Eric Balchunas, a Bloomberg ETF analyst, took the stage at TOKEN2049 and ignited discussion with his provocative question: ‘A Trump ETF, a Trump coin ETF, and a 2x Melania. Who here will buy that?’ The crowd chuckled but Balchunas pressed on, highlighting potential investor disconnect between promoting these assets and their actual suitability for investing. He questioned if the SEC’s approval of such ETFs implies an easy path to market access when it might not be readily available. Balchunas challenged how far this trend would go if a Trump ETF took off, prompting further discussion about futures contracts and potential limitations on such speculative investments.