ETFdb Logo
ETFdb Logo
  • ETF Database
  • Channels
    • Themes
      • Active ETF
      • Artificial Intelligence
      • Beyond Basic Beta
      • China Insights
      • Climate Insights
      • Core Strategies
      • Crypto
      • Direct Indexing
      • Disruptive Technology
      • Energy Infrastructure
      • ETF Building Blocks
      • ETF Investing
      • ETF Education
      • ETF Strategist
      • Financial Literacy
      • Fixed Income
      • Free Cash Flow
      • Innovative ETFs
      • Institutional Income Strategies
      • Leveraged & Inverse
      • Managed Futures
      • Market Insights
      • Modern Alpha
      • Multifactor
      • Responsible Investing
      • Retirement Income
      • Tax Efficient Income
    • Asset Class
      • Equity
        • U.S. Equity
        • Int'l Developed
        • Emerging Market Equities
      • Alternatives
        • Commodities
        • Gold/Silver/Critical Minerals
        • Currency
        • Volatility
      • Fixed Income
        • Investment Grade Corporates
        • US Treasuries & TIPS
        • High Yield Corporates
        • Int'l Fixed Income
    • ETF Ecosystem
    • ETFs in Canada
  • Tools
    • ETF Screener
    • ETF Country Exposure Tool
    • ETF Sector Tracker Tool
    • ETF Database Categories
    • Head-To-Head ETF Comparison Tool
    • ETF Stock Exposure Tool
    • ETF Issuer Fund Flows
    • Indexes
    • Mutual Fund To ETF Converter
  • Research
    • ETF Education
    • Equity Investing
    • Dividend ETFs
    • Leveraged ETFs
    • Inverse ETFs
    • Index Education
    • Index Insights
    • Top ETF Sectors
    • Top ETF Issuers
    • Top ETF Industries
  • Webcasts
  • Themes
    • AI ETFs
    • Blockchain ETFs
    • See all Thematic Investing ETF themes
    • ESG Investing
    • Marijuana ETFs
  • Multimedia
    • ETF 360 Video Series
    • ETF of the Week Podcast
    • ETF Prime Podcast
    • Video
  • Company
    • About VettaFi
    • Get VettaFi’ed
  • PRO
    • Pro Content
    • Pro Tools
    • Advanced
    • FAQ
    • Pricing
    • Free Sign Up
    • Login
  1. Crypto Channel
  2. Professional Investors Support Crypto Regulation
Crypto Channel
Share

Professional Investors Support Crypto Regulation

Tom LydonAug 09, 2023
2023-08-09

As it pertains to many old guard industries, executives and investors alike shudder at the thought of increased regulations. When it comes to cryptocurrency, however, some market participants, including professionals, view more regulation as a good thing.

In recent years, some market observers viewed the cryptocurrency market as the “Wild West” — a feeling that was unfortunately fortified by the 2022 demise of FTX. Said another way, a dose of enhanced regulation could do cryptocurrency some good and have long-term benefits for exchange traded funds such as the Invesco Alerian Galaxy Crypto Economy ETF (SATO ) and the Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC ).

Data indicate that professional investors, particularly those in the U.S. and the U.K., are receptive to the idea of more regulations in the digital currency realm. A recent survey by London-based Nickel Digital Asset Management indicated that 92% of institutional investors support the “regulation by enforcement” approach employed by the Securities and Exchange Commission (SEC).

Another 90% believe the regulatory action taken by the Commission toward firms such as Binance and Coinbase (NASDAQ: COIN), a BLKC holding, will pay long-term dividends.

With Crypto, Regulations Could Help

The Nickel Digital survey queried professional money managers with a combined $3.5 trillion assets under management in the U.S., the U.K., Germany, Switzerland, Singapore, Brazil, and the United Arab Emirates.

In what could be a longer-ranging boon for assets such as BLKC and SATO and the broader crypto market, 41% of those pros believe the U.S. is showing signs of being “very committed” to robust crypto regulations, while another 55% believe the U.S. is “quite committed” to that cause.

“They believe the US will lead the way in developing robust regulation for the sector, with 53% selecting the country as the jurisdiction with the best approach narrowly ahead of 52% picking the UK and 49% the European Union. Around 26% selected Asia while 21% believe the Middle East will lead the way in crypto regulation,” according to Nickel Digital.

That’s relevant to BLKC and SATO because the ETFs are homes to primarily domestic stocks. So is the point that professional investors view the U.S. and the U.K. as the jurisdictions most committed to advancing and developing crypto markets.

“Institutional investors and wealth managers believe the UK and the US are the most committed to developing the digital asset markets with the ambition of becoming leading global centres for the sector. Around 54% questioned selected the UK while 50% picked the US among their top three countries,” concluded Nickel Digital.

For more news, information, and analysis, visit the Crypto Channel.


Content continues below advertisement

Loading Articles...
Our Sites
  • VettaFi
  • Advisor Perspectives
  • ETF Trends
Tools
  • ETF Screener
  • Mutual Fund to ETF Converter
  • Head-To-Head ETF Comparison
  • ETF Country Exposure Tool
  • ETF Stock Exposure Tool
  • ETF Database Pro
More Tools
  • Financial Advisor & RIA Center
Explore ETFs
  • ETF News
  • ETF Category Reports
  • Premium Articles
  • Alphabetical Listing of ETFs
  • Browse ETFs by ETF Database Category
  • Browse ETFs by Index
  • Browse ETFs by Issuer
  • Compare ETFs
Information
  • Contact Us
  • Terms of Use and Privacy Policy
  • © 2023 VettaFi LLC. All rights reserved.

Advertisement

Is Your Portfolio Positioned With Enough Global Exposure?

ETF Education Channel

How to Allocate Commodities in Portfolios

Tom LydonApr 26, 2022
2022-04-26

A long-running debate in asset allocation circles is how much of a portfolio an investor should...

Core Strategies Channel

Why ETFs Experience Limit Up/Down Protections

Karrie GordonMay 13, 2022
2022-05-13

In a digital age where information moves in milliseconds and millions of participants can transact...

}
X