In this episode with Eric Balchunas and James Seyffart we discuss:
- Spot Bitcoin ETF approvals by the SEC
- How with the Spot Bitcoin ETFs compete?
- Will one Spot Bitcoin ETF take majority of market share?
- How does the creation/redemption process work?
- Why did SEC want cash vs. in-kind redemptions?
- Is Spot Bitcoin ETF the same as owning Bitcoin?

Eric Balchunas is an analyst at Bloomberg Intelligence focused on exchange-traded funds, writes research for Bloomberg Terminal, and is one of the creators and hosts of the Bloomberg TV series "Bloomberg ETF IQ" and the podcast "Trillions." He's also the author of "The Institutional ETF Toolbox" & "The Bogle Effect.” Eric has a Bachelor's degree in journalism and environmental economics from Rutgers University.

James Seyffart is a research analyst within Bloomberg Intelligence (Bloomberg LP's Research Department), focusing on the broader asset management industry with specialized expertise in the coverage of ETFs, Mutual Funds, and Hedge Funds. And he has experience researching cryptocurrencies and digital assets. He has a Bachelor's degree in Finance and Accounting from The College Of New Jersey (TCNJ).

🐦 Follow Eric on X/Twitter at https://x.com/EricBalchunas
🐦 Follow James on X/Twitter at https://x.com/jseyff

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🗒️ IN THIS EPISODE:

00:00 Who is James Seyffart?
1:15 Who is Eric Balchunas?
2:01 Spot Bitcoin ETF compared to others
4:17 What is an ETF?
8:42 Bitdeer Technologies Group promo
9:45 ETFs vs. mutual funds
13:06 When will a Spot Bitcoin ETF be approved?
15:44 BlackRock's Spot Bitcoin ETF application
19:21 SEC Spot ETF approval process
23:20 Will there be a winner-take-all Spot Bitcoin ETF ?
26:24 Spot Bitcoin ETF fees
30:17 Bitcoin Nashville promo
30:44 Coinkite ColdCard Wallet promo
31:03 CrowdHealth promo
31:33 Creation redemption process
39:53 Why is SEC against in-kind redemptions?
41:36 APs - JP Morgan, Goldman Sachs
44:34 Seeding the ETFs
46:32 BlackRock buying more Bitcoin
50:50 Bitcoin's place in history

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DISCLAIMER Coin Stories is for entertainment purposes only and does not give financial advice. #bitcoin #cryptocurrency #money