WHAT IS AN EXCHANGE-TRADED FUND?As the name suggests, this is a fund but it can be traded on an exchange like a security. In simple words, an ETF is a basket of securities like any other mutual fund, but is tradeable, that is, it can be bought or sold like a stock. So, you own
By Hannah Lang (Reuters) – State Street is partnering with Swiss crypto company Taurus to offer new digital asset services, including turning real-world assets into tradeable tokens, to tap growing institutional demand for such investments, the U.S. financial services provider told Reuters. As cryptocurrencies have spread in the financial system through regulated products including futures
Investment giant VanEck is seeking approval for a spot Solana (SOL) exchange-traded fund (ETF), according to a new filing with the U.S. Securities and Exchange Commission (SEC). The company submitted an S-1 registration statement to the securities regulator on Thursday related to the SOL ETF, which would be called the VanEck Solana Trust. VanEck, who
Bitcoin and other cryptocurrencies were rising early Friday. Solana was the standout gainer, after the first U.S. application was filed for a spot exchange-traded fund tied to the cryptocurrency. Bitcoin was up 1.3% over the past 24 hours to $61,519. The largest cryptocurrency has fallen from levels of around $64,000 after news on Monday that
“Global investors are turning their backs on sustainably focused stock funds as poor performance, scandals and attacks from US Republicans hit enthusiasm for a much-hyped sector that has pulled in trillions of dollars of assets,” the FT report said. ESG is not so much an investment bubble as a mirage, one so powerful that, by
If the Securities and Exchange Commission’s approval of spot Bitcoin exchange-traded funds represented a watershed moment for cryptocurrency, the arrival of spot Ether ETFs on Wall Street could be nothing short of revolutionary. In a move that caught even the most bullish crypto cheerleaders off guard, U.S. regulators have cleared the way for ETFs for
The first half of the year has generally been good for the market, with the S & P 500 and the Nasdaq repeatedly reaching record highs. Year-to-date, the S & P 500 is up around 13% and the Nasdaq has risen 14.9%. Will markets continue soaring? Analysts are split as it’s uncertain when the U.S.
An alternative trading platform CEO wants to revolutionize private equity investing to help mitigate a stalling initial public offering market. So, Forge Global’s Kelly Rodriques partnered with Accuidity to launch the Forge Accuidity Private Market Index this spring. The ultimate goal: Give more investors easier access to unicorns. “This is a major financial innovation that’s
Cryptocurrency – Trading – Chart – ETF Active management and cryptocurrency are attracting investors’ attention in 2024. Combine those two and you get some of the highest-performing exchange-traded funds of the year. While the passively managed spot bitcoin ETFs have performed well, three of the top five crypto ETFs, as measured by year-to-date performance, are actively managed,
VanEck CEO Jan van Eck sees a major sentiment shift underway in the cryptocurrency market linked to the U.S. Securities and Exchange Commission’s approval of a rule change allowing for Ethereum exchange-traded funds. “This is really one of the most amazing things that I’ve seen in my career with respect to securities regulation,” van Eck