Goldman M&A, NHL Futures | ETF IQ 8/24/2026
Спикеры
Eric Balchunas
— Старший аналитик по ETF, Bloomberg Intelligence
Troy Cates
— Co-Founder, NEOS
Frances Newton
— CIO, Tuttle Capital Management
Carlos Pena
— Head of ETF and Funds Management, Texas Capital
Nick Samouilhan
— Portfolio Manager, Wellington
Athanasios Psarofagis
— Bloomberg Intelligence
Byron Lake
— Global Co-Head of Third-Party Wealth, Goldman Sachs Asset Management
Bloomberg ETF IQ covers Treasury buybacks driving gold and bitcoin relief, Goldman Sachs' acquisition of NEOS and the growth of derivative income ETFs, Frances Newton's case for property and casualty insurance over TLT, new NHL team ETF filings, Carlos Pena's Texas-focused TXS pitch, and Wellington's public-private All Markets Fund with Vanguard and Blackstone.
- Eric Balchunas highlights Treasury long-bond buybacks as a catalyst for gold and bitcoin ETF flows.
- Goldman Sachs and NEOS discuss their acquisition, derivative income ETF growth, and the BTCI bitcoin income product.
- Frances Newton argues TLT is not the best bond play and prefers property and casualty insurance exposure.
- Athanasios Psarofagis discusses early NHL team ETF filings from Volatility Shares and Roundhill.
- Carlos Pena makes the case for TXS, a Texas-focused ETF with energy overweight and Texas GDP-weighted sector exposure.
- Nick Samouilhan explains the Wellington-Vanguard-Blackstone All Markets Fund providing diversified private asset access.
- The episode ends with an ETF IQ quiz on bond ETF assets, bitcoin ETF holders, and active ETF flows.
Идеи
Treasury buybacks boost gold and bitcoin.
Treasury buybacks of long-dated bonds are an accommodative policy catalyst supporting gold and bitcoin as a debasement trade; bitcoin ETF flows just had their biggest week since October, and Treasury buying is a very big catalyst for bitcoin after a rough summer.
BTCI income plus bitcoin upside.
BTCI is a bitcoin income product yielding around 25% that provides investors a different way to earn income while potentially capturing bitcoin upside; it appeals beyond boomers, has attracted strong flows, and is seen as a great product by the firm.
P&C insurance beats TLT bonds.
TLT is not the best bond play because long-duration Treasury exposure is not always a reliable hedge, especially when equities sell off because rates are rising; property and casualty insurance provides a better way to access bond-like exposure and has performed better through changing bond-equity correlations.
P&C insurance beats TLT bonds.
TLT is not the best bond play because long-duration Treasury exposure is not always a reliable hedge, especially when equities sell off because rates are rising; property and casualty insurance provides a better way to access bond-like exposure and has performed better through changing bond-equity correlations.
Texas ETF TXS diversifies and outperforms.
TXS offers diversified Texas-focused equity exposure with a larger energy weighting and lower mega-cap tech concentration than the S&P 500, uses a Texas GDP-weighted sector methodology to better reflect state growth drivers, has demand across 48 states and Canada, and has outperformed the S&P 500 YTD by 6%; the planned Texas Stock Exchange primary listing further validates the Texas investment thesis.
All Markets Fund adds private assets.
With more companies staying private longer, investors need access to private equity, private credit, infrastructure, and real estate; the All Markets Fund is designed as a long-term core allocation providing diversified private-asset exposure, and private credit can play a strong income role over a three-year-plus horizon.
Далее
This Bloomberg Markets video, published August 24, 2026, features Eric Balchunas, Troy Cates, Frances Newton, Carlos Pena, Nick Samouilhan discussing BTC, GLD, BTCI, TLT, KIE, TXS, BIZD. 6 trade ideas extracted by AI with direction and confidence scoring.
Speakers: Eric Balchunas, Troy Cates, Frances Newton, Carlos Pena, Nick Samouilhan · Tickers: BTC, GLD, BTCI, TLT, KIE, TXS, BIZD