This episode is sponsored by NYDIG.
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On this edition of “The Breakdown’s Weekly Recap,” NLW covers:
The record-setting performance of the first bitcoin futures exchange-traded fund and what happens next as new ETFs come to marketA massive spate of fundraising, particularly for crypto-focused venture capital fundsNew institutional and mainstream adoption of crypto by $2 trillion asset manager PIMCO and Walmart
See also: Why a Bitcoin Futures ETF Is Bad for Investors
“The Breakdown” is written, produced by and features NLW, with editing by Rob Mitchell and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Only in Time” by Abloom. Image credit: MicroStockHub/E+/Getty Images, modified by CoinDesk.