On today's episode Eric Balchunas & Jim Bianco join the show for a debate on the Bitcoin ETF impact. We discuss who is actually buying ETFs, whether Bitcoin ETF investors are passive flows vs hot money & does the ETF represent failure from the original promise of Bitcoin. To hear all this & more, you'll have to tune in!
--
This episode is brought to you by Aura, the AI-powered digital security protection app that keeps your personal information, passwords, online activity, and tech safe from digital threats. It’s all-in-one protection from identity theft, financial fraud, malware, scams, and more.
For a limited time, Aura is offering our listeners a 14-day FREE trial plus up to 55% off an Aura subscription. Visit https://aura.com/blockworks to sign up for your free trial.
--
MANTRA Chain is a Cosmos SDK-based L1 blockchain addressing regulatory compliance gaps in the Cosmos ecosystem. Positioned as the "blockchain for tokenized RWAs and regulated digital assets," MANTRA offers high-performance, scalable blockchain architecture, supporting both permissionless and regulated, compliant applications. Learn more: https://www.mantrachain.io/
--
Follow Eric: https://twitter.com/EricBalchunas
Follow Jim: https://twitter.com/biancoresearch
Follow On The Margin: https://twitter.com/OnTheMarginPod
Follow Mike: https://twitter.com/MikeIppolito_
Follow Blockworks: https://twitter.com/blockworks_
--
(00:00) Introduction
(01:30) Who Is Buying The Bitcoin ETF?
(16:03) Aura ad
(17:20) Mantra Ad
(18:26) Cash Redemption vs In-Kind Transfer
(28:38) The GBTC Outflows
(33:05) Passive Flows vs Hot Money
(43:01) Vanguard
(51:45) Why Do Younger Generations Buy Crypto?
(01:00:52) Does The ETF Represent Failure?
--
Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
