MARKETS DAILY: Crypto Update | Bitcoin Would Be $20K If Not for the ETFs: Analyst
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 12 August 2024
⏱️ 23 minutes
🧾️ Download transcript
Summary
The latest price moves and insights with Jennifer Sanasie and Bloomberg Intelligence Senior ETF Analyst Eric Balchunas.
To get the show every day, follow the podcast here.
Bloomberg Intelligence Senior ETF Analyst Eric Balchunas joins CoinDesk to discuss the spot bitcoin ETFs' impact on the leading cryptocurrency and his outlook on ether ETF products in the U.S.
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This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.
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This episode was hosted by Jennifer Sanasie. “Markets Daily” is produced by Jennifer Sanasie and Melissa Montañez, and edited by Victor Chen. All original music by Doc Blust and Colin Mealey.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Transcript
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| 0:43.9 | Wondery UK. That's audible.com slash Wondery UK. I think if you take the ETFs out of the picture, |
| 0:52.3 | the price of Bitcoin is like 20 grand, Because it was 30 when they, when Black Rock filed, they started to go up because, oh, Black Rock's coming in. Then they launched. There was little cell of the news, but it hung tough. Now it went up a lot because of the flows. You take all, you unwind all that. You're at 30K. but you still have Mount Gox and somebody's in Germany. |
| 1:13.3 | And who's there to buy it? |
| 1:15.8 | It's Monday, August 12th. |
| 1:17.2 | And this is Markets Daily hosted by me, Jen Sanasi. |
| 1:20.4 | On this show, we navigate the currents shaping the crypto markets, providing insights against the broader financial landscape. |
| 1:26.9 | So whether you're actively trading or simply fascinated by the volatility of |
| 1:30.7 | crypto markets, this show is your compass to understanding what's happened where we are and |
| 1:35.4 | where we're going. |
| 1:36.6 | Good morning, everyone. |
| 1:38.4 | I am excited to welcome back our next guest. |
| 1:41.7 | Joining the show now is senior ETF analyst at Bloomberg Intelligence. |
| 1:46.0 | Eric Valcunas. Eric, good morning. Good morning. Happy Monday. Now, the crypto markets have been a little more spicy than they have in, let's say, the last month or two. Talk to me about what you're |
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