Alt Thinking April 17, 2025
DeFi Decoded Podcast

Who Will Buy America's Bonds? When China Closes a Door, Crypto Opens a Window

190 - What the ETF Market Says About Where We're Headed Next with James Seyffart of Bloomberg Intelligence
Investment Team
  • Alex Tapscott, CFA
    Managing Director, Digital Asset Group, Portfolio Manager
    Alex Tapscott, CFA
    Managing Director, Digital Asset Group, Portfolio Manager
    Mr Tapscott is an entrepreneur, business author, and seasoned capital markets professional focused on the impact of emerging technologies, such as blockchain and cryptocurrencies, on business, government, and society. His latest book, Web3: Charting the Internet’s Next Economic and Cultural Frontier (Harper Collins), was published September 19th, 2023. Alex is also the Managing Director of the Digital Assets Group at Ninepoint Partners, one of Canada’s leading investment firms, with more than...
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"It seems like right now the only consensus is no consensus. There's a lot of confusion, a lot of uncertainty."– Alex Tapscott

Join Alex Tapscott and Andrew Young as they decode the world of Web3.  Listen in as they discuss the current macroeconomic environment and its implications for the crypto market, four of the most positive fundamental trends in crypto, how stablecoins are creating new source of demand for U.S. government debt, the onchain gold and FX markets setting record highs in activity last week, the underlying economics for stablecoin issuers and their experience back in the zero-interest rate (ZRIP) era, the launch of the world’s first Solana ETFs in Canada, an update on the SX Network following its best month in history, and more.

TIMESTAMPS

[0:00] Introduction
[1:12] Global Macro & Crypto Market Implications
[7:28] Positive Fundamental Backdrop
[9:35] Stablecoins Are Fueling Demand for U.S. Govt Debt
[13:47] Onchain Gold & FX Markets Experiencing Record Activity
[16:52] Economics of Stablecoin Issuers
[17:54] Canada Launches the World’s First Solana ETFs
[24:55] SX Network Has Its Best Month Ever
[29:02] Conclusion

 

 

Part of Ninepoint’s DeFi Decoded Podcast Series. Available at Google, Apple, and Spotify Podcasts.

The opinions, estimates and projections contained within this recording are solely those of Ninepoint Partners and are subject to change without notice. Ninepoint makes every effort to ensure that the information has been derived from sources believed to be reliable and accurate. However, Ninepoint assumes no responsibility for any losses or damages,  whether direct or indirect, which arise out of the use of this information. These views are not to be considered investment advice nor should they be considered a recommendation to buy or sell. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. Important information about the Ninepoint Partners Funds, including investment objectives and strategies, purchase options, and applicable management fees, and other charges and expenses, is contained in their respective prospectus, or offering memorandum. Please read these documents carefully before investing. We strongly recommend that you consult your investment advisor for a comprehensive review of your personal financial situation before undertaking any investment strategy. For more information visit ninepoint.com/legal. This report may not be reproduced, distributed, or published without the written consent of Ninepoint Partners LP.