Anchorage's McCauley Talks the 'Breakthrough' of Bitcoin ETFs, Crypto Custody and Respect for Regulators

Also, GAO does a deep dive on SEC's oversight of digital assets

Friday Q and A: Crypto started the year on a high note when the SEC finally approved Bitcoin ETFs. Investors have poured money into the funds, run mostly by big, well-known asset managers. So maybe all the hype was justified.

But in the policy arena, digital assets are still very much stuck in place. Legislation in Congress is going nowhere fast. And at …