Financial Commute

Bitcoin ETFs: What We Think You Should Know

January 16, 2024 Chris Galeski Season 1 Episode 68
Bitcoin ETFs: What We Think You Should Know
Financial Commute
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Financial Commute
Bitcoin ETFs: What We Think You Should Know
Jan 16, 2024 Season 1 Episode 68
Chris Galeski

On this week’s episode of THE FINANCIAL COMMUTE, host Chris Galeski invites Chief Investment Officer Meghan Pinchuk to discuss Bitcoin ETFs that have recently been approved by the SEC (Securities and Exchange Commission). 

They discuss Bitcoin’s similarities to gold, particularly its role as a potential store of value as opposed to fiat currencies, while also noting Bitcoin’s relatively short history and high volatility compared to gold’s long-standing stability. 

Meghan and Chris also consider the technological complexities associated with direct Bitcoin ownership, including private keys and the irreversible nature of losing them. Therefore, the emergence of Bitcoin ETFs is a significant development as they offer easier access to Bitcoin’s price movements through regulated, mainstream financial instruments. 

Although Morton is not currently investing in these ETFs, we are still watching these trends closely and speaking with managers to see which ETFs are most structurally sound and gaining adoption in the market.  

Disclosure: Information and references to specific investments presented herein are for educational purposes only, are not intended as an offer or solicitation with respect to the purchase of any security or asset class, and should not be relied on for investment recommendations. The views and opinions expressed by the speakers are as of the date of the recording and are subject to change. The investments discussed may fluctuate in price or value. All investments involve risk, including the loss of principal. Past results are no guarantee of future results. You should consult with your financial advisor to thoroughly review all information and consider all ramifications before implementing any transactions and/or strategies concerning your finances.


Show Notes

On this week’s episode of THE FINANCIAL COMMUTE, host Chris Galeski invites Chief Investment Officer Meghan Pinchuk to discuss Bitcoin ETFs that have recently been approved by the SEC (Securities and Exchange Commission). 

They discuss Bitcoin’s similarities to gold, particularly its role as a potential store of value as opposed to fiat currencies, while also noting Bitcoin’s relatively short history and high volatility compared to gold’s long-standing stability. 

Meghan and Chris also consider the technological complexities associated with direct Bitcoin ownership, including private keys and the irreversible nature of losing them. Therefore, the emergence of Bitcoin ETFs is a significant development as they offer easier access to Bitcoin’s price movements through regulated, mainstream financial instruments. 

Although Morton is not currently investing in these ETFs, we are still watching these trends closely and speaking with managers to see which ETFs are most structurally sound and gaining adoption in the market.  

Disclosure: Information and references to specific investments presented herein are for educational purposes only, are not intended as an offer or solicitation with respect to the purchase of any security or asset class, and should not be relied on for investment recommendations. The views and opinions expressed by the speakers are as of the date of the recording and are subject to change. The investments discussed may fluctuate in price or value. All investments involve risk, including the loss of principal. Past results are no guarantee of future results. You should consult with your financial advisor to thoroughly review all information and consider all ramifications before implementing any transactions and/or strategies concerning your finances.