In this episode, Nik is joined by Caitlin Long, founder and CEO of Custodia Bank to discuss the current bitcoin bull market. Caitlin shares her thoughts on the enormous demand for bitcoin ETFs since approval, explains why Wall Street will never control bitcoin, and discusses her bank's regulatory fight against the US government.

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Chapters:
00:00:00 - The Rise of Bitcoin ETFs and Wirehouse Demand
00:04:46 - The Shift Towards ETFs
00:09:10 - The Great Rotation Trade and ETFs
00:13:35 - Market Dislocations and the Role of Mining Stocks
00:17:34 - Fragmented Secondary Markets
00:21:54 - OTC Desks and Private Transactions
00:26:09 - The Hidden Volume of Bitcoin Trading in Dark Markets
00:30:26 - The Friction of Acquiring Bitcoin through Specialized Exchanges and ETFs
00:34:36 - FDIC Operation Chokepoint Confirmation and Criticism