Bitcoin ETFs: Bullish or Bearish? with Alex Thorn

Alex Thorn is head of Research at Galaxy Digital, leading a team of researchers focused on unpacking the market developments in crypto, producing information for both internal and external audiences. Before Galaxy, Alex was Director of Blockchain Research at Fidelity, so he’s a veteran of straddling TradWorld and Crypto.  Today we talked to Alex about the bull vs. bear case for the BTC ETF.  ----- 🏹 Airdrop Hunter is HERE, join your first HUNT today https://bankless.cc/JoinYourFirstHUNT  ----- 🔐 Get a Free Trial of Doppel https://bankless.cc/doppel  ------ BANKLESS SPONSOR TOOLS: 🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE ⁠https://k.xyz/bankless-pod-q2 ⁠  🦊METAMASK PORTFOLIO | MANAGE YOUR WEB3 EVERYTHING ⁠https://bankless.cc/MetaMask  ⚖️ ARBITRUM | SCALING ETHEREUM ⁠https://bankless.cc/Arbitrum ⁠  🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION https://bankless.cc/Toku  🦄UNISWAP | ON-CHAIN MARKETPLACE ⁠https://bankless.cc/uniswap  🔗 CELO | CEL2 COMING SOON https://bankless.cc/Celo  ------ TIMESTAMPS 0:00 Intro 7:25 Spot BTC Interests 9:15 Breaking Down Alex's Thread 18:20 Spot BTC Pipeline & Next Steps 28:00 Inflows Into Bitcoin ETF 30:00 Predicting How Investors Will Invest  32:30 BTC Price Impact  42:20 Estimated BTC Price Prediction  46:15 Predicting Timeline 49:40 BTC ETF Marketing  52:00 The Bear Case for BTC ETF 1:02:30 Marijuana Analogy  1:04:30 ETH ETF Argument  1:09:50 Galaxy Brains  1:11:30 Closing & Disclaimers  ------ RESOURCES Alex https://twitter.com/intangiblecoins  Galaxy Brains Podcast https://www.galaxy.com/insights/podcasts/galaxy-brains/  ------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures