Fed rate hike outlook and SEC transfer-agent rule changes

Lumida CEO Ram Ahluwalia argues that the Federal Reserve will likely hold rates steady rather than hike at its September meeting, suggesting AI currently offers more growth potential than crypto. Meanwhile, Fairmint CEO Joris Delanoue discusses the SEC's proposed overhaul of transfer-agent rules, which could enable blockchain-based records for securities ownership. The episode also covers recent ETF flow data, noting that bitcoin ETFs faced their worst week since July while ether ETFs saw net inflows.