Why DAT Mania Is Dead And What Comes Next With Haseeb Qureshi

Retail is fading & institutions are taking over the digital asset markets.

The playbook that defined every past cycle no longer applies, and the next bull market will look nothing like the last one.

In this episode of Rollup TV, we sit down with Haseeb Qureshi, Managing Partner at Dragonfly, to break down how institutional capital is reshaping crypto, from ETF dynamics and stablecoin flows to prediction markets, onchain liquidity, and why the next wave will reward patience, not hype.

We cover:

- Why Retail Speculation Is Dying (and What’s Replacing It)
- The End of TGE Mania and “Fast Money” Plays
- ETF Approvals, NAV Compression, and the Institutional Flow Shift
- How AI & Real-World Assets Will Drive the Next Cycle
- Prediction Markets, Kalshi, and the Rise of Onchain Betting
- Why User-Generated Markets Still Don’t Work at Scale
- Gold, Bitcoin, and the Institutional Macro Regime

The Rollup