Inflection Point

On the Margin: The Great BTC ETF Debate: Bearish or Bullish?


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In this episode, Jim Bianco and James Seyffart join Felix at Permissionless to discuss who has been buying the BTC ETFs, whether ETFs are consistent with crypto ideals, and why the BTC ETFs were more successful than the ETH ETFs. We also delve into the difference between buying to hold and arbitrage, BTC ETF options, and much more. Enjoy!

Follow Jim Bianco: https://x.com/biancoresearch

Follow James Seyffart: https://x.com/JSeyff

Follow Felix: https://x.com/fejau_inc

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MANTRA is a purpose-built RWA Layer 1 blockchain capable of adherence and enforcement of real world regulatory requirements. As a permissionless chain, MANTRA empowers developers and institutions to seamlessly participate in the evolving RWA tokenization space by offering advanced tech modules, compliance mechanisms, and cross-chain interoperability.

Learn more: https://www.mantrachain.io/

Timestamps:

(00:00) Introduction

(00:49) Have Bitcoin ETFs Been A Success?

(02:27) Who is Buying Bitcoin ETFs?

(06:58) Are ETFs Consistent with Crypto Ideals?

(11:13) Basis Trade vs Holding

(15:46) Advertisements

(17:21) ETH ETFs vs BTC ETFs

(22:08) Bitcoin ETF Options

(26:59) Crypto Ideals at Risk?


Disclaimer: Nothing discussed on On The Margin should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

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Inflection PointBy Blockworks

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