This chapter explores the fees and profitability of Bitcoin ETFs, emphasizing their simplicity and regulated custodians. It discusses the potential market size and target audience of these products, highlighting their potential impact on investment portfolios. The chapter also touches on the utility of Bitcoin as a store of value and alternative settlement rail, as well as the importance of regulated ETFs in pushing Bitcoin forward.
Bloomberg Intelligence Senior ETF Analyst Eric Balchunas and Bloomberg News Cross Asset Reporter Emily Graffeo discuss the Bitcoin market after the SEC approved spot ETFs. Bloomberg News International Economics & Policy Correspondent Michael McKee and Yelena Shulyatyeva, Senior US Economist at BNP Paribas break down US CPI data and Fed policy. Joshua Horwitz, Co-Director of the Center for Gun Violence Solutions at the Johns Hopkins Bloomberg School of Public Health, talks about the school's Defending Democracy report about the increased threat of an armed insurrection. Matt Hougan, CIO at Bitwise Asset Management, talks about investing in Bitcoin spot ETFs. And we Drive to the Close with Sameer Samana, Senior Global Market Strategist at Wells Fargo Investment Institute.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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