🧾 Let the Sats Flow

Happy Friday, In A Nutshell this week:

• 🧾 Let the Sats Flow

• 🇺🇸 In-Kind Bitcoin ETF Redemption

• 💷 Bank of England Rethinking Digital Pound Plans

• 📜 Unlocking Bitcoin as Everyday Money

• 💥 Why a Financial Advisor Turned to Bitcoin

• …and much more

If you enjoy the newsletter, pass it on to a friend, and you can earn free sats (see bottom of the email).

 🚀⏰ Today’s news should be a ~3.47-minute read (608 words).

🧠 Quote Of The Week

“To invent, you need a good imagination and a pile of junk.”

– Thomas Edison

🧾 Let the Sats Flow

Jack Dorsey’s Square has started rolling out native Bitcoin payments via the Lightning Network.

Sellers can now accept Bitcoin at checkout using a simple QR code, no third-party tools required. The feature is currently live with selected merchants and will expand more broadly in the coming months.

Square plans to expand this to 4 million sellers by 2026, making it one of the most ambitious Bitcoin payment pushes to date.

It’s a major step toward making Bitcoin a normal way to pay for real-world goods and services.

And in case you missed it: Block (Square’s parent company) just joined the S&P 500, giving passive exposure to Bitcoin to trillions in institutional capital.

🇺🇸 In-Kind Bitcoin ETF Redemption

Fidelity has submitted an amendment to the SEC seeking approval to allow in-kind redemptions and creations for its Spot Bitcoin ETF (FBTC), a move expected to streamline institutional flows and align Bitcoin ETFs with the operations of traditional commodity ETFs.

Current model: Institutions must convert Bitcoin into cash to create or redeem ETF shares. The proposed change would let authorised participants exchange ETF shares directly for Bitcoin

💷 Bank of England Rethinking Digital Pound Plans

The Bank of England is reportedly considering scrapping its digital pound (CBDC) project amid mounting political and public opposition.

Concerns range from surveillance risks to financial stability, especially as pushback against programmable money grows louder.

While no final decision has been made, it’s a sign that top-down digital currency efforts may be hitting a wall in democratic nations.

📜 Unlocking Bitcoin as Everyday Money

Block has published a policy guide aimed at helping lawmakers support Bitcoin as functional everyday money.

They call for three key changes from Congress:

1. Establish federal licensing clarity — defining Bitcoin separately from other tokens and streamlining oversight.

2. Protect non-custodial infrastructure — ensuring developers, node operators, miners, and wallet providers aren’t regulated like custodial intermediaries.

3. Simplify Bitcoin taxation — proposing a de minimis exemption for small-dollar BTC transactions (like buying coffee) to remove tax barriers for everyday use.

It’s a practical roadmap: policy that helps Bitcoin move from store-of-value to something you can actually use.

💥 Why a Financial Advisor Turned to Bitcoin

Dan Parkinson, founder of The Bitcoin IFA, shares an incredible journey from dismissing Bitcoin to building a business educating financial advisors about it.

He recounts living through hyperinflation in Lebanon, the collapse of the Lebanese lira, and how his experience reshaped his view of money.

Dan also discusses the challenges and opportunities for financial advisors in understanding Bitcoin, offering practical insights to bridge the gap between traditional finance and the Bitcoin future.

The episode is available here: YouTube, Apple Podcast, Spotify

🔥 What else have you missed?

1. Is Bitcoin a Bubble? (15 min video)

2. An Open Letter to the UK Government.

3. BPUK are attending the UK Labour Conference 2025.

4. Jacob Rees-Mogg mentions Bitcoin when describing money.

🍾 Friday Fun!

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