Is the first bitcoin-linked ETF worth buying? Tom Lydon says yes

Money Life with Chuck Jaffe - A podcast by Chuck Jaffe

Categories:

Tom Lydon, chief executive officer at ETFTrends.com, says that the ProShares Bitcoin Strategy ETF launched this week will be one of the biggest new ETF launches of all time and is worth the hype, even though the fund is built around bitcoin futures rather than tied directly to the cryptocurrency. Lydon explains how the new fund works and the prospects for new and different crypto funds coming out of the registration pipeline soon. Also on the show, author Becky Hall discusses 'The Art of Enough' and building a balanced life, LendingTree's chief credit analyst, Matt Schulz, discusses their latest take on retail credit cards and why consumers will sign up for less of them this year and what they will do instead, and Darren Chervitz, manager, of the Jacob Discovery Fund, talks bottoms-up, growth-oriented stock-picking in the Market Call.