It is Wednesday, June the 3rd. I'm your host David Canales, and this is the breakdown.

chatting about a few things this morning. We're looking at this idea that crypto has been

left behind by the stock market. I've seen a lot of takes about that over the past few days,

over the past few weeks. We're going to take a look if that's truly the case and how

crypto stacks up against the stock market over the year gone and the year to date. We're also looking at

ETFs. I mean, Bitcoin ETFs, we're seeing a lot of outflows. We're going to be looking

exactly how much and how that compares to the overall arc of cumulative flows and so on.

We're looking at Microsoft's new quantum computing chip that it says is accelerating

the timeline to Q Day?

We take looking at those claims and some of the reactions to that.

So enough jibba jabba.

This is the breakdown.

Let's get to it.

Nothing said on the breakdown is a recommendation to buy yourself securities or tokens.

This podcast is for informational purposes only and any views expressed by anyone in the show are opinions, not financial advice.

Host and guests may hold positions in the company's funds or projects discussed.

All righty.

So first up, yeah, I have this tweet from Blockworks co-founder, Mikey Polito, that kind of outlines the general vibe out there when it comes to crypto versus the ever-pumping stock market right now. I'm just going to

read it out. If you're wondering why crypto has been left behind while the stock market takes off,

look no further than the everything is a meme crowd. That type of thinking, which birthed ideas

like ultrasound money, meme coins,

dats, etc. is why we're lagging. It's not because the regulators are out to get us or because

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