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Odd Lots

Inside the Multi-Year Quest to Create a Bitcoin ETF

Odd Lots

Bloomberg

Business, News, News Commentary, Investing, Business News

4.52K Ratings

🗓️ 14 May 2018

⏱️ 33 minutes

🧾️ Download transcript

Summary

When Bitcoin first began generating headlines, there were some who thought the cryptocurrency was a fraud and others who thought it was the next big thing. Greg King, CEO of Rex Shares LLC, was one of the latter. Like the Winklevoss twins, he set out to create an exchange-traded fund (ETF) that would allow people to invest in Bitcoin in a new way. But many years later, the U.S. securities watchdog hasn't approved such plans. On this edition of the Odd Lots podcast, we use the Bitcoin example and King's experience to explain the inner workings of ETFs. 

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Transcript

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0:00.0

Thought Creators, the Podcast for Financial Experts, brought to you by FAB.

0:08.0

My guest today is Sarah Piersada Osmani, head of Sustainable Asset and Project Finance at

0:13.4

FAB.

0:14.4

FAB has committed to lend, arrange and facilitate up to US dollar 75 billion of

0:20.2

sustainable finance by 2030.

0:23.0

Plot Creators.

0:25.0

The Podcast for Financial Experts brought to you by FAB.

0:29.0

When you get your news from Bloomberg, you don't just get the story.

0:34.6

You get the story behind the story.

0:36.9

How your Evie's battery may not be as green as it seems.

0:40.5

Why a decrease in global birth rates could send countries scrambling to increase immigration.

0:46.2

You get context.

0:47.2

And context changes how you see things, how you change things, because context changes everything.

0:54.0

Go to Bloomberg.com to get context. Hello and I'm

1:09.0

welcome to another edition of the Odd Lots podcast.

1:12.0

I'm Tracy Allaway. And I'm Joe Wisenthaw.

1:16.4

So Joe, they say the best way to learn about something is to actually do it, right? The best way to understand something is to try to do it yourself.

1:25.0

I have heard people say that and I think that's definitely true.

1:29.0

In my experience, you only get so much from reading about something or talking about something and then you try to do it and you learn a ton. But why? Why do you bring this up?

1:39.0

Well, sometimes I think in finance and markets we talk about complicated or sort of abstract

1:45.2

topics and the best way for people to learn about them would be if we went out and

1:50.2

tried our hands at them ourselves but but given its finance and markets, that's difficult and or in some cases

...

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