HUGE! 3 NEW XRP ETFS LAUNCHING SOON & BLACKROCK ETHEREUM STAKING ETF!

Episode Transcript
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Speaker 1 (00:05):
Hey, everybody, Welcome into the Thinking Crypto podcast, your home
for cryptocurrency news and interviews. I'm your host, Tony Edward.
On your way in. Please hit that subscribe button as
well as a thumbs up button and leave a comment.
Blow If you're listening on a podcast platform such as
Spotify or Apple, please leave a five star rating and review. Folks,
some very big news that you need to know about.

(00:26):
First up is crypto exchange Kraken has filed for their
US IPO. So we've heard rumors and rumblings about krack
In potentially doing an IPO as this bull market continues.
We've heard about other firms such as Securitize and others
that are looking to go public. So I pose the question,

(00:46):
which I've done over the past couple of months, and
that is which company doesn't IPO in a bear market?
There are many out there that are saying that we
are officially in a bear market. So if that's the case,
and liquidity is drying up and people are not bullish
at all, and you know the investors are looking away,
why would these companies be looking to do an IPO

(01:08):
and go public. So it seems that they are still
anticipating that we are in a bull market and there's
more to go here. Now that's not guaranteed, of course,
but this is certainly a sign that they are thinking
it is not over. Some more details around this from
Eleanor Turret. She said, Kraken has confidentially filed a draft

(01:30):
s one with the SEC for a potential IPO. A
draft s one is an early non public version of
an IPO filing that the SEC reviews and gives feedback
on before the company files the public s one later on.
So this is a very positive sign for those of
us who are bullish and looking for this bullmarket to continue.

(01:52):
It certainly a big sign here, and we're going to
continue to monitor to see what other companies are looking
to do the same. So very very interesting. Now tomorrow
the bit wise xrpce body TF will begin trading on
the New York Stock Exchange with the ticker symbol XRP.
This is a really great ticker symbol that bitwise was

(02:13):
able to capture, So shout out to them. But more
XRP ETFs going live, folks, and this is a very
positive sign, and we are seeing more on rams being
set up here for folks to invest in these different assets,
so it's not just XRP, it's Salona and other assets.
But we know there have been a lot of applications

(02:34):
for XRP and Salon as well, but you know, the
pile was getting pretty high on the SEC's desk as
far as the application. So great to see these ETFs
are going live in fact race scale. They are saying
their XRPCE body TF is coming soon. They tweeted it
out today and it would be g x RP and

(02:57):
James Seifer A Bloomberg said his best get is that
this goes live on Monday to twenty fourth, and James
also said that he believes that Franklin Templeton's XRPTF could
also go live on Monday to twenty fourth. So really
great to see all of these products launch. And you know,
Canary Capital they were the ones who launched the first

(03:20):
truly XRP S BODYTF and it broke the record where
it beats Solana for the launch this year, so there's
there's demand for these products folks, so it's really great.
And then Blackrock is planning to file for a stated
eight theorem ETF as per a Delaware name registration thirty

(03:40):
three act filing coming soon. This is per Eric Balachunis
of Bloomberg. So Blackrock expanding looking to add staking to
their etheroreums body TF. I think that's going to help
boost the inflows into that respective ETF. And look, the
other competitors in the market are going to do the
same thing. And I can't wait for the day where

(04:03):
black Rock files for an XRP and Solana ETF. So
I'm sure that's going to be around the corner at
some point. And in fact, folks, today twenty one shares
launch their Solana ETF and this is amid the volatility
we've been seeing, So these guys are not waiting, they're launching,

(04:23):
they're getting these products out in the market, and this
is very good. It's very bullish for the price overall
and the long term we've seen what the inflows for
bitcoins ETF and the theorem ETFs have done to help
the price a bitcoin any theorem over this respective bullmarket. Now, folks,
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(04:44):
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(05:49):
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(06:10):
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(06:31):
some very big news around Stellar, folks. So on chain
settlement at global scales now live, says Stellar on x.
They said, the wirex app is settling visa payments in
USDC and EU RC on Stellar now serving seven million
plus users. They said here twenty four to seven stable

(06:52):
coin settlement, lower fees and faster processing, no legacy banking rails.
So this is pretty big adoption folks. And look, you
know these firms are not just using one blockchain or
using multiple blockchains. USDC itself as a stable coin is
built u issued on multiple blockchains. But great to see
this type of adoption for these different projects. And I

(07:14):
am an XLM token holder, so XLM the native token
on the Stellar blockchain. So this is great to see.
These things do contribute to the price over time. Now
we continue to see huge institutional adoption of crypto from banks.
So HSBC will roll out tokenized deposits for corporate clients
in the US and UA in H one, twenty twenty six.

(07:36):
It'll offer twenty four to seven instant transfers as banks
lean into tokenization or stable coins. Now, if you recall
JP Morgan, they recently launched their tokenized deposit token on
the base coinbases base, which is in the theorem layer too.
So we're seeing not only stable coins but deposit tokens, right,

(07:58):
and I think that's what a lot of the banks
going to use. So this is very very big news,
and it's it's amazing. I mean, then, you know, news
like this is just it's almost like becoming normal where
we were getting desensitized to it. I've often stated that
I got into the market in twenty sixteen, there was
nothing like this. In fact, these banks and these people

(08:19):
were saying crypto was a scam and all that. Now
they're all building with the technology, which I mean, it's
just amazing. Here's another example, the Basel Committee is rethinking
it's strict rules as regulated staple coin surge and global
banks push back. So if the banks want it, all
these folks like the BIS, the IMF, the UN, whoever,

(08:43):
they're all going to get on board. You know. I
think I had recently reported that the UN is actually
educating different countries government officials around the world about crypto
and blockchain. So we're just seeing capitulation and the move
to embrace all of these things, and those who were
very much anti crypto are looking to ban it are backtracking,

(09:05):
So huge capitulation across the board. Now look at this news.
Anchorage Maso partnership opens institutional access to bitcoin back loans.
So Anchorage is a federally chartered bank, but their crypto
custodian initially and now they've become bigger than that. So Mizo,
a bitcoin native DeFi platform for bitcoin back borrowing and yield,

(09:29):
has partnered with Anchorage Digital to bring low cost stable
coin loans and short term VEBTC rewards to institutional clients.
The move gives public companies and digital asset treasuries a
compliant on ramp into bitcoin native finance. So again we're
seeing the infrastructure being built here, not just for retail,

(09:49):
but institutions for big money right on and off rams
new financial products and services, even branch and to DeFi.
So very very cool. So through Anchorage's portal wallets, institutions
can borrow against their bitcoin at a fixed one percent
rate using Meso's bitcoin backed stable coin MusD. According to

(10:12):
a Wednesday announcement, the integration also adds short term yield tools.
Clients will be able to lock bitcoin for a period
of six to thirty days and receive VBTC. This tokenized
position shares on chain network fees and offers higher rewards
for longer commitments, along with the governance rights out over

(10:33):
miso's fee structure and economics. Big news here, folks, and
these are things you want to pay attention to because
they're on amps to bring in more of the institutional
capital into the ASCID class. Look at this Coinbase to
roll out its new DeFi mullet offering in Brazil. So
coinbase is rolling out its des decentralized exchange trading platform

(10:56):
to Brazil, about six weeks after we launching the US offering.
Bazilions over ten thousand tokens to trade without leaving coinbasees app.
So this is great expansion, smart move by Coinbase, just
getting more customers in different parts of the world, and
it's all build on Base, right. Coinbase is the theorem

(11:18):
layer too. And you know, one of the things we're
waiting to see is if coinbase is going to launch
their own token on Base, similar to how you have
the Binance token BnB on the Binance smart chain. And
I've stated that's a coin I'm going to invest in.
If Coinbase launches their own token, of course, so we'll
keep an eye on that. So very very very big
news here from Coinbase. Final news item globalizing k finance

(11:43):
stable coin project takes the Korean one on chain. So, folks,
crypto is a global acid class and we're just seeing
massive developments across the globe. So game developer we made
together with its blockchain arm we mix very interesting is
pitching stable net, a dedicated may net for a KRW

(12:05):
stable coin as its answer to certain pain points and
that includes like cross border payments, being able to have
traceable rails for government subsidies and tax collection and much more.
And they said here as at a dedicated launch event,
the company framed the project as an effort to globalize
k finance by building infrastructure that can carry a widely

(12:28):
used KREW stable coin beyond crypto trading and into everyday
payments with rail money and bank accounts. So you see
where we're going, folks. Again, look at where the puck's heading, right,
that's where we want to skate to you. So again,
all across the globe, building with this technology is happening
with local currencies and much more. It's just incredible, I

(12:51):
mean just bullish. Now. I know some of you are
going to say, Tony, what are you smoking, man? Look
at the prices right now, right that's but I'm a
macro investor. I'm looking at this in the macro and
that has made me money buying the bloody bear market
bottoms and holding for the blow off tops. And while
you know, right now, in the short term midterm my

(13:12):
portfolio is down a bit from the larger timeframe, my
portfolio is up. Obviously, I'm still on the bullish side
of the fence where I believe there's more to go
in this market. I could be wrong. There are a
lot of people who think the top is in already.
But I think the higher probability falls on this bull
market continuing. You know, I opened up with talking about

(13:32):
crack and looking to do an IPO, and no company
does an IPO in the bear market. And it's not
just them. There are talks of securities and others, and
then the tech front open AI and these folks are
talking about doing an IPO. So anyway, just giving you
my perspective and what I'm seeing in the market, and
we want to look at different factors. We don't want

(13:53):
to just look at one factor alone. Right this way
we can get a better view of the market and
are better understanding of what's happening. Folks, that's the news.
Let me know what you think. Leave your thoughts and
comments below hit the thumbs up button. A great way
to support the podcast is by subscribing to my free
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be in a description. Check out my book on Amazon,

(14:15):
it's available in paperback, in digital, and my course at
Mycrypto course dot com. This is a comprehensive course that
teaches you everything you need to know about crypto folks.
Thank you for tuning in. I appreciate you all, and
I'll talk to you all later,

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