Morgan Stanley’s Bitcoin ETF Changes Everything with James Seyffart

About this episode

The episode discusses Morgan Stanley's upcoming spot bitcoin ETF and its implications for institutional adoption and market dynamics.

Morgan Stanley is preparing to launch its own spot bitcoin ETF, and that could mark another major step forward for institutional bitcoin adoption. In this episode, James Seyffart of Bloomberg Intelligence joins me to break down what Morgan Stanley’s move means, why spot bitcoin ETF holders have stayed surprisingly resilient through a major drawdown, and how macro stress is reshaping flows across crypto and traditional markets. We cover: • Why Morgan Stanley launching its own spot bitcoin ETF matters • What ETF flows reveal about investor conviction during this drawdown • Why retail ETF holders may be stronger hands than many expected • How hedge funds, basis trades, and market makers actually influence flows • Why bitcoin has recently traded more like a risk asset • How war, energy prices, and rising real yields are impacting markets • Why capital is rotating from software into energy, materials, and industrials • What to watch next in crypto ETPs, index products, and regulatory clarity Guest links Follow James on X → https://x.com/jseyff Stack Bitcoin using your home equity → https://joinhorizon.com See your home's Bitcoin potential → https://joinhorizon.com/calculator Schedule…

People in this episode

Host: Joe Consorti

Guest: James Seyffart

Topics covered

• Bitcoin ETF
• institutional adoption
• crypto markets
• investor conviction
• macro stress
• market flows

Keywords

• Bitcoin
• ETF
• Morgan Stanley
• institutional adoption
• crypto
• market flows
• investor conviction
• macro stress

Mentioned in this episode

Organizations: Morgan Stanley, Bloomberg Intelligence, Horizon

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