It is no surprise that Canadian ETF launches slowed to a halt for the month of December as most issuers concentrated activity in distribution announcements to close out the year. Based on the Scotia ETF EDGE reports from December 2 to December 29, spanning a four-week period, Canadian ETFs saw an inflow of $3.3 billion,
Why green cryptocurrency? The global cryptocurrency market is projected to grow from $910.3 million in 2021 to $1,902.5 million in 2028 at a CAGR of 11.1% in 2021-2028, as per insights from Fortune Business Insights, a market research platform. Reportedly, Bitcoin currently consumes around 110 Terawatt Hours per year, which is 0.55% of global electricity
In a significant development for the world’s largest cryptocurrency and the broader crypto industry, the US securities regulator has given the green light to the first US-listed exchange-traded funds (ETFs) that track bitcoin, according to Gary Gensler, the Chair of the US Securities and Exchange Commission (SEC). The SEC has approved 11 applications, including those
Published: Jan. 7, 2024 at 3:38 p.m. ET Don’t miss these top mutual fund and ETF features: INVESTING NEWS & TRENDS This ETF’s strategy has been working, and the numbers point to continued success A combination of low price-to-earnings valuation and high expected growth rates can set up good performance over the long term. Read
Bitcoin surpassed $45,000 for the first time in nearly two years as anticipation of an approval of an exchange-traded fund investing directly in the biggest token intensified. The cryptocurrency jumped as much as 4% to its highest level since April 6, 2022 and traded at $44,844 as of 9:45am. Singapore time. Other tokens also advanced
Published: Dec. 23, 2023 at 3:15 p.m. ET Don’t miss these top money and investing features: INVESTING NEWS & TRENDS ‘The switch was flipped’: ETF flows pick up as stocks, bonds head for 2023 gains U.S. stocks and bonds are up in 2023, in a big rebound from a brutal 2022. Read More Star stockpickers
These mutual-fund and ETF investing tips can keep your portfolio out of a deep freeze
Published: Feb. 2, 2024 at 4:25 p.m. ET Don’t miss these top money and investing features: Investing news and trends Tesla’s stock had its worst month in a year, but Cathie Wood’s ETFs kept buying The ARK Innovation and ARK Net Generation exchange-traded funds bought more than $150 million in Tesla shares in January. Read