Bloomberg ETF analyst James Seyffart joins The Last Trade to examine the state of Bitcoin ETFs, which have surpassed $150 billion in assets under management. The conversation covers 13F filing data revealing the surprising mix of retail and institutional buyers, global ETF appetite from both US and international markets, and how traditional Wall Street firms are slowly warming to Bitcoin exposure. James and the hosts also discuss what healthy allocations to Bitcoin look like and why so many advisors still underestimate the asset class.