

$150 Billion Later: The Truth About Bitcoin ETFs and Who’s Buying
11 snips Aug 15, 2025
James Seyffart, an ETF analyst from Bloomberg Intelligence, dives deep into Bitcoin ETFs and their monumental success. He discusses how traditional finance grapples with Bitcoin's legitimacy, spotlighting BlackRock's influential role. Seyffart also touches on the protective nature of Bitcoin against inflation, comparing it to gold, and the evolving outlook of institutional investors. The conversation highlights the importance of secure asset management and the future integration of digital assets in investment strategies, making it a must-listen for crypto enthusiasts.
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Bloomberg's Early ETF Conviction
- Bloomberg's ETF research team anticipated Bitcoin's ETF approval and tracked demand early on.
- James Seyffart became a specialist by linking asset-management expertise to crypto dynamics.
From Mining Mishap To Orange-Pilled
- James mined Bitcoin briefly in 2011 and lost data when his laptop struggled.
- He later got 'orange-pilled' after meeting Ark's Kathy Wood and researching Bitcoin in 2016.
ETFs Outpaced Expectations
- The January 2024 spot Bitcoin ETF launches massively exceeded bullish expectations.
- The ETFs combined price appreciation and $54B net flows to create over $130B in AUM quickly.