Kashan Gatewood (gorrilladiesel)

Kashan Gatewood

Cryptocurrency, Defi, NFTS, Web3 and technology

4 Followers

Recent casts

Understanding the iShares Bitcoin Trust and Hard Forks A recent highlight from Wolf_Financial on X sheds light on an intriguing aspect of the #SEC filing prospectus for BlackRock's iShares Bitcoin Trust: its approach to #Bitcoin hard forks. 🔍 Key points: 1️⃣ If a hard fork occurs, the version of Bitcoin supported by the trust is determined by the sponsor (BlackRock). 2️⃣ The prospectus acknowledges BlackRock’s fiduciary duty to maximize profits for its clients. This raises an important question: Why would BlackRock support a less valuable fork? Choosing the dominant, more profitable chain aligns with their profit-driven mandate. 💭 Takeaway for $IBIT investors: This clause could simply be a precautionary disclosure, but it’s a reminder of how centralized decision-making can impact ETFs. While BlackRock’s decisions may prioritize profitability, it underscores the potential for divergence between retail Bitcoin holders and institutional vehicles. #Crypto #BitcoinETF

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Top casts

Reflecting on yesterday's crypto market activity: It was a day of recovery and renewed interest. Bitcoin climbed back into six-figure territory, a positive sign for the overall market. Even more notable was the surge in certain altcoins, particularly VIRTUAL, which jumped 24% to reach new all-time highs. This seems to be fueled by the growing excitement around AI Agents in the crypto space. It highlights the dynamic nature of this market and the impact of emerging trends. What are you seeing as the key drivers in the current market? #crypto #bitcoin #altcoins #AI #AIagents #markettrends

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MP Satoshi Hamada Advocates for Bitcoin Reserves 🇯🇵 Japanese MP Satoshi Hamada has made a bold call for the Japanese government to adopt a strategic reserve of #Bitcoin.

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Argentina's National Securities Commission (CNV) has approved the country's first foreign spot Bitcoin ETFs.

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#BitGlobal has filed a lawsuit against #Coinbase, accusing the exchange of anticompetitive behavior and market sabotage over the delisting of #WBTC (Wrapped Bitcoin).

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Onchain profile

Ethereum addresses