The Wolf Of All Streets – Podcast Summary

Episode: "Bitcoin & Crypto Surge 50% As U.S. Gov Reopens & Approves ETF Staking!"
Date: November 11, 2025
Host: Scott Melker
Guest: Andrew (Regular Contributor; institutional crypto advisor)

Overview

This episode covers a whirlwind week for crypto: a surge in U.S. crypto adoption numbers, mainstream banks like SoFi enabling crypto trading, U.S. government reopening just in time to greenlight ETF staking, and signals of the CFTC emerging as the key crypto regulator. Scott and Andrew blend data-driven insights, practical trading advice, and their signature banter as they break down why the crypto tailwinds look stronger than ever heading into 2026.

Key Discussion Points and Insights

1. Crypto Adoption Surges 50% in 2025

• [00:01] Scott opens with major adoption news: 50% year-over-year growth in U.S. crypto users, 61% of institutions planning increased exposure, and significant stablecoin traction.
• Stablecoins drive much of this growth, especially in India and other emerging markets.
• Quote: “This is a 50% increase in adoption... it’s not just clickbait, the data’s here.” – Scott [13:10]

2. SoFi Launches Crypto Trading: Implications for Traditional and Crypto-Native Firms

• [02:26-05:47] SoFi, the first major U.S. bank to integrate direct crypto trading (BTC, ETH, SOL), breaks the dam for the industry.
  • Full integration with banking, savings, and lending—paving the way for other banks to follow rapidly.
  • Differentiation from platforms like Coinbase and Robinhood is based on safety, selection, and regulatory infrastructure.
• Andrew predicts nearly all banks (except maybe Bank of America) will offer similar features within months due to industry commoditization.
  • Quote: “If one guy has it, then everybody has to have it, or else you’re just missing out on revenue.” – Andrew [06:00]
• Interesting take: Banks moving to offer crypto trading for revenue, not philosophical reasons.
• Crypto exchanges are trying to become banks, but progress is slower due to regulatory hurdles.

3. The Government’s Role: Shutdowns and New Crypto-Friendly Legislation

• [14:39-17:15] The U.S. government’s temporary “un-shutdown” will allow regulatory progress—including ETF staking.
• [20:05] Bipartisan Senate bill positions the CFTC, not the SEC, to take the lead as the main crypto regulator.
  • Seen as positive by the hosts, especially as the CFTC is more pro-crypto and experienced with financial derivatives.

4. ETF Staking: A Game Changer

• [18:00] Approval for ETFs to share staking rewards with U.S. investors is a huge milestone.
  • Solana staking ETFs have already launched; Ethereum ETF issuers are lining up.
  • Yield from staking adds massive appeal for institutional and retail investors.
  • Scott: “It’s a pretty big deal to make these more attractive to add a yield, safe yield from staking to these projects.” [18:38]

5. The Inevitable Institutionalization of Crypto

• [20:59-22:45] Andrew reflects on the “turbocharged” regulatory green light for institutional crypto adoption—and his unease about government involvement.
  • Sees positives but warns about unintended consequences, regulatory overreach, and shifting market dynamics.
  • “There’s a little bit about it that just bothers me... there’s not a whole lot the government touches that turns out better than when it started.” – Andrew [21:13]
• Huge capital inflows could trigger “gamma squeeze” price action due to limited supply and rush of new institutional demand.

6. Trading & Allocation Strategies: The Reality for Institutions and “Smart Money”

• [24:49] 61% of institutions plan to increase crypto exposure; only 4% plan to decrease.
  • The biggest driver? “Expectation of higher future returns.”
  • Financial advisors love Bitcoin’s 3/5/10 year outperformance versus gold.
• [32:23] Andrew details how institutions and sophisticated traders amass positions methodically, “edging in” over time—not all at once.
  • “The tools themselves, they reshape the way that you think about your positions... That’s the way hedge funds end up collecting positions.” – Andrew [32:25]
• Scott jokes about rooting for dips, and how modern tools enable smarter averaging strategies.

7. Scott & Andrew’s Banter and Listener Interaction

• The pair riff on everything from the McRib (allegedly a Bitcoin rally indicator!), to their guest’s ultra-strict diet, to Gen X humor and old-school pranks.
• Notable Banter:
  • McRib Index for Bitcoin price rallies [13:10]
  • Audience calls Scott a "jerk off" for plugging his product (“Go try them for free...and then tell me what you think.” – Andrew [37:08])
  • Shared nostalgia for 80s/90s “loving insults” and banter.

Memorable Quotes & Moments (with Timestamps)

• On Banking and Crypto Trading Adoption:
  • “Traditional banking and financial services is completely commoditized. If one guy has it, then everybody has to have it or else you’re left out of the party.” – Andrew [06:00]
• On ETF Staking:
  • “It’s a pretty big deal to make these more attractive to add a safe yield from staking to these projects.” – Scott [18:38]
• On Regulatory Progress:
  • “It looks very likely...the CFTC will become the main regulator of the crypto industry, which, by the way, makes a lot of sense.” – Scott [20:45]
• On Institutional Involvement:
  • “I think the positive outcome happens first and then we’ll see what the fallout is.” – Andrew [22:30]
• On Performance:
  • “Over a 10 year period, we’re now talking about an asset that meaningfully outperforms just about everything.” – Andrew [26:45]
• On Trading Psychology:
  • “I now get emotional about when I miss the bottom of buying a dip. Literally the opposite. I cheer for the dip and then I’m like, ‘close lower, don’t bounce until the candle’s over.’” – Scott [35:04]
• On Banter and Gen X Humor:
  • “That’s how real friends communicate. Bring it back...that’s how people from the ‘80s show love.” – Scott [41:33]

Noteworthy Timestamps

• [02:26-05:47] SoFi CEO explains bank’s crypto rollout
• [13:10] McRib + adoption joke and clarifying title clickbait
• [18:00-20:00] ETF staking news dissected
• [20:45-22:45] Senate bill, future of crypto regulation, Andrew’s warning
• [24:49-27:27] Institutional allocation stats and institutional FOMO
• [32:23-35:04] Deep dive on trade psychology and best practices for DCA
• [41:32-42:44] Gen X friendship culture and playful banter

Conclusion

Scott and Andrew send a clear message: The floodgates for institutional and mainstream crypto adoption are wide open. Banks and ETF products are scrambling to catch up to customer demand, regulatory momentum is (finally) positive, and the early 2026 landscape looks ripe with opportunity—and, as always, plenty of potential for drama. The tone is optimistic, irreverent, and grounded in both hard data and real-world experience.

Missed the episode?
This summary gives you the key inflection points, insightful banter, and inside-baseball observations you’d get from listening—minus the clickbait, technical issues, and inside jokes (well, most of them).