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Wondery UK. That's audible.com slash Wondery UK. Do you think that we're going to see the same

price action we saw back in January when the US

ETFs were approved? Even though, sure, in Hong Kong, it's a much shorter time. But for the managers

to spend so much time and money on a new product, they see an upside. They see demand for the

product. And ETFs are very expensive to set up.

So unless the managers at least, at least, you know, took a semi-optimistic view as a basic minimum criteria, they wouldn't be doing the products.

So I would bet with the managers.

It's Tuesday, April 16th, 2024, and this is Markets Daily, a show where we get into the minds of some of the smartest, most experienced investors, traders, analysts, economists, professors, and anyone who has a hot or smart take a talk about what's going on in the crypto markets.

I'm Jen Sadassi. Before we get into our discussion today, let's take a look at what's going on in those markets. It is completely read across

the board. Both Bitcoin and Ether are down more than 5% this morning. Now, I was reading some

reporting this morning, an analyst Marcus Teelen, who has been on this show before.

And he's been pretty accurate with his predictions, predicting the downturn in November 2020 and the recent all-time highs.

He recently said that he is taking a bearish look ahead of the having because of persistent inflation.

...