Скачать или смотреть B4E 2025: The $100k Reality: Institutional Bitcoin Integration and What's Next

The $100k Reality: Institutional Bitcoin Integration and What’s Next
with Matt Dines, Andy Edstrom, and Jeff Walton

Bitcoin has cleared six figures and stayed there—so what fundamentally changed? In this panel from Portland (August 1, 2025), three finance pros dig into how ETFs, corporate treasuries, and new Bitcoin-backed securities are reshaping market structure, risk, and custody—and what could break (or accelerate) next.

What you’ll learn
• The transformed market landscape post-ETF approvals, corporate Bitcoin treasuries, and innovative Bitcoin-backed securities
• The rise of Bitcoin-backed instruments (preferreds, convertibles) and evolving digital “risk curves”
• Volatility ≠ risk: reframing for institutions conditioned by legacy finance
• Froth vs fundamentals: equities, memes, and how to “dance near the door”
• Custody realities (Coinbase concentration, multi-sig, rehypothecation) and systemic risk
• Leverage & derivatives: CME futures, options on ETFs/equities, and regulatory guardrails
• “Paper Bitcoin” vs self-custody and the responsibility that comes with monetization at scale
• Audience Q&A: derivatives growth, Bitcoin’s life-changing effects, community accountability for treasury companies, and more

Speakers
• Matt Dines – Build Asset Management (Seattle) https://getbuilding.com/
• Andy Edstrom – Financial advisor; author of Why Buy Bitcoin https://www.amazon.com/Why-Buy-Bitcoi...
• Jeff Walton – MSTR True North founder; VP of Bitcoin Strategy @Strive https://x.com/PunterJeff

Chapters
00:00 Intro & audience poll
01:16 Market context at $100k
02:09 ETFs & new Bitcoin-backed instruments
04:14 Bullish…with a “wet blanket” risk lens
06:13 Froth, bubbles, and allocation discipline
11:00 Institutions vs self-custody; education gap
16:07 Custody concentration & Coinbase risk
20:28 Mispriced risk and legacy rehypothecation
31:40 Audience Q: size/impact of derivatives
36:32 Regulation, visibility of leverage
37:45 How Bitcoin changes behavior
38:47 Keeping BTC corporations accountable; real vs paper BTC

If you found this helpful, like/subscribe and share with someone still thinking in “pre-ETF” terms.
Get Andy’s book Why Buy Bitcoin and keep learning about cold storage, multi-sig, and self-custody best practices.

#Bitcoin #BTC #ETFs #InstitutionalAdoption #SelfCustody