3min chapter

Coin Stories with Natalie Brunell cover image

James Seyffart: Will a Bitcoin Spot ETF Be Approved and Send Bitcoin's Price Skyrocketing?

Coin Stories with Natalie Brunell

CHAPTER

What Is an ETF?

A spot Bitcoin ETF would be the most efficient way to value Bitcoins, says John Defterios. The idea is that you hand over your Bitcoin and get back a certain pro-rata amount of theETF shares. That process is called the redemption, the creation of redemption process. It's what my boss Eric Beltrunas likes to call it: "The flux capacitor from back to the future"

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode