Grayscale CEO on Crypto’s Big Bitcoin Win, & Political Ads on ‘X’ 8/30/23

The crypto community celebrated a win this week after the U.S. Court of Appeals for the DC Circuit ruled that the SEC was wrong to deny crypto investment giant Grayscale permission to convert its popular bitcoin trust into an ETF. Grayscale CEO Michael Sonnenshein discusses the company’s win, and what it means for the broader crypto community. X has lifted Twitter’s 2019 ban on political ads, and Puck founding partner Teddy Schleifer discusses the social media platform’s influence on the 2024 presidential election. Plus, Apple has a new camera, and Tesla has an ‘Elon mode’ Autopilot configuration. Michael Sonnenshein - 13:25 Teddy Schleifer - 23:46 In this episode: Michael Sonnenshein, @Sonnenshein Teddy Schleifer, @teddyschleifer Robert Frank, @robtfrank Michael Santoli, @michaelsantoli Becky Quick, @BeckyQuick Cameron Costa, @CameronCostaNY

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Squawk Pod is a daily, guided curation of the top moments and takeaways from CNBC’s flagship morning show, “Squawk Box”, anchored by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Each day, the podcast includes news making interviews, perspective and analysis from iconic guest hosts, and slices of debate and discussion—from the heated to the hilarious— all wrapped with exclusive context and color from Senior Producer Katie Kramer.