Welcome back to The Breakdown with me, NLW.

It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world.

What's going on, guys? It is Saturday, December 2nd, and that means it's time for the weekly recap.

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com slash breakdown pod. Hello, friends.

Well, we are back with the weekly breakdown and we are doing the version that is me and Scott

Melker going live on Friday mornings replayed for you here in all of its glory.

As you will see, the big theme of this show and of this week is, I think, the transition

away from the cleanup of the past, see SBF trials, see CZ settlement, and into the

exciting future that's coming. We talk about nine straight weeks of positive fund inflows,

we talk about positioning for the upcoming anticipated ETF, and it definitely feels like we

have turned a corner. Even if there's still a lot of antagonism coming from certain parts of the

Biden administration, most notably the Treasury Department, from a market perspective... a corner. Even if there's still a lot of antagonism coming from certain parts of the Biden

administration, most notably the Treasury Department, from a market perspective and from an

institutional perspective, things have clearly shifted. And so, friends, without any further ado,

let's get into the episode.

We really slacked here the last couple weeks, man.

It's been a weird little period, but we're back as our, as is the whole industry.

We just wanted to give it a chance to get rid of the last of its 2022 and 2023 stink.

Yeah, I mean, what did we even have to talk about the last three weeks, really?

...