In this week's episode of Galaxy Grid, the hosts dive into a high-stakes week as Bitcoin registers its first weekly close below $60k since late 2024 amidst macro friction and persistent market overhang. The crew deconstructs MicroStrategy’s newly unveiled digital credit capital framework, analyzing the inner workings of its multi-billion-dollar Bitcoin monetization programs, preferred share repurchases, and shifting corporate dividend policies. Turning to on-chain ecosystems, the team examines the historic seven-week negative streak for major crypto assets that sharply contrasts with record-breaking inflows for emerging altcoin ETFs. The hosts also evaluate the sudden explosion of the "Ansem" KOL meme token, debating whether hyper-speculative assets are cannibalizing Solana's milestone tokenized equity volumes. Finally, they dissect Kraken's rumored multi-million-dollar equity acquisition in Aave Group, explore the deep structural tensions brewing between DAOs and corporate service providers amid the ENS governance overhaul, and discuss the emergence of "ETH Labs" as commercial entities step in to fund the future of the Ethereum roadmap. Keep in touch: ▸ Follow us on Twitter: https://x.com/galaxyhq & https://x.com/glxyresearch ▸ Read our research at https://www.galaxy.com/research ▸ Subscribe to receive Galaxy Research's weekly newsletter: https://www.galaxy.com/subscribe-to-r... This video, and the information contained herein, has been provided to you by Galaxy Digital Holdings LP and its affiliates (“Galaxy Digital”) solely for informational purposes. View the full disclaimer at https://www.galaxy.com/galaxy-digital...