Vanguard’s decision to not offer its users access to bitcoin ETFs has sparked a backlash among some customers, who have decided to close their brokerage accounts and move their money to other platforms. Vanguard users have found themselves unable to buy shares in spot bitcoin ETFs, which started trading on Thursday after the U.S. Securities
Cryptocurrencies saw volatile trading Wednesday as traders awaited a decision from the Securities and Exchange Commission on whether to approve spot Bitcoin exchange-traded funds. Digital assets have been buoyed for months by ETF approval hopes, with anticipation reaching fever pitch after the agency’s social media account was breached on Tuesday and falsely posted that the
Representations of cryptocurrency Bitcoin are placed on a PC motherboard in this illustration taken June 16, 2023. Dado Ruvic | Reuters The false news was enough to send bitcoin spiking briefly before falling. It also ruined the celebrations of the crypto industry players in St. Moritz, many of who have been waiting for years for
The Federal Reserve’s monetary policy set the tone for the fixed income world in 2023 – right down to which exchange traded funds investors picked to take advantage of higher interest rates. The central bank’s rate-hiking campaign, which began in March 2022, resulted in the benchmark fed funds rate reaching a range of 5.25% to
Even with a regulatory crackdown on cryptocurrency exchanges in the past year, the price of bitcoin rose steadily through most of 2023, and now sits at around $43,610 — a nearly $18,000 increase in value since September. Bitcoin hit a peak value of around $68,000 in November 2021. But by November 2022, it had lost
Filip Radwanski | Sopa Images | Lightrocket | Getty Images Now that those two high-profile cases are out the way, many cryptocurrency executives see it as a chance to move forward and draw a line under the bad behavior of two of the industry’s poster children. With fervor returning to the crypto markets, industry executives
Socially responsible investors are optimistic heading into the new year. Sustainability-focused funds have seen outflows in all three completed quarters of this year, according to Morningstar. That comes as higher energy costs and the politicization of ESG investing frameworks weighed on traders. (The acronym is short for environmental, social and corporate governance.) However, ESG-minded money
Hong Kong previously only allowed retail participation in cryptocurrency futures ETFs, which hold virtual-asset futures contracts, instead of direct investments in crypto tokens at their spot prices. 03:03 The cryptocurrency scandal gripping Hong Kong The cryptocurrency scandal gripping Hong Kong Hong Kong’s latest initiative shows the determination of policymakers to rebuild investors’ confidence in virtual
The late-year rally in stocks and bonds has created an opportunity for investors to re-evaluate their portfolios at a time when the ETF industry is cranking out new products in areas including active fixed income and, potentially, cryptocurrency. The best performing ETFs in any given year are ultimately a function of what’s happening in the
These mutual fund and ETF investing tips can freshen your portfolio
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