U.Today – The cryptocurrency market’s recovery was unsurprisingly followed by a wide range of inflows, starting from retail and ending with institutional investors. Various companies started pouring funds back into the market, hoping to catch a strong retrace. And they might be right. Nine ETFs added 1,661 BTC, or $95.82Continue Reading
Earlier this week, exchange-traded funds (ETFs) saw their highest buying activity since early June, when the original cryptocurrency traded above $73,000. In an interview with Investing.com, Bit Digital Inc (NASDAQ:) CEO Sam Tabar shared his insights about the positive reception of the 10 recently approved spot Bitcoin ETFs. He alsoContinue Reading
Earlier this week, exchange-traded funds (ETFs) saw their highest buying activity since early June, when the original cryptocurrency traded above $73,000. In an interview with Investing.com, Bit Digital CEO Sam Tabar shared his insights about the positive reception of the 10 recently approved spot Bitcoin ETFs. He also discussed theContinue Reading
Now that exchange-traded funds (ETFs) are trading on U.S. major bourses, top-tier asset managers who were previously unable to access crypto now have a way to invest in the original cryptocurrency. For the $30 trillion wealth management industry, this could mean a massive influx of funds. Blockchain expert Fiorenzo ManganielloContinue Reading
phongphan5922 Roth MKM has spotted two exchange-traded funds – the iShares Biotechnology ETF (IBB) and the iShares Expanded Tech-Software Sector ETF (IGV) – that appear ripe for upside moves, while outpointing another fund at risk of heading lower. The investment bank outlined its observations in a technical strategy note SundayContinue Reading
MicroStockHub/E+ via Getty Images Bitcoin (BTC-USD) is set to fall 5.2% on a weekly basis, as the robust demand buoyed by the creation of spot BTC ETFs earlier in the year has cooled. “Bitcoin is facing some short-term headwinds as the market fears sell pressure from governments and Mt. GoxContinue Reading
Torsten Asmus PGIM, the $1.34T investment management business of Prudential Financial (NYSE:PRU), has rolled out two exchange-traded funds tied to municipal bonds, it said on Friday. The new funds — PGIM Ultra Short Municipal Bond ETF (PUSH) and PGIM Municipal Income Opportunities ETF (PMIO) — will trade on NYSE Arca.Continue Reading
For the first week in three, the financial community found themselves to be overall net sellers of fund assets, which included both exchange traded funds and conventional funds for the week that ended June 19. In total, market participants removed $30B from the fund space. On the week, money marketContinue Reading
Jun. 27, 2024 5:15 PM ETEEM, LQD, TLT, EWW, FEZ, XLB, XLF, EWU, EZA, USO, GDX, XME, XRT, XOP, KRE, HEDJ, SOXX, KWEB, ASHR, JETS, SP500, COMP:IND, DJIBy: Carla Mozee, SA News Editor Michael M. Santiago/Getty Images News Barclays analysts listed the top 10 exchange-traded funds among their covered universeContinue Reading
BackyardProduction/iStock Editorial via Getty Images Exchange-traded fund investing directly in ether (ETH-USD), once cleared for trading, will likely attract slower demand than spot bitcoin (BTC-USD) ETFs, Bernstein said in a note early this week. “ETH should not see as much spot ETH conversion due to the lack of an ETHContinue Reading
