Latest / The Paul Barron Crypto Show / Cathie Woods Sells Bitcoin for Ethereum?🔥DeFi Will 1000X🚀

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Cathie Woods Sells Bitcoin for Ethereum?🔥DeFi Will 1000X🚀 · The Paul Barron Crypto Show

• 0:07
  Speaker 1: Kathy Wood is dumping bitcoin for ethereum. Today, we'll break
• 0:11
  Speaker 1: it down for you, give you guys a full insight.
• 0:12
  Speaker 1: My name is Paul Barrel. Welcome back in a tech path.
• 0:15
  Speaker 1: Let's get started today. I do want to thank our sponsor, Coinbase.
• 0:17
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• 0:34
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  Speaker 1: and get into crypto for the very first time.
• 0:42
  Speaker 2: Check it out. Use our link down below. It does
• 0:44
  Speaker 2: help the channel. All right. We'll go over to a
• 0:46
  Speaker 2: couple of topics.
• 0:47
  Speaker 1: ARC invest swaps nearly nine million of its own bitcoin ETF,
• 0:51
  Speaker 1: its own bitcoin ETF for Coinbase.
• 0:54
  Speaker 2: So all that being said, you.
• 0:55
  Speaker 1: Got to look at the outflows of where ETFs have
• 0:58
  Speaker 1: been going. And of course we have this stacked version
• 1:01
  Speaker 1: right here of both bitcoin and eth. As you can
• 1:03
  Speaker 1: see right there on the chart Eth holding the line
• 1:06
  Speaker 1: with institutional capital where what we are seeing in terms
• 1:10
  Speaker 1: of outflows for the last couple of days on bitcoin
• 1:13
  Speaker 1: very significant. Of course, the price of bitcoin has been
• 1:15
  Speaker 1: falling as we talk and record about this today, So
• 1:20
  Speaker 1: this is a factor that everybody's looking at. I want
• 1:22
  Speaker 1: to go to a clip real quick, because this is
• 1:24
  Speaker 1: getting into what's happening over at eth Denver, and this
• 1:28
  Speaker 1: is pretty cool.
• 1:29
  Speaker 2: Take a look.
• 1:30
  Speaker 3: So again ten minutes. Actually, I think we're already breaking
• 1:34
  Speaker 3: the record by the time of this presentation. We've reduced
• 1:38
  Speaker 3: to time from ten minutes to Actually someone timed it
• 1:42
  Speaker 3: on Twitter to build an app in under three minutes.
• 1:47
  Speaker 1: Okay, first three minutes. I got to see it to
• 1:50
  Speaker 1: believe it. But right here, if you go over to
• 1:52
  Speaker 1: bas dot organ builders, you guys get a chance to
• 1:55
  Speaker 1: build an app, launch an AI agent, accept crypto payments.
• 1:58
  Speaker 1: The cool thing is is that this is drawing in
• 2:01
  Speaker 1: a heavy level of developers. And that's what Kathy would
• 2:04
  Speaker 1: says all the time, as do I follow the developers.
• 2:07
  Speaker 1: If you follow the developers, you're going to see the
• 2:09
  Speaker 1: amount of growth. And Kathy has been on a couple
• 2:12
  Speaker 1: of Bitcoin MAXI shows recently.
• 2:16
  Speaker 2: This one was one.
• 2:16
  Speaker 1: That they did with the whole slew of bitcoin maxis,
• 2:19
  Speaker 1: and I've got a clip from this show that explains
• 2:22
  Speaker 1: a little bit more of the questions she was asking.
• 2:25
  Speaker 1: Maybe what's getting into her thesis.
• 2:27
  Speaker 4: Take a look because we're proof of work. They're very
• 2:30
  Speaker 4: legitimate counterparty risks when all of your chips are coming
• 2:33
  Speaker 4: from one place, if a very ear of too many people,
• 2:35
  Speaker 4: god forbid, are using the same third party provider and
• 2:39
  Speaker 4: there's a security gap.
• 2:40
  Speaker 5: Given the philosophy of the bitcoin community and how important
• 2:46
  Speaker 5: decentralization is, I have been struck that we've been talking
• 2:51
  Speaker 5: about this for a while, but I was shocked at
• 2:54
  Speaker 5: how much came out of China, and I am still
• 2:58
  Speaker 5: shocked at how much comes out of it.
• 3:00
  Speaker 6: But it's like, why, you know the whole mining industry
• 3:05
  Speaker 6: is doing them no favors at all. It's an adversarial relationship.
• 3:08
  Speaker 6: Actually why and the manufacturers, I don't know, it's insane.
• 3:13
  Speaker 5: I think we have an important addendum here because we
• 3:18
  Speaker 5: will be wrong by just from an investment point of view,
• 3:22
  Speaker 5: saying this is a commoditized industry. It's you know, there
• 3:26
  Speaker 5: aren't going to be very many interesting investments in it.
• 3:29
  Speaker 6: You could you could build this and sell this, start
• 3:32
  Speaker 6: a business selling thees, or you could change it up.
• 3:35
  Speaker 6: And you know, if you have a different idea, you
• 3:37
  Speaker 6: want to use different chips, Like the next version of
• 3:39
  Speaker 6: this will have the Intel chips on it. So we
• 3:44
  Speaker 6: got a lot of cool stuff happening here, and it
• 3:46
  Speaker 6: still feels like the beginning.
• 3:48
  Speaker 5: I think we have a really creative white paper to write.
• 3:54
  Speaker 5: Lorenzo Bitcoin loves white papers.
• 3:56
  Speaker 3: So there you go.
• 3:57
  Speaker 6: It's going to happen fast.
• 3:59
  Speaker 5: All right. I can't wait to start talking about it
• 4:01
  Speaker 5: in the media and I will.
• 4:04
  Speaker 1: All right, So there you have it. I mean, ARC
• 4:06
  Speaker 1: is trying to reposition around this, but you could see
• 4:08
  Speaker 1: there's a little bit of the scenario and questions being
• 4:11
  Speaker 1: asked around you know, whether it's hardware centralization, all the
• 4:14
  Speaker 1: things that we have seen around this in the future.
• 4:18
  Speaker 1: With that being said, and many times these you know,
• 4:21
  Speaker 1: major investment groups kind of go with their actions. They're
• 4:25
  Speaker 1: also following a lot of what's happening on the regulation side.
• 4:28
  Speaker 1: So of course this is a timeline of the Trump effect.
• 4:31
  Speaker 1: You got David Sachs and Hester Peiris right there, who
• 4:33
  Speaker 1: is head of the crypto Task Force and the White House,
• 4:36
  Speaker 1: AI and cryptos are a lot has happened in a
• 4:39
  Speaker 1: very short period of time. And you'll notice something guys
• 4:42
  Speaker 1: here that most of this is in reference to digital
• 4:45
  Speaker 1: assets as a whole, and when you look at the
• 4:48
  Speaker 1: digital asset space, you're going to have to consider ethereum
• 4:52
  Speaker 1: because of its size and what it's been able to do.
• 4:56
  Speaker 1: Additionally to that, you look at some of the key
• 4:58
  Speaker 1: things that have been happening, not only from the legislative front,
• 5:01
  Speaker 1: but also just from the cases being dropped. Unicewap SEC
• 5:05
  Speaker 1: drops their case against unicewap, and of course we saw
• 5:08
  Speaker 1: a little bit of movement on the unswap thing. But
• 5:10
  Speaker 1: I think the bigger thing here is when you look
• 5:12
  Speaker 1: at ARC in general and where she's starting to place
• 5:16
  Speaker 1: her holdings, and even right here you can kind of
• 5:18
  Speaker 1: see a little bit of the movement that has been
• 5:20
  Speaker 1: taking place within ARC also moving into Robinhood, so again
• 5:25
  Speaker 1: another centraliaa exchange and the power of being and having
• 5:30
  Speaker 1: access to so many of these all coins and Ethereum
• 5:34
  Speaker 1: based ecosystems, so definitely a big one. Other things to
• 5:37
  Speaker 1: watch out is their Big Ideas twenty twenty five report.
• 5:41
  Speaker 2: If you haven't read it, go check it out. But
• 5:43
  Speaker 2: their table of.
• 5:43
  Speaker 1: Contents had a new entry and that was it right there.
• 5:47
  Speaker 2: Stable coins.
• 5:47
  Speaker 1: One of the area in the report you'll notice here
• 5:50
  Speaker 1: is applications seeking lower fees greater efficiency. Point being is
• 5:54
  Speaker 1: that everything's pointing to Solana and ethereum. If you look
• 5:57
  Speaker 1: at base coinbased wallet, all of this playing into the
• 6:01
  Speaker 1: future of where this is going. And this also leverages
• 6:04
  Speaker 1: into her whole position around DeFi, which is a big
• 6:07
  Speaker 1: part of this. And if you look at just in
• 6:09
  Speaker 1: general the amount of transactions and the cost to make
• 6:12
  Speaker 1: those transactions occur, eth is really doing a lot to
• 6:16
  Speaker 1: try to lower that cost. So even though we will
• 6:19
  Speaker 1: have lower cost transactions wise, the key here and this
• 6:23
  Speaker 1: is why layer twos are important.
• 6:24
  Speaker 2: If you go back to that chart, Layer two is
• 6:26
  Speaker 2: very important.
• 6:27
  Speaker 1: Arbitrum based polygon because of the fact of just pure transactions.
• 6:31
  Speaker 1: So even though we have a lot of developers lower
• 6:33
  Speaker 1: gas fees, we're soon to need those layer twos to
• 6:35
  Speaker 1: continue to see those transaction loads be able to go forward.
• 6:39
  Speaker 1: All right, that being said, you got to look at
• 6:41
  Speaker 1: what's happening over on Solana. Pump got funds, x account
• 6:45
  Speaker 1: got hacked, so more of that negativeness, and I think
• 6:49
  Speaker 1: when you look at Solana, what I don't understand yet
• 6:52
  Speaker 1: is why we haven't seen the Solona teams really start
• 6:54
  Speaker 1: to push out, you know, the greater good idea of crypto,
• 6:58
  Speaker 1: and I think Solona has always been behind that, but
• 7:01
  Speaker 1: of late it's been mostly a mean cooin factory for
• 7:04
  Speaker 1: the growth of what's been going on within Solona. You
• 7:07
  Speaker 1: look at Ethereum and you kind of consider, well, the
• 7:10
  Speaker 1: nearest competitor right now is Solona when it comes to developers.
• 7:13
  Speaker 1: But if you go in and add the stack in
• 7:15
  Speaker 1: here in terms of layer twos along with eth and
• 7:19
  Speaker 1: you can see there it's hands down the place. And
• 7:22
  Speaker 1: as we've talked before, Kathy what has said before, follow
• 7:25
  Speaker 1: the developers, Follow the developers. This is a clip coming
• 7:29
  Speaker 1: out of the Bank of America CEO talking about possibly
• 7:34
  Speaker 1: a stable coin incoming as well.
• 7:36
  Speaker 2: Take a look.
• 7:37
  Speaker 7: It's pretty clear there's going to be a stable coin,
• 7:39
  Speaker 7: which is going to be a full of dollar back,
• 7:41
  Speaker 7: which is no different than a money market fund with
• 7:43
  Speaker 7: check access, is no different than a bank account really,
• 7:45
  Speaker 7: and so if they make that legal, we'll go into
• 7:48
  Speaker 7: that business. So you'll have a be a Bank of
• 7:50
  Speaker 7: America coin in a US dollar deposit and we'll be
• 7:54
  Speaker 7: able to move them back and forth because now it
• 7:57
  Speaker 7: hasn't been legal for us to do it. But it's
• 7:59
  Speaker 7: just like another foreign currency. The question of what it's
• 8:02
  Speaker 7: useful for is going to be interesting, all right.
• 8:04
  Speaker 1: So you're going to have to keep a real close
• 8:06
  Speaker 1: eye on this because, as I've said before, we're going
• 8:08
  Speaker 1: to see JP Morgan coin, boa coin, all these kind
• 8:11
  Speaker 1: of scenario is playing into it. We've already started to
• 8:13
  Speaker 1: see this play out within other organizations and even countries
• 8:18
  Speaker 1: I think will come online with stable coins. But you
• 8:20
  Speaker 1: look at what's happening right now. You got private credit
• 8:23
  Speaker 1: absolutely spiking right now on the global market. And this
• 8:27
  Speaker 1: of course we'll get into where the total RWA market
• 8:31
  Speaker 1: cap could be, and of course stable coins is going
• 8:33
  Speaker 1: to be a super big part of this. So with
• 8:36
  Speaker 1: the point that you see there with the b of A,
• 8:39
  Speaker 1: you've got to take a look at Ripple because this
• 8:41
  Speaker 1: roadmap is getting into private credit. We are scoring I
• 8:44
  Speaker 1: think we're going to see a lot more coming out
• 8:46
  Speaker 1: of Ripple, and even if in comparison, I mean you
• 8:49
  Speaker 1: think about this is number three token the roadmap in
• 8:52
  Speaker 1: comparison to what we've seen out of bitcoin.
• 8:54
  Speaker 2: This is the challenge, and I think.
• 8:55
  Speaker 1: Maybe Kathy Wood is starting to catch these new and
• 9:00
  Speaker 1: beginning to understand where that narrative needs to play. So
• 9:04
  Speaker 1: watching her twenty twenty five Big Ideas Report is pretty
• 9:07
  Speaker 1: big deal with that. Here is a clip from Eth
• 9:10
  Speaker 1: Denver and why DeFi is about to explode.
• 9:13
  Speaker 8: Take a look benchmarking against what we're seeing with traditional
• 9:17
  Speaker 8: payment processors. You know, we have Visa massacred and American
• 9:20
  Speaker 8: Express up here, and stable coins at large are driving
• 9:23
  Speaker 8: trillions of dollars in activity, even though we might not
• 9:25
  Speaker 8: see it and feel it in our day to day
• 9:28
  Speaker 8: There really is like steam picking up here. Another big number,
• 9:31
  Speaker 8: but I stand by this. So treasury bills alone is
• 9:34
  Speaker 8: a twenty eight trillion dollar asset class. Global bond market
• 9:37
  Speaker 8: is worth one hundred and thirty trillion dollars. These are
• 9:40
  Speaker 8: just two types of assets, and we're already talking like
• 9:43
  Speaker 8: hundreds of trillions of dollars, and we're already seeing some
• 9:46
  Speaker 8: of the world's leaders like Larry Fink, who manages eleven
• 9:48
  Speaker 8: trillion dollars of assets. He's like on CNBC saying, I
• 9:53
  Speaker 8: want the SEC to legalize the tokenizations of stocks and
• 9:56
  Speaker 8: bonds today. He knows if it was programmatic, they would
• 9:59
  Speaker 8: make way more more money, their margins would be way wider.
• 10:02
  Speaker 8: After treasury bills, We're going to see the next stage
• 10:03
  Speaker 8: where bonds and stocks are moved on chain, and this
• 10:07
  Speaker 8: is going to, like very importantly be able to serve
• 10:10
  Speaker 8: normal people.
• 10:12
  Speaker 2: All right.
• 10:13
  Speaker 1: With that agency, DeFi clearly is going to take over
• 10:16
  Speaker 1: I think all of capital in general and what we
• 10:19
  Speaker 1: know as the traditional finance system. You look at this
• 10:23
  Speaker 1: statement right here, and this is something I've alluded to
• 10:25
  Speaker 1: in the past, is that if you had Blackrock potentially
• 10:29
  Speaker 1: trying to fork Bitcoin, mainly to monopolize what they've done
• 10:34
  Speaker 1: according to the SEC, but more about innovation. You know,
• 10:37
  Speaker 1: they're trying to get something going. What we're seeing happening
• 10:40
  Speaker 1: over on the eth ecosystem, that could happen in this
• 10:44
  Speaker 1: kind of scenario. So if Blackrock were to get into
• 10:47
  Speaker 1: a position where they had enough centralized control, remember they
• 10:50
  Speaker 1: get to vote on all of that access because they're
• 10:53
  Speaker 1: holding those assets.
• 10:54
  Speaker 2: So that is a.
• 10:55
  Speaker 1: Very intriguing position, all right. So you've got to follow
• 10:58
  Speaker 1: the money a little bit. While everybody in the market
• 11:01
  Speaker 1: seems to be panicking right now, we've got World Liberty five.
• 11:04
  Speaker 1: This is Trump absolutely going out here and just buying
• 11:07
  Speaker 1: more bitcoin or buying more ethereum over and over. You
• 11:11
  Speaker 1: can kind of see more inserts. And when you look
• 11:14
  Speaker 1: at the holdings by chain right now, Ethereum is the
• 11:19
  Speaker 1: one that pretty much takes over and again. This is
• 11:22
  Speaker 1: a factor I think overall. If you look at Donald
• 11:25
  Speaker 1: Trump himself holding by chains right there, I mean this
• 11:28
  Speaker 1: is like a ten x compared to other chains out there,
• 11:31
  Speaker 1: so clear there's some writing on the wall. Definitely something
• 11:34
  Speaker 1: to keep an eye on as well. I've got another
• 11:36
  Speaker 1: clip for you, and this is Kathy Wood talking about
• 11:39
  Speaker 1: the underrated big ideas, which makes me lean in on
• 11:43
  Speaker 1: bitcoin for ethereum.
• 11:44
  Speaker 2: Take a look.
• 11:46
  Speaker 5: In terms of big ideas, I think the most underappreciated
• 11:50
  Speaker 5: application of AI is healthcare. While robotaxis might be the
• 11:55
  Speaker 5: biggest application short term ten trillion dollars in the whole
• 11:59
  Speaker 5: ecosystem over the next five to ten years, we think
• 12:02
  Speaker 5: the most profound application is in healthcare.
• 12:06
  Speaker 7: Is there something comparable in the medical applications of AI, Well.
• 12:10
  Speaker 5: I think you have to look at the sequencing technology all.
• 12:16
  Speaker 1: Right, so there may be something there I won't say that.
• 12:19
  Speaker 1: I think Kathy is maybe going down the wrong direction
• 12:22
  Speaker 1: because you get to look at the where the money
• 12:24
  Speaker 1: is and where the transactions potentially could be in healthcare,
• 12:28
  Speaker 1: and there's really only a handful of places. One of them,
• 12:30
  Speaker 1: of course, is in the primary area of insurance. United Healthcare,
• 12:35
  Speaker 1: this is still a four hundred and fifty billion dollar
• 12:37
  Speaker 1: company even with this most recent SEC investigation. They're going
• 12:41
  Speaker 1: to continue to be that way. Now, could this sector
• 12:45
  Speaker 1: be disrupted by blockchain? We think so. And let me
• 12:49
  Speaker 1: go to this clip because this is going to explain
• 12:50
  Speaker 1: this and why this could happen.
• 12:52
  Speaker 2: Take a look.
• 12:53
  Speaker 9: United Healthcare set up an AI that denied ninety percent
• 12:58
  Speaker 9: of the claims that came its way. Why is that, because, Hey,
• 13:01
  Speaker 9: the longer they hold on to your money, the longer
• 13:04
  Speaker 9: they're getting profits off of your money sitting in their
• 13:07
  Speaker 9: vaults and sitting in their coffers. What's currently happening When
• 13:11
  Speaker 9: you send a hundred bucks to the health insurance company,
• 13:14
  Speaker 9: usually only about fifty percent is actually going to paying
• 13:19
  Speaker 9: for your doctor and your pharmacy. Stuff They buy in
• 13:22
  Speaker 9: bulk and then sell you the individual price. They're incentivized
• 13:27
  Speaker 9: to have as much administration as possible, and then at
• 13:31
  Speaker 9: the very top of this awful stack is endless profit taking.
• 13:36
  Speaker 9: At the top, you really only need three pieces to
• 13:40
  Speaker 9: have an insurance company. You need to have a network,
• 13:43
  Speaker 9: you need to have claims administration, and you need to
• 13:46
  Speaker 9: have a ton of money. All that you're doing is
• 13:48
  Speaker 9: removing the incentive to deny and delay. You give a
• 13:52
  Speaker 9: doctor cash on the spot, and the doctor actually charges
• 13:56
  Speaker 9: you less because they don't have to go fight the
• 13:59
  Speaker 9: insurance comp company for their money. Like taking on big
• 14:03
  Speaker 9: insurance is going to be like fighting an ugly guerrilla
• 14:06
  Speaker 9: and they're gonna fight at all costs.
• 14:10
  Speaker 1: All right, So that could be a big fight coming
• 14:13
  Speaker 1: down the pipe as we start to see blockchain really
• 14:15
  Speaker 1: moving in on this of where we could see a
• 14:18
  Speaker 1: lot more transparency around this. So again technology disrupting. We've
• 14:22
  Speaker 1: seen this in every category. We're seeing it now in finance,
• 14:24
  Speaker 1: which I think a lot of people never thought we
• 14:27
  Speaker 1: would see major banks move into this, and here we
• 14:29
  Speaker 1: are today that we've got the Bank of America CEO
• 14:32
  Speaker 1: talking about stable coin. They're going to be holding this
• 14:35
  Speaker 1: just like if you look at what Fidelity a couple
• 14:36
  Speaker 1: of years ago in bringing in the assets of bitcoin
• 14:40
  Speaker 1: and ethereum. It's happening, guys, So we're going to see
• 14:42
  Speaker 1: more innovation. If you think about technology in the early stages,
• 14:47
  Speaker 1: you got to look back at Amazon's chart, all the
• 14:49
  Speaker 1: way back to two thousand and two. Everybody thought Amazon
• 14:53
  Speaker 1: was dead, and of course we know the difference right there,
• 14:56
  Speaker 1: but this is where it came from, right there, two
• 14:59
  Speaker 1: thousand dot bomb.
• 15:00
  Speaker 2: Everybody knows that.
• 15:01
  Speaker 1: Then of course Amazon relegated down to almost the bottom
• 15:04
  Speaker 1: of where it was and absolutely exploded in overall market.
• 15:09
  Speaker 1: Right now, this could be the kind of scenario that
• 15:12
  Speaker 1: we saw in the twenty twenty one high of crypto
• 15:15
  Speaker 1: and ethereum making its all time highs also nestling in
• 15:20
  Speaker 1: on this chart, and are we in for an absolute
• 15:23
  Speaker 1: innovation explosion. Remember, you get a lot of things playing
• 15:26
  Speaker 1: into this regulation. You've got a very pro crypto administration,
• 15:31
  Speaker 1: and you finally have solutions being rolled out into major
• 15:36
  Speaker 1: market sectors. This will happen in food, this will happen
• 15:39
  Speaker 1: in banking, and this will happen in healthcare. If it
• 15:41
  Speaker 1: does that, we are in an Amazon moment going forward.
• 15:46
  Speaker 1: You guys, keep watching on this because this is going
• 15:47
  Speaker 1: to be a big one. To keep close to all right,
• 15:50
  Speaker 1: if you're not in the Diamond Circle, get in right now.
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• 15:54
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• 15:57
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• 16:00
  Speaker 1: you guys. I love to talk with you and always
• 16:02
  Speaker 1: love to get your ideas. Always leave as a comment
• 16:04
  Speaker 1: down there. What do you think about this idea of
• 16:06
  Speaker 1: where we are seeing ethereum in the future. Follow me
• 16:10
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• 16:12
  Speaker 1: right here on tech Path than