CoinDesk Podcast Network

BTC ETFs are back in the green.

U.S. spot bitcoin ETFs are now up nearly $800 million in net inflows for the year, a full reversal from a $5.8 billion deficit in July. The funds have logged six straight days of inflows as bitcoin climbed back to $85,000. CoinDesk's Uyen Truong hosts "CoinDesk Daily."

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This episode is brought to you by RealFi, a smarter stablecoin, backed by real-world assets. Find out more at⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ realfi.co⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.

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This episode is brought to you by Grayscale, the world's largest digital asset-focused investment platform. Grayscale's mission is to make digital asset investing simple and open to every investor. Learn more at grayscale.com.

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This episode was hosted by Uyen Truong . “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.

CoinDesk's The Policy Protocol hosts Rebecca Rettig and Renato Mariotti unpack the stalling of the CLARITY Act in the Senate before sitting down with Taylor Lindman, Chief Counsel of the SEC's Crypto Task Force, who explains why the newly unveiled innovation exemption is being resoundingly well-received across TradFi and crypto, and how much the SEC can accomplish under existing authority without Congress.

Lindman also weighs in on 24/7 markets and reassures that the Crypto Task Force's work continues regardless of Commissioner Hester Peirce's departure. Plus, Rebecca and Renato debrief on whether AI needs its own regulator, and name Demis Hassabis as their Person of the Week for proposing a FINRA-style standards body for frontier AI models.

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This episode is brought to you by Grayscale, the world's largest digital asset-focused investment platform. Grayscale's mission is to make digital asset investing simple and open to every investor. Learn more at grayscale.com.

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This episode is brought to you by RealFi, a smarter stablecoin, backed by real-world assets. Join the Testnet now at realfi.co.

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Chapters/Timecodes:

00:00 Welcome to The Policy Protocol

01:09 Hot Topic: CLARITY Stalls in the Senate

02:06 The Ethics Fight That Sank the Bill

03:28 Why the Regulators Are Now Leading

03:47 How Hard It Is to Undo a Rule

05:13 EU Rolls Back MiCA as the UK Pushes Ahead

05:52 The SEC and CFTC Roundtable Blitz

06:46 Taylor Linman, SEC Crypto Task Force, Joins

06:56 The Innovation Exemption and Its Reception

08:52 What the SEC Can Do Without Congress

11:11 Inside the 24/7 Trading Roundtable

12:00 Liquidity Providers, Dealers, and the Cold Start Problem

13:31 Piecing Together the Future of On-Chain Trading

16:17 Does Peirce's Exit Change the Task Force?

17:04 Debrief: Plumbing, Not Main Character Energy

18:28 Person of the Week: Demis Hassabis

20:05 Does AI Need Its Own Regulator?

Transform Ventures CEO and author of "Bitcoin Supercycle” Michael Terpin joins CoinDesk's Jennifer Sanasie on Markets Outlook to explain why he believes the bear market is over and "Bitcoin winter," the long climb back to the top, has officially begun. Terpin lays out his path to $120K by late next year, why 2028-29 could bring a rare collision of presidential and stock market cycles, when he sees million-dollar bitcoin, and why he believes an altcoin supercycle is coming too.

Plus, GSR’s Managing Director of Asset Management Andy Baehr on why fixed income, not equities, will be the real catalyst that takes tokenization mainstream.

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This episode is brought to you by Grayscale, the world's largest digital asset-focused investment platform. Grayscale's mission is to make digital asset investing simple and open to every investor. Learn more at grayscale.com.

-

This episode is brought to you by RealFi, a smarter stablecoin, backed by real-world assets. Join the Testnet now at realfi.co.

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Timecodes:

00:00 - Michael Terpin Joins Markets Outlook

01:02 - Bitcoin Winter Is Here: Why the Bull Market Has Begun

02:40 - The Four Seasons of Bitcoin, Explained

04:45 - The Path to $120K Bitcoin

06:02 - Does the AI Trade Make This Cycle Different?

07:34 - When Bitcoin Breaks From Risk Assets

08:52 - The 2028-29 Cycle Collision

10:39 - Why Million-Dollar Bitcoin Needs a Supercycle

12:58 - Brand New Rails: Why Fixed Income Beats Equities for Tokenization

16:12 - Million-Dollar Bitcoin by 2037?

17:45 - 95% Mined: The Coming Supply Shock

18:38 - 28M Millionaires, 21M Bitcoin: What the Market Is Missing

19:44 - What Happens When the Last Bitcoin Is Mined?

20:52 - The Coming Altcoin Supercycle

22:53 - Memecoins Meet Tokenized Stocks

Securitize is tokenizing ARK's Venture Fund, putting stakes in OpenAI, Anthropic and Stripe onchain. CoinDesk’s Jennifer Sanasie caught up with Securitize CEO and Co-Founder Carlos Domingo at the Avalanche Summit to get more insight on the fund. He shares why it's launching on Ethereum first and what a daily NAV and on-chain trading mean for investors. Plus, he weighs in on the tokenized equities fight between AMC and Robinhood.

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Timecodes:

00:00 - Carlos Domingo on Tokenizing ARK's Venture Fund

00:24 - Why This Fund, and Why Now

01:03 - Ethereum First, But Not Ethereum Only

01:24 - What Retail Investors Need to Know

02:04 - Does Onchain Make OpenAI and Anthropic Exposure Liquid?

02:35 - The AMC Fight: Should Companies Get a Say?

03:37 - Tokenization Education Has to Reach CEOs Now

04:17 - How Much of the Roadmap Rides on Exemptive Relief

05:07 - What Happens If the SEC's Rules Get Challenged

05:41 - The Future: When We Stop Saying "Tokenized"

Can CLARITY pass during the lame duck session?

White House crypto adviser Patrick Witt and Treasury official Luke Pettit said the Clarity Act is unlikely to pass in the lame duck session, with the focus now shifting to the SEC and CFTC. "There's no time to waste now," Witt said. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

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This episode is brought to you by RealFi, a smarter stablecoin, backed by real-world assets. Find out more at⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ realfi.co⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.

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This episode is brought to you by Grayscale, the world's largest digital asset-focused investment platform. Grayscale's mission is to make digital asset investing simple and open to every investor. Learn more at grayscale.com.

-

This episode was hosted by Jennifer Sanasie . “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.