_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 db company 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: 2.6M times
✓ Published: 20-May-2024
👁 View: 2.6M 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
_indian-smartphone-companies.webp "Indian smartphone companies Indian smartphone companies lost to Chinese competition because they did not invest in innovation Solution: Innovation Indian companies can make a comeback with better branding and government support")
_openai-co-founder-and-chief-scientist-ilya-sutskever-steps-down-leaves-company.webp "Ilya Sutskever, co-founder and chief scientist of OpenAI, is officially leaving the company. Sam Altman, CEO of OpenAI, announced Sutskever's departure and thanked him for his contributions to founding OpenAI and advancing its mission. Jakub Pachocki, director of research at OpenAI, will replace Sutskever as chief scientist. Sutskever said he would be working on a personally meaningful project, which he would announce details on later. Sutskever was involved in a failed coup last year to remove Sam Altman from his role at OpenAI.")
_new-updates-from-innovative-technology-company-critical-for-data-centers.webp "Dr. Michael Lebby, Chairman and CEO of Lightwave Logic, Inc., was recently a guest on Benzinga's All-Access.<br/><br/>Lightwave Logic develops proprietary engineered electro-optic (EO) polymers. These polymers transmit data at higher speeds with less power than current alternatives. The company's high-activity and high-stability organic polymers allow it to create next-generation photonic EO devices, which convert data from electrical signals into optical signals, critical to the functioning of the internet.<br/><br/>Dr. Lebby spoke about the exciting updates coming at the shareholder meeting on\\ May 22.")
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!)
_indian-smartphone-companies.jpg)
_openai-co-founder-and-chief-scientist-ilya-sutskever-steps-down-leaves-company.jpg)
_new-updates-from-innovative-technology-company-critical-for-data-centers.jpg)
❮❯
1 / 5
2 / 5
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 / 5
4 / 5
5 / 5
![[+]](/images/menu.gif){kind=small}