Jul 10, 2026 2:01 PM
GlobalStake founder Richard Short breaks down crypto yield with Roundtable's Jackson Hinkle: where BlackRock's covered-call "yield" comes from, how staking ETFs really work, fees, self-custody vs ETFs, and how to choose - plus why adoption doesn't guarantee token prices.
0:00 — Intro: Richard Short & GlobalStake
2:29 — The yield question: where does BlackRock's "yield" actually come from?
4:09 — Why BlackRock and big institutions validate crypto yield
8:15 — The bear market & the four-year cycle
9:03 — Covered-call ETFs vs. staking ETFs: two very different products
9:50 — What staking really is & how GlobalStake fits
16:04 — Will staking ETFs last, or will everyone self-custody?
20:59 — Choosing between a Bitcoin income ETF and an ETH staking ETF
24:26 — Where the yield comes from, market direction & the telecom analogy
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