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<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>

Bitcoin ETFs poised for inflows from US pension plans, Standard Chartered analyst says | Future Focus

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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

Company director charged with cheating pensioner involving RM1.5 million

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Nintendo President Shuntaro Furukawa has vowed the company will continue to support physical media as digital-only gaming dominates the industry.

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Nuveen (A TIAA Company) invests in the Aavishkaar-Intellecap Group

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