Show Notes
Bloomberg Intelligence's senior ETF analyst James Seyffart returns to break down everything happening in the ETF world right now: from the surprising diamond-hand behavior of Bitcoin ETF holders through a 50% drawdown, to Morgan Stanley's landmark decision to launch its own Bitcoin ETF. We discuss: - Why Bitcoin ETF holders didn't sell through a 50% crash — and what that signals - Morgan Stanley launching a Bitcoin ETF and what it means for institutional adoption - Bitcoin vs. gold ETF flows: what the data actually shows - The private credit time bomb and why software exposure makes it dangerous - Where ETF money is really flowing now: energy, industrials & real assets Follow James Seyffart on X https://x.com/JSeyff 📖 Order Natalie's new book "Bitcoin is For Everyone," a simple introduction to Bitcoin and what’s broken in our current financial system https://amzn.to/3WzFzfU ⚡ *Coin Stories is powered by Gemini* Invest as you spend with the Gemini Credit Card. Earn up to 4% back in Bitcoin on everyday purchases, like gas, dining, groceries, and more—with no annual fee. The Gemini Credit Card is issued by WebBank. See website for rates & fees https://www.gemini.com/natalie ⚡ *Ledn* is the global leader in Bitcoin-backed loans, issuing over $9 billion in loans since 2018, and they were the first to offer proof of reserves. With Ledn, you get custody loans, no credit checks, no monthly payments, and more. Get .25% off your first loan, learn more at https://www.Ledn.io/natalie ⚡ *Abundant Mines* 100% Passive Income. Massive Tax Advantages. Start Bitcoin Mining Today. Get 1 month of free hosting with my link https://abundantmines.com/Natalie/ Watch my podcast with the founders https://youtu.be/s8Ej8YwJwXE ⚡ *Speed Lightning Wallet* For easy, low-cost, instant Bitcoin payments, I use Speed. Play Bitcoin trivia and win up to 1 million sats! Download and use promo code COINSTORIES10 for 5,000 free sats https://www.speed.app/natalie ⚡ *Block's Bitkey Cold Storage Wallet* was named to TIME's prestigious Best Inventions of 2024 in the category of Privacy & Security. Get 20% off using code STORIES99 at https://bitkey.world ⚡ *The Bitcoin Way* Master your Bitcoin self-custody with 1-on-1 help and gain peace of mind with the help of The Bitcoin Way https://www.thebitcoinway.com/natalie ⚡ *BitcoinIRA* You can invest in bitcoin 24/7 inside a tax-advantaged IRA. Choose a Traditional IRA to defer taxes, or a Roth IRA for tax-free withdrawals later. Take control of your future with BitcoinIRA https://www.bitcoinira.com/natalie *Natalie's Upcoming Events* ⚡ Bitcoin 2026 will be here before you know it. Get 10% off Early Bird passes using the code HODL https://tickets.b.tc ⚡ BTC Prague is June 10-13. Get 10% off Early Bird passes using code HODL https://btcprague.com/ *Extra Services to Consider* ⚡ Protect yourself from SIM Swaps that can hack your accounts and steal your Bitcoin. Join America’s most secure mobile service, trusted by CEOs, VIPs and top corporations https://www.efani.com/natalie ⚡ Ditch your fiat health insurance like I did four years ago! Join me at CrowdHealth www.joincrowdhealth.com/natalie for a discounted plan. *IN THIS EPISODE* 00:00 Bitcoin ETF Flow: What's Really Happening 2:46 Why ETF Holders Are Diamond Hands 4:46 Gemini Bitcoin Credit Card | Bitcoin is For Everyone 5:25 Ledn Bitcoin-backed Loans | Speed Wallet 6:37 Who's Actually Buying Bitcoin ETFs? 8:27 ETF Issuer Rankings: IBIT, Fidelity & the Rest 10:01 Morgan Stanley's Bitcoin ETF: A Big Deal 11:28 Will Other Banks Follow Morgan Stanley? 12:37 In-Kind Redemptions: What Changed & What's Coming 15:34 Coinbase Custody Concentration Risk 16:59 Gold ETF Flows: The Exact Opposite of Bitcoin 19:14 Bitkey | The Bitcoin Way 19:58 Bitcoin 2026 | BitcoinIRA 20:38 Gold ETFs vs. Bitcoin ETFs: Size & Liquidity 22:51 Will Bitcoin ETFs Ever Surpass Gold ETFs? 24:41 Are Advisors Under-Allocated to Gold? 27:05 Market Outlook: Long-Term Bull Case 30:54 Where ETF Money Is Flowing Now: Real Assets Win 34:00 What James Is Watching Most Closely *OTHER RESOURCES* Natalie Brunell’s website https://www.talkingbitcoin.com *SUPPORT NATALIE BRUNELL’S SHOWS* Strike ID https://strike.me/coinstoriesnat Cash App $CoinStories *FOLLOW NATALIE BRUNELL ON SOCIAL MEDIA* X https://x.com/natbrunell https://www.instagram.com/nataliebrunell Producer: Aron Bender https://www.linkedin.com/in/aron-bender Editor: Silas Foley 📄 LEGAL & RISK DISCLOSURE This content is for entertainment purposes only — not financial, legal, or tax advice. Always consult a licensed professional. I may receive compensation from sponsored content and affiliate links at no cost to you. Cryptocurrencies are highly volatile and speculative; you risk losing capital. All opinions reflect personal views based on information available at time of recording and are not guaranteed to be accurate or predictive of future performance. #bitcoin #crypto #macro #stocks #cryptocurrency #news #economy
