This week, the show celebrates Bitcoin Infinity Day, August 21st. The episode begins by covering new stories highlighting the global adoption of Bitcoin, including South Korea's Pension Fund adding more exposure to Bitcoin through Microstrategy shares, and Norway's Sovereign Wealth Fund indirectly investing in Bitcoin.

The discussion then shifts to institutional investment in Bitcoin ETFs, with 60% of global hedge funds now invested. A notable statistic is that over 65% of these investors have either added to or maintained their positions despite a recent 20% price drop from recent all time highs, indicating a trend towards long-term holding. It's also mentioned that the BlackRock IBIT ETF has experienced the third-largest year-to-date inflows of any global ETF. 

The Ethereum ETFs are contrasted with net outflows of $440 million since launch, leading to speculation about Ethereum's role moving forward. The Solana ETF was denied, but Solana remains active and vibrant compared to other chains.

A rumor that Kamala Harris plans to appoint Gary Gensler as Treasury Secretary if elected is debunked as an example of the importance of verifying information before acting on it.

New data from Game of Trades showing credit card defaults and a drop in net savings leads to a discussion about a potential recession and it's implications for Bitcoin. The show announces a surprise, the sale today of Blutosh's crypto punk, leading to reflections on its significance and future possibilities.

The episode concludes with updates on political polls, polymarket moves, and speculation about RFK Jr.'s future plans for the race. 

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