_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 my pension belgique 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: 760K times
✓ Published: 20-May-2024
👁 View: 760K 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
_there39s-billions-of-unclaimed-cash-have-you-forgotten-about-money-in-investments-tax-rebates.webp "Could you be sitting on a goldmine of forgotten savings, pensions and investments? We explain to track down your lost cash")
⏲ 3:50 👁 1.8M
_mypension-online.webp "My Retirement Home")
_how-safe-is-my-pension.webp "Scottish Widows")
_struggling-households-hoping-for-cost-of-living-relief.webp "Many households will want tonight's budget to deliver a reprieve to the rising cost of living. Whether you're a renter, paying off a mortgage, or keeping your car on the road, costs are on the rise.")
_pensions-de-retraite-en-retard-la-cnr-rvle-tout.webp "Flash info")
_stride-no-doubt-police-will-look-at-infected-blood-report.webp "Work and Pensions Secretary Mel Stride says he has 'no doubt' that police will look Infected Blood report to see if any criminal charges can be brought about. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn")
_how-much-will-my-pension-pay-me-different-fund-sizes.webp "Chris Bourne")
_belgique-bientt-un-bonus-pension-pour-les-prpensionns-prts-retravailler-qr-le-dbat.webp "RTBF")
⏲ 3 minutes 33 seconds 👁 676
_there39s-billions-of-unclaimed-cash-have-you-forgotten-about-money-in-investments-tax-rebates.jpg)
_mypension-online.jpg)
_how-safe-is-my-pension.jpg)
_struggling-households-hoping-for-cost-of-living-relief.jpg)
_pensions-de-retraite-en-retard-la-cnr-rvle-tout.jpg)
_stride-no-doubt-police-will-look-at-infected-blood-report.jpg)
_how-much-will-my-pension-pay-me-different-fund-sizes.jpg)
_belgique-bientt-un-bonus-pension-pour-les-prpensionns-prts-retravailler-qr-le-dbat.jpg)
![[+]](/images/menu.gif){kind=small}