_bitcoin-etfs-poised-for-inflows-from-us-pension-plans-standard-chartered-analyst-says-124-future-focus.jpg "Bitcoin ETFs poised for inflows from US pension plans, Standard Chartered analyst says | Future Focus from site informatique Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 5:6
👁 View: 3.6M times
✓ Published: 20-May-2024
👁 View: 3.6M times
✓ Published: 20-May-2024
Description:
<p>On this week's episode of Yahoo Finance Future Focus, our host Brian McGleenon spoke to Standard Chartered Head of Crypto Research Geoff Kendrick, who shared his insights into the evolving landscape where traditional finance incumbents, such BlackRock and Franklin Templeton, are involving themselves in the cryptocurrency sphere via the recently launched spot bitcoin exchange traded funds (ETFs).A spot bitcoin ETF is a financial product that investors hope will pave the way for mainstream capital to flood the crypto market. Currently, the indications are favorable, with fund managers having allocated over $4 billion in net inflows to the eleven spot bitcoin ETFs approved by the US Securities and Exchange Commission (SEC) on January 11.Kendrick anticipates a shift in the US 401K market, with retirement fund managers expected to allocate funds to the recently launched ETFs. Additionally, he projected an overall net inflow of approximately $50 billion to $100 billion into spot bitcoin ETFs in 2024. Regarding ether, he foresees the approval of spot ether ETFs by the SEC in May, leading to a net inflow ranging between $20 billion and $35 billion into spot ether ETFs throughout 2024.</p>
<p>On this week's episode of Yahoo Finance Future Focus, our host Brian McGleenon spoke to Standard Chartered Head of Crypto Research Geoff Kendrick, who shared his insights into the evolving landscape where traditional finance incumbents, such BlackRock and Franklin Templeton, are involving themselves in the cryptocurrency sphere via the recently launched spot bitcoin exchange traded funds (ETFs).A spot bitcoin ETF is a financial product that investors hope will pave the way for mainstream capital to flood the crypto market. Currently, the indications are favorable, with fund managers having allocated over $4 billion in net inflows to the eleven spot bitcoin ETFs approved by the US Securities and Exchange Commission (SEC) on January 11.Kendrick anticipates a shift in the US 401K market, with retirement fund managers expected to allocate funds to the recently launched ETFs. Additionally, he projected an overall net inflow of approximately $50 billion to $100 billion into spot bitcoin ETFs in 2024. Regarding ether, he foresees the approval of spot ether ETFs by the SEC in May, leading to a net inflow ranging between $20 billion and $35 billion into spot ether ETFs throughout 2024.</p>
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_first-minister-admits-situation-at-donation-firm-site-not-acceptable.webp "The controversies behind Vaughan Gething’s 200 thousand pound campaign donation seem endless, and they keep coming from different places. The latest is that a site owned by the firm behind the donation are now caught up in a situation where residents cannot cope with the smell coming form the site, and Senedd members want answers.")
_hardline-iranian-president-ebrahim-raisi-dies-in-tragic-helicopter-crash.webp "Iranian President Ebrahim Raisi, the supreme leader's protege, has died in a helicopter crash at age 63 along with other officials, including the foreign minister. Raisi was a hardline cleric who helped oversee the mass executions of thousands in 1988 and later served as head of the judiciary before becoming president in 2021 in a carefully managed election. The helicopter crashed in foggy, mountainous regions of northwest Iran, and search teams spent hours locating the crash site. Raisi was seen as a protege of Supreme Leader Khamenei and helped clear opposition candidates from the 2021 election. His election occurred during heightened tensions between Tehran and Washington, triggered by President Donald Trump's 2018 decision to withdraw the U.S. from a nuclear agreement with Iran.")
_fresh-aerial-footage-over-the-new-housing-development-at-the-former-royal-hospital-site-wolverhampton.webp "Fresh aerial footage over the new housing development at the former Royal Hospital site, Wolverhampton.")
⏲ 1:23 👁 1.8M
_mum-explains-why-she39s-paying-her-son-to-do-well-in-his-gcses.webp "<p>Lynn Beattie's decision to reward her son's results has sparked a debate online about whether exams should be incentivised.</p><br/><p>Credit: SWNS</p>")
_richard-madeley-admits-he-was-39mad39-to-do-this-morning-bear-segment.webp "<p>Richard Madeley admitted he was 'mad' to do This Morning bear segment. </p><br/><p>Credit: This Morning / ITV / ITVX</p>")
_royal-national-lifeboat-institution-demonstrates-float-to-live-technique.webp "<p>The Royal National Lifeboat Institution launches its Float to Live campaign, demonstrating what to do if you fall into water unexpectedly.</p><br/><p>Credit: Royal National Lifeboat Institution</p>")
_john-torode-divides-this-morning-viewers-with-lesson-on-how-to-make-a-sandwich.webp "<p>John Torode taught This Morning viewers how to make a sandwich.</p><br/><p>Credit: This Morning / ITV / ITVX</p>")
_reuben-owen-confirms-split-from-girlfriend-sarah.webp "<p>Reuben Owen confirmed his split from his girlfriend Sarah while appearing on Lorraine.</p>")
Related Video Searches
Back to Search
Search Videos
Recent Searches
×
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
_first-minister-admits-situation-at-donation-firm-site-not-acceptable.jpg)
_hardline-iranian-president-ebrahim-raisi-dies-in-tragic-helicopter-crash.jpg)
_fresh-aerial-footage-over-the-new-housing-development-at-the-former-royal-hospital-site-wolverhampton.jpg)
_mum-explains-why-she39s-paying-her-son-to-do-well-in-his-gcses.jpg)
_richard-madeley-admits-he-was-39mad39-to-do-this-morning-bear-segment.jpg)
_royal-national-lifeboat-institution-demonstrates-float-to-live-technique.jpg)
_john-torode-divides-this-morning-viewers-with-lesson-on-how-to-make-a-sandwich.jpg)
_reuben-owen-confirms-split-from-girlfriend-sarah.jpg)
❮❯
1 / 10
2 / 10
Play Video: (Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
3 / 10
4 / 10
5 / 10
6 / 10
7 / 10
8 / 10
9 / 10
10 / 10
![[+]](/images/menu.gif){kind=small}