4.8 • 1.9K Ratings
🗓️ 16 June 2023
⏱️ 34 minutes
🧾️ Download transcript
Eric Balchunas & James Seyffart are two ETF experts at Bloomberg. In this conversation, we break down BlackRock's announcement that they are filing for a publicly traded bitcoin trust, that essentially will give investors all of the benefits and exposure to a spot bitcoin ETF. Eric & James explain what the difference between this fund vs Grayscale's fund, potential market implications, how the regulatory environment could change, and predictions on if it will get approved & how much capital will flow into this fund if approved.
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Pomp writes a daily letter to over 235,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at https://pomp.substack.com/
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0:00.0 | What's up everyone? This is Anthony Pompliano. Many of you know me as Pomp. You're listening to the Pomp podcast, which is my effort to find the most interesting people in the world and sit with them for hours while I ask questions in an effort to learn. So it would mean the world to me if you would subscribe to the show on your favorite audio platform, watch episodes on YouTube, and tell your friends and family about the podcast. |
0:24.1 | My goal is to help millions learn from the world's most interesting people. |
0:28.0 | So let's get in to today's episode. |
0:30.5 | Eric Balchunis and James Seafart is the two ETF experts over at Bloomberg. |
0:36.4 | Anytime anything happens with ETFs, I get them on this podcast. |
0:40.3 | And so today is no different. |
0:42.0 | BlackRock announcing that they are filing for a publicly traded Bitcoin trust |
0:46.0 | that essentially will give investors all of the benefits and exposures to a spot Bitcoin |
0:50.8 | ETF that they have long been hoping for. |
0:54.0 | Eric and James sit down and explain, |
0:55.9 | what is the difference between this fund and Gray Scales Fund? What are the potential market |
0:59.9 | implications? How is the regulatory environment possibly going to change? And then at the end, |
1:04.7 | we all make predictions. Will it get approved or will it not? And how much capital will flow into |
1:08.6 | this fund if approved in the first 24 hours. |
1:11.2 | I always enjoy talking to these two and today is no different. |
1:14.4 | So here's my conversation with Eric and James. |
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