Eric Balchunas (@EricBalchunas) started following @mollyesque on Oct 9, 2024

RT @peterbakernyt: With Ivanka Trump and Jared Kushner on the sidelines, Don Trump Jr. has become his father's main gatekeeper screening fo…

In their first ever joint interview, JD Vance and Don Trump Jr. tell me what they have planned for Trump's next term. In the @WSJ https://t.co/Q6meBA3mkx

RT @ericyakes: HBO says @peterktodd is satoshi and his response was perfect "This is going to be very funny when you put this into the do…

RT @philbak1: 39m unrealized cap gains from a 68m fund go poof. Expect more of this. Lots and lots more.

Late notice but we are hosting an ETF event in our Boston office tmrw (Wed) afternoon. I'll be there along with some wicked smaht experts from Fidelity, GMO, Morgan, Natixis, 3Edge. Register here: https://t.co/ZRfC0F8rmF

Roundhill just filed for a 2x China Dragons ETF which is crazy fast to 2x your own ETF as $DRAG just came out 4 days ago but it was an insta-hit, traded $70m yest (crazy high for a newborn). Also, $YINN is raking in the cash too so this filing makes sense. https://t.co/vokMJaVaWF

Bitwise just filed for what seems like another bitcoin ETF, but it is actually for the Osprey bitcoin trust (which holds $120m worth of btc) to be absorbed into $BITB fyi https://t.co/MXzmHVlzNM

Not familiar with this issuer, looks like a first timer. Based out of Nashville TN. Only crypto-related ETF person I know there is @stevenmcclurg

New filing just dropped for Canary XRP ETF, the second filing, joining Bitwise. https://t.co/Fbu9tKGz0V

Short Sale rule in effect at the open for basically every China ETF as big pullback underway.. https://t.co/SyDHTmrXqf

We are saying the FOMO may be over-hyped tho and anyone thinking of investing in China should exercise caution. @RebeccaSin_SK was way early with pointing out massive stimulus but is now ahead of curve warning upcoming stimulus may be more limited than it appears. FYI! Full note: https://t.co/YqPL4Gleri

The rush into China wasn't just from the US, here's a Japan ETF that invests in mainland China stocks that saw it's premium jump to 360% (very very rare to see prem that high) as investors wanted in that bad but market makers couldn't arb bc stock mkt closed for holiday. Wild. https://t.co/ftqojAI082

FWIW a little thread on a good bitcoin beginners book. I read a few when I was trying to get up to speed ahead of ETF launches and I thought this one was the best, connected w me the most.

Only one week into October so far and China ETFs have beaten their all time monthly flow record. Feeding frenzy in effect. Will it last tho or is just short term sugar high? No one knows. https://t.co/kw5AbMIqBP

A new ETF category is born today with the launch of single foreign stock ETFs, effectively currency-hedged ADRs. This way a US trader can own a foreign stock as if they were a local in that country. Three to start: $AZNH (Astrazeneca), $SHEH (Shell) and $HSBH (HSBC) with many https://t.co/1R8aVm9HTY

On Amtrak to nyc and the announcer said "please wear shoes in the cafe car" as part of the standard welcome, hadn't heard that bf. Top signal?

Is it tho? What other business can you be bad at your job (underperform benchmark), lose tons of customers (outflows) and yet make more revenue than ever (bc your assets go up beyond outflows simply bc stock mkt up so much)? That’s exactly what’s happened for past 20yrs. Not

I got 5k on Steelers using @tainobetsports They waxing them Cowboys today Cracker of the Day - Chris Bowell 🤝 Use code “AB” for 100% deposit match. Sign up with them guys below https://t.co/qwNw0aaWJy #CTESPN

Not enough words for Mike Tomlin Respect @steelers 🖤💛 https://t.co/fium6gvkWb

"I let the dividends replace my 9-to-5. That's the motto." - YouTuber Todd Akin on the new jacked up yield ETFs featured in good long piece on this quickly growing (altho still tiny vs vanilla beta) ETF category from @denitsa_tsekova & @VildanaHajric https://t.co/yG2ZmiqRl9 https://t.co/V9Lk8sRAeK

Was trying to think of a metaphor for this, where 99% of the customers of a business want something but the business won't give it them. Couldn't come up with one (prob bc this rarely/never happens in capitalism), but that's what this is like.

RT @ajtourville: If LinkedIn was real life 🤣 https://t.co/1VORUmcAdO

Legit funny (and I haven’t been fan of show for a while). The guy playing GW has flawless deadpan delivery.

Love this. Hard to overstate how big an upset this. I actually went to HS for two years near Vanderbilt, and they were SEC punching bag back then too. Never went to any games tho. I did however see the Pixies (in their prime) at the Vandy gym. Trompe le Monde tour. Great show.

I didn’t watch the Phillies game but I saw box score showing Wheeler had one hit shutout going through 7 innings and they pulled him? What happened to baseball?

Wait what? https://t.co/lGoZXyDuLe

Lowe’s straight disrespecting Halloween https://t.co/PSfL6uM1vq

Morning jog views: old school graveyard at Old Pine Church on 4th and Pine on a beautiful fall day here https://t.co/XIOLZWrUW8

I'm also intrigued by the Strategy A and Strategy B. So the name goes from overly-spicy to overly-generic just like that. A+ for juxtaposition, I'll give it that.

I just checked and our database of 452,220 funds (both dead and alive) of all types around world, the word "loins" is in none of them. So would be a first-ever. Groundbreaking lol

Just when you think you've seen it all, here's a filing for a pair of Fruit of My Loins ETFs, Strategy A and Strategy B.. h/t @Todd_Sohn https://t.co/5V4tEVoigr

$YINN & $YANG (3x and -3x China ETFs) combined for $7b in volume this week, here's what that looks like vs their 14yr history. Chart of the week nominee. https://t.co/AD75hUaHfA

This is why IMO you have to be either totally biased or ignorant to pooh pooh the bitcoin ETFs potential/success. This level of salesmanship combined with low fees, high liquidity and a trusted brand name is effing powerful. (tbf I'd say same about almost all ETF categories)

An amazing photo here if you stop and think about it: the largest asset mgr in world making a well-polished case for bitcoin to clients with ginormous chart of decimation of the dollar's purchasing power since the establishment of the Fed. Life moves fast.. h/t @thinkingvols https://t.co/Ihtaxm0IGU

King Kong vs Godzilla.. everyone else fighting over scraps (altho the scraps are pretty big) https://t.co/xEgOQh7bXk

WOW: ETFs globally took in $477b in Q3, which crushed the old record by 30%. BlackRock and Vanguard took in about $100b EACH. China added $65b, which is crazy high thanks to Govt QE spree. Total global ETF assets now $14T. We predict $35T by 2035. https://t.co/cifjyDCnkR

RT @JSeyff: We have @BitwiseInvest out with another ETF filing. Will be a treasury and bitcoin rotation strategy. Ticker will be $BITC. htt…

"We are going to end up not caring in fixed income in the next 18 months as to whether something is public or private." - Apollo CEO Marc Rowan challenges the entire premise that privates are illiquid, risky and not meant for retail. Thinks privates should be in DC plans a la

Instant Psalm - YouTube premiere tomorrow at 12pm BST https://t.co/MlixITsKY6 https://t.co/WevsMgQmmw

NYC - 47 Canal St Final night 7-10PM   London – 17 Bell St Through Oct 5 11AM-5PM https://t.co/s6IqdFREps

Really glad the Mets one. Congrats to their fans who have suffered so much. I was rooting for them altho now I can’t bc they play the Phillies in the NLDS. Should be a fun series.

He was 7 foot as a 13 year old.. This is what it looked like: https://t.co/2xeEJfbytY

Literally unreal. The dude who passes him the ball (#12) is 6'11'' just for perspective. Gonna be fun watching this (giant) kid play.

$GLD has been climbing higher tortoise style and is now outperforming $IBIT since Jan launch.. altho gold still lagging btc YTD etc and both of them easily beating SPX. ht @psarofagis https://t.co/BQwjYjnwwz

Me every time I have to book a trip to Boston https://t.co/QrVcKbPM4O

$YINN's weekly historical $ volume chart is insane, there's still two days left to go in this week and it's already it's destroyed the record. It isn't alone, other china etfs incl $ASHR, $KWEB, even $FXI gonna see records too. Total frenzy rn. https://t.co/6nvAIx2tKT

EVERYONE EATS: While the Big Two are getting their's the 'other guys' are rising up. Many ETF issuers have already broken their own ann flow records incl Invesco, Fidelity, CapGp, PIMCO, Franklin, Janus, Tidal with DFA, JPM, VanEck about to join list via @psarofagis https://t.co/vmUNhGTghS

Talk about good timing, Roundhill launching today a China Dragons ETF $DRAG which holds 5-10 innovative china cos a la their $MAGS ETF (which has $780m). I believe this was originally called the Lucky 8 ETF not sure what happened. Maybe DRAG and MAGS rhymed better https://t.co/Ep1HPXznxn

QE is a helluva drug.. https://t.co/LJhmUMDYgO

China ETFs are Hansel-level hot rn.. $YINN (3x China Bull) took in $390m its biggest 1D flow ever by 4x in 14yrs. $YINN popped 21% yest and 140% in past 2wks (after years living in gutter). All told China ETFs took in $4b this wk as traders try to ride wave, many skeptical tho https://t.co/ngrPYRKozQ

RT @smokingsexxtion: i can’t stop thinking about this https://t.co/l4mK1PLigs

Nice. Huge fan. This guy is in a league of his own IMO. I love that he’s got a mustache and is barely recognizable in the pic. Instantly intrigued.

The new 2x MicroStrategy ETF $MSTU (most volatile ETF in the US) took in $40m yest (top 1% among all ETFs). It now has over $100m in aum. This would make sense if there wasn't a levered MSTR ETF on market already with ample liquidity, but there is (MSTX). It's one of those ETF https://t.co/Qo6euPsaIC

RT @JSeyff: After the trust was registered in Delaware yesterday, @BitwiseInvest just officially filed for their XRP ETF with the SEC. http…

There's been about 2,000 ETFs launched this decade, here's the top 10 biggest by assets. All over $10b = stud level. Half the list is low-cost legacy active eg JPM, DFA, Cap Group. $QQQM bigger than I thought. $IBIT and $FBTC stunning given how young they are. And $JAAA, wow. https://t.co/TasCCiYyvg

I actually own @JerryCap $jd

I would take profits in Chinese stocks. Rally has been nuts. https://t.co/eEyPShhw2s

You’ve heard of the Fed Put. This is like the Trump Call.. filings for XRP or Solana or any other alt coins are basically like a cheap call option on a Trump win as Genz will be gone and anything’s poss. Harris wins no way these get approved, and the “call” expires worthless.

Unlike that situation (I still can’t believe someone did that I wonder if they ever got busted) the Bitwise name registration is legit. We confirmed w them. Peace ✌️ and love.

Remember when someone made a fake Delaware Trust filing for a iShares XRP ETF and then I confirmed from BlackRock that it was a fake forgery and I got mauled by the XRP Army for like two weeks straight just for telling the truth? Good times..

Unbelievable. You could watch football for 10,000 hours and never see this again. The athleticism to pull this off at the pro level is next level.

https://t.co/lBhurrUrly

A market is made up of buyers and sellers. If the ETFs are buyers and price is flat then it means other holders are selling. Not sure it's any more complicated than that. (also note: you are up 50%! YTD, so even if you get nothing rest of year you should be thrilled. Without the

Avantis is coming to Europe after tearing it up in the US. Every one of their ETFs has seen inflows in past year with 15 of them over $100m, curr $51b total aum. This firm is has tapped into the existing demand for dirt cheap active and beta-adjusted fees. https://t.co/P7ee6BIHzk

It's Alive! Chinese stocks have been jolted back to life up 20% in two weeks after the Chinese govt bought $90b worth of equity ETFs, which sparked US investors to pour $630m into $ASHR which is like a 40% jump in assets. Watch this space.. https://t.co/xVnhwRrmHy

Today’s pod was stacked with forecasts for every Big East team, preseason awards, a sleeper candidate to watch, hot takes and more. With @RobDauster and @T_Oglesby22: https://t.co/2MIvYqp0c9 https://t.co/wb4hdyLfUq

Had Darius Adams a couple of times on Peach Jam broadcasts this past summer and was impressed with how easily the game comes to him. Terrific shot technique, a smooth handle and the ability to make a variety of things happen offensively. That’ll play in Dan Hurley’s system.

RIP Pete Rose who had problems but was bigger than life during my baseball card collecting childhood. I remember watching him chase Cobb’s hit record w my grandma. Rare guy who could pull off being a player & the manager at the same time. https://t.co/BBEbF73Nee

one quick correction those five ETFs are the YTD leaders, the Q3 leaders are $VOO, $SPY, $IVV, $VTI and $BND

Speaking of records, ETFs just had their best quarter evah with $280b.. led by $VOO, $IVV, $VTI, $IBIT and $QQQ altho 2,000 dif ETFs took in cash in Q3.. YTD flows now up to $691b with a great shot at breaking all time record. https://t.co/Wa6cyuhwpm

How do you package private assets into public funds? It's like solving a paradox and it is the next big race in ETFs and it was officially kicked off by the Apollo ETF filing. We discuss in detail on latest Trillions w/ @VildanaHajric @joelwebershow https://t.co/NcengBH1Vg

It's not personal (ok maybe a little) but they just aren't into commodities in general bc they see it as pure speculation, only worth what someone else will pay you vs stocks and bonds where your money works for you independent of speculative returns (which is something I feel

Vanguard turned 50 this month. IMO the birth of the mutual ownership structure (still yet to be copied by anyone) was a Big Bang event for this industry- the effects of which continue to ripple out like a tsunami in slow motion. As I argue in The Bogle Effect, indexing 'got https://t.co/p3HwZDIZWg

Some ETF records arent going to be broken this year they're going to be destroyed. Namely $VOO which at +$69b is already $20b beyond the single year record and the number of new launches at 515 is also in record territory. And there's still three months to go.. https://t.co/EyVfmnxwPg

Tom Brady just said he almost went to the Chicago Bears after leaving the Pats as free agent, bf ultimately deciding on Tampa. Didn’t know that.

My kid makes short sports videos and he did one for Ryan Williams, Bama’s 17yr old (equiv of senior in HS) receiver who put on a show last night: 177 yards, game winning TD. Unreal. https://t.co/WmBeg4MmNM