Weekly Roundup 06/30/23 (ETF frenzy continues, Prime Trust insolvency, how Stablecoins are like Eurodollars) (EP.434)

Matt and Nic return for another week of news and deals. In this episode:  The problem with SEC SAB 121 Pickleball is driving up American healthcare costs Microstrategy buys some more Bitcoin Fidelity refiles their Wise Origin Bitcoin ETF Why the Prime Trust insolvency is so bad Will there be Prime Trust clawbacks? The SEC is slacking with their document retention policies How stablecoins are mirroring the development of eurodollars How Prometheum’s listing strategy might pose a risk to certain cryptoassets The UK law commission determines that digital assets are a new kind of “thing” Content mentioned in this episode: SEC Staff Bulletin 121 Odd Lots, Josh Younger on the Surprising Origins of Eurodollars and Petrodollars Laura Shin Podcast, Paradigm debates Prometheum The UK Law Commission: Final Report on Digital Assets Sponsor notes:  Coin Metrics’ State of the Network: Bitcoin & the Rest  In this issue of State of the Network, we assess Bitcoin’s resurgence and gauge market sentiment amidst a rapidly evolving digital asset landscape marked by regulatory ambiguity and external macro events.