The Fed Held, BITA Launched, and STRC is Stressed

The Fed held rates. BlackRock's BITA income ETF went live. STRC is under duress. And the corporate Bitcoin balance sheet wave kept growing. On this Swan Signal Live, Brady breaks down what Warsh's decision actually signals, what BITA gives holders versus what it doesn't, and why the week's events sharpen the case for owning Bitcoin directly. Featuring perspectives from Lyn Alden, Stephan Livera, and John Haar on where the market stands now. We also look at competing bottom calls — Standard Chartered's $59K floor versus Bitwise's $48K max-pain scenario — and what the balance sheet wave tells us about where institutional conviction is actually landing.