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The Bitcoin Asia conference in Hong Kong attracted a significant crowd from mainland China this year, indicating a growing interest in bitcoin in the region. Organizers reported around 5,500 attendees for the two-day event, with around half coming from mainland China. Launch of Hong Kong Bitcoin spot exchange-traded funds (ETFs) could have been the main…
Getty The Securities and Exchange Commission’s approval of 11 spot bitcoin ETFs this week could be a turning point for cryptocurrency investing. Ark Invest CEO and Chief Investment Officer Cathie Wood is behind one of the new ETFs. Her firm partnered with 21Shares to launch the ARK 21Shares Bitcoin ETF. “We really believe this is an important moment…
Spot Bitcoin ETFs and spot Ethereum ETFs recently approved by the Hong Kong Securities and Futures Commission (SFC) have sparked discussions within the crypto community about potential price increases. Following the ETF news from Hong Kong, Willy Woo, co-founder and analyst at CMCC Crest, made a statement regarding the potential movement of Bitcoin‘s price. According to Woo, the new…
U.S. banking groups seek entry into Bitcoin spot ETFs, urging SEC for a rule change for participation in the market. Several prominent U.S. banking groups are actively pursuing entry into the Bitcoin Exchange-Traded Funds (ETFs) landscape, prompting a collective plea for a rule change to facilitate their participation in the bitcoin spot ETFs space.
The first gold exchange-traded fund was Gold Bullion Securities launched on the ASX in 2003, and the first silver exchange-traded fund was iShares Silver Trust launched on the NYSE in 2006. SPDR Gold Shares, a commodity ETF, is in the top 10 largest ETFs by assets under management. Purchases and sales of commodities by ETFs can significantly affect the price of such commodities. Per the International Monetary Fund, “some market participants believe the growing popularity of exchange-traded funds (ETFs) may have contributed to equity price appreciation in some emerging economies and warn that leverage embedded in ETFs could pose financial stability risks if equity prices were to decline for a protracted period.”
The young businessman tries to solve problems…getty We’ve seen a big bounce (and 12%+ dividends!) in one particular type of closed-end fund (CEF) this year—and all of my buy indicators sugges…
Asset managers continue to convert some of their mutual funds into exchange-traded funds. So what does that mean for investors? A 2019 change to the rules governing investment funds made it easier …
With both stocks and bonds falling sharply this year, investors becoming discouraged by a standard 60/40 portfolio are beginning to pile into one three-year-old ETF that has served as an effective …
Ava Labs President John Wu argues he hopes customers are able to get out of Celsius account freeze. Investors who have turned bearish on Bitcoin in light of its recent selloff will be able to take …
No matter where you sit in a business, you’ll likely have heard of environmental, social, and governance (ESG). Your peers in finance, legal/compliance, and risk will have heard of it a lot. And we…
Here’s a scorecard on eight ways to own crypto. The most intriguing: a low-cost coin trust available at a nice discount. Are you interested in virtual currency, now trading at half the price it had…
Biotech stocks face volatility but boast long-term potential. In 2020, it was the year for growth-oriented health care names as the world came to grips with coronavirus and hungered for potential treatments. But in 2021, as the pandemic matured and as some of the COVID-related successes were priced in, we saw many areas take a step back – including the once-popular sector of biotechnology.
The latest Commitments of Traders (COT) report issued Monday night by the Commodity Futures Trading Commission (CFTC) for the week ending Nov 23 revealed a three-fold increase in the number of short bitcoin futures contracts held by retail investors compared to the previous week. These holdings, called open interest, represent capital held at the CME as collateral for long and short trades.
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Prominent economist Peter Schiff expressed his views on the current state of Bitcoin (CRYPTO: BTC), stating that despite the hype surrounding spot Bitcoin ETFs, the crypto king is in a bear market. What Happened: In a Thursday post on X, Schiff compared Bitcoin's performance to gold, saying “Despite all the hype around the BitcoinETFs, Bitcoin is clearly in a bear market. It’s down 23%…
Getty BitcoinBTC 0.0% and cryptocurrencies—including top ten coins ethereum, XRPXRP 0.0% and solana—have fallen sharply despite a huge $10 trillion bitcoin price bet. The bitcoin price has dropped almost 10% over the last 24 hours, weighing on the price of ethereum, XRP, solana and other top ten cryptocurrencies, wiping around $100 billion from the combined crypto market following its bitcoin…
To paraphrase Japanese author Haruki Murakami, “What To Talk About When You Talk About Digital Assets,” would make a good book title and one with ample reading material. The problem is that unless it’s a history, it would quickly be irrelevant, since the world of digital assets evolves so rapidly. This time last year we were still in what is referred to as ‘crypto winter,’ and now the industry sits at a total market cap of over $2 trillion, with investors jumping onto the Bitcoin Exchange-Traded Funds (ETFs) bandwagon.
Getty BitcoinBTC 0.0% and cryptocurrencies—including top ten coins ethereum, XRPXRP 0.0% and solana—have fallen sharply despite a huge $10 trillion bitcoin priceBitcoinBTC 0.0% and cryptocurrencies—including top ten coins ethereum, XRPXRP 0.0% and solana—have fallen sharply despite a huge $10 trillion bitcoin price bet. The bitcoin price has dropped almost 10% over the last 24 hours, weighing on the price of ethereum, XRP, solana and other top ten cryptocurrencies, wiping around $100 billion from the combined crypto market following its bitcoin spot exchange-traded fund (ETF) surge. bet. The bitcoin price has dropped …
jamel toppin for forbes Stocks have recovered from last fall’s crash, low interest rates stretch out to the horizon and the VIX volatility index is half what it was at Christmas. Sit back and coast…
SOPA Images/Getty Images Fidelity Investments is well-known for being an investor-friendly outfit, with low-cost and even no-cost mutual funds. But the company also has a range of about 50 exchange…
Given the stock market’s performance this year, you may be thinking about taking some losses—otherwise known as tax loss harvesting. It’s a good strategy when investments in a taxable account decli…
For the past five years, cryptocurrency entrepreneurs have been in fierce disagreement with U.S. regulators over an existential question: whether certain digital assets are securities, or investmen…
Exchange-traded funds, or ETFs, and mutual funds are both investment products that represent a basket or collection of securities.”They provide investors access to underlying investments, lik…
Annual U.S. inflation rates reached 8.5% in March 2022, marking a 40-year high. With the prices of gas, foodstuffs and labor soaring, the Federal Reserve is anticipated to continue a series of aggr…
Investors can’t decide how they’re feeling about tech stocks right now. The Nasdaq 100 Technology Index has made sizable moves up and down recently — and now sits on a double-digi…
Just as you insure your home against the risk of fire and flood, so too can you insure another of your most valuable investments from risk: your retirement savings.
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