The Last Trade E030: Bitcoin ETFs and Shifting Macro Tides with Mark Connors
December 15, 2023
The Last Trade is a weekly market and macro show from Onramp Media, hosted by Marty Bent, Jesse Myers and Michael Tanguma with a rotating guest. This episode features Mark Connors on spot ETFs and macro trends. Onramp Media produces the series.
On this episode of The Last Trade, from Onramp Media, hosts Marty Bent, Jesse Myers and Michael Tanguma welcome guest Mark Connors. The conversation moves through mining and ESG debates, Connors' background, and his framing of bitcoin as digital gold and a monetary transition. The group also discusses spot ETFs, how multi-institution approaches address custodian concerns, and Connors' expectations for adoption and volatility. The Last Trade is editorial commentary from Onramp Media and is not investment advice.
Chapters
0:00 - Intro 1:56 - ESG and mining 9:51 - Mark’s background 15:41 - Recognizing digital gold 19:06 - Transition to new money 23:48 - Lifeboat view 28:34 - Bitcoin’s incoming hockey stick of adoption 33:23 - Curiosity is building 42:32 - Message from Onramp 42:57 - Multi-institution reduces custodian fears 51:41 - ETFs 1:09:39 - Connors On Market Positioning 1:18:54 - ETF in commodities basket 1:21:43 - Volatility Will Likely Continue 1:27:34 - Wrapping up
Frequently Asked Questions
Who is the guest on The Last Trade episode 30?
Mark Connors joins hosts Marty Bent, Jesse Myers and Michael Tanguma; he shares his background early in the episode (09:51).
What does the episode say about spot ETFs?
Connors and the hosts discuss spot ETFs (51:41) and the idea of an ETF within a commodities basket (1:18:54).
Does the episode discuss bitcoin as digital gold?
Connors frames bitcoin as digital gold and a transition to new money (15:41, 19:06). This is the guest's framing, not investment advice from Onramp.
What does the episode say about volatility?
Connors suggests volatility will likely continue (1:21:43). This reflects the guest's view and is not investment advice from Onramp.
This episode is editorial and educational content. Onramp does not provide tax, legal, or investment advice. Bitcoin is volatile and may lose value. Past performance does not guarantee future results.