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Unraveling Bitcoin Downturns and Ethereum ETF Buzz

In this week’s Trading Take, Alex Thorn is joined by Beimnet Abebe from Galaxy Trading to explore recent upheavals in the fixed income markets, triggered by unexpected CPI spikes in major economies. The episode dives into how these inflation trends have influenced global market sell-offs and dissects the recent downturn in Bitcoin prices. Additionally, Alex and Beimnet discuss the potential market implications of upcoming Ethereum ETFs, offering insights on how these developments could affect investor strategies in the crypto ecosystem. Alex also welcomes Chris Rhine from Galaxy Asset Management to talk about his liquid crypto funds, the possible impact of Ethereum ETFs, what it’s like advising the FTX estate, and much more. Listen to the full episode here.