An overview of key news, from a new DeFi Index fund for accredited investors to bitcoin shrugging off growing Treasury yields.

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Today’s episode of “The Breakdown” analyzes a number of topics across the bitcoin and crypto industry, including:

  • Bitcoin reclaims $50,000 and looks towards a $1 trillion market cap
  • Treasury yields rise, hammering gold but so far having no impact on BTC
  • Bitwise launches a new DeFi index fund for accredited and institutional investors
  • Christie’s is auctioning off NFTs
  • Coinbase is trading at a $77 billion valuation on the private markets

See also: Bitcoin Poised for Short-Term Gains Past $51K as MicroStrategy Upsizes Debt Deal

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