The team discusses BlackRock and the recent ETF filing for spot Ethereum. They also discuss Disney, OKX's new Layer 2 and Tether wanting to mine Bitcoin.
Key Takeaways
- Asset management giant BlackRock filed for a spot Ethereum ETF. Don’t expect any spot ETFs for other cryptocurrencies any time soon.
- Big banks JPMorgan and Apollo pleased with results of a proof-of-concept that used Avalanche, LayerZero, Axelar, and others.
- Disney licensed its IP to Dapper Labs, the team behind the Flow blockchain, to launch Disney Pinnacle platform.
- Major exchange OKX will soon launch X1, a layer-two blockchain built with Polygon CDK. Scheduled to launch in Q1 2024.
- Tether is reportedly expanding into Bitcoin mining. Targeting South America.
- Argentina officially has a new president, Javier Milei, and he is Bitcoin-friendly!