In 2023, the real estate sector showed resilience amid changing trends. Global economic recovery drove up demand for residential properties in India, thanks to low interest rates and a preference for smart living and luxurious ownerships. With India’s status as one of the world’s fastest-growing economies propelled by private spending and capital buildup, the real
Hong Kong’s Securities and Futures Commission has granted approvals for three spot Bitcoin and Ether exchange-traded funds. Following the conditional authorization, to become officially listed, the asset managers issuing the products will apply to Hong Kong Exchanges and Clearing, the SFC added. Initial approvals—conditional on products satisfying certain requirements and conditions—have been given to Harvest
The initial public offering market is showing signs of life again. And the optimism following the strong debuts for Reddit and AI cloud infrastructure company Astera Labs appears to be spreading. Case in point: A closed-end fund that invests in Elon Musk’s SpaceX, Fortnite maker Epic Games, OpenAI, fintech giants Stripe and Chime and other
LOS ANGELES, April 08, 2024–(BUSINESS WIRE)–The TCW Group, a leading global asset management firm, filed an initial registration statement in connection with two new active fixed income exchange-traded funds (ETFs) and the conversion of four active fixed income funds to ETFs. “We are excited to come to market with our first TCW branded fixed income
Will this be the year that cryptocurrency’s market capitalization surpasses the $5 trillion mark? Ripple CEO Brad Garlinghouse seems to think so. Speaking to CNBC Sunday (April 7), Garlinghouse said he expects the value of the crypto market to double in 2024, thanks to factors like the approval of the first U.S. spot bitcoin exchange-traded fund (ETFs) and the upcoming
Before investing in a mutual fund scheme, investors often examine the past returns of that scheme and compare them with the similar schemes that fall under the same category. Although past returns do not guarantee the future returns, investors invariably give a lot of emphasis to them. Here, we list out the top-performing mutual funds
Starting its descent from $71,229, the original cryptocurrency was hovering around $65,761 as of 11:40 a.m. EST, according to CoinGecko data. So-called memecoins also sank, with Pepe and Dogecoin falling 8%, and Shiba Inu by 11%, in the past 24 hours, according to CoinGecko data. One contributor to the slump is dampened interest in the
(Bloomberg) — As investors scour the globe for under-valued stocks, one increasingly popular destination is actively managed exchange-traded funds that focus on emerging markets. Most Read from Bloomberg In the $348 billion market for ETFs that invest in developing-nation assets, the holdings of only about 5% of funds are actively managed — rather than pinned
Goldman Sachs’ clients are reportedly jumping into crypto-related trades following the launch of Bitcoin (BTC) exchange-traded funds (ETFs). Max Minton, Goldman’s head of digital assets in Asia, tells Bloomberg that the banking giant’s clients are investing in crypto derivatives for multiple purposes. “The recent ETF approval has triggered a resurgence of interest and activities from
From Monday through Wednesday, spot Bitcoin ETFs saw outflows of $742 million. SOPA Images—Getty The 10 trading spot Bitcoin exchange-traded funds reported the largest three-day outflow since launching on Jan. 11, according to Bloomberg data, a reversal of the staggering inflows that contributed to the token reaching an all-time high of $72,000 last week. This