Blockcrunch - 20 Minute Crypto Insights

Recently, we have a few asset managers, including some of the largest in the world like Blackrock apply to create Bitcoin spot ETFs in the United States. This sparked a lot of speculation about whether this could herald institutional adoption of crypto and kickstart a bull market. Today, we have Ram Ahluwalia, CEO of Lumida and previous Head of Crypto & Digital Assets at Cross River, a crypto-friendly bank to share with us: Implications of BTC ETF on markets Odds of SEC approval Reasons for previous rejections And more! Host: Jason Choi @mrjasonchoi . Not financial advice.   Timestamps: (00:00:00) – Introduction to BTC ETFs (00:03:10) – Importance of Spot BTC ETF (00:06:52) – SEC’s reason for rejecting BTC ETFs (00:13:57) – SEC’s stance on Crypto (00:17:30) – Why BlackRock is applying for BTC ETF now (00:21:38) – Larry Fink’s agenda  (00:28:38) – Need for clearer guidance (00:32:44) – Likelihood of ETF approval (00:35:11) – Past applications vs Now Sponsor message: Filecoin is enabling open