At Benzinga Event on the Future of Digital Assets, a panel of industry heavyweights explored two critical themes shaping the future of digital currencies: the impact of regulation and the ongoing challenge of investor education.
Moderated by Eric La Pagliathe discussion brought together experts from BlackRock, Grayscale Investments, FTSE Russell, And Galaxy to explain how financial products such as ETFs, options and futures can mitigate risk while improving accessibility to digital assets.
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Regulatory clarity: the turning point for the industry
The conversation frequently returns to the role of regulation in enabling broader adoption of digital assets. Paul Capelli of Galaxy highlighted the urgent need for consistent rules across the board, saying: “Once we have clear guardrails for the industry, it will become a more important thing than just education. » Cappelli emphasized that although investor awareness has improved, long-term participation requires a solid regulatory foundation.
Panelists also explored the link between regulation and institutional interest. Zach Pandl de Grayscale explained that many institutional actors remain hesitant due to a lack of clarity in the legal framework. He suggested that regulation could be a turning point, encouraging greater investment. “Now is the time to show the use cases and adoption cases that have long been theorized about,” he said, referring to how the industry’s demand for regulatory clarity must be met by actions.
Breaking down barriers: investor education
Education emerged as a recurring theme, with panelists recognizing that the complexity of digital assets can be intimidating for retail and institutional investors. Anthony Dixon of FTSE Russell stressed the importance of tailoring conversations based on the investor’s familiarity with the space. “You have to meet clients where they are, understand their risk tolerance and what they hope to achieve,” he explained.
Robert Mitchnick of BlackRock addressed the misinformation that has slowed the adoption process, highlighting speculative narratives that often create confusion. He advocated focusing on fundamentals, drawing attention to how products like Bitcoin ETFs help bridge the gap for investors who might otherwise be hesitant.
What’s next?
Panelists agreed that while education and regulation are distinct challenges, they are interconnected and equally critical to the future of the industry. As Mitchnick explains: “The opportunity isn’t just about creating new products, it’s also about making sure investors understand how to use them effectively. »
Providing a candid look at the state of the digital assets market, the panel highlighted the need for collaboration between regulators and industry players. With clear rules and a concerted effort to demystify digital assets, the path forward could become much less complex for institutional and retail investors.
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