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.
Full transcript
Jackson Mikalic (00:02.037)
Welcome back to the last trade. We're back to our standard programming this week. Last week, James, we had only three of us, Michael, Brian, myself. This week we're joined by James Safert from Bloomberg. James, we just had your colleague on, Eric Balchunas. Just a few weeks ago we had a fun one with Eric and I'm excited for this one as well because I know you guys work very closely together and so think we'll be able to go deeper on some of the topics we discussed with Eric and then also get your perspectives on.
A lot of things that are going on in the market, we have the deadline tomorrow for the 13F filings for the second quarter. So we'll be talking quite a bit about what we're seeing in terms of flows and appetite, you know, from the retail side, the institutional side, US global, et cetera. But James, thank you for joining us today. How are you doing?
James Seyffart | @Jseyff (00:45.458)
Yeah, happy to be here. I'm doing pretty well. There's a lot happening across the entire crypto ecosystem. There's a lot happening internally at Bloomberg actually too, but yeah, ready to dive in. mean, things are looking pretty optimistic as far as anyone with some sort of crypto allocation at the moment.
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.