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Bankless

ROLLUP: Bitcoin ETF Approved | ETH Moves | EigenLayer Cosmos

Bankless

Bankless

Tech News, Technology, News

4.71.2K Ratings

🗓️ 12 January 2024

⏱️ 68 minutes

🧾️ Download transcript

Summary

Bankless Weekly Rollup
2nd Week of 2024 

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TIMESTAMPS

0:00 Intro
2:00 Markets
https://twitter.com/DefiIgnas/status/1745192464246292556 

20:00 Bitcoin ETF
https://twitter.com/cryptorn__/status/1745188694653276474 
https://x.com/RyanSAdams/status/1745210723490267520?s=20 
25:00 SEC Hacked
https://x.com/BTC_Archive/status/1744843666307400170?s=20 
https://twitter.com/safety/status/1744924042681897343 
https://x.com/SenLummis/status/1744860826392047845?s=20 
https://twitter.com/SecurityGuyPhil/status/1744923073315582052 
28:00 The Vote
https://twitter.com/jacqmelinek/status/1745214804468301953?s=20 
https://www.sec.gov/news/statement/crenshaw-statement-spot-bitcoin-011023 
https://www.sec.gov/news/statement/gensler-statement-spot-bitcoin-011023 
https://www.sec.gov/news/statement/peirce-statement-spot-bitcoin-011023 
37:00 Fee Wars
https://x.com/JSeyff/status/1745067027381780709?s=20 
https://www.cfbenchmarks.com/ 
https://twitter.com/jacqmelinek/status/1744775831719641089?s=20 
38:00 ETH Spot ETF
42:00 Financial Advisors
https://twitter.com/NateGeraci/status/1742968462715031674 

45:00 Circle IPO 
https://x.com/News_Of_Alpha/status/1745430416729727428?s=20 
46:45 EigenLayer Cosmos
https://twitter.com/eigenlayer/status/1744763767580442749 
https://twitter.com/DefiIgnas/status/1744796757119340869?s=20 
50:30 Modular Lyra
https://twitter.com/lyrafinance/status/1743353520831807836 
https://twitter.com/0xmjs/status/1743469305482957034?s=20 
56:00 Layer 2 Fragmentation
https://old.reddit.com/r/ethereum/comments/191kke6/ama_we_are_ef_research_pt_11_10_january_2024/kh78s3m/ 
1:02:00 X Phases out NFTs
https://techcrunch.com/2024/01/10/x-removes-support-for-nft-profile-pictures/
https://x.com/jespow/status/1745136343796113429?s=20 
https://x.com/LensProtocol/status/1745102490771612136?s=20 

1:05:30 The Daily Gwei
https://www.youtube.com/channel/UCvCp6vKY5jDr87htKH6hgDA 

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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠ 

Transcript

Click on a timestamp to play from that location

0:00.0

We have today a Bitcoin Spot EDF that has just been approved.

0:05.8

I am absolutely excited about this.

0:10.8

Bankless Nation, happy second week of January.

0:13.8

It's time for the weekly roll-up.

0:16.6

I've got Anthony Sasano here with me.

0:18.6

He is here in lieu of David who is off in the mountains.

0:21.6

What are your thoughts on the Bitcoin EDF

0:23.4

just going into this episode?

0:24.9

Yeah, I mean, I think I'm just relieved

0:26.7

that we can stop speculating on this now.

0:28.9

I know that people have already begun speculating

0:30.8

on the E-Spot E-T-F's, but it's a different thing where, you know, for months and months now, since Black Rock really filed for the E. T. F. in June of 2023, it's been non-stop speculation or will they approve it? Will they not approve it? You know, Gensler hates crypto, the SEC's unfriendly towards

0:44.7

crypto, and then as we got closer to the date, the picture became clearer and clearer. But people were still

0:49.5

doubting it up until the day of approval. They were saying, you know, Gendler is going to rug us. That's what he loves to do.

0:54.0

And then in the end, what ended up happening was that those court cases that the SEC lost,

0:58.7

especially the one against Greyscale, ended up forcing the SEC's hand in order to approve these and

1:04.5

Gensler was one of the ones that voted for the approval. There was three, four and

1:08.6

two against I believe, which is which is quite funny to see. It's beautiful and definitely worth celebrating.

1:14.0

So guys a few things we're going to talk about.

1:16.0

Number one, the spot, Bitcoin ETF.

1:18.0

How did it happen?

1:19.0

It seems like the SEC approved this begrudgingly.

...

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