The Wolf Of All Streets Bitcoin Selloff Shakes The Market! Is A Mega Rebound Around The Corner?
Sep 23, 2025
James Saffert, a Bloomberg reporter and crypto expert, dives into the turmoil of the latest Bitcoin selloff. He discusses the implications of ETF rule changes, revealing how hundreds of crypto ETFs might soon hit the market. The conversation also covers the role of Coinbase in enabling ETF eligibility and the evolving regulatory landscape. Saffert speculates on the future influx of various crypto products, while the hosts explore the potential for a market rebound amid macro uncertainty. Will this downturn prove temporary or signal deeper issues?
AI Snips
Chapters
Transcript
Episode notes
Surveillance Groups Become ETF Gatekeepers
- The SEC shifted gatekeeping to surveillance groups and futures availability rather than deciding every ETF itself.
- Eligibility will hinge on platforms joining surveillance groups or listing futures contracts.
Faster Approvals Raise Quality Concerns
- The new rules reduce friction but open the door to sketchy launches with low free float or high FDV.
- Additional criteria like volume or float limits may be needed to prevent abuse.
Institutional Flows Raise Crypto’s Floor
- Institutional ETF demand has created a new moving floor under crypto prices.
- Allocations by RIAs and wealth managers are stabilizing markets and reducing large percentage drawdowns.