_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 spot mortadella favola 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: 5.7M times
✓ Published: 20-May-2024
👁 View: 5.7M 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
_deadpool-amp-wolverine-movie-best-bubs.webp "Deadpool & Wolverine Movie - Best bubs!<br/> - Check out the new tickets on sale TV spot for Deadpool & Wolverine starring Hugh Jackman and Ryan Reynolds! <br/><br/>US Release Date: July 26, 2024<br/>Starring: Ryan Reynolds, Hugh Jackman, Morena Baccarin<br/>Director : Shawn Levy<br/>Synopsis: Deadpool's peaceful existence comes crashing down when the Time Variance Authority recruits him to help safeguard the multiverse.")
_kick-it-with-karyn.webp "National Women's captain Karyn Forbes is taking some time for herself ahead of the National teams upcoming tournament as she gets set to host her annual Kick it with Karyn football tournament.<br/><br/>Forbes says the competition played in her home community Plymouth, will be bigger and better this time around and believes it continues to serve its function to build communities and spot talent.")
_cannibal-cme-solar-flares-and-sunspots.webp "After witnessing the array of Northern Lights as far south as Colorado, we discuss how Coronal Mass Ejections (CME) are formed and what impact they have on Earth.")
_dozens-of-gop-politicians-defend-trump-outside-his-hush-money-trial.webp "GOP politicians are flocking to Donald Trump's hush money trial in New York to show support, with some hoping for a spot on his presidential ticket.")
_39ncis39-may-have-set-parker-up-with-a-new-love-interest-but-we39re-annoyed-by-how-the-new-episode-wasted-a-39star-trek3.webp "Warning: SPOILERS for the \")
_hot-gas-bubble-found-orbiting-milky-way39s-supermassive-black-hole.webp "Astronomers using the Atacama Large Millimeter/submillimeter Array (ALMA) in Chile have discovered \")
_deadpool-amp-wolverine-movie-best-bubs.jpg)
_kick-it-with-karyn.jpg)
_cannibal-cme-solar-flares-and-sunspots.jpg)
_dozens-of-gop-politicians-defend-trump-outside-his-hush-money-trial.jpg)
_39ncis39-may-have-set-parker-up-with-a-new-love-interest-but-we39re-annoyed-by-how-the-new-episode-wasted-a-39star-trek3.jpg)
_hot-gas-bubble-found-orbiting-milky-way39s-supermassive-black-hole.jpg)
![[+]](/images/menu.gif){kind=small}