Crypto Update | The Role of ETFs in Diversifying Portfolios

Eric Balchunas, a Bloomberg Intelligence Senior ETF Analyst,  underscores the rising popularity and influence of ETFs in investment markets. To get the show every day, follow the podcast here. Today on "Markets Daily," Jenn Sanasie speaks with Eric Balchunas, senior ETF analyst at Bloomberg Intelligence, to discuss the recent performance and trends in ETFs, particularly in the context of Bitcoin and Ethereum. He points out the success of Bitcoin ETFs, attracting large investments from a diverse range of institutional investors. Balchunas also expresses doubts about the approval of Ether ETFs due to the SEC's silence and potential election impact.  Chapters |  00:00 Introduction and Market Update 01:05 The Success of Bitcoin ETFs 08:46 Institutional Investors and 13Fs 14:24 The Uncertain Future of Ether ETFs LINKS |  CoinDesk 20  - Consensus 2024 is where experts convene to discuss ideas shaping our digital future. Join developers, investors, founders, brands, policymakers, and more in Austin, Texas from May 29-31. CoinDesk curates the tenth annual Consensus to feature the industry’s most sought-after speakers, unparalleled networking opportunities, and unforgettable experiences. Take 15% off registration with the code MD15.  Register now at consensus.coindesk.com. - This episode was hosted by Jenn Sanasie. “Markets Daily” is produced and edited by senior producer Michele Musso, and executive producer Jared Schwartz alongside Senior Booker, Melissa Montañez—all original music by Doc Blust and Colin Mealey.