Crypto

• How Coinbase ($COIN) came to be central to the cryptocurrency market. (ft.com)
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• Coinbase is likely the first of many public crypto exchanges. (cnbc.com)
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Finance

• Instacart and DoorDash ($DASH) want to get into the credit card business. (wsj.com)
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• SPACs are having to pay up for D&O insurance. (sportico.com)
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Funds

• Sometimes you have to dive deep to understand what is in an index. (morningstar.com)
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• Getting a new fund management operation off the ground is insanely difficult. (neckar.substack.com)
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Economy

• Weekly initial unemployment claims are not really coming down. (calculatedriskblog.com)
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Earlier on Abnormal Returns

• Longform links: the NFT party. (abnormalreturns.com)
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• What you missed in our Wednesday linkfest. (abnormalreturns.com)
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• Personal finance links: getting older. (abnormalreturns.com)
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• Are you a financial adviser looking for some out-of-the-box thinking? Then check out our weekly e-mail newsletter. (newsletter.abnormalreturns.com)
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Mixed media

• The number of active podcasts is a lot smaller than you think. (amplifimedia.com)
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• Did you know there is a black market in Lego sets? (cbc.ca)
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