ROBINHOOD JUST WENT ALL IN ON CRYPTO & TOKENIZATION! SEC APPROVES SOLANA STAKING ETF!

to Montreal and we had a really good time. A quick vacation, but folks, we got big news to talk about. I want to kick it off with bitcoin and right

now still consolidating around one hundred and seven thousand dollars. We're waiting for a breakout to new highs and I think that's around the corner. We may see some volatility before we get there, but one of the major indicators we've been looking at, both in the newsletter as well as on the podcast, is that we are seeing global liquidity continues to rise and risk assets are following. And look at the SMP five hundred, it is hitting new

all time highs. A perfect v shape recovery is happening here. You look at this chart, it's beautiful. The big dump that happened with the tariff uncertainty crash, of course, and now we're seeing the recovery from that, and even the Nasdaq is hitting new all time highs. So what we've seen is that all risk assets, whether it be precious metals, crypto stocks, and so forth, are all correlated to global equity and they've been on the rise. And folks, this

is a beautiful sign. It shows we are still in the bull market. And as mentioned, there's going to be volatility, so you have to expect that nothing goes up in a straight line. But the signs are there for the continuation and for the run up to new highs. You just got to be patient. Another factor that is important to look at is the dx Y, the dollar currency index. You know, I wrote in my newsletter on Sunday that it was below ninety eight. It is now below ninety seven.

It continues to break down. That is very good for risk assets due to the inverse correlation. So all the metrics, all the data, and once again I'm not sharing my emotions now, not my feelings, but the data, because you're going to see people in the common section who have been saying for months we're in a bear market. It's all done right. They have disappeared, and some of them are still hanging around because some of them are shorting the markets that they want to put freer and pulse

put cell pressure out there. But we are in a bull market, and I think it's risky to short in a bull market. You want to short in a bear market, that's easy, right. But guys, we still got more upside here. So that's the takeaway now, folks. The Big Beautiful Bill,

which is of course Donald Trump's spending bill, the fund the government and to kick off a whole bunch of economic prosperity and things along those lines. Well, apparently Senator Cynthia Lummis, who's a big time crypto advocate, she tried to put some language in the bill regarding crypto So this is interesting. It's outside of the Crypto Market Structure Bill, in the stable coin bill. So Eleanor Turrett reported that amendments to the Big Beautiful Bill regarding crypto taxes are

still on the table today despite some last minute disagreements. Sunday, I'm hearing the White House has gotten wind of this and it's pushing for inclusion of Senator Lummis's language in the final bill. Now, Dennis Porter tweeted out about this, saying, we could see the cap gains exception and the end of double taxation on mining rewards in this respective amendment. There's also some language around staking. So this would be a very good thing for the industry. Let's see if

it's able to make it through. Obviously, there's a whole other aspect to this bill as it relates to politics and Democrats and Republicans and funding the government and all that stuff. Right, you guys know about all that stuff, but we're not here to talk about that because that's all politics. But you know, as a release to crypto, let's see this language makes it through, because this could be really big now, folks, Robinhood is going all in

on crypto. Today. They had a big event where they announced new features, new products and things that they are building. So here's the headline. Robinhood pushed deeper into crypto with their own blockchain tokenized stock launch. This is a huge guys. Robinhood is a massive player. Obviously a lot of retail

investors use Robinhood. Going back to investing, in stocks. Now, robinhood is going all in on crypto, looking to offer different crypto products and financial services, and they are looking to do a lot of tokenization as well because they see the direction to Puck is heading in. They see disruptions at their doorsteps, so they are trying to get

ahead and let me give it to details. So robinhood is expanding its crypto offerings by developing its own blockchain network based on Arbitrum and launching tokenized stock trading for European users. A couple things here. One, they are building on Arbitrum, which is an etheroreum layer to blockchains, so we're seeing the adoption of public blockchains here. Once again, they're not doing some sort of private network thing here.

Many of these guys are building on public blockchain. And look, they may use zk zero knowledge proof and things like that to make sure certain data is private, but the point is they're building on a public blockchain infrastructure and of course tokenizing stocks, so all the traditional assets such as stocks, equities and others will be tokenized on blockchain.

So the company aims to create an all in one investment app with twenty four to seven trading self custody and cross chain bridging of tokenized assets underpinned by blockchain rails. As part of the crypto push, Robinhood is introducing perpetual swamps to European users and crypto stinking to US investors talk about going all in. This is a lot, folks, and they did a big event, and they're CEO of lad Tenev of course, spoke about it, and it's incredible.

One of the largest players in the market in the trad fire world going neck deep into crypto. Incredible stuff. And then notice what they said here twenty four to seven trading. What have I been saying for years and years and years right beating the drum to you guys, we are headed to the first truly global market twenty four seven trading, no opening or closing bell, no holidays, no closed on weekends, and all your traditional assets running on blockchain. Now you may say, Tony, how can I,

you know, essentially capitalize on this. Well, for one, look at the blockchain they're building on arbitrump, which is an etherrem layer too, so you can hold the arbitram token. I personally don't. You can holy theorem, which you know, the layer twos obviously send value to the layer one, which is etherrem so you can holy theorem. I do

holy theorem. You can hold Robin Hood stock. Of course, they are looking to tokenize their own stock as well, and then you know the other things that they're doing is going to allow more capital to come into the market. So they're launching perpetual swaps, crypto staking and all these things. So that's you know, pretty much how you can essentially

get capitalized on this. And you know, once they're tokenized stocks are launched, you can see what DeFi services they add to that where you can then maybe hold those stocks and then lend them out and do all kinds of cool things that you can do holding the traditional stock. Right, So these are the ways to think about it and look at how you can capitalize. This is so bullish, so massive, and as always, game theory will play out

here and you will see their competitors jump in. And we're still waiting for big names like Charles Schwab and E Trade and all these guys that go all in. We heard rumors, but you know they're coming, all the big bangs. I think many are waiting on crypto legislation, like the stable coin bill, and of course the Market

Structure bill. So things are moving in the right direction here. Now, the folks at Arbitrump did tweet out about this robin Hood partnership and that Robinhood's going to be building on Arbitrump, and they said, here Arbitrump will serve as robin Hood's rails to merge, DeFi and tradify in what is a zero to one moment for the entire industry, all while onboarding millions of net new users into crypto. Big statements there, folks, All right, let's move ahead. This one is big two

stable cooin issuer Circle, which just went public, applies for a national bank charter. So you're seeing a lot of these crypto companies are going after the bank charters. You're going to see kind of a democratization in banking. No longer would JP Morgan and these big banks be the only ones running banking services. Now, don't get me wrong, I'm not saying they're going to die and go away

right away. Clearly they've been fighting. You know, we've talked ad nauseum about it over the past four years that Jamie Diamond and the banking industry was lobbying Elizabeth Warren to attack crypto. And that's why you saw against her even breaking the law just to attack crypto. Right. You saw this old grandma. That is Elizabeth Warren going crazy about crypto when the country is facing other problems, right that because she's getting paid, she's getting lobby to do that.

And that's what the big fight was about. And that's why you see Wall Street. Now all of them are making your announcements. JP Morgan, Bank of America, We're all going to get involved, launch crypto trading, we're going to support ETFs, we're going to provide banking services. We're going to launch our own stable coin. Right, So it's incredible what's happening. So here are the key points. Circle Internet Group submitted a bank charter application to the Office of

the Controller of the Currency. That's the occ Circle is the issue of the USDC stable coin. The firm hopes to establish a national trust bank, which will be named first National Digital Currency Bank NA. Anchorage Digital is the only other crypto company to obtain such a license, So Anchorage Digital is of course a crypto custodian. I've had the CEO and some representatives on the podcast over the years. The CEO's Nathan McCauley. I think I interviewed him last

year most recently. I try to get him back on soon. But this is going to be a big factor in how these crypto companies grow, and they're able to do certain banking services because you got stable coins for payments, you get the custody aspect, so they're going to be able to do a lot more borrowing, lending and all that jazz. So incredible stuff, folks. Crypto's just become ubiquitous.

So you're just seeing it everywhere. Everybody's trying to get involved, get their licenses, get their charters, and launching their services. It's a big race right now, and you know everybody wants to get as much market share as possible, right It's great to see this competition is healthy, and folks, we are the early adopters. We've been buying the blood on the streets, buying the fear and ready to sell the blow off top right, folks. Quick word from our

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this is surprising. The SEC clears way for the first Solana steaking ETF. Rex and Osprey prep to launch their Salona steaking ETF. This is interesting because the SEC has not approved any theorem staking ETF yet, but the way Rex and Ospray are going about it is different. So let me give it a details. It's not what we are seeing out there with the spot ETFs and so forth. So on Friday, the SEC informed Rex Shares and Ospray Funds that it had no further comments on their Solana

staking ETF filing. In ETF regulatory parlance, industry watchers often view that phrase as the SEC's implicit green light. It's the same wink and nod that preceded the launch of Spot Bigcin ETFs, some black Rock Fidelity and others. Essentially, the review is done fire when ready. According to a post, the fund will be trading this Wednesday, July second. This product is officially titled the Rex Ospray Solana and Steaking ETF. Would be the first US ETF to offer investors exposure

to Solana's price movements alongside native steaking rewards. Unlike traditional crypto trusts, this ETF is structured under the Investment Company Act of nineteen forty using a c corporation format, which allows staking income to flow through to investors without triggering regulatory red flags around yield, taxation or custody. So they're taking a different approach here. That structure a hurdle when

treated as an ordinary income. Staking rewards had proven incompatible with trusted based fund models which couldn't easily distribute variable staking yields. So they took a very different direction than the other players out there. We'll see how this plays out when you know the regular staking in e theorem ETFs get approved like the spawn ETFs, and how this all plays out. But it's nevertheless a smart move. You know,

they kind of found a workaround here. Bloomberg's James Seyfert noted that at the time that the fund's unique SA corp format could bypass the typical nineteen BASH four rule change process. The sec silence on the C corp workaround now appears to validate it has a compliance solution. Rex Shares, stretching for its victory lap has already begun teasing or publicly teasing the ETFs coming soon. Meanwhile, analysts like Eric Balchun has weighed in saying they are good to launch.

It looks like wow, he posted, So this is interesting and we could see some other company do something similar. Don't be surprised if you know, like the Etheroreum folks who have etherem mets try to go this way with a C corporation set up. We'll see, but Nevertheless, this is a very very interesting development here. Now, speaking of ETFs,

the SEC acknowledges the amendment to convert Gray Scales Digital Large Cap fun into an ETF covering Bitcoin, eth XRP, Solana, and ATA. Folks, I've often said that eventually, in the long term, I believe these index ETFs, which gives you exposure to let's say the top five or top ten, will outperform the individual ETFs, like the bitcoin and so forth, because I think people are going to want to get

more exposure beyond just bitcoin or ether. Right, It's kind of what we see with the SMP five hundred, the NASDAC. These indexes have grown over time and it becomes an easy way for people to invest passively, not having to think about which crypto should I add, which stock should I add, and so forth. Right, So, this is really great and I think we're going to see a lot of these basket ETFs approved over time. Now, earlier we

talked about Robinhood, you know, launching their tokenized stocks and so forth. Well, Kracking Exchange set here Breaking Wall Street is officially on chain x. Stocks are now live on kracking. Sixty US equities tokenized and tradeable twenty four to five, so it looks like just over five days, twenty four hours, over five days. More coming soon. The folks at stock x highlighted that they've also partnered with chain Link, and many of you know I'm bullish on chain Link. I

hope I hold the link token in my portfolio. They said, we're excited to announce chain Link has joined the X Stocks Alliance as the official oracle infrastructure powering the pricing of all x stocks, tokenized equities and ETFs. Watch out for chain Link, folks. Many other platforms and blockchains are using chain Link for the pricing indexes and oracles and much more. So That's why I'm bullish on chain Link, and I'm hoping for over one hundred dollars chain Link

this cycle. But we'll see how that plays out, all right, Final news item here, We're Liberty Financial has a mobile

app in the work. So many of you know we're Liberty Financial backed by Trump and his kids, you know, involved in that. So it looks like they're going to launch some sort of app here. So co founder Zach Folkman, he said the following. Regarding the mobile app, he said, it's something that we've been working on for a very long time now with some of the best partners and builders in the space, both on our team and companies

that we've partner with. And this is the kind of culmination of what I was talking about in terms of creating a Web two style fintech application that allows a non native crypto user to be able to very easily deposit, get the benefit of earning through DeFi applications, and be able to send and receive crypto between friends and family very easily. So this is interesting. Let's see how this plays out. I'm not a user of World Liberty Financial. I don't hold a token, you know. I'm not hating

on it, just I just don't. I don't see a need to use it. Some of you may have taken a bed on it and hold it. But my initial, you know, thought was I need to see how this plays out because I don't know who to the developers. Have they gone through the proper testing, you know, to avoid hacks and collapses. We've seen exploits in D five, you know, for folks who have not done things well and their security is not up to par. Again, it depends who's on the team and so forth, and that's

all me. I need to do a bit more research, but I always like to, you know, let these things play out, to see, you know, what's happening here, who's involved. I've often stated version one point zero of anything is not perfect. There's usually a lot of bugs. So I don't want to be part of the phase where the bugs and I lose my money. Right, So you got to be careful. You got to be smart. You got to do your research to just keep that in mind

when you see new projects, you know, something to think about. Now, if you're holding the token, it is a little less risk. There's always a risk when you're investing, of course, but there's less risk, you know. But if you're putting into some sort of DeFi a smart contract and doing some sort of boring lending, you got to know what you're doing. Man. We've seen some massive exploits because we're still in early days. And that's not to say DeFi is going away. It's

gonna stay. It just needs to be further iteration and building. But you always got to be smart, do your research, test things out, you know, maybe don't put a ton of money, put a little bit of money, see how it works, and learn your way around and make sure that everything's good before you put a lot of money, if you know what I mean. All right, folks, let me know what you think about this news, especially the Robinhood news. It's just huge and even circle you know,

going after a bank charter. Leave your comments below and folks, a great way you can support me in the podcast is by subscribing to my free email newsletter. It's one hundred percent free. Link will being a description. Check out my book on Amazon it's available in paperback in digital, and my new course at Mycrypto course dot com. If you want to expand your knowledge around crypto, this is the course from you. You will hear from founders, CEOs

and institutional investors. This course is packed with tons of value videos, text writeups, downloadable materials and much more. Check it out link will beating description. Thank you so much for watching and listening, folks. I appreciate you all and I'll talk to you all later