Eric Balchunas of Bloomberg Intelligence explains why the spot Bitcoin ETFs have made TradFi move at the speed of crypto — and why he’s uncertain spot Ether ETFs will be approved. Listen to the episode on Apple Podcasts, Spotify, Fountain, Overcast, Podcast Addict, Pocket Casts, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.In this episode, Eric Balchunas, senior ETF Analyst at Bloomberg Intelligence, discussed the performance of Bitcoin ETFs since their launch two months ago. Balchunas noted that the ETFs' performance exceeded his expectations, with a faster and more intense "second wind" than anticipated. He attributed this to a combination of asset managers buying in, retail interest, and the "ETF effect" where the knowledge of incoming flows encourages non-ETF investors to buy. Balchunas also predicted that BlackRock's Bitcoin ETF would likely be the most successful of the nine new spot Bitcoin ETFs, while also doubting that any of the smaller issuers would bow out. He also discussed the potential for spot Ether ETFs, but was less optimistic about their success compared to Bitcoin ETFs.Learn more: Bitcoin ETFs Explained: What Are They & How Do They Work?Show highlights | Why the Bitcoin ETF performance in the first couple of weeks exceeded Eric's expectationsWhether Eric had ever seen the kind of hype around Bitcoin ETFs occur with other ETFsHow there has been a lot of retail interest in these past few weeksEric's insights into how Bitcoin reached all-time highs again this weekWhether a good portion of the ETF volumes is sustainable and what's driving those large volumesWhether it's safe to say that BlackRock is the winner among issuersWhether the smaller issuers in terms of volume and AUM will close their ETFsWhen options on Bitcoin ETFs will be approvedWhether in-kind redemptions will be allowed in the near future and the role of politics in thatWhether Grayscale will have to reduce its fees considering the huge outflows from GBTCWhy Eric believes that spot ether ETFs won't have as much demand as the bitcoin ETFs didReasons the SEC could use to reject spot ether ETFsWhether issuers will rebalance their portfolios at the end of quartersWhat Eric expects to see in terms of inflows by year’s end Thank you to our sponsors!  iTrustCapital  |  Polkadot  |  UniswapGuest | Eric Balchunas, Senior ETF analyst at Bloomberg IntelligencePrevious appearances on Unchained:Why Spot Bitcoin ETFs Are Likely to Finally Start Trading on ThursdayWill a Spot Bitcoin ETF Finally Get Approved?Links | Recent coverage on Unchained of Bitcoin’s surge: How the Bitcoins in Your ETF Get Sourced: The Real StoryShould You Sell Bitcoin Now That It’s Nearing Its All-Time High?Miners Appear to Sell $69 Million Worth of Decade-Old BitcoinBitcoin Hits New All-Time High Above $69,000, Presaging More Potential GainsPrevious coverage on the Unchained podcast of spot Bitcoin ETFs:Bitcoin’s Price Is Way Up. And $48 Trillion in Wealth Just Got AccessWhy Some Brokerage Firms Are Blocking Access to Spot Bitcoin ETFsWhy the SEC May Want Cash Creation of Spot Bitcoin ETFsWhy It Looks Like BlackRock Could Win America’s First Spot Bitcoin ETFThe 4 Factors That Will Determine Which Spot Bitcoin ETFs Win Market ShareHow Much Money Will Flow Into Bitcoin ETFs? Here’s One ProjectionEric’s tweet on $IBITsmashing $788m Ethereum spot ETF:BitMEX Blog: Ethereum ETFs & StakingEric’s tweet on ether ETFs Unchained: Why Spot Ether ETFs Likely Won’t Steal Bitcoin’s Thunder — Even if Staking Is IncludedSpot Ether ETFs Could Introduce New Concentration Risk in Ethereum: S&P Global-Unchained Podcast is Produced by Laura Shin Media, LLC.  Distributed by CoinDesk. Senior Producer is Michele Musso and Executive Producer is Jared Schwartz. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.