Wednesday Jul 17, 2024
Ethereum ETFs Approved as Institutions Embrace Crypto
In this episode, we discuss the SEC's approval of the first Ethereum ETFs and how financial advisors are showing increased interest in cryptocurrencies. Ripple integrates XRP into the institutional market, while Coinbase Canada registers as a restricted dealer. We also explore BlackRock's entry into RWA tokenization and its potential impact on the industry.
Sources:
https://www.fundssociety.com/en/news/markets/financial-advisors-remain-hesitant-about-crypto-as-blockchain-mining-hits-historic-lows/
https://www.thinkadvisor.com/2024/05/14/why-bitcoin-will-rise-to-420000-and-what-it-means-for-portfolios/
https://www.thinkadvisor.com/2024/05/14/more-advisors-plan-to-recommend-crypto-survey/
https://www.fxempire.com/news/article/ethereum-spot-etf-approved-by-sec-1432576
https://www.cointribune.com/en/crypto-xrp-reaches-a-new-milestone-towards-institutional-recognition/
https://www.moneysense.ca/save/investing/crypto/how-coinbase-is-reshaping-canadas-crypto-landscape/
https://www.coindesk.com/opinion/2024/07/10/how-tokenized-real-world-assets-are-outperforming-crypto/
Outline:
(00:00:00) Introduction
(00:00:35) Financial advisors show interest in cryptocurrencies
(00:03:23) SEC approves first Ethereum ETFs
(00:06:06) Ripple integrates XRP into institutional market
(00:08:08) Coinbase Canada registers as restricted dealer
(00:09:52) BlackRock enters RWA tokenization