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Barron's Streetwise

Does Bitcoin Belong in your 401k?

Barron's Streetwise

Barron's

Business

4.71.6K Ratings

🗓️ 6 May 2022

⏱️ 20 minutes

🧾️ Download transcript

Summary

The CEO of the largest crypto fund makes the case for a Bitcoin ETF. Plus, a VanEck Portfolio manager shares why he's putting crypto in his inflation-fighting fund. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

At Eon Next, we believe life's better when you know you can get your hands on discounts

0:05.5

across a range of home energy solutions, like boilers and solar panels, so you can treat

0:10.4

your home to a bit of future-proofing.

0:12.8

We think that makes energy a little bit better, and that's why we're always working towards

0:17.6

helping you get more out of your energy.

0:20.2

So visit eonnext.com today.

0:22.4

Discounts available to Eon Next customers in 30th of December 2023, Tizences, eligibility

0:27.2

criteria and geographical restrictions apply.

0:30.0

I don't think we're even close to peak institutional adoption.

0:35.7

There are such fantastic companies and businesses that are building the tools around trading

0:41.9

crypto, order management systems, indices, you know, the kinds of tools that investors

0:48.8

are used to seeing in other asset classes.

0:54.6

Welcome to the Baron Streetwise Podcast.

0:57.0

I'm Jackson Cantrell.

0:59.0

The voice you just heard is Michael Sonnenschein.

1:02.2

He's the CEO of grayscale investments, and it runs the largest bitcoin fund on Earth.

1:08.5

Over the past few years, hedge fund managers, big public companies, and now the nation's

1:13.0

largest 401k administrator have warmed to crypto.

1:17.7

But does bitcoin deserve a place in your retirement account?

1:21.8

In a moment, we'll hear from Michael and an asset researcher who says crypto has gone

1:26.4

from meme to mainstream, plus a fund manager explains why he allocates to gold and bitcoin.

1:39.2

Listening in is Streetwise's former producer, Meta.

...

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