Bitcoin ETFs: Bullish or Bearish? with Alex Thorn

<p>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. </p> <p>Today we talked to Alex about the bull vs. bear case for the BTC ETF. </p> <p>-----<br /> 🏹 Airdrop Hunter is HERE, join your first HUNT today<br /> <a href= "https://bankless.cc/JoinYourFirstHUNT">https://bankless.cc/JoinYourFirstHUNT</a> </p> <p>-----<br /> 🔐 Get a Free Trial of Doppel<br /> <a href= "https://bankless.cc/doppel">https://bankless.cc/doppel</a> </p> <p>------<br /> BANKLESS SPONSOR TOOLS:</p> <p>🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE<br /> ⁠<a href= "https://k.xyz/bankless-pod-q2">https://k.xyz/bankless-pod-q2</a> ⁠ </p> <p>🦊METAMASK PORTFOLIO | MANAGE YOUR WEB3 EVERYTHING<br /> ⁠<a href= "https://bankless.cc/MetaMask">https://bankless.cc/MetaMask</a> </p> <p>⚖️ ARBITRUM | SCALING ETHEREUM<br /> <a href= "%E2%81%A0https:/bankless.cc/Arbitrum">⁠https://bankless.cc/Arbitrum</a> ⁠ </p> <p>🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION<br /> <a href= "https://bankless.cc/Toku">https://bankless.cc/Toku</a> </p> <p>🦄UNISWAP | ON-CHAIN MARKETPLACE<br /> ⁠<a href= "https://bankless.cc/uniswap">https://bankless.cc/uniswap</a> </p> <p>🔗 CELO | CEL2 COMING SOON<br /> <a href= "https://bankless.cc/Celo">https://bankless.cc/Celo</a> </p> <p>------<br /> TIMESTAMPS</p> <p>0:00 Intro<br /> 7:25 Spot BTC Interests<br /> 9:15 Breaking Down Alex's Thread<br /> 18:20 Spot BTC Pipeline & Next Steps<br /> 28:00 Inflows Into Bitcoin ETF<br /> 30:00 Predicting How Investors Will Invest <br /> 32:30 BTC Price Impact <br /> 42:20 Estimated BTC Price Prediction <br /> 46:15 Predicting Timeline<br /> 49:40 BTC ETF Marketing <br /> 52:00 The Bear Case for BTC ETF<br /> 1:02:30 Marijuana Analogy <br /> 1:04:30 ETH ETF Argument <br /> 1:09:50 Galaxy Brains <br /> 1:11:30 Closing & Disclaimers </p> <p>------<b