The U.S. Securities and Exchange Commission has all but made clear it will probably approve Bitcoin exchange-traded funds that hold Bitcoin futures, versus ones that hold the cryptocurrency itself. This has sparked a wave of new filings which, if approved, could hit the market by November. But how do they work, and how will investors respond to them?

On this week's Trillions, we get insight into this from two people who currently offer Bitcoin futures funds, Simeon Hyman of ProShares, who runs a Bitcoin futures mutual fund, and Steve Hawkins of Horizons, who runs a Bitcoin futures ETF in Canada. They discuss how the futures market works, how performance differs from Bitcoin, roll costs and what a wave of these hitting the market just might look like. 

The U.S. Securities and Exchange Commission has all but made clear it will probably approve Bitcoin exchange-traded funds that hold Bitcoin futures, versus ones that hold the cryptocurrency itself. This has sparked a wave of new filings which, if approved, could hit the market by November. But how do they work, and how will investors respond to them?On this week's Trillions, we get insight into this from two people who currently offer Bitcoin futures funds, Simeon Hyman of ProShares, who runs a Bitcoin futures mutual fund, and Steve Hawkins of Horizons, who runs a Bitcoin futures ETF in Canada. They discuss how the futures market works, how performance differs from Bitcoin, roll costs and what a wave of these hitting the market just might look like.

Money goes where it's treated best. That simple truth is a big reason why more and more money—trillions, in fact—flows into a powerful, low-cost tool that's quietly transformed investing in recent years. Exchange-traded funds, or ETFs, let you invest in everything from the stock market to gold like never before. This biweekly podcast will demystify them—and delight you in the process.

Joel Weber and Eric Balchunas demystify the world of exchange-traded funds, or ETFs.

Trillions

The Future of Bitcoin Futures ETFs

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/5f4438ef-0366-4e6c-8ae6-ae3c0024f2f8/transcript

The issuer of an exchange-traded fund has one main goal, and that’s to get assets—but being recognized is nice, too. Just like the Oscars, the ETF industry has its own awards show, held by ETF.com every April in New York City. Categories include ETF of the Year, Issuer of the Year, Best New Fixed Income ETF and even a Lifetime Achievement Award. Now that the tenth annual ETF awards ceremony is in the history books, we can tell you that—just like the Academy Awards—there were some notable winners as well as a few surprises. 

Om this episode, Joel and Eric look through a number of winners with ETF.com's editor-in-chief Kristin Myers and finance reporter Lucy Brewster. 

The issuer of an exchange-traded fund has one main goal, and that’s to get assets—but being recognized is nice, too. Just like the Oscars, the ETF industry has its own awards show, held by ETF.com every April in New York City. Categories include ETF of the Year, Issuer of the Year, Best New Fixed Income ETF and even a Lifetime Achievement Award. Now that the tenth annual ETF awards ceremony is in the history books, we can tell you that—just like the Academy Awards—there were some notable winners as well as a few surprises. 
Om this episode, Joel and Eric look through a number of winners with ETF.com's editor-in-chief Kristin Myers and finance reporter Lucy Brewster.

And the Winner Is...

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/0ba4ab9e-972a-4a68-a2bc-b15c014d91d4/transcript

The music industry took a huge revenue hit when the MP3 came out about twenty years ago but has since found ways to make money. And now there’s an ETF for that too. 

On this episode of Trillions, we speak with David Schulhof, founder and CEO of the MUSQ Global Music Industry ETF, about the stocks in the ETFs as well as the growth of the music industry which includes songs, platforms, concerts and the Taylor Swift economy. We also discuss his career in the music industry and whether music has gotten better or worse.

The music industry took a huge revenue hit when the MP3 came out about twenty years ago but has since found ways to make money. And now there’s an ETF for that too. 
On this episode of Trillions, we speak with David Schulhof, founder and CEO of the MUSQ Global Music Industry ETF, about the stocks in the ETFs as well as the growth of the music industry which includes songs, platforms, concerts and the Taylor Swift economy. We also discuss his career in the music industry and whether music has gotten better or worse.

This ETF Will Be Music to Your Ears

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c6ace1bf-667b-4182-a085-b14e013ab11b/transcript

After 17 years, the Bank of Japan finally scrapped the world’s last negative interest policy. The central bank also announced it will cease buying exchange-traded funds, an effort originally intended to revitalize the corporate sector and pump cash into the economy. So what becomes of its $475 billion ETF hoard? That’s to be determined, but just as Japan is changing course, China’s so-called “national team” has begun purchasing a handful of key Chinese ETFs.

On this episode, Eric and Joel are joined by Bloomberg Intelligence’s Rebecca Sin, a Hong Kong-based ETF analyst and host of the forthcoming podcast Tiger Money. They discuss what might come next for Japan, why China is following a similar playbook and what it all means for investors and the global economy. 

After 17 years, the Bank of Japan finally scrapped the world’s last negative interest policy. The central bank also announced it will cease buying exchange-traded funds, an effort originally intended to revitalize the corporate sector and pump cash into the economy. So what becomes of its $475 billion ETF hoard? That’s to be determined, but just as Japan is changing course, China’s so-called “national team” has begun purchasing a handful of key Chinese ETFs.
On this episode, Eric and Joel are joined by Bloomberg Intelligence’s Rebecca Sin, a Hong Kong-based ETF analyst and host of the forthcoming podcast Tiger Money. They discuss what might come next for Japan, why China is following a similar playbook and what it all means for investors and the global economy.

Why Central Banks Love ETFs

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/63164766-e2bd-404c-9e9c-b1400129360c/transcript

The Future of Bitcoin Futures ETFs

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