MARKETS DAILY: Crypto Update | Jim Bianco Isn't Sold on the ETF Narrative. Here's Why
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 21 February 2024
⏱️ 15 minutes
🧾️ Download transcript
Summary
The latest price moves and insights with CoinDesk Markets Reporter Helene Braun and guest Jim Bianco, president and macro strategist at Bianco Research.
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On "Markets Daily," CoinDesk Markets Reporter Helene Braun speaks with Jim Bianco, president and macro strategist at Bianco Research about his contrarian take on the promise of spot bitcoin ETFs.
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This episode was hosted by Helene Braun. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl, alongside Senior Booking Producer Melissa Montañez. All original music by Doc Blust and Colin Mealey.
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Transcript
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| 1:19.3 | Music supply selected lines only it's Wednesday February 21st 2024 and this is Markets daily from coin desk I'm your host Helene Braun filling in for Jennifer Sanassi let's dive into those |
| 1:24.4 | prices according to coinness indices at 8 a.m. Let's dive into those prices. |
| 1:39.3 | According to Coinness indices at 8 a.m. Eastern time, Bitcoin was trading down around 1.5% over the past 24 hours at $51,300. Bitcoin tested the 53K level Tuesday, reaching just a few dollars shy of 53,000 before experiencing |
| 1:46.5 | heavy resistance. |
| 1:48.3 | Ether fell 0.3% over the same time period, sitting at $2,920. |
| 1:54.8 | The CoinDess 20 was fully in the red, down from yesterday's rally. |
| 1:59.0 | And for a quick check-in on spot Bitcoin ETFs, trading volumes of |
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