Today, Professor ₿ had the pleasure of interviewing Eric Balchunas, a senior ETF analyst at Bloomberg. Eric shares his expertise on the explosive success of Bitcoin spot ETFs and their impact on the market. Throughout the episode, they discuss the unexpected approval of the Ethereum spot ETF, the differences between Bitcoin ETFs and the spot market, institutional interest in Bitcoin ETFs, and the influence of financial advisors and middle America RIAs. They also delve into the political influences on crypto regulation, the role of ETF flows in Bitcoin's price movements, and the future of digital assets.

If you enjoy this episode, support the show by subscribing.

Where to find Eric:

- X/ Twitter: @EricBalchunas

- LinkedIn: ericbalchunas

Eric's Charity Choice: https://www.autismspeaks.org/

IN THIS EPISODE:

00:00 - Intro to Ilya and Megawatt

02:51 - Getting into Bitcoin during the 2017 bull market

05:38 - Demystifying how Bitcoin mining works

09:36 - Tips for starting a small-scale mining operation

12:04 - Misconceptions about mining's energy use

15:39 - Revitalizing communities with mining

18:33 - Concerns over proposed federal mining taxes

23:13 - Education key to state-level advocacy

25:58 - Thoughts on Bitcoin ETFs

30:07 - Importance of user-friendly Bitcoin access

32:49 - Miners providing grid balancing services

36:03 - Where to find Ilya online

Learn Bitcoin is an educational course for anyone wanting to learn more about this world-changing asset. Our mission is to enable you to go from novice to expert in your understanding of Bitcoin. Come join the everlasting Bitcoin journey with us.

Website: learnbitcoin.io

Follow Us on other Platforms!

- X/ Twitter: @LearnBitcoin_

- LinkedIn: linkedin.com/company/learn-bitcoin

DISCLAIMER: The Learn Bitcoin course is for educational and entertainment purposes ONLY and does not provide investment advice. Information on past performance, where given, should not be construed as a guide to future performance. Outside of our service, please do your own research.

Hosted on Acast. See acast.com/privacy for more information.