THIS NEW XRP BITCOIN ETF WILL CHANGE EVERYTHING! - podcast episode cover

THIS NEW XRP BITCOIN ETF WILL CHANGE EVERYTHING!

Aug 07, 202520 min
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Episode description

Crypto News: SBI outlines plans to launch Japan’s first Bitcoin-XRP dual ETF. XRP custody goes live for Korean institutions via BDACS. Dubai officially approves first crypto options license. Show Sponsor - 🔐 Safely Store your Crypto with Trezor Hardware Wallets - https://affil.trezor.io/SHlz

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⏰ Time Stamps ⏰
00:00 Intro
00:23 XRP BTC ETF 
03:46 XRP Custody Korean 
06:53 Dubai Crypto Options 
08:50 UK Crypto ETNs 
10:34 Satusuma Tech Bitcoin Strategy 
12:22 Smarter Web Company Bitcoin Bonds
13:59 Tokenized Stocks Rise! 
================================================= 
#XRP #Bitcoin #Crypto #CryptoNews #Cryptocurrency #BTC #BitcoinNews #ETF #News #Ripple #XRPNews #RippleXRP #Ethereum #EthereumNews #ETH #Solana #money #investing #trading #Altcoin #Altcoins #NFTs #Metaverse #Podcast #ThinkingCrypto ================================================= 
The Thinking Crypto Podcast is your home for the best Crypto News and Interviews - crypto, cryptocurrency, crypto news, bitcoin, bitcoin news, xrp, xrp news, ripple, ripple news, ripple xrp, ethereum, ethereum news, cardano, ada, solana, altcoins, defi, news, interviews, podcast, metaverse, nft, altcoin daily, cryptosrus, coin bureau, altcoin news, bitcoin today, markets, investing ================================================= 
Disclaimer - The Thinking Crypto podcast and Tony Edward are not financial or investment experts. You should do your own research on each cryptocurrency and make your own conclusions and decisions for investment. Invest at your own risk, only invest what you are willing to lose. This channel and its videos are just for educational purposes and NOT investment or financial advice. Note that links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel so I can continue to provide you with free content each week!

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Transcript

Intro

Speaker 1

Hey, folks, welcome into the Thinking Crypto Podcasts. You're home for cryptocurrency news and interviews. I'm your host, Tony Edward. On your way in. Please sit that subscribe button as well as the thumbs up button and leave a comment below. If you're listening on a podcast platform such as Spotify or Apple, please leave a five star rating and review. Folks,

XRP BTC ETF

we have some very big news and it's actually global news. We're going to talk about Japan, UK and much more, even Dubai because we're seeing crypto getting adopted globally and I've often stated that crypto's the first truly global asset class that is trading twenty four to seven and because of the blockchain, anyone can access it. Right now, certain people around the world cannot access in New York Stock Exchange or certain stocks, but if they have a smartphone

and internet connection, they can access bitcoin, etherorem XRP. The barrier of entry is very low. So we're seeing on rams being set up globally for more capital to come into this app class, and we're going to see higher prices as a result. Here's the first news item. SBI Bank outlines plans to launch Japan's first Bitcoin and XRP dual ETF. This is very interesting, and we know that

SBI has been a big investor in crypto. They're a bank conglomerate, I think they're called SBI Group if I'm not mistaken, and they've been investing in bitcoin mining, They've invested in Ripple, they're big believers in XRP as well. And the fact that they're launching a joint ETF here is very fascinating because these are two of the top

three assets. Right You've got bitcoin, etherorem and XRP. So Japanese financial giant SBI Holdings plans to launch the country's first dual asset cryptocurrency exchange traded fund, also known as the ETF, offering exposure to both bitcoin and XRP. In its earnings report Thursday, the company outlining plans for two crypto based ETFs. The first product proposal combines gold and

crypto asset eats bundled in a trust. Now, this other ETF is even more fascinating because you have gold, which is a traditional asset, mixed with crypto, and I think we're going to see a lot of folks get creative with these assets, because we've often talked about crypto is the best performing acid class. Paul truds Jones, you know, he gave the analogy that crypto's the fastest horse in the race among the other assets. Right it's outperforming the

stock market, real estate, and precious metals. But you know, these firms may want to combine and say, hey, you can get access to all of them or two of them, and things like that. And I think getting creative will help bring in different types of investors. So, according to the company, this would allocate fifty one percent into gold based ETFs and forty nine percent into crypto asset ETFs such as Bitcoin ETFs. This will be publicly offered as

an investment trust in Japan. The second proposal combines two top cryptocurrencies, bitcoin and XRP. The company plans to list this product on the Tokyo Stock Exchange, the largest stock exchange in Japan. For my og subscribers, remember when I was telling you crypto will be trading on these stock markets. Here it is. It's coming to fruition right before us, folks. And this is going to happen on the NASTAC on the New York Stock Exchange in every major stock exchange

around the world. Now there are ets already on other stock exchanges around the world, like to the Toronto Stock Exchange, and there's others in Europe as well, because they've already moved further along. We got delayed because of scumbag regulator Gary Genser and Elizabeth Warren as well. But now things are starting to ramp up here in the United States. But folks, this is very bullish. Again, more on rams being built around the globe for more capital to come

into this acid class. So this is very bullish. Here's some more bullish XRP news. XRP custody goes live for

XRP Custody Korean

Korean institutions via b Dax bdacs amid strong interests, so again you're seeing global demand for these crypto assets. South Korean crypto custodian BDAX has launched institutional custody support for XRP following its February partnership agreement with Ripple. The move provides institutions with regulated access to one of the world's

most actively traded digital assets. The rollout, announced via bdas x account on Tuesday, enables institutions to securely store and manage XRP using Ripple custody Ripple's enterprise grade custody solution. Here's a quote. We're thrilled to offer custody support for XRP, one of the most popular digital assets in Korea, to our institutional clients, Bdax wrote. This launch strengthens our long standing partnership with Ripple and underscores our commitment to the

Korean market. Now key words there institutional client, not retail. Retail already has access, but they're opening the doors and the floodgates for institutional capital to come in. Again, look at the macro picture here, because more Apple's going to come in, driving the value of these blockchains and their native assets higher. Obviously, it's not just the speculation part, but the building as well. It's a combination of speculation

and building right, as some will say utility. So this is very bullish and if you're an XRP holder, you should be very happy. I know there's a lot of XRP haters and they're going to be very angry about this. You will probably see them write comments, nasty comments in the comments section. But look, the free market does not care about people's emotions and feelings. What it cares about it is their demand is their utility can people build

on this blockchain? And clearly there's demand. We're seeing it around the globe now quickly from our sponsor folks, and that is Treasure. Treasure makes beautiful hardware wallets that make it easy for you to self custody your crypto assets. I'm a user of the product. I personally use the Treasure save five. Treasure they were the pioneers of the hardware wallet. They created this whole setup and they created

the seed phrase setup as well. And their hardware wallets are open source support a variety of tokens, so I'm talking Bitcoin, etherorem XRP, Solana, all the top all coins and even new all coins and even institutional tokenized coins like black Rocks, Biddle, So that's pretty amazing that they support all these things. And they have a great software suite called Treasure Suite which helps you to manage your coins,

so it's pretty easy to use. They also have a handholding service, so you can talk to a customer service rep from Treasure to help you on board and get your wallet set up. They're not gonna ask for your private keys obviously, right, They're going to make sure they keep that part out, but if you need help in just walking through the setup and the logistics of the device, they will help you to do that. Folks, you can use my code thinking crypto, that's all one word, thinking

Crypto to get five percent off. So if you'd like to learn more about Treasures products, check out the link in the description. Now some more big news, this one

Dubai Crypto Options

out of Dubai. Dubai officially approves the first crypto options license. So we're seeing regulations, licenses, and guard wheels being put into place around the world again for more participation in the asset class. And a lot of this is for retail but also institutional investors, so it will allow more capital to come in as these licenses and regulations and clarity is being provided. Because you know a lot of the institutional investors they're sitting on the sidelines waiting for

the clarity. They don't want to touch things where they could be at risk of getting a lawsuits or you know, there's no protections in place. So once you have the infrastructure elements in place, it will allow these folks to get off the sidelines and start investing. And like I said, more on ramps being built. So this is very bullish, so here's the details for that. News just shared Nomora's Laser Digital to launch the first regulated OTC desk for

crypto options in Dubai. Now OTC is over the counters, so these are transactions that are done buying and selling that is done outside of the market, so it's not recorded on the open market. So usually a lot of whales, you know, they go buy directly and while the transaction is recorded on the blockchain, is not recorded by the market makers, and the open market is to move the price, so you definitely have to keep that in mind that as these institutions are buying, many of them are doing

it via OTC. So the limited license will allow Laser Digital to offer OTC crypto options to institutional clients under strict oversight, the company said Wednesday. OTC desks allow institutions to trade large volumes of digital assets directly with counterparties, minimizing slippage and enabling more flexible pricing. These desks are typically used by hedge funds, asset managers, trading firms, and other high volume institutional clients. Folks, things are moving ahead

here around the globe. Now let's jump to the UK

UK Crypto ETNs

the UK allows retail access to crypto etns signals pushed to become a crypto hub. So the UK has been losing some crypto business to the United States since the United States opened up from a regulatory and having a more friendlier environment, of course, because a lot of firms had left the United States undered against their Elizabeth Warren regime, and now a lot of them are coming back. So the UK is trying to win some of the business

back and keep folks there. So the United Kingdom Financial regulator lifted a ban on crypto exchange traded notes c etns for retail investors, in a move welcome by industry leaders as a step toward aligning the UK with the global crypto markets as a digital asset hub. On Friday, the UK's Financial Conduct Authority FCA reversed the ban on retail access to cetns, with regulatory changes taking effect from

October eighth. The ban was enforced in January twenty twenty one, citing extreme volatility and the lack of legitimate investment need. So lifting the CETN ban reflects a change in the regulator's approach to crypto assets. In a statement, and FCA executive. The decision reflected how the market had evolved and how crypto related products are better understood. Game theory is playing

out here. If they don't do it, I've often said they're going to hurt their own economy because crypto and blockchains will be powering the rails for the markets, governments and economies. And there's a lot of capital, a lot looking to come into this market and people looking to trade and invest and build, and if the UK continues the band stuff, they're going to lose out on tax revenue and businesses and jobs and much more. So. This is a great sign to see this happening. Some more

Satusuma Tech Bitcoin Strategy

news out of the UK here. Sut Suma secures two hundred and eighteen million dollars, including one hundred and twenty five million dollars in bitcoin to advance bitcoin strategy. So London listed tech firm Satsuma Technology locked in over one hundred and sixty three million British pounds, which is equivalent to two hundred and seventeen point six million dollars and grows.

Proceeds from its second convertible loan note round were nearly one hundred and twenty five million dollars settled in Big one. The rays, which closed on July twenty eighth, overshot its minimum one hundred and twenty nine million dollar target by more than sixty three percent. See the demand here, folks. And again this is overseas. This is not here in the United States, which has the largest capital market, driven by strong interests from crypto native and traditional institutional investors,

the company said in a Wednesday announcement. Key words there, traditional institutional investors, all of the all guards are getting ready to come in. They want a piece of this market, guys. And I hope you see what is happening here. I hope you're paying attention, right. This is not made up news. This is factual information here, and I hope it's resonating and you are putting it into your storage unit of why you should be bullish on right. So let me

sure a quote here. This moment represents a landmark validation of our core belief that fusing a bitcoin native treasury with decentralized AI is a paradigm shift in corporate value creation, said Satsuma CEO Henry Elder. Incredible, incredible news here, folks. All right, let's move ahead. Here's another news item coming

Smarter Web Company Bitcoin Bonds

out of the UK. UK's Smarter Web Company raises twenty one million dollars via bitcoin denominated bonds. This is interesting. So the Smarter Web Company, a publicly traded UK based company holding bitcoin on its corporate balance sheet, raised twenty one million dollars to a bitcoin denominated bond offering, making a rare move in the British capital markets. So again things are heating up in the UK. They realize what's happening in the United States. We need to get going.

We need to ramp up because you know the United States, we're going to steal their lunch, right, So all of these folks, they're gonna be in competition now and again it's game theory playing out here. No one wants to be left behind. So in a Wednesday London Stock Exchange announcement, the Smarter Web Company disclosed it had launched a bitcoin denominated bond that has already raised fifteen point eight million

British pounds around twenty one million dollars. The bond was offered in a fully subscribe round backed by the French asset management giant tobomb. I've never heard of these folks, but this is very interesting. The new product, smarter Convert, was designed in partnership with Tobomb, with the French company investing through three of its managed funds. Tobomb CEO Eves I can't pronounce this last name, I apologize, said that

the company is driven by a commitment to long term alignment. Folks, the herd, the institutional herd is coming and it's happening around the globe. This is so bullish. Final news item here.

Tokenized Stocks Rise!

Token is stocks rise two d and twenty percent in July, reminiscent of the early D five boom. So as Larry Fink, black Rock CEO said just a couple of years ago, tokenization is the future of finance. As we've been saying, the markets, the economies, and governments will all run on blockchain, and they're going to tokenize traditional assets, real estate and much more. It's all going to go on the blockchain.

I've often said, no more opening and closing. Bell markets will be running twenty four to seven, truly global, more liquidity on rams around the globe. People who were not able to access stocks or stock market are going to be able to access it now. So it will provide financial inclusivity and opportunities for many people in developing countries

and much more so. Token is stocks may be approaching a tipping point as investor demand for blockchain based financial product surges, potentially accelerating the adoption of traditional assets on chain. Token is stocks, which are part of the growing real world asset RWA token is aation sector, reached a three hundred and seventy million dollar market capitalization by the end of July, according to a Wednesday Finance research report shared

with coin Telegraph. The Lion's share two hundred and sixty million dollars was attributed to Exodus movement. I've never heard of these folks. The shares were issued through Securitize, so many of you know Securitize. They helped Blackrock to launch their money market fund, Tokenized money Market Fund, and I've

had the CEO and many representatives on the podcast. So excluding this figure, the market capitalization of tokenized stocks rose fifty three point six million dollars, marking a two hundred and twenty percent monthly increase in June. So, folks, there's a race happening here clearly right. You got a lot of Wall Street firm If you caught my interview with

Robin's CEO, Vlatinev, and I published that about a day ago. Guys, go watch it because he talked about Robin Hood's plans to do this, and they have the infrastructure already, the brand, the retail customer base, and a lot of stocks. Obviously they're going to move it to the blockchain and they're building their own late layer two on the Arbitrum blockchain. So clearly a massive race here, folks. And you're seeing crypto exchanges jump into the game. Coinbase announced they'll get

they're going to be doing this. You have e Toro, they've launched it, so has Craken. So the really cool thing is that, in addition to financial inclusivity and more reach around the globe, you're going to be able to do DeFi activities with these tokenized assets. And I think that's what really opens up a lot of opportunities because you can, rather than just have the assets sit there,

it can work for you. So yes, the asset price can appreciate as stock prices do, but if you have it earning yield and you're lending it out and it's all done through smart contracts, you have another avenue to earn passive income. So that's what makes it a game changer, and that's why you have this race happening here. It's not just okay, let's put it on the blockchain, but there's so many opportunities from a DeFi perspective, in addition to more liquidity because if you open these stocks up

to many other jurisdictions that couldn't touch it before. Again, more liquidity. Right, So, guys, do you see where things are headed? Do you see the direction the puck is

heading in? We're skating to that, and this is why we're taking our bets, and we want to look at which blockchains are being adopted for tokenization in addition to other things, because that's the utility, that's the building that's going to happen on these blockchains, and Metcalf's law reads law right, as we have often talked about, will help increase the value and the transactions, the building and all that.

So exciting times. I know right now some of you are gonna say, but Tony, the price, the price, the price, I know, but as we've been talking about, we are still in a macro bowl market for all assets, real estate, cryptos, stock market, and precious metals. Crypto's experience at cool down, so is the stock market. Markets can go up in a straight line. It's very simple. Look at the RSI I've been sharing with you guys, right, look at my newsletter.

We were in the overbod zone. We're coming out of that. We're heading near to the over sol. We're going to bounce and keep going. The thesis of global liquidity, and all these things are still in play. The Fibonacci levels, the Elliot wave models, they all show nothing has been invalidated. So be patient. It's summertime, you know here at least

in the United States. Go to the beach, go touch grass, right, and then when we start moving, which I believe will happen later this month, then you come back and we start getting ready to look to take profits. So make sure you got your plan though, right. So that's how I'm treating it. I haven't looked at my portfolio in like a week, right, because I know it's down. There's no point. So I got to keep my mental health

when it comes to investing. So hope you guys understand these are just little tricks, right, Just don't look at your portfolio when it's down like this. So guys, bullish times are head and I do believe the blow off top is going to come this year, so let's make sure we are prepared folks. A great way you can support me in the podcast if you appreciate my content is please subscribe to my free email newsletter. It's one

hundred percent free. It's on substack linkal being a description, check out my book on Amazon, it's available in paperback and digital, and my course at Mycrypto course dot com. This is a comprehensive course that teaches you every aspect of crypto, folks. No other course offers what this offers. It includes expert commentary and you will hear from founders, CEOs, institutional investors, and much more explaining the different topics around crypto.

It will help full text writeups, downloadable materials. So you pay a one time fee, you get lifetime access. You can share that with your friends and family. Is if you want to go at your own pace. So again, no other course offers what this offers, guys. And for example, you can hear Carlos Domingo, the co founder and CEO of Securitize, explain tokenization to you and how it works. Right, So it It's packed with a ton of value, folks, so check it out. Go to mycrypto course dot com. Folks,

thank you so much for watching and listening. I appreciate you all, and I'll talk to you all later. Hmmmmmm

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