This episode covers topics such as ETF flows, GBTC selling, the long-term outlook for Bitcoin, the potential approval of an ETF, the buyers of Bitcoin, the conviction of investors, the timing of ETF approval, 4844 and base rollups, Drip and Solana L2s, and scalable rollups. In this conversation, the hosts discuss memes and meme dilution in the cryptocurrency market. They talk about the rapid rise of new memes and the potential challenges of investing in them. They also discuss the Athena project and its risks and benefits. The hosts touch on the impact of higher rates on DeFi and the potential consequences of integrating stablecoins into various platforms. They conclude with some closing remarks. 00:00 - Introduction 01:03 - ETF Flows 05:55 - Long-Term Outlook 07:20 - ETF Approval 08:20 - Buyers of Bitcoin 09:47 - Investor Conviction 13:07 - ETF Rejection 14:35 - ETH ETF and Maker Endgame 22:31 - 4844 and Base Rollups 29:35 - Drip and Solana L2s 34:18 - Scalable Rollups 35:10 - Memes and Meme Dilution 50:35 - Discussion on Athena 01:05:26 - Impact of Higher Rates on DeFi 01:10:41 - Closing Remarks Disclosures: Nothing said on The Hivemind is a recommendation to buy or sell securities or tokens. The podcast is strictly for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Jose, Yan, Duncan, Ceteris, and our guests may advise or hold positions in the companies, funds, or projects discussed. Delphi's transparency page can be viewed here. Get a 20% discount on a premium Delphi PRO or PRO+ for listening to this episode! Follow the links below or use the codes on checkout: 20% off Delphi PRO annual Code: PODCASTPRO Direct Link: https://delphi.link/podcastpro 20% off Delphi PRO+ annual Code: PODCASTTEAMS Direct Link: https://delphi.link/podcastteams Follow Delphi Digital Website: https://members.delphidigital.io Twitter / X : https://x.com/delphi_digital