Noelle Acheson, author of the Crypto Is Macro Now newsletter, explores the recent House Financial Services Committee hearing where SEC Chair Gary Gensler's struggle to define securities was brought to the forefront, accompanied by committee members highlighting SEC communication inconsistencies and a lack of cooperation, all against the backdrop of ETFs' prominent role.

Today's episode is sponsored by Kraken Pro.

Today’s Stories:

Bitcoin - Monthly Return

US small-cap stocks wilt in the heat of higher interest rates | Financial Times

 https://twitter.com/EricBalchunas/status/1707203091785732272?s=20

SEC Begins Consideration of Franklin, Hashdex Crypto ETFs, Delays Decision on VanEck, ARK Ether ETFs

SEC’s Gensler Throws More Crypto Punches in Congressional Hearing

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Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the cryptoasset markets can lead to loss of funds and profits may be subject to capital gains tax.

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This episode was hosted by Noelle Acheson. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Michele Musso. All original music by Doc Blust and Colin Mealey.

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