When Ethereum ETF? | Matt Hougan & Ryan Rasmussen of Bitwise
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 1 April 2024
⏱️ 70 minutes
🧾️ Download transcript
Summary
The Bitcoin ETF was a huge win for Crypto. What’s next? Will an Ethereum ETF be approved?
We brought Matt Hougan & Ryan Rasmussen of Bitwise to explore exactly that.
We go through what made the BTC ETF so successful, what we need to replicate the process for Ethereum and what comes after the ETH ETF.
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TIMESTAMPS
0:00 Intro
6:50 Bitcoin ETFs So Far
10:40 BTC ETF 2nd Acceleration
22:56 Crypto Default Allocation
26:31 Who’s Buying the BTC ETF?
28:59 Bitcoin vs Gold
36:46 When ETH ETF?
46:39 Forces at Play
53:25 ETH ETF Derivatives
58:38 ETH ETF Price Impact
1:02:10 ETH Narratives
1:08:31 What’s Next
1:12:02 Closing Thoughts
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RESOURCES
Matt Hougan
https://twitter.com/Matt_Hougan
Ryan Rasmussen
https://twitter.com/RasterlyRock
Bitwise
https://bitwiseinvestments.com/
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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
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Transcript
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| 0:00.0 | My view is that ultimately we will get an Ethereum EDF. |
| 0:05.0 | The core logic on which the Bitcoin EDF approval rests, |
| 0:08.8 | which is that futures and spot track each other very well and are tightly correlated. |
| 0:14.7 | So I think we'll eventually get it. |
| 0:16.3 | I would guess I'm over 50% explore the frontier of Internet money and Internet finance. |
| 0:30.6 | And today we're exploring the frontier of EDFs, specifically the |
| 0:34.8 | Bitcoin EDF and the Ethereum EDF. We have Matt Hogan and Ryan Rasmussen from |
| 0:38.8 | Bitwise to help us out with that. A few things we talk about today. Number |
| 0:41.8 | one, the Bitcoin E. T.F. Was it a success? How successful |
| 0:45.6 | was it in the grand scheme of things? And why Matt and Ryan still think there's a lot of |
| 0:49.1 | juice to squeeze out of the Bitcoin E. T. F. Number two, Flippening Gold? Not only is the Bitcoin E. T Number two, flipping and gold, not only is the Bitcoin EDF |
| 0:54.6 | flipping gold in line of sight, maybe we go far beyond that, potentially three acts |
| 0:58.8 | or more beyond that. Number three, the Etheorem EDF. Is it coming this year? |
| 1:02.8 | What are there honest predictions? |
| 1:04.8 | This is by far the best analysis I've heard yet. |
| 1:07.4 | And number four, what's next for the institutions |
| 1:09.3 | after the Ethereum ETF, after the Bitcoin ETF, |
| 1:12.2 | where do we go from there? |
| 1:14.0 | There's so much to unpack in this episode, |
| 1:15.6 | especially with the conversation |
| 1:16.7 | around the Ethelm EDF, which has been going around |
| 1:19.1 | in the crypto Twitter verse. |
... |
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