Sean Farrell is Head of Digital Asset Strategy at Fundstrat.
Equities are at all-time highs. Crypto has lagged all year. And a lot of crypto investors are frustrated.
In this episode, Sean explains exactly why that divergence happened but also why he believes the worst headwinds are now behind us and we're much closer to a bull market than we were at the start of 2026. He covers what data he watches day to day and which DeFi sectors are best positioned to accrue value in the next uptrend, plus the macro case for why Bitcoin and ETH belong in every modern portfolio.
Bear markets are when the most money is made. Start to lock in!
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💎 THIS EPISODE'S SPONSORS
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🐡 PUFFER INSTITUTIONAL | ETH staking solutions for scale
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⏱️ TIMESTAMPS
0:00 - Intro
3:03 - Sean’s role as Head of Digital Asset Strategy at Fundstrat
6:31 - When did DeFi become legit tech for Fundstrat?
12:47 - How Sean and Tom Lee marry differing market views
20:04 - Why market conditions for crypto have vastly improved
26:28 - Is this the market bottom?
28:47 - Price recovery will precede an expansion in crypto-native credit
31:35 - Can DeFi app-layer tokens be winners in the next uptrend?
36:35 - Which DeFi sectors are best positioned to accrue value?
43:48 - TradFi and fintechs are integrating DeFi into their business
46:16 - Is sentiment bullish for crypto on Wall Street?
52:47 - Chance for CLARITY to pass + possible political headwinds
57:34 - The macro case for ETH and BTC in every portfolio
1:03:00 - From niche alternative markets to trillions onchain
1:05:23 - Closing
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🔗 GUEST LINKS
► Fundstrat Direct: https://fundstratdirect.com/
► Fundstrat Direct on X: https://x.com/fundstratdirect
► Sean Farrell on X: https://x.com/SeanMFarrell
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DISCLAIMER: Nothing said on The Edge Podcast is a recommendation to buy or sell tokens or securities. This content is for educational and entertainment purposes only. Nothing shared here is financial advice. Any views expressed by hosts or guests on the show are solely their opinions. Always do your own research. DeFi Dad, Nomatic, and guests may have positions in the assets or other matters discussed in this podcast.
