Podcast: The Future of Digital Asset Investing

Rayne Steinberg, co-founder of WisdomTree with $75 billion of assets under management.

article-image
share

In the tenth and final episode of Blockworks’ “Generational Arbitrage,” host Tyler Neville speaks with Rayne Steinberg, co-founder of WisdomTree with $75 billion of assets under management.

After leaving WisdomTree in 2011, Rayne went on to co-found Arca in 2018. In three years Arca managed to grow to $400 million in digital assets under management. On this episode, Rayne shares the similarities between the digital asset ecosystem and the early ETF industry, generating alpha in this new asset class, active vs. passive, the problems with ESG investing and the generational divide in society.

They also discuss:

  • Arca’s Treasury Fund
  • Arca’s actively managed fund
  • Institutional Interest
  • The Future of Arca
  • Scaling Arca in the digital age

Check out what they had to say in the video below. 👇

The social fabric of contemporary American life is tearing itself apart. On “Generational Arbitrage,” Tyler Neville, the former author of Blockworks’ smash hit Daily Newsletter, dug into the institutions whose promises are left unfulfilled.

While the show run has ended, you can still listen to all 10 episodes in the Blockworks archives on Apple or Spotify or watch episodes on YouTube.

Tags

Decoding crypto and the markets. Daily, with Byron Gilliam.

Upcoming Events

Marina Bay Sands Singapore

October 7, 2026

DAS Asia is a a single-day summit at Marina Bay Sands Singapore featuring conversations between the builders, investors, and global leaders are shaping the trajectory of the digital asset ecosystem in Asia & North America.

Hilton Park Lane, London

November 10-11, 2026

DAS London is a two-day summit at the Hilton Park Lane in London featuring conversations between the builders, allocators, and policy makers who are shaping the trajectory of the digital asset ecosystem in the UK, Europe, and North America.

recent research

Onchain Gacha Cover Image.png

Research

Onchain gacha platforms sold $284.3 million of digital card packs in July 2026, and Collector Crypt accounted for more than half of that activity. However, it buys back 92.9% of what it sells, which leaves it with a third of the category's revenue on more than half of its volume, and a quarter of its activity arrives through partner apps whose users it does not own. Courtyard runs the opposite model, a consumer app selling smaller packs to thousands of retail buyers who resell the cards to each other, and it took 59.7% of category revenue while growing through a month the category spent contracting. This report compares the five largest platforms on gross activity, buyback intensity, revenue after buybacks, consumer composition, marketplace liquidity, and distribution ownership, and finds Courtyard the strongest performer as of July 2026, with the qualification that none of the five discloses inventory costs or resale proceeds, so no platform in the category can yet be shown to be profitable.

Newsletter

The Breakdown

Decoding crypto and the markets. Daily, with Byron Gilliam.

Blockworks Research

Unlock crypto's most powerful research platform.

Our research packs a punch and gives you actionable takeaways for each topic.

SubscribeGet in touch

Blockworks Inc.

133 W 19th St., New York, NY 10011

Blockworks Network

PodcastsNewslettersEventsRoundtablesAnalytics