Crypto ETF Craze: Behind the Spate of Filings 6/26/23

CNBC’s Bob Pisani spoke with Jeremy Schwartz, Global CIO of WisdomTree, and Nate Geraci, President of the ETF Store. They discussed the recent spate of new filings for spot bitcoin ETFs, including the big behemoth BlackRock itself submitting an application just two weeks ago. Do they know something the rest of Wall Street doesn’t? They also talked broader market trends, including outflows from gold ETFs and long-awaited momentum in equity ETFs, which have had to play catch up to bonds all year. In the “Markets 102” portion, Bob continued the conversation with Nate Geraci from The ETF Store.