
#1212 Eric Balchunas & James Seyffart On BlackRock Going ALL-IN On Bitcoin
The Pomp Podcast
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Cryptocurrency ETFs: What to Expect
The whole crypto exchange world should fear this because the CTF will trade a one basis point a day or you could trade it for one basis point. The expense ratio, in my opinion, if I had to guess BlackRock would probably price this at 65, that's my guess. Over time, over the first year of these on the market, I say they get down to under 30. It's going to produce a lot of cost pressure on the crypto exchanges and it will steal some business.
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