_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 flood full movie 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: 5.4M times
✓ Published: 20-May-2024
👁 View: 5.4M 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
_dr-zaliha-impact-assessment-studies-planned-for-development-near-kg-bohol-flood-retention-pond.webp "The necessary impact assessment studies, including traffic and environmental, will be carried out before approval is given for the development near Kampung Bohol Flood Retention Pond in Kuala Lumpur.<br/><br/>Following a briefing and site visit to the pond on Monday (May 20), Minister in the Prime Minister’s Department (Federal Territories) Dr Zaliha Mustafa said that the upgrading of the pond is a priority to ensure floods do not reoccur.<br/><br/>Read more at https://tinyurl.com/52rmttxn<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline<br/>")
⏲ 6:7 👁 4.1M
_dramatic-moment-lightning-struck-a-mountain-in-wales.webp "A dramatic photo shows the moment lightning struck a mountain in Wales.<br/><br/>Stephanie Hurford, 34, from Rhos in North Wales captured the image of a lightning bolt hitting Drummau Mountain on her drive home from work on May 21, 2024.<br/><br/>She said: \")
_powerful-storms-sweep-from-the-plains-to-the-southeast.webp "From reported tornadoes in Texas to flooding in Kentucky, severe storms affected millions of Americans on May 22.")
_spooky-silliness-cotton-critter-causes-chaos-in-the-bedroom.webp "As these two friends were getting ready to leave the room, they noticed a window wide open, letting in the fresh breeze.<br/><br/>They hurried to close it, but as they stepped down from the bed, they both froze in fear.<br/><br/>They thought they saw a gigantic spider lurking on the floor.<br/><br/>Their hearts raced, and they hesitated to move closer until one of them bravely approached and discovered it was just a clump of cotton.<br/><br/>Relief flooded over them as they laughed at their overreaction.<br/>Location:Nottingham, United Kingdom <br/>WooGlobe Ref : WGA690732<br/>For licensing and to use this video, please email licensing@wooglobe.com")
_after-five-years-three-bridges-and-two-floods-a-permanent-mersey-river-crossing-is-now-open.webp "After enduring a years-long saga complicated by floods, the construction of a mountain biking bridge across the River Mersey in Tasmania's northwest is finally nearing completion. This eagerly anticipated project will soon be open, allowing the region's enthusiastic cyclists to cross the bridge. Notably, the bridge is also a record breaker, setting new standards for cycling infrastructure in the area.")
⏲ 2:4 👁 2.6M
_southern-us-accumulated-rainfall.webp "The Southern US is expected to accumulate significant rain over the next several days.")
_cynthia-nixon-says-sex-and-the-city-cast-were-flooded-with-hate-over-show.webp "Reflecting on the reaction to the show when it first aired, Cynthia Nixon has said she and the ‘Sex and the City’ cast were bombarded with hate over its sexual content.")
_met-office-afternoon-weather-forecast-2292-0592-24-multiple-warnings-issued.webp "Heavy and persistent rain will affect much of the UK today, generally focused over central, eastern and northern parts with the risk of flooding impacts. Drier and brighter across the far south of England with sunny intervals but scattered heavy showers with the risk of a few thunderstorms. Feeling cool under the cloud and rain – This is the Met Office UK Weather forecast for the afternoon of 22/05/24. Bringing you today’s weather forecast is Alex Burkill")
_dr-zaliha-impact-assessment-studies-planned-for-development-near-kg-bohol-flood-retention-pond.jpg)
_dramatic-moment-lightning-struck-a-mountain-in-wales.jpg)
_powerful-storms-sweep-from-the-plains-to-the-southeast.jpg)
_spooky-silliness-cotton-critter-causes-chaos-in-the-bedroom.jpg)
_after-five-years-three-bridges-and-two-floods-a-permanent-mersey-river-crossing-is-now-open.jpg)
_southern-us-accumulated-rainfall.jpg)
_cynthia-nixon-says-sex-and-the-city-cast-were-flooded-with-hate-over-show.jpg)
_met-office-afternoon-weather-forecast-2292-0592-24-multiple-warnings-issued.jpg)
![[+]](/images/menu.gif){kind=small}