The US Supreme Court’s choice to take up a dispute next term over activist investors’ ability to challenge corporate resolutions signals the justices are eager to clarify a major tenet of investment fund operations. The high court this week agreed to scrutinize a ruling by the US Court of Appeals for the Second Circuit holding
Trading app giant Robinhood (HOOD) shares are up 10% today, trading at all-time highs after announcing a big expansion into crypto. According to a Robinhood announcement, the retail trading app has launched US stock and exchange-traded fund (ETF) tokens in the EU. The stock tokens will be issued on the Ethereum (ETH) layer-2 blockchain Arbitrum
Odds are stacked that the U.S. Securities and Exchange Commission approves most of the filed crypto exchange-traded funds, including the various XRP ETFs, by their respective deadlines, according to Bloomberg Analysts James Seyffart and Eric Balchunas. “We are raising our odds for the vast majority of the spot crypto ETF filings to 90% or higher,”