Weekly Roundup 06/30/23 (ETF frenzy continues, Prime Trust insolvency, how Stablecoins are like Eurodollars) (EP.434)

Matt and Nic return for another week of news and deals. In this episode:

  • The problem with SEC SAB 121
  • Pickleball is driving up American healthcare costs
  • Microstrategy buys some more Bitcoin
  • Fidelity refiles their Wise Origin Bitcoin ETF
  • Why the Prime Trust insolvency is so bad
  • Will there be Prime Trust clawbacks?
  • The SEC is slacking with their document retention policies
  • How stablecoins are mirroring the development of eurodollars
  • How Prometheum’s listing strategy might pose a risk to certain cryptoassets
  • The UK law commission determines that digital assets are a new kind of “thing”

Content mentioned in this episode:

Sponsor notes:

  • Coin Metrics’ State of the Network: Bitcoin & the Rest 
  • In this issue of State of the Network, we assess Bitcoin’s resurgence and gauge market sentiment amidst a rapidly evolving digital asset landscape marked by regulatory ambiguity and external macro events.