Tuesday, March 21, 2023
cryptonews100
No Result
View All Result
CryptoNews100
No Result
View All Result
Home Market & Analysis

$20 trillion of managed money could drive ETF demand, CEO says

cryptonews100_tggfrn by cryptonews100_tggfrn
October 30, 2021
in Market & Analysis
0
$20 trillion of managed money could drive ETF demand, CEO says
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


Change-traded fund traders are getting much more involved in cryptocurrency publicity — and the arrival of issues like bitcoin futures ETFs could result in a requirement explosion, one CEO says.

“The celebrities are aligning proper now for demand for crypto allocation within the advisor neighborhood whenever you have a look at 30 years of declining rates of interest and … what that does to your fixed-income allocation,” ETF Traits CEO Tom Lydon instructed CNBC’s “ETF Edge” this week.

“With inflation, with the demand for different investments and the present development within the cryptocurrency space, there’s rather a lot of stress on advisors to take a stake,” he stated within the Monday interview.

Eighty-one % of monetary advisors stated they obtained questions on crypto in 2020, up from 76% in 2019, in a survey performed by Bitwise Asset Administration and ETF Traits. The quantity of advisors who allotted to crypto of their shoppers’ portfolios rose to 9.4% from 6.3%, the survey discovered.

With ProShares and Valkyrie Funds’ new bitcoin futures ETFs already making waves, such merchandise could be the important thing to unlocking trillions of {dollars} in investor demand, Lydon stated.

“There’s this complete center market the place monetary advisors handle about $20 trillion that basically do not have the perfect answer proper now. And proper now, it seems that the futures-based ETF may be that,” he stated. “That is actually the place the lion’s share of the demand shall be coming.”

The U.S. ETF market at the moment accounts for roughly $6.5 trillion in belongings underneath administration. The crypto alternative for ETF suppliers and advisors alike is substantial: a $2 trillion market with 200 million customers.

Add to that bitcoin’s perceived hedging energy towards rising inflation — 25% of advisors noticed it as an inflation hedge within the Bitwise/ETF Traits’ survey this yr, up from simply 9% final yr — and international locations akin to El Salvador adopting it as foreign money, and the crypto craze is probably going nonetheless within the early innings, Lydon stated.

“There are extra those who need to get bitcoin of their arms not directly and it does not appear to be waning anytime quickly,” he stated.

Disclaimer



Source link

Related articles

Investors shelter in short-term Treasurys, reducing Bitcoin’s chance of rallying to $30K

Investors shelter in short-term Treasurys, reducing Bitcoin’s chance of rallying to $30K

March 21, 2023
Trezor crypto wallet’s move into the semiconductor business isn’t for everyone

Trezor crypto wallet’s move into the semiconductor business isn’t for everyone

March 21, 2023
spot and derivatives trading, low fees! Use VPN to Spain if in US.
Tags: CEOdemanddriveETFManagedMoneytrillion
Share76Tweet47
kucoin-exchange

Related Posts

Investors shelter in short-term Treasurys, reducing Bitcoin’s chance of rallying to $30K

Investors shelter in short-term Treasurys, reducing Bitcoin’s chance of rallying to $30K

by cryptonews100_tggfrn
March 21, 2023
0

The value of Bitcoin (BTC) surpassed $28,000 on March 21, however in accordance to two derivatives metrics, merchants aren’t very...

Trezor crypto wallet’s move into the semiconductor business isn’t for everyone

Trezor crypto wallet’s move into the semiconductor business isn’t for everyone

by cryptonews100_tggfrn
March 21, 2023
0

Crypto pockets maker Trezor lately determined to begin manufacturing its personal {hardware} pockets chips to reply rapidly to demand-triggering occasions...

Solana (SOL) Falls 0.02%, Underperforms the Crypto Market Thursday – InvestorsObserver

Credit Suisse’s Buyout Shows Banks Still Have a Banking Problem – CoinDesk

by cryptonews100_tggfrn
March 20, 2023
0

Credit Suisse’s Buyout Shows Banks Still Have a Banking Problem  CoinDesk Source link

These 5 cryptocurrencies may continue to surprise to the upside

These 5 cryptocurrencies may continue to surprise to the upside

by cryptonews100_tggfrn
March 20, 2023
0

Bitcoin (BTC) is on monitor to shut the week with gains of more than 23%. The banking disaster in the...

What’s next for political crypto donations

What’s next for political crypto donations

by cryptonews100_tggfrn
March 19, 2023
0

On Jan. 25, the Committee on Elections launched a invoice to the Kansas Home of Representatives geared toward capping political...

Load More

Crypto Fear & Greed Index

Latest Crypto Fear & Greed Index

Recent News

OKX latest proof of reserves reveals $8.9B in assets

OKX latest proof of reserves reveals $8.9B in assets

March 21, 2023
Solana (SOL) Falls 0.02%, Underperforms the Crypto Market Thursday – InvestorsObserver

Ethereum-Based SpankPay Shuts Crypto Payment Service – BeInCrypto

March 21, 2023
Solana (SOL) Falls 0.02%, Underperforms the Crypto Market Thursday – InvestorsObserver

Code Green Apparel (CGAC) Provides Shareholder Update Following Change in Control, Acquisition of Bitcoin Mining Assets and “Shell Company” Status Upgrade – Yahoo Finance

March 21, 2023

Categories

  • Alt Coins
  • Bitcoin
  • Blockchain
  • Cardano
  • Chainlink
  • Cryptocurrency
  • Dogecoin
  • Elon Musk
  • Ethereum
  • ICO
  • Litecoin
  • Market & Analysis
  • Pokadot
  • Polygon
  • Shiba Inu
  • Solana
  • The FED
  • Uncategorized
  • VeChain
  • XRP

Download the official CryptoNews100 Android App! Click the button below:

Tags

ADA (620) Big (586) Binance (373) Bitcoin (4256) blockchain (1040) BTC (713) Buy (507) Cardano (1445) ChainLink (489) coin (901) Cointelegraph (426) crypto (4062) Cryptocurrencies (499) Cryptocurrency (1806) Cryptos (398) DOGE (754) Dogecoin (1912) Elon (488) ETH (578) Ethereum (2355) eyes (462) Heres (402) Inu (1468) investors (411) Litecoin (704) LUNA (375) market (1410) Musk (408) News (1446) NFT (471) Polkadot (630) POLYGON (779) prediction (513) price (2383) prices (406) Ripple (499) SHIB (561) Shiba (1500) Solana (1174) Terra (418) today (637) token (506) top (763) VeChain (727) XRP (886)

© 2021 Crypto News100 All Rights Reserved.
By visiting this website, you understand that the content provided within is for educational and entertainment purposes only. Nothing on this site may be constituted as financial advice and this site is not directing you to make any investments in cryptocurrency or in anything else. Thank you for visiting and please proceed responsibly.
As an Amazon Associate I earn from qualifying purchases.

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Alt Coins
    • Cardano
    • Dogecoin
    • Litecoin
    • Pokadot
    • Polygon
    • Shiba Inu
    • Solana
    • XRP
    • VeChain
  • Market & Analysis
    • Blockchain
    • The FED
    • ICO
  • Profit with Crypto
    • Crypto Exchanges
    • Crypto Interest-Earning Accounts
    • Crypto Retirement Accounts

© 2021 Crypto News100 All Rights Reserved.
By visiting this website, you understand that the content provided within is for educational and entertainment purposes only. Nothing on this site may be constituted as financial advice and this site is not directing you to make any investments in cryptocurrency or in anything else. Thank you for visiting and please proceed responsibly.
As an Amazon Associate I earn from qualifying purchases.