Bankless cover image

Bankless

Live: Eric Balchunas on The $ETH ETF Launch

Jul 23, 2024
Financial analyst Eric Balchunas discusses the launch of the $ETH ETF, comparing it to Bitcoin ETFs and exploring the narratives of Ethereum as a tech platform. The impact of BlackRock's involvement in Ethereum ETFs is also discussed, along with reflections on the market impact of the $ETH ETF launch.
36:32

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • The ETH ETF launch was successful, outperforming expectations and showcasing stability in trading.
  • Inflows into ETH ETFs exceeded outflows, signaling positive retail engagement and potential for robust future inflows.

Deep dives

ETH ETF Trading Launch

The ETH ETFs from various companies like BlackRock, Fidelity, and Bitwise commenced trading. The first day wrapped up with solid performance, exceeding expectations with about 23% of the spot Bitcoin ETFs' performance. Despite concerns, the ETH ETFs showcased stability and successful trading without major issues, closing with a total volume just under 1.1 billion.

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