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What Financial Advisors Don’t Know About Bitcoin ETFs

Bitcoin exchange-traded funds made a long-awaited splash in the market in early 2024. Asset managers rushed out of the gate with 11 SEC-approved spot bitcoin ETFs, which have already racked up billions of dollars in assets under management.

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Matt Hougan, Bitwise chief investment officer, joined the Big Picture in Practice podcast to explain how advisors should think about bitcoin ETFs and their place in a diversified portfolio.

In this episode:

  • How to value bitcoin.
  • How bitcoin ETFs affect the wider crypto landscape.
  • What's next for decentralized finance.

You can listen to this and other episodes of Big Picture in Practice wherever you stream podcasts.

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Questions or ideas? Email us at bigpictureinpractice@morningstar.com.

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