Gemini's Patrick Liou Reveals Insights on Crypto ETFs, Gender Inequality, and Regulatory Clarity

Gemini's Patrick Liou Reveals Insights on Crypto ETFs, Gender Inequality, and Regulatory Clarity

Reinout te Brake | 11 Sep 2024 12:31 UTC

Regulatory Clarity Across Regions

While the US regulatory landscape remains unclear, Liou sees promise in regions like the European Union (EU).

The EU’s news/what-you-need-to-know-about-new-mica-stablecoin-rules/">Markets in crypto-Assets Regulation (MiCA) is setting the stage for more transparent regulations, offering investors and service providers a clearer path.

MiCA will provide comprehensive guidelines on crypto service providers, including exchanges and wallets. The regulation will also cover ICO issuers and limit retail clients’ leverage to 1:2 on crypto derivatives.

“Many are hopeful that other countries will follow suit,” Liou added, referencing MiCA as a potential model for the global crypto ecosystem.

Regions with established regulations, like the EU, could provide the confidence needed to support the crypto industry’s growth worldwide.

Spot crypto ETFs: A Gateway for New Investors

The growth of spot crypto ETFs has opened doors for new investors, many of whom were previously hesitant to invest through crypto-native platforms.

According to Patrick Liou, Gemini’s research shows that over one in ten crypto holders exclusively access the market through ETFs.

“We expect this number to grow,” he stated, noting that many institutional investors are still completing due diligence before entering this space.

news/u-s-spot-bitcoin-etfs-see-28m-in-inflows-breaking-eight-day-outflow-streak/">US Spot ETFs are currently limited to major cryptocurrencies like bitcoin and ethereum, but Liou believes these products could facilitate broader crypto adoption.

“ETFs can introduce investors to new opportunities like DeFi and stablecoins,” Liou added, highlighting how the ecosystem may evolve beyond the leading digital assets.

Closing the Gender Gap in crypto Ownership

Liou also tackled the issue of gender disparity in crypto adoption, where, despite the progress made, women still represent a smaller portion of the pie than men.

“Although the gender gap still exists, women are just as likely as men to buy and hold crypto for the long term,” Liou explained.

He pointed to crypto-2024">Gemini’s report, which shows positive signs of readoption among women in recent months.

Liou believes that education is key to increasing engagement among female investors.

“A significant opportunity lies in educating both men and women about the technology,” he said.

To this end, educational resources on platforms like CryptoNews and Gemini’s Cryptopedia are crucial in bridging the knowledge gap.

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