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Eric Balchunus, Senior ETF Analyst at Bloomberg Intelligence and author of “The Bogle Effect”, discusses Bitcoin ETFs, and the trends in the ETF industry.
*This video was recorded on April 4, 2024
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*This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates.
0:00 – Intro
1:25 – Bitcoin price and ETFs
14:00 – Bitcoin ETF outflows
18:24 – Shorting Bitcoin ETFs
21:00 – Bitcoin price prediction
22:30 – Bitcoin vs Bitcoin ETFs
27:16 – ETH ETF
30:00 – Ultra low cost ETFs
31:28 – Criticisms of ETFs
39:11 – How to pick ETFs
41:20 – ETFs vs stocks
48:00 – The Bogle Effect
57:00 – Passive vs. Active investing
#bitcoin #investing #economy…(read more)
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Will Bitcoin ETFs push up the price even more? Comment below what you think will happen next and don't forget to subscribe!
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As a newbie about to invest, you must have these four things in mind
1. Have a long term mindset.
2. Be willing to take risk.
3. Be careful on money usage, if you're not spending to earn back, then stop spending.
4. Never claim to know – Ask questions and it's best you work with a financial advise like Rolando Diaz..
ETF'S CANT MAKE BTC DERIVATIVES?
Mad Max Vision own water filter seeds etc not BTC. LOOK UP "THE GREAT TAKING" BOOK AND ETF CUSTODIANS ARE NOT GOOD .
ETF's are cool but they have created a decline in liquidity of the said assets by allowing too much leverage. Leverage has single handed cause the problems we see today. They only flood less than 10% of the market today and as that grows to 20 – 30% in the next year is going to be a bigger problem down the road. Right now it's really hard to see how BTC is going to recover past 75K. It's been trapped in the 61K – 65K mark for a while now. All gains are thwarted or reversed very quickly. BTC will continue to fall if we don't stop ETF's from having too much leverage. It creates a false economy! The powers to be want BTC wiped out! It can't be allowed to co exist with the new digital and quantum financial systems. All other ALT and MEME coins will crash, because 80% of them are joined at the knees with BTC. I got out of the Stock Market cause that will be the first to fall, then BTC will follow soon after. The best way forward from here is to convert all of your cash and assets into Gold and Silver. It's inflation proof and can be introduced to any system that gets introduced after the fall. Good Luck everyone. I'm out for now!
For me etf's are playing "not to lose".
The quality of your interviews is top notch David – keep up the great work.
If BTC price shoots up, it will be the biggest contributor to global injustice n inequality as rich westerners own 90% of bitcoin.
Most of the poor people of the world are in gold ( accumulated over 10,000 years.) So if you want to uplift the masses, u should promote higher gold prices.
I m bullish on both – 70% gold n 30% BTC.
Bitcoin worshippers make me vomit because of irrational religious zeal.
It's time to forget about this crap… Bitcoin. Even if the course recovers a little, we will get thousands of our students out of this crap! This is not a market, but a pathetic semblance. Altcoins are also under the supervision of capitalists!
this guy has a huge mic and still he sounds worse than David with no mic visible
Bitcoin is a locker key..what's inside your locker is irrelevant.. locker key
Great show, thanks guys
Real Cry Babies: ETF issuers/Bankers "waah waah Bitcoin is making us irrelevant boo hoo waah..let's try to convince people it's too hard to right down 12 words..boo hoo waah…"
"There hasn't been a ton of other catalysts in the Bitcoin market." How about the halving?
Eric, where did you get the idea that you have to memorize your seed phrase? You don't need to memorize your seed whatsoever. A seed is just 12/24 words. You can write those words onto anything you want. You can even split them up. You can let your imagination go wild. Read a book instead of CCN.
I still don't get it. They call it a btc bullrun, but it seems like a bull bubble with snappy bytes of ludicrous value.
Say it does rise to 20T, or whatever. Will it hold that value? If so, based on what? Sentiment?
Web3 is a toddler. I don't see how the world could adapt to crypto in two weeks.
I'm open to any realistic reasoning, but all I see is the all-time king of ethereal overvalue.
If the governments came out and placed a fixed value on it, that'd be different.
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I wouldn’t mind Bitcoin going to zero if I didn’t have so much skin in the game.
I find the Bitcoin crowd so obnoxious that I could almost go down on the Titanic with a smile on my face.
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Veronica Hoy.
Don't forget: You can sell bitcoin on the weekend, but not the ETF.
Eric should be a recurring guest every 6mo's or so. It would be really great to have a routine check-in to ETF land from Eric.
The Spot ETFs are here now and are creating a buzz in the market, effecting a big change. w/ the 'halving' that has taken place, should one still get into bticoin diverting from traditional investing and DCA
Great listen, thank you
Wow this man just made me understand MEME coins. I hate them so very much because they take liquidity from actual projects that create value. When he said that there should be stuff that exists that is fun that you trade that is outside your 30 year port made me understand MEME's. I may wish we had a more mature eco system but I need to realize that people just want to have fun I guess.
David can you please upgrade your audio?
If you want to be a sovereign individual you own the Bitcoin….If you want to be played by the fiat system of central banks and governments buy the ETF.
"Bitcoin is the Cockroach of finance." Quote from this guy. Love it, lol.
it will rise, no doubt about that! This is the diamond bridge ober trouble river to the valley of financial freedom!
Everyone knows that! Everyone feels that way!
I think 150x+ can be achieved highly likely by Cyberopolis once presale ends
Cyberopolis presale is the best opportunity to go to the moon in 2024
Superb project Cyberopolis is.. NFTs, utility token, futuristic world…
I use to trade futures, and it is hard as a f… Now I only invest in presales and ICOs like Cyberopolis, and the profits are going through the roof
Mad Max….touche
Nobody wants to admit,… but this interview is a testament that value investing is dead.
Instead, this interview boils down to… as long as people have money to burn they'll dump it in etfs regardless of payout. Therefore all excess money in the economy from these white collar jobs will bid up the etfs and their underlying assets.