Ep152 HODLing 4 Dear Life: Bitcoin ETFs, State Legislation on Bitcoin Reserves, Bybit Hack, and Tariff Announcements**

1. **Bitcoin ETF Inflows and Outflows**:

   - Discussion of daily net flows for various Bitcoin ETFs from February 11th to 28th, 2025.

   - Highlight the total outflows amounting to approximately $3,005 million USD.

2. **State Legislation on Bitcoin Reserves**:

   - Utah leads efforts to establish the first state-backed Bitcoin reserve, with over 50 Bitcoin-related bills progressing across at least 22 states.

   - North Carolina, Oklahoma, Texas, and Montana are also advancing their Bitcoin reserve bills.

   - Expected that four to five states will pass their Bitcoin reserve legislation this year despite some setbacks.

3. **Bybit Hack**:

   - Bybit experienced a massive $1.4 billion exploit, the largest heist in crypto history, carried out by the North Korea-linked Lazarus Group.

   - Bybit has launched a recovery campaign and plans to release an audited report on its asset status.

4. **Tariff Announcements**:

   - President Donald Trump announced 25% tariffs on Mexican and Canadian imports and a 10% levy on Chinese goods, effective March 4th.

   - The rationale behind the tariffs is to combat the flow of fentanyl into the U.S. and raise significant revenue.

   - Economists are concerned that the tariffs could worsen inflation as importers may pass the costs onto consumers.