
CoinDesk Podcast Network What Middle East Tension Means for Risk Assets: Public Keys at NYSE
Mar 23, 2026
Ryan Rasmussen, Head of Research at Bitwise, gives institutional macro and market color. Richard Shorten, co-founder of Global Stake, explains staking infrastructure and ETF yield mechanics. Leif Abraham, Co-CEO of Public, talks about adding crypto to IRAs and retail multi-asset features. They discuss Circle's surge, staking ETFs, ETF flows, Middle East geopolitical risk, and what advisors are watching.
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Bitcoin As The Weekend Liquidity Valve
- Bitcoin behaves like a weekend liquidity pressure valve because it trades 24/7, so macro shocks outside market hours hit BTC first.
- James Van Straten's point explains why traders sell Bitcoin on weekends when stocks and commodities are closed.
Public Lets Users Trade Crypto Inside IRAs
- Public launched crypto trading inside traditional and Roth IRAs to let digital-native investors hold Bitcoin and Ethereum with tax advantages.
- Leif Abraham explained IRAs let users rebalance or trade within retirement accounts without immediate tax hits, aiding long-term compounding.
Staking Is Built-In Incentive For Network Security
- Staking introduces inherent yield into proof-of-stake networks by rewarding infrastructure operators and securing liquidity.
- Richard Shorten emphasized yield funds network security and compensates operators who run global validator infrastructure for ETFs.

