In this video, filmed during a special Boston Blockchain Association (BBA) event at the US Federal Reserve Bank of Boston, BlockchainJournal.com editor-in-chief interviews Bitwise president Teddy Fusaro to learn more about the impact of the January 2024 US Securities and Exchange Commission (SEC) decision to approve of Bitcoin Exchange Traded Funds (ETFs). At the time of the publication of this interview (March 2024), Bitwise was one of only 11 different organizations offering Bitcoin ETFs as a financial product. According to Fusaro, Bitwise is an asset management company focused exclusively on cryptocurrency-based offerings.
The conversation delved into the concept of ETFs and their accessibility to both professional and retail investors who, as a result of the SEC's decision, no longer need a crypto wallet to invest in Bitcoin (nor do they need to work with a cryptocurrency exchange). Fusaro talks about the significance of that single structural change as well as ETFs as pooled investment vehicles traded on public exchanges such as NASDAQ and the New York Stock Exchange.
David asks Fusaro about other Bitcoin ETF issuers (Fidelity and iShares are mentioned) and what the differences are from one Bitcoin ETF to another. The two also discuss the possibility that an ETF for Ether (a.k.a. ETH), the protocol token for the Ethereum public blockchain, might be next in line for SEC approval.
To watch the video version of this podcast or read its full-text transcript, go to:
https://blockchainjournal.com/interview/bitwise-president-teddy-fusaro-discusses-dynamics-bitcoin-exchange-traded-funds-etfse
The video can also be watched on Blockchain Journal's YouTube Channel at:
https://www.youtube.com/watch?v=pS30cemroJo
For information about the Boston Blockchain Association, please visit them at:
Web: https://bostonblockchainassociation.com/
LinkedIn: https://www.linkedin.com/company/boston-blockchain-association
YouTube: https://www.youtube.com/@bostonblockchainassociatio5811