They want to come play the game. The tradfy conversation is definitely a conversation |
| 1:18.5 | that I need help with. So we are bringing on someone who has been in the tradfy world |
| 1:23.1 | Austin Campbell, new to the bankless podcast is going to help us navigate some of these |
| 1:27.2 | conversations, and I will introduce him in just a second. But first, a moment to talk about |
| 1:31.5 | some of these fantastic sponsors that make this show possible, especially Kraken are |
| 1:35.0 | preferred exchange for crypto in 2023. We're going to talk about another kind of exchange, |
| 1:38.8 | but Kraken is the exchange for you. We're going to talk about how that's different. If |
| 1:41.9 | you do not have an account with him, Kraken, consider clicking the link in the show notes |
| 1:45.0 | to sign up for one. Now we're going to hear from them right now. Let's go. |
| 1:48.4 | Kraken Pro has easily become the best crypto trading platform in the industry. The place |
... |
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