# BTC ETFs Bled $4B in Worst Month Ever, Strategy's Plan Forward and an Institutional Super Cycle for ETH?

Page: https://stenobird.com/podcast/coindesk-podcast-network-334494/btc-etfs-bled-4b-in-worst-month-ever-strategy-s-plan-forward-and-an-institutional-super-cycle-for-eth
Text version: https://stenobird.com/podcast/coindesk-podcast-network-334494/btc-etfs-bled-4b-in-worst-month-ever-strategy-s-plan-forward-and-an-institutional-super-cycle-for-eth.md
Podcast: [CoinDesk Podcast Network](https://stenobird.com/podcast/coindesk-podcast-network-334494)
Published: 2026-06-29T18:00:00+00:00
Episode link: https://traffic.megaphone.fm/CDI8945004798.mp3
Audio file: https://traffic.megaphone.fm/CDI8945004798.mp3
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Duration seconds: 2214

## Resource

On this episode of CoinDesk's Public Keys from the New York Stock Exchange, host Jennifer Sanasie is joined by CoinDesk Indices and Data to break down nearly $1.8 billion in weekly Bitcoin ETF outflows, Strategy's new capital plan, and whether the digital asset treasury narrative is back. SharpLink CEO Joseph Chalom joins to unpack the Ethereum Foundation's funding crisis, the launch of ETHlabs, and the company's $75 million raise, as he makes the case for an institutional supercycle in ETH. In this week's 10X, Kaizen founder Brian Jung breaks down his MicroStrategy short. Moody's Ratings Managing Director and Global Head of Digital Economy Fabian Astic explains how the firm is embedding credit ratings into tokenized securities on Solana and unveils the first-ever credit rating methodology for stablecoins. Plus, Midnight Foundation President Fahmi Syed details the partnership with Bank of England-regulated Monument Bank and why privacy is becoming the missing piece for institutional adoption. - This episode of Public Keys is brought to you by Kraken Pro. For more: https://pro.kraken.com/ - Learn more at https://www.bullish.com/. - To get market moving news delivered daily, download CoinDesk’s mobile app: https://linktr.ee/coindeskapp. - Timecodes: 00:00 Welcome to Public Keys 00:52 BTC ETFs See $1.8B in Weekly Outflows 02:57 Strategy's Capital Plan and Bitcoin's Week 04:12 Is the Digital Asset Treasury Narrative Back? 06:37 Ethereum Foundation Departures and ETHlabs 07:06 SharpLink CEO Joseph Chalom Joins 08:15 Ethereum's Funding Crisis and the ETH Bull Case 10:25 Inside SharpLink's $75M Raise 13:36 ETH's Institutional Super Cycle and Price Outlook 15:19 Will the Clarity Act Pass This Year? 17:45 10X: Brian Jung's Strategy Short 19:16 Moody's Ratings Brings Credit Rati…

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