The Anti-Gravity Wheel More Explained

In the video under, Derek Muller of Veritasium, attempt to lift a 19kg (42 lbs) wheel over his top with only one hand while it's rotating at a few thousand RPM. This imitates an earlier experiment by Professor Eric Laithwaite. Eric Laithwaite claim that the wheel was 'light as a feather' and could not be explain by Newton's Laws. Or is it an Anti-Gravity Wheel