The Chopping Block: Is BlackRocks ETF Proposal Breathing Life Into Bitcoin? - Ep. 510

Published: June 24, 2023, 11 a.m.

Welcome to \u201cThe Chopping Block\u201d \u2013\xa0where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest crypto news. With BTC topping $30,000, the gang tackles the apparent surge in institutional bitcoin interest, with BlackRock\u2019s spot ETF application spawning a bumper crop of similar bids. Why did all these TradFi players act at the same time? That, plus a look at the drama surrounding SEC-friendly Prometheum\u2019s Congressional testimony and what Haseeb and Robert see as the trading platform\u2019s many \u201cred flags.\u201d\nListen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, TuneIn, Amazon Music, or on your favorite podcast platform.\nShow highlights:\xa0\n\nthe not-so logical reasons why the markets are up\n\nwhether GBTC\u2019s ETF conversion will also get approved if BlackRock\u2019s bitcoin ETF gets the SEC go-ahead\n\nhow all the applications were ready and were \u201cwaiting for some sign,\u201d according to Robert\n\nwhether Grayscale will have to sell the underlying assets of its GBTC trust\n\nwhy a bitcoin spot ETF is more retail-friendly than a bitcoin futures one\n\nhow plausible it is that London becomes a leading crypto hub\n\nthe drama around Prometheum\u2019s testimony before Congress\n\nthe \u201cshady\u201d details of Prometheum\u2019s track record, according to Haseeb\n\nwhy Tarun says that the venture-funded exchanges have \u201ccompletely failed on many different levels\u201d and what tokens he would list\n\nwhat happened with Curve founder Michael Egorov\u2019s loan on Aave and why Gauntlet, Tarun\u2019s company, advocated freezing the CRV market in the lending protocol\n\nwhy the Aave community rejected the proposal\n\nHosts\n\n\nHaseeb Qureshi, managing partner at Dragonfly\xa0\n\n\nRobert Leshner, founder of Compound\n\n\nTom Schmidt, general partner at Dragonfly\xa0\n\n\nTarun Chitra, managing partner at Robot Ventures\n\nDisclosures\nLinks\n\nUnchained:\n\n3AC Founders Launch Venture Capital Firm\n\nBinance.US Briefly Displays Bitcoin Price at $138,000\n\nInvesco and WisdomTree Follow BlackRock, Reapply for Bitcoin ETFs\n\n\u200b\u200bBlackRock Files for Bitcoin Spot ETF - Coinbase\xa0\n\nWSJ: Crypto Exchange Backed by Citadel Securities, Fidelity, Schwab Starts Operations\n\n\nCointelegraph:\n\nBlockchain Assoc. requests info on Prometheum over \u2018suspicious\u2019 approval\n\nAave proposal to freeze alleged Curve founder\u2019s loans draws controversy\n\nCoinDesk: Andreessen Horowitz (a16z) Chooses U.K. as Destination for First Office Outside U.S.\n\n\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices