Vanguard’s New Round of Fee Cuts, Elon’s Plan to Combine SpaceX & XAI | ETF IQ 2/2/2026

"Bloomberg ETF IQ" focuses on the opportunities, risks and current trends tied to the trillions of dollars in the global exchange traded funds industry. Today’s guests: Vanguard CEO Salim Ramji, Goldman Sachs Asset Management Chief Transformation Officer Bryon Lake and Ark Invest CEO & CIO Cathie Wood.

Chapters:
00:00:00 – ETF IQ opens
00:03:01 – Vanguard’s New Round of Fee Cuts
00:04:33 – Vanguard CEO: Costs Matter in Active As Well
00:06:32 – Vanguard CEO: Increasing Investments in Clients Services
00:08:31 – Vanguard CEO: Trump Accounts A Fabulous Concept
00:09:40 – Vanguard CEO Talks About International Expansion
00:11:05 – Vanguard CEO Discusses Fed Chair Nominee Warsh
00:12:40 – Lake: Innovator Deal ‘Going Well’
00:14:08 – Lake: Innovator Acquisition is in Line With Strategy We Already Executing in Serving Clients
00:16:30 – Lake: 2030 ETF Industry Will Achieve $30 Trillion
00:20:48 – Bloomberg Intelligence Traffic Light System
00:24:51 – Wood on Musk’s Plan to Combine SpaceX & XAI
00:27:14 – Wood: Definition of Less Liquid, Illiquid Is Changing
00:29:47 – Wood: There Are Some Ecosystem Challenges Here
00:31:27 – Wood Discusses Debasement Trade
00:33:44 – Wood on State of Succession Plan at Ark Investment
00:38:19 – James Seyffart on Launching of Debasement Trade ETF BPRO
00:41:00 – ETF IQ Test
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