##  [# SBIL Controversy; SEC Delays Bitwise Crypto Launch](/sections/podcasts/sbil-controversy-sec-delays-bitwise-crypto-launch) 

 

# SBIL Controversy; SEC Delays Bitwise Crypto Launch

 

 

\- In this new episode of the ETF Pulse podcast, Kristin Myers and Nate Geraci discuss the latest innovation from Simplify that is causing controversy and another crypto launch delay from the SEC that is stirring confusion



 

 

 

 

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[By ETF Pulse Podcast](/authors/etf-pulse-podcast)

 Jul 30, 2025

 Edited by: David Tony

 

 

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In this new episode of ETF Pulse, etf.com Editor-in-Chief Kristin Myers and NovaDius Wealth Management President Nate Geraci discuss the recent controversy surrounding Simplify's use of the [**Simplify Government Money Market ETF (SBIL)**](/SBIL) as the cash management sleeve inside several of its other ETFs. Simplify says this use of the fund is a new innovative way to introduce efficiency while others claim it's a grab for more fees.

The two also discuss the [SEC's delay](https://www.etf.com/sections/news/sec-stays-bitwise-crypto-etf-launch-despite-approval) of the launch of a Bitwise cryptocurrency ETF, despite already gaining approval from the regulator.

Kristin and Nate later chat about so-called "Boomer candy" funds that have gained popularity: option-income ETFs and defined volatility funds.

LISTEN AND SUBSCRIBE ON: [YouTube](https://www.youtube.com/playlist?list=PLwQ95COKLO4HxAeT-A1kjMxt7ICkM6sp2) | [Apple Podcast](https://podcasts.apple.com/us/podcast/etf-pulse/id1794359225) | [Spotify](https://open.spotify.com/show/3xBO5HpVy8eZ3UnTVdapyW) | [Amazon Music](https://podcasters.amazon.com/podcasts/3c3a18a3-0692-444f-934f-99c1a19889a2)



 

 

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 [ ETF Pulse Podcast ](/authors/etf-pulse-podcast) 

 

 

  Kristin Myers and Nate Geraci sound off each week in ETF Pulse, etf.com’s newest podcast. Tune in each Wednesday as Kristin and Nate give analysis and…   [View Bio](/authors/etf-pulse-podcast)

 



 

 


 Related Topics  [ETF.com Videos](http://www.etf.com/topics/videos) 

 [Simplify](http://www.etf.com/topics/simplify)