U.Today – Peter Brandt, recognised by many as a trading legend, has issued a crucial advisory regarding leveraged and inverse exchange-traded funds, or ETFs for short. Long story short, the trader expressed a strong aversion to these financial instruments, likening them to gambling. Why? He emphasizes that these ETFs representContinue Reading
U.Today – The crypto market is gearing up for a potential turnaround in July, which will be fueled by several crucial factors. Here are five major indicators to watch: Federal Reserve’s potential rate cuts The Federal Reserve may cut interest rates as early as September, according to recent rumors, andContinue Reading
RiverNorthPhotography/iStock Unreleased via Getty Images T. Rowe Price Group’s (NASDAQ:TROW) first federally tax-free municipal bond exchange-traded fund, the Intermediate Municipal Income ETF (TAXE), started trading Wednesday on the Nasdaq The new fund’s strategy focuses on investment-grade intermediate-term municipal bonds with a weighted average effective maturity of four to 12 years.Continue Reading
U.Today – High-profile figures in the crypto industry underscore the continued investor interest in despite recent price fluctuations, Binance CEO Richard Teng said in a new X post. As evidence of this continued interest he pointed to the significant inflows into the U.S.-listed Bitcoin ETFs. Over the past six months,Continue Reading
Investing.com– Bitcoin price rose marginally from recent losses on Tuesday, although sentiment remained on edge over a potential spike in token supply, while Ether rose sharply amid speculation that a spot exchange-traded fund was close. The world’s largest cryptocurrency was nursing steep losses over the past two weeks, having hitContinue Reading
Investing.com — Ether rose to highs of the day Monday as traders digested reports that the Securities and Exchange Commission could deliver its decision on whether to approve U.S. spot-ether ETFs as soon as next week, CNBC reported Monday. rose 2% to 3,018.80 Following the SEC’s approval of spot ETH 19b-4Continue Reading
U.Today – Financial commentator and critic Peter Schiff in a recent post on X provided insight into the world’s leading digital asset. As per his take, the plunge in Bitcoin price will not crash below the current level as Bitcoin ETF buyers are yet to panic. Schiff: Resilient Bitcoin ETFContinue Reading
U.Today – As is already known, the SEC has acknowledged receipt of the 19b-4 filing for the Hashdex Nasdaq Crypto Index U.S. ETF. If approved by early March 2025, it will notably include both and in its portfolio. The term “19b-4” refers to a specific rule under the Securities ExchangeContinue Reading
Exchange-traded funds had a strong June, according to Citi Research, as the space was able to pull in net new money on the month. The brokerage compiled the following statistics for the month of June: cross asset funds attracted $75.7B, domestic equity funds amassed a total of $41.2B, global/international equityContinue Reading
Nastassia Samal The world’s largest exchange-traded fund by AUM, the SPDR S&P 500 ETF Trust (NYSEARCA:SPY), witnessed a net inflow of $16.7B in the final week of June. 3 out of 4 weeks in June saw an outflow. Overall, the SPY fund (SPY) wrapped up an outflow of $9.6B forContinue Reading
