MARKETS DAILY: Crypto Update | Bitcoin ETFs Are Still 'Wildly Successful': Kraken Head of Strategy
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 6 May 2024
⏱️ 13 minutes
🧾️ Download transcript
Summary
The latest price moves and insights with Jennifer Sanasie and Kraken Head of Strategy Thomas Perfumo.
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On "Markets Daily," Kraken Head of Strategy Thomas Perfumo weighs in on overall performance across the crypto market and potential approval of spot Ether ETFs in the U.S. Plus, insights on growth in the DeFi space.
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This episode was hosted by Jennifer Sanasie. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Victor Chen, alongside Senior Booking Producer Melissa Montañez. All original music by Doc Blust and Colin Mealey.
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Transcript
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| 0:49.7 | Thomas, what's your call of the day? |
| 0:52.3 | I'm going to play a little Nostradamus here. |
| 0:55.5 | I'm going to say that we're going to have another positive net inflow today for the Bitcoin |
| 0:58.8 | ETFs. |
| 1:04.5 | Happy Monday. |
| 1:05.8 | It's May 6th, 2024, and this is Markets Daily, a show where we get into the minds of |
| 1:10.8 | some of the smartest and most experienced Markets Daily, a show where we get into the minds of some of the smartest |
| 1:11.6 | and most experienced investors, traders, analysts, researchers, CEOs, and anyone with a smart |
| 1:17.3 | or hot take. I'm Jen Sannessy. Before we get into our discussion today, let's take a look at |
| 1:21.8 | what's going on in the markets. Now, Bitcoin has erased last week's losses. Prices are up across the board. Of course, |
| 1:29.2 | we saw Bitcoin make a recovery on Friday as we got cooler than expected U.S. April jobs data, |
| 1:34.6 | erasing concerns about higher interest rates. Following that report, market participants saw a 68% |
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