With the crypto market bracing for potential changes, Roundtable anchor Rob Nelson sat down with Kelly Kellam, Director at BitLab Academy, to discuss the implications of asset redistribution and evolving corporate interest in bitcoin.

Their conversation centered around the upcoming distribution of $16 billion in assets to FTX investors and its potential ripple effect on the crypto landscape, alongside new regulations that could make crypto assets more attractive for major corporations.

"There's always going to be this mistrust, this fear," Nelson observed, highlighting the pervasive sense of uncertainty in the crypto world, which has been exacerbated by past events like the FTX collapse.

Kellam elaborated, explaining that roughly $16 billion will soon be redistributed to FTX investors, most of whom are likely to reinvest in crypto. "I would venture to guess… more in the 80% range," he suggested, estimating that billions could reenter the market by December. He added, "Let's say 50%... that would be $8 billion coming into crypto in the first two weeks of December."

Kellam went on to discuss promising signs from major corporations, such as Microsoft’s recent proposal to allocate a portion of its $75 billion in cash to bitcoin. The company has advised against it in the upcoming shareholder vote.

He noted that upcoming fair value accounting rules will further facilitate crypto adoption by allowing companies to hold bitcoin without penalizing their balance sheets. "All that's going away," he stated, emphasizing the importance of this change in making bitcoin a more viable asset for institutional balance sheets.

Although optimistic about the future, Kellam advised caution, underscoring the importance of risk management in an unpredictable market. "This is the most anticipated bull breakout ever… but we do have some potential for a major washout," he cautioned, reminding investors to stay vigilant.