Wall Street Unplugged - Your Best Source For Finance, Investing & Economics

It’s crazy here in Florida as Hurricane Idalia just made landfall—and it seems like some people are preparing for the apocalypse. Stay safe out there, my fellow Floridians.    Bitcoin rallied over 5% on Tuesday following a win in court for asset manager Grayscale Investments vs. the SEC. The SEC had tried to deny Graysale’s application to convert its Bitcoin trust into a Bitcoin ETF… but the judge ruled the SEC’s decision was “unlawful.” I break down the ruling… why it’s super bullish for crypto… and why a Bitcoin ETF would be the beginning of a new era for digital assets.   In fact, the smart money is already investing in the latest evolution of digital assets: tokenization. I explain how tokenization works… why it benefits businesses AND investors… and why BlackRock CEO Larry Fink is calling tokenization “the next generation for markets.”   The bottom line: Crypto is here to stay. In fact, it’s one of the best risk/reward opportunities I’ve ever seen. And every investor needs exposure to this growth s