Podcast Alpha
@PodcastAlphaX
Signal. Not noise. Forensic breakdowns of the world’s most influential podcasts.
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가입 April 2026
608 팔로잉 중 16.7K 팬
A catchy ETF ticker tells you almost nothing. What's built underneath does.
Jay Jacobs, BlackRock's US Head of Equity ETFs, told Anthony Pompliano @APompliano that BIDA, BlackRock's Bitcoin premium income ETF, was deliberately structured as a 33-Act product instead of the standard 40-Act wrapper, the same structure used for Bitcoin and gold ETFs. The tradeoff: a more complex K-1 tax form in exchange for better after-tax efficiency. $BLK
Two similarly-named ETFs can carry different legal structures, tax forms, and market-maker support.
Podcast Alpha's coverage checks what actually separates a real ETF from a look-alike. Full breakdown:
Source: Anthony Pompliano -
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Jay Jacobs, BlackRock's US Head of Equity ETFs, on Anthony Pompliano's @APompliano show: AI demand moves in days. New copper mines take four to eight years to come online.
Indium for the photonics that replace copper in data centers needs its own zinc mine and processing chain. Even an accelerated US chip fab takes about four years. Jacobs calls it the biggest mismatch in AI today, and it's why BlackRock built sleeve ETFs like POWR and iCop around the value chain instead of one ticker. $BLK
Podcast Alpha's coverage breaks down which parts of the AI supply chain hold pricing power longest. Full breakdown:
Source: Anthony Pompliano -
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