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!
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(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?
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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.