An overview of key news, from a new DeFi Index fund for accredited investors to bitcoin shrugging off growing Treasury yields.

This episode is sponsored by Nexo.io.

Today’s episode of "The Breakdown" analyzes a number of topics across the bitcoin and crypto industry, including:

• Bitcoin reclaims $50,000 and looks towards a $1 trillion market cap
• Treasury yields rise, hammering gold but so far having no impact on BTC
• Bitwise launches a new DeFi index fund for accredited and institutional investors
• Christie’s is auctioning off NFTs
• Coinbase is trading at a $77 billion valuation on the private markets 

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