Episode
SpaceX IPO Mania and Ethena’s Strategic Pivot
- Podcast
- 0xResearch
- Published
- Jun 12, 2026
- Duration seconds
- 3185
- Processing state
not_requested- Canonical source
- https://traffic.megaphone.fm/BWG5498814827.mp3
Actions
POST https://stenobird.com/v1/public/podcasts/0xresearch-5776644/episodes/spacex-ipo-mania-and-ethena-s-strategic-pivot/transcription-requests
Idempotently request low-priority transcript generation for this episode.GET https://stenobird.com/podcast/0xresearch-5776644/spacex-ipo-mania-and-ethena-s-strategic-pivot.md
Read the agent-friendly Markdown representation of this episode resource.
Summary
In this episode we discuss SpaceX’s IPO and its potential effects on equity and crypto markets, including Bitcoin performance, ETF flows, valuation metrics, and mining trends. We also cover Ethena’s evolving yield strategy, reserve diversification, institutional lending, token value accrual, and the implications of its partnership with Coinbase. Thanks for tuning in! As always, remember this podcast is for informational purposes only, and any views expressed by anyone on the show are solely their opinions, not financial advice. -- Follow Blockworks Research: https://x.com/blockworksres Follow Kunal: https://x.com/Kunallegendd Follow Carlos: https://x.com/0xcarlosg Follow Danny: https://x.com/defi_kay_ Follow Luke: https://x.com/0xMether -- Subscribe on YouTube: https://bit.ly/3foDS38 Subscribe on Apple: https://apple.co/3SNhUEt Subscribe on Spotify: https://spoti.fi/3NlP1hA Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ -- Timestamps: (0:00) Introduction (4:12) SpaceX IPO Markets (9:09) Bitcoin Decouples From Equities (15:36) Bitcoin Bottom Signals (24:18) Miners Shift to AI (25:59) Ethena’s New Strategy (31:50) Ethena Becomes an Asset Manager (35:24) Scalable Yield Sources (41:06) ENA Token Value (47:25) Coinbase Distribution Bull Case (51:33) Closing Comments -- Check out Blockworks Research today! Research, data, governance, tokenomics, and models – now, all in one place Blockworks Research: https://www.blockworksresearch.com/ Free Daily Newsletter: https://blockworks.co/newsletter -- Disclaimer: Nothing said on 0xResearch is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely…