_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 definition of language analysis 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: 5.8M times
✓ Published: 20-May-2024
👁 View: 5.8M 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
_vodafone-using-sim-card-tech-for-blockchain-based-digital-wallets-on-mobile-phones-124-future-focus.webp "<p>On this week's episode of Yahoo Finance Future Focus, our host Brian McGleenon delves into the world of blockchain technology with Vodafone Blockchain Lead and PairPoint CPO David Palmer. Palmer shed light on Vodafone's approach to integrating blockchain with mobile phone technology, specifically through the utilisation of sim cards.He began by highlighting the sheer scale of mobile phone usage, with an expected 8 billion devices in operation by 2023, and then emphasised the pivotal role of mobile phones as the primary gateway to digital applications and commerce, underscoring the importance of leveraging sim card technology for blockchain integration.The discussion turned to the forecasted mass adoption of blockchain-based digital wallets on mobile phones, with Palmer forcasting a surge to 5.6 billion wallets by 2030.The episode delved into Vodafone's PairPoint Digital Asset Broker (DAB) platform, providing insights into how the platform facilitates seamless transactions across public blockchains like Ethereum, as well as private ones, and how it empowers IoT devices with decentralised digital identities.</p>")
⏲ 5:8 👁 6.3M
_escaping-as-the-ceo39s-wife.webp "Escaping as the CEO's Wife")
_how-to-master-romanian-language-for-pubgmobile.webp "Learn how to master the Romanian language for PUBG Mobile in this helpful video guide. Improve your communication skills and strategy in the game with these language tips!")
_look-what-you-made-me-do-full-movie.webp "Look What You Made Me Do Full Movie")
_the-world-today-on-cgtn-at-202492-592-25.webp "News and analysis of the biggest business stories from China and across the world. Brought to you from CGTN's European headquarters in London. Watch live each day at 16:00GMT.")
_bitcoin-etfs-poised-for-inflows-from-us-pension-plans-standard-chartered-analyst-says-124-future-focus.webp "<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>")
⏲ 5:6 👁 5.8M
_escaping-as-the-ceo39s-wife.webp "Escaping as the CEO's Wife")
_ms-janitor-turned-ceo-full-story.webp "Ms. Janitor Turned CEO full Story")
_vodafone-using-sim-card-tech-for-blockchain-based-digital-wallets-on-mobile-phones-124-future-focus.jpg)
_escaping-as-the-ceo39s-wife.jpg)
_how-to-master-romanian-language-for-pubgmobile.jpg)
_look-what-you-made-me-do-full-movie.jpg)
_the-world-today-on-cgtn-at-202492-592-25.jpg)
_escaping-as-the-ceo39s-wife.jpg)
_ms-janitor-turned-ceo-full-story.jpg)
![[+]](/images/menu.gif){kind=small}