Video News/In Focus with Jeremy Szafron

Wendy O says the latest Bitcoin volatility may signal a major wealth transfer as institutions move in while retail capitulates. Speaking with Kitco News Anchor Jeremy Szafron, she pointed to the moment Bitcoin flushed to $83,000 on fears of a Bank of Japan rate hike while Vanguard, the $8 trillion asset manager that previously blocked crypto, opened its platform to Bitcoin ETFs. Trading surged with more than $1 billion of ETF volume within minutes of the US open, a move she believes reflects retail investors feeling “exhausted” in the current economic climate, creating an opening for institutional accumulation at lower levels. Wendy also examined BlackRock’s rapid push into “Tokenization,” referencing Larry Fink’s comparison of this moment to the internet in 1996 and arguing the infrastructure build-out is the real signal to watch. She highlighted the divergence between gold, holding near $4,167, and Bitcoin trading like a high beta risk asset, and outlined her “Made in USA” strategy for 2026 focused on assets most likely to win ETF approval and survive the next regulatory phase. Thanks to our sponsor, Swan Bitcoin for making this coverage possible.