_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 tiaa company info 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: 695K times
✓ Published: 20-May-2024
👁 View: 695K 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
_is-it-time-to-sell-alibaba-baba-stock-amp-tencent-stock.webp "Tay Chi Keng")
_how-this-printer-company-makes-copies-of-cameras.webp "This is the new $1,067 Ricoh GR III HDF. It’s a pocket-sized point and shoot camera with a 24.2-megapixel APS-C sensor and a fixed super sharp 28mm f/2.8 lens. It is almost an exact copy of the GR III that came out in March of 2019. But what makes it worth talking about today is the new “HDF” part of its name. It stands for high diffusion filter. Where previous Ricoh cameras had a built in ND filter, which you can think of as sunglasses for your camera that minimize the amount of light hitting the sensor, the GR III HDF has a highlight diffusion filter instead.")
_5-reason-not-to-buy-an-annuity.webp "Money Evolution")
_retirement-annuities-should-you-buy-an-income-annuity-spia-in-retirement.webp "Rob Berger")
⏲ 37 minutes 19 seconds 👁 50.4K
_avoid-this-huge-mistake-with-tiaa-traditional.webp "TIAA Simplified for HigherEd")
_funding-your-retirement-with-an-annuity-does-it-make-sense.webp "Parallel Wealth")
_company-director-charged-with-cheating-pensioner-involving-rm1-5-million.webp "A director of an engineering company pleaded not guilty in the Kuala Lumpur Sessions Court on Friday (May 17) to a charge of cheating a pensioner over a supply project for Petronas involving RM1.5 million last year.<br/><br/>Yusmadi Yusof@Othman, 43, was charged with cheating Tan Sri Mohd Khamil Jamil, 68, by deceiving the latter into believing that the project was profitable, while the accused knew that there was no approval letter from Petronas regarding the project.<br/><br/>Read more at https://tinyurl.com/5n8h33wk<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline")
_tiaa-employee-benefits-124-benefit-overview-summary.webp "BAM BenefitsAccountManager")
_is-it-time-to-sell-alibaba-baba-stock-amp-tencent-stock.jpg)
_how-this-printer-company-makes-copies-of-cameras.jpg)
_5-reason-not-to-buy-an-annuity.jpg)
_retirement-annuities-should-you-buy-an-income-annuity-spia-in-retirement.jpg)
_avoid-this-huge-mistake-with-tiaa-traditional.jpg)
_funding-your-retirement-with-an-annuity-does-it-make-sense.jpg)
_company-director-charged-with-cheating-pensioner-involving-rm1-5-million.jpg)
_tiaa-employee-benefits-124-benefit-overview-summary.jpg)
![[+]](/images/menu.gif){kind=small}