The first round of the ETF Playoffs has concluded! Exchange, a conference for financial services professionals, is happening in Miami, February 11-14. Since Exchange is hosting a party for the big game at Miami’s hottest club, LIV, we’re hosting an ETF championship bracket.
The biggest ideas, product types, and themes are squaring off in bracket-style voting to see who will become the ETF Playoff champion of 2024. Round 1 has concluded, with shocking results! Here are the winners:
This is how round one went down:
Spot Bitcoin ETFs vs. Gold Funds
The bitcoin versus gold rivalry is almost as old as bitcoin itself. The two competing stores of value squared off, and spot bitcoin edged out gold. Still, this was a surprisingly close matchup. The recent SEC approvals and wave of new spot bitcoin ETF products feels like it should have led to a route. Does this indicate potential trouble for the new asset class in the Final 4? The other possibility is that gold remains popular among certain investors. Parks & Rec may be, at this point, an ancient show, but Ron Swanson’s legacy looms large.