00:00Now, it's time for an IQ test where Bloomberg's Joel Weber is putting us to the test to see of
00:05James, Todd, Sohn, and I really know our stuff when it comes to ETFs.
00:09Joel co-hosts the Trillions podcast with Eric Balchunas.
00:12He's also the head of games here at Bloomberg, and Joel has spent a while trying to figure out questions
00:16that would stump us.
00:17Mainly, I was on vacation, but then I tried to whip this together real quick for you guys.
00:22So let's see what's in store.
00:25First question, tech ETFs have accounted for what percentage of ETF trading volume this year?
00:32If you want a hint, and you've been reading your research notes from Bloomberg Intelligence, it's about twice the size
00:38of the norm.
00:40Is it A, 10 percent, B, 20 percent, C, 40 percent, or D, 50 percent?
00:45Scarlett, you're the veteran here.
00:47I'm the veteran, I know, so the pressure's on, although I'm not the expert the way that some are.
00:51So anyway, I'm going to go with the highest number, which is D.
00:54John?
00:55We'll see.
00:56I'm also going to go see, but I don't know.
00:58It's an 0 for 3.
01:00It was actually A.
01:01What?
01:02And the norm is about 5 percent.
01:04Really?
01:05Yeah, recheck.
01:06All right.
01:07Well, everybody's digging out of a hole.
01:08I need to see what was qualified as a tech ETF.
01:11Okay.
01:11Which of these crypto-themed ETF tickers has not been shuttered this year?
01:16A, BMAX, B, NFT, C, B-Web, or D, Rekt?
01:22Okay.
01:22The tricky part of this is the this year, I feel like, because some have probably already
01:27been shut down a while ago.
01:28You know, just because I'm feeling friendly, I'm going to say one of these may not actually
01:33be a ticker.
01:34Okay.
01:35I'm guessing Rekt is not an actual ticker.
01:37So let's go with, has not been shut, B-Web, C.
01:42John?
01:42A, BMAX.
01:44I'm going to go A, BMAX as well.
01:45Oh, I was hoping that James was going to get this one.
01:48It's B.
01:49What?
01:49NFT is actually not a ticker.
01:51Oh.
01:52Okay.
01:53Oh, I got it.
01:55All right.
01:55All right.
01:56Last question.
01:57I thought that might be the answer.
01:58I think this is going to be a layup.
02:00Which of these major banks has the most ETF assets under management?
02:04Deutsche Bank, Goldman Sachs, JP Morgan, or Morgan Stanley?
02:08I'm going to say C, JP Morgan.
02:10JP Morgan.
02:11JP Morgan.
02:12Okay.
02:12Jeppy.
02:13You got that one.
02:13Yeah.
02:15All right.
02:16There you go.
02:16Rough week.
02:17I'm sorry about that.
02:18I know.
02:19Well, that last one was a trick question because I could, you know, if NFT was the ETF, it would
02:23have been closed all the time.
02:24I'm sorry for being a rude quiz master.
02:27If you like playing games, you can find QuizGo on the terminal and also go to Bloomberg.com
02:31slash pointed where we let you play with some leverages and some hedging.
02:35It's really fun.
02:36It's quiz.
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