This podcast episode explores the latest trends and developments in the ETF industry, including the potential impact of the expiring Vanguard patent on ETF share classes, the growing interest in Bitcoin ETFs among advisors and institutional investors, the increasing adoption of Bitcoin and ETFs by institutional investors like Fidelity, BlackRock, and Invesco, the growth of active ETFs and the ongoing debate between active and passive investing, the presence of crypto at an ETF conference, and the benefits of being a white label issuer. The episode concludes with David Auerbach, CIO of Hoya Capital, who advocates for REITs and criticizes Bitcoin and ESG.