FTX legal team profits, Bitcoin ETF hype stalls, but massive potential inflows to come

Don’t be fooled into thinking this was a quiet weekend; as always, crypto never sleeps! Stories from the weekend include a Bloomberg report suggesting far more potential inflows into spot Bitcoin ETFs once investment firms have completed due diligence, a crypto teacher loses $1.2 million of his student’s money, and a Web3 social media app has seen an enormous spike in users.Further reading:Bitcoin ETFs hype stalled by due diligence — Ana Paula PereiraCrypto teacher loses student’s $1.2M investment in fake hedge fund — Ciaran LyonsFarcaster sees 400% increase in daily active users amid ‘frames’ frenzy — Tom MitchelhillFTX moves to offload 8% stake in Anthropic — Ana Paula PereiraScrapped FTX relaunch raises alarm over legal team’s profits — Amaka NwaokochaReferences:John Reed Stark's post on X about FTX bankruptcySo, grab yourself a coffee, and let’s get into it!Rise’n’Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn. Cointelegraph’s Twitter: @CointelegraphCointelegraph’s website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.