0
0.0
Jan 18, 2024
01/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
ed: jay jacobs from blackrock, great to have you on the program.oming up on "bloomberg technology," we will turn our attention back to apple as the company faces a legal setback in its patent dispute with masimo. much more ahead. this is "bloomberg technology." ♪ fresh, warm hot dogs! when i'm not selling hot dogs, i invest in a fund that advances innovations like robotics. fresh, warm hot dogs, straight out of my torso! one for you, one for you. oh, you're a messy one. cool, right? so cool. anyone can become an agent of innovation with invesco qqq, a fund that gives you access to nasdaq-100 innovations. hot dogs! fresh, warm hot dogs! before investing carefully read and consider fund investment objectives, risks, charges, expenses and more in prospectus at invesco.com. hey! sarah! fund investment objectives, riif you had to choosees would you listen to elevator music all day or deal with payroll compliance? payroll compliance, for sure. gusto automatically calculates and files my taxes for me. hold up, compliance? easier? choose payroll compliance
ed: jay jacobs from blackrock, great to have you on the program.oming up on "bloomberg technology," we will turn our attention back to apple as the company faces a legal setback in its patent dispute with masimo. much more ahead. this is "bloomberg technology." ♪ fresh, warm hot dogs! when i'm not selling hot dogs, i invest in a fund that advances innovations like robotics. fresh, warm hot dogs, straight out of my torso! one for you, one for you. oh, you're a messy one....
0
0.0
Jan 11, 2024
01/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
we are joined by jay jacobs. and of course, kaylee. take it away.t thank you so much, and thank you, jay, for being here. i know it is a pretty busy day, to put it mildly. let's take a look at the bitcoin trust. take a look at volume, is definitely winning that race with almost 19 million shares traded, but that's talk about assets and let's talk about flows because bloomberg intelligence as estimated it is possible that lockout has succeeded with two bill enough -- $2 billion. first question, if this five seated? -- is this fund seated? >> what we are really focused on is the volume and frankly the long term. this is day one, we are excited to be at the starting line, really looking forward to that continued growth of this product alongside the rest of our etf. alex: what do you expect the kind of uptake for all of these products is going to be? how rapid can the judge it? >> it is tough to say, we have to go back to the etf structure itself and the access it provides to investors. there's a lot of different investor types that can now access bitco
we are joined by jay jacobs. and of course, kaylee. take it away.t thank you so much, and thank you, jay, for being here. i know it is a pretty busy day, to put it mildly. let's take a look at the bitcoin trust. take a look at volume, is definitely winning that race with almost 19 million shares traded, but that's talk about assets and let's talk about flows because bloomberg intelligence as estimated it is possible that lockout has succeeded with two bill enough -- $2 billion. first question,...
0
0.0
tv
eye 0
favorite 0
quote 0
jacobs. the end of last year is the best place to put your money is in the money market. right now that looks dicey and you're saying, no, no, no >> if we see the fed reducing rates and at cash yield getting less attractive and investors need to find the most attractive equity on the market. liz: i listen to you and say look at those increases in all three major indexes over one year. >> yeah. liz: repeat? that would be a very hard trick to do twice. >> tough to say over the short term and investors need to look at long term opportunity for the thematic outlook is take a step back and say what do we think will start to accelerate in 2024 and will persist in the next decade and ai continuing the fast growth of the geopolitical supply. liz: look at ai trade and a bunch of names heavily picked over by now. >> the trail of two different types of companies and the magnificent seven and the return up 80% on average and there's another larger pool about 100 companies involved in ai in one way or ano
jacobs. the end of last year is the best place to put your money is in the money market. right now that looks dicey and you're saying, no, no, no >> if we see the fed reducing rates and at cash yield getting less attractive and investors need to find the most attractive equity on the market. liz: i listen to you and say look at those increases in all three major indexes over one year. >> yeah. liz: repeat? that would be a very hard trick to do twice. >> tough to say over the...
0
0.0
Jan 11, 2024
01/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
whether you see that come through in the trading volumes, i asked jay jacobs, about an hour and a halfgo, did not get much of an answer but a lot of theories as to what is behind this volume. >> and there is the -- caroline: there is the mechanics and the infrastructure and wondering if this is really the turning point. whether suddenly people are now on their iras and pension funds not just sprinkling in a little bit of bitcoin. looking at the price action, do we think it is? >> you did see trading volumes in the billions but when you look at the price action in bitcoin, it reached 49,000 dollars very briefly on the day but it is back well below or fluctuating around $46,000. it has not been a sell the news moment or a by the news moment. -- buy the news moment. in some of the bitcoin related stocks, coinbase down more than 6%. a big question is what this means for exchanges, let alone bitcoin itself. i will point to one place you are seeing some action, ethereum. that is interesting because people believe that if you see a bitcoin related spot etf, then the issuers if they are succes
whether you see that come through in the trading volumes, i asked jay jacobs, about an hour and a halfgo, did not get much of an answer but a lot of theories as to what is behind this volume. >> and there is the -- caroline: there is the mechanics and the infrastructure and wondering if this is really the turning point. whether suddenly people are now on their iras and pension funds not just sprinkling in a little bit of bitcoin. looking at the price action, do we think it is? >>...
0
0.0
Jan 11, 2024
01/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
we spoke to jay jacobs of blackrock in the last hour. >> this is about access to somebody different clientypes in the market. there are people who have already had bitcoin exposure but would prefer it through the etf itself could be transacting in this product today. this is about providing that access to a wide range of investors. 0 alix: alix: which brings us to the question of the day, are you buying bitcoin ets today? you guys probably can't actually going to buy them today, but if you take a look, we are seeing in the market, are you buying? >> there's a lot of people buying, we are over $2 million in volume trading today so it is very impressive. alix: can you put that in perspective for us? >> that is a massive date. it is hard to know because we like to look at the launch like one etf, but this is unique because there are 11 funds they converted, and if you look at the piquant futures for comparison, that was one launch and that's about $1.5 billion in trading in the first day. but this is well beyond that. that said, they are all doing the same thing, they are all competing. the u
we spoke to jay jacobs of blackrock in the last hour. >> this is about access to somebody different clientypes in the market. there are people who have already had bitcoin exposure but would prefer it through the etf itself could be transacting in this product today. this is about providing that access to a wide range of investors. 0 alix: alix: which brings us to the question of the day, are you buying bitcoin ets today? you guys probably can't actually going to buy them today, but if...