Welcome to The Bitcoin Layer, where we bring you research, analysis, and education for all things bitcoin and macro. In this episode, we are once again joined by Glassnode's lead on-chain analyst, Checkmate. He gives us a masterful overview of bitcoin markets heading into and post ETF approval, including a breakdown of the latest in futures and options market structure, what is happening on-chain with various cohorts of investors, and how to interpret all the data now available as bitcoin matures as an asset class.New YouTube videos M/W/F — New Substack posts T/R/SThe Bitcoin Layer is brought to you by River.Visit https://river.com and start buying today, or use http://River.com/TBL to get up to $100 when you signup and buy BitcoinSubscribe to TBL on Substack: https://TheBitcoinLayer.substack.comFollow TBL on Twitter: https://twitter.com/TheBitcoinLayerFollow TBL on LinkedIn: https://linkedin.com/company/TheBitco...Follow TBL on Instagram: https://instagram.com/TheBitcoinLayerFollow TBL on TikTok: https://www.tiktok.com/@thebitcoinlayerSubscribe to The Bitcoin Layer on your favorite podcast platform.Subscribe and turn on notifications for TBL on YouTube.Use code TBLYT10 for 10% off all The Bitcoin Layer Merch at http://TheBitcoinLayer.com/merchSign up for the free Monetary History course on @SaylorAcademy : http://sylr.org/MonetaryHistoryContribute to The Bitcoin Layer via Lightning Network: thebitcoinlayer@zbd.ggNik Bhatia's Twitter: https://twitter.com/timevalueofbtcResearch Associate Joe Consorti's Twitter: https://twitter.com/JoeConsortiCreative Director Matthew Ball's Twitter: https://twitter.com/matthewrballBlock Height 826433#TheBitcoinLayer #NikBhatia #Futures #Options #OptionsTrading #FuturesTrading #ETF #GBTC #BitcoinETF #BitcoinETFs #Onchain #Glassnode #Node #Nodes #BitcoinNode #Halving #BlockchainAnlaysis #Hodler #Holders #Network #BullMarket #Bull #Bear #BearMarket #Correction #Charts #Chart #Cycles #ATH #AVIV #Ratio #Deviation #Average #Cost #Accumulation #Supply #21million #Exchanges #Balance #WalletBalance #Divergence #Longterm #ShortTerm #Patterns #Trading #Gains #Loss #Issuance #SupplyStorage #RealizedPrice #Coins #ActiveInvestors #Freedom #FreeMarket #FreeMarkets #Markets #USTreasury #BalanceSheet #FED #Debt #Inflation #Statistic #Rates #Interest #Asset #Bitcoin #Dollar #Sats #BTC #Market #Currency #Crypto #Analysis #Investment #News #Finance #Education #Blockchain #Mining #BitcoinMining #Macro The Bitcoin Layer and its guests do not provide investment advice.Subscribe to The Bitcoin Layer on Soundwise