CFB Talks Digital Assets Episode 22: Lifting the lid on multibillion dollar crypto ETFs, with Bloomberg’s James Seyffart
With net inflows of more than $7 billion in just two months, spot Bitcoin ETFs are now the fastest growing funds of their kind in history. But despite surging demand, could this still be a case of 'you ain't seen nothing yet?'
With net inflows of more than $7 billion in just two months, spot Bitcoin ETFs are now the fastest growing funds of their kind in history.
But despite surging demand, could this still be a case of 'you ain't seen nothing yet?'
That's just one of the burning questions we were fortunate enough to ask ETF Analyst James Seyffart, CFA, CAIA, one half of the Bloomberg Intelligence ETF team.
With advisor and platform due diligence still taking place, and major asset allocators still moving the funds through multiple permission tiers – even after some approved their distribution – it could still be months before a clear picture emerges, says James.
Meanwhile, BlackRock's iShares Bitcoin Trust (IBIT) and other 'CFB Six' ETFs using our CME CF BRRNY index for NAV calculation, continue to break records, with IBIT AuM recently hitting $10 billion, the fastest ETF to achieve this milestone.
Listen in for more exclusive insights from one of the best-known experts in the space:
- Why "political expediency" could throw a spanner in the works for ETH ETFs
- Why ETH ETFs with staking are very unlikely, for now
- Why Grayscale's reasons for keeping GBTC fees way higher than rivals' actually make sense!
- How the BI ETF team come up with their famous approval probabilities
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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell any of the underlying instruments cited including but not limited to cryptoassets, financial instruments or any instruments that reference any index provided by CF Benchmarks Ltd. This communication is not intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. Please contact your financial adviser or professional before making an investment decision.