Orion's The Weighing Machine

Simeon Hyman of ProShares - Diversifying with BITO and Bitcoin ETFs


Listen Later

In today’s episode, Rusty and Robyn talk with Simeon Hyman, Global Investment Strategist at ProShares.

From the initial idea of an ETF to product development to the roll-out, Simeon creates—and even customizes—a smooth product strategy to ensure every client and prospect understands the ETF's scope. Prior to creating successful ETFs with ProShares, Simeon held investment leadership roles at Bloomberg Wealth and UBS.

Simeon talks with Rusty and Robyn about all things Bitcoin Futures ETF, and the rationale behind its advantage over Bitcoin or other altcoins.

"Bitcoin’s a volatile thing. Nobody can tell you it’s not. And our ETF, BITO, delivered. That volatility in itself is a ‘feature’ from our perspective, not a bug. There are fewer and fewer things that don’t approach this kind of correlation, so finding something that behaves differently is a very valuable diversifier.” ~ Simeon Hyman


Main Takeaways 

  • Bitcoin is volatile, but it can be a great inflation hedge and diversifier. Through Bitcoin ETFs you can gain Bitcoin exposure while maintaining a well-performing portfolio over time.
  • The value of a digital asset will greatly differ depending on how a person uses it. For investors, they keep watch on how it will compete in their investment portfolio. For a typical cryptocurrency user, it's just another modicum of exchange.
  • BITO recognizes Bitcoin and other crypto volatility. With the advent of a regulated futures market, it's easy to appropriately place Bitcoin in your portfolio.
  • The cryptocurrency market is unregulated by nature, so there’s no safe and tactical approach on how to invest in Bitcoin and it would be difficult to speculate and diversify with altcoins.

  • Links

    • Simeon Hyman
    • ProShares
    • ProShares Bitcoin Strategy ETF (BITO)
    • Bitcoin
    • Triumph - Magic Power
    • Bloomberg Wealth
    • UBS
    • Lehman Brothers

    • Connect with our hosts

      • Rusty Vanneman
      • Robyn Murray

      • Subscribe and stay in touch

        • Apple Podcasts
        • Spotify
        • Google Podcasts

        • 2742-OPS-10/27/2021

          ...more
          View all episodesView all episodes
          Download on the App Store

          Orion's The Weighing MachineBy Orion Portfolio Solutions

          • 4.6
          • 4.6
          • 4.6
          • 4.6
          • 4.6

          4.6

          22 ratings


          More shows like Orion's The Weighing Machine

          View all
          Investing Insights by Morningstar

          Investing Insights

          495 Listeners

          Masters in Business by Bloomberg

          Masters in Business

          2,165 Listeners

          We Study Billionaires - The Investor’s Podcast Network by The Investor's Podcast Network

          We Study Billionaires - The Investor’s Podcast Network

          3,371 Listeners

          Odd Lots by Bloomberg

          Odd Lots

          1,828 Listeners

          The Meb Faber Show - Better Investing by The Idea Farm

          The Meb Faber Show - Better Investing

          927 Listeners

          Capital Ideas Podcast by Capital Group

          Capital Ideas Podcast

          273 Listeners

          Capital Allocators – Inside the Institutional Investment Industry by Ted Seides – Allocator and Asset Management Expert

          Capital Allocators – Inside the Institutional Investment Industry

          797 Listeners

          Animal Spirits Podcast by The Compound

          Animal Spirits Podcast

          2,001 Listeners

          Trillions by Bloomberg

          Trillions

          189 Listeners

          The Perfect RIA by Matthew Jarvis, CFP® & Micah Shilanski, CFP®

          The Perfect RIA

          454 Listeners

          The Rational Reminder Podcast by Benjamin Felix, Cameron Passmore, and Dan Bortolotti

          The Rational Reminder Podcast

          442 Listeners

          The Compound and Friends by The Compound

          The Compound and Friends

          2,071 Listeners

          The Long View by Morningstar

          The Long View

          878 Listeners

          Excess Returns by Excess Returns

          Excess Returns

          66 Listeners

          Bloomberg Talks by Bloomberg

          Bloomberg Talks

          18 Listeners