Marianne Ayala/Insider
Asset managers are building new products to satisfy growing investor demand for cryptocurrencies.
Crypto s high carbon emissions are a stumbling block for some, one exec told Insider.
Here s a look at how different asset managers are addressing those concerns.
US investors are hungry for cryptocurrency, evidenced by bitcoin s rapid rise to a market capitalization of more than $1 trillion and the crypto giant Coinbase s recent initial public offering, which blew investors expectations away.
In addition, the US Securities and Exchange Commission is reviewing at least nine applications for the first domestic crypto exchange-traded fund.
As asset managers build new products to satisfy the growing demand for crypto, they could have to reckon with another trend popular among some investors sustainability. Bitcoin notoriously consumes more energy than Argentina due to its onerous mining process, and its energy use is only going up,
There s short-term pressure : Meeting investor demand in clean energy citywireselector.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from citywireselector.com Daily Mail and Mail on Sunday newspapers.
New Research Finds A Majority Of Institutional Investors Believe The Nasdaq Next Generation 100 Index Will Outperform The Nasdaq-100 Date
New research
1 commissioned by Invesco has found a majority (58%) of European institutional investors believe the Nasdaq Next Generation 100 Index will outperform the Nasdaq-100 over the next three years. Of this, more than a quarter (29%) think this is very likely. The Nasdaq Next Generation index, launched in August last year, offers targeted exposure to the eligible 101st to 200th largest securities listed on the Nasdaq stock market.
Three fifths (62%) of respondents to the survey agreed that the technology boom has only just begun and the constituent firms of the Nasdaq Next Generation index are best placed to capitalise. Two thirds (65%) said the firms are focused on exciting new technologies, products and innovation while just over half (54%) said the firms in the index have the potential to outperform significantly given they
Heading in the right direction: where next for the clean energy story? citywireselector.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from citywireselector.com Daily Mail and Mail on Sunday newspapers.
Jeremy McKenzie, 55, verbally abused partner, named as Dr A, on a daily basis
He once fell on top of the mother-of-two while he was drunk, a tribunal heard
He became embroiled in a bitter feud with her over a pedigree pet cat
Dr A claimed he told her she could have it when behaviour was good enough
Medical Practitioners Tribunal Service cleared him of physical abuse
Found guilty of serious misconduct and suspended from practising for 3 months