Will the seminal event drive new people to the crypto markets or suck liquidity away from crypto assets?

This episode is sponsored by Nexo.io and this week’s special product launch, Exodus.

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Today on the Brief:

  • The 88th anniversary of Executive Order 6102
  • Former SEC Jay Clayton on bitcoin regulations
  • GBTC intends to become an ETF

Our main discussion:

NLW breaks down the potential implications of the Coinbase IPO. He looks at the bullish arguments of mainstream presence, the potential to send people down a bitcoin rabbit hole and the provisioning of easy on-ramps versus the argument that it will give people a chance to get crypto industry exposure without actually holding bitcoin or other crypto assets.

See also: Coinbase’s COIN Stock to Go Live on Nasdaq April 14

Image credit: Matt Winkelmeyer/Getty Images Entertainment