CashNews.co Australian asset manager Monochrome Asset Management is optimistic about the prospects of its new spot, the Ether exchange-traded fund (ETF), and the first in the country to hold Ether directly. On September 5, the firm revealed that it had submitted a listing application for the Monochrome Ether ETF (IETH) on Cboe Australia, with plans […]
CashNews.co VanEck has revealed that it plans to shut down Ethereum futures ETF as the popularity of spot Ethereum ETFs rises. ETH has struggled to sustain bullish momentum, failing to break above the $3,000 resistance position in recent months. American investment management firm VanEck has revealed that it will shut down Ethereum futures ETF, citing […]
CashNews.co There’s a “strange” thing going on in the broader market today, with a small number of large stocks (particularly Nvidia) largely driving market returns. That’s left the Invesco S&P 500 Equal Weight ETF (NYSEMKT: RSP) trailing the market cap weighted SPDR S&P 500 ETF (NYSEMKT: SPY). That’s not an indictment of the Invesco S&P […]
CashNews.co AI ETFs aren’t what they seem. One of the easiest and smartest moves you can make as an investor is buying exchange-traded funds (ETFs). ETFs do much of the hard work of investing for you, keeping your portfolio diversified and rebalancing its holdings according to the preferences of an active manager, or the underlying […]
CashNews.co The ETF has a simple selection approach focused on high yield. Will that set it up to benefit from falling interest rates? The Vanguard High Dividend Yield ETF (VYM -1.41%) is a popular exchange-traded fund (ETF) with roughly $70 billion in assets. The fund’s approach is easy to understand and ensures that it is […]
CashNews.co Innovator Capital Management CHICAGO, Sept. 06, 2024 (GLOBE NEWSWIRE) — Innovator Capital Management, LLC (Innovator), pioneer and provider of the largest lineup of Defined Outcome ETFs™, today announced its intention to close its Hedged TSLA Strategy ETF (TSLH). Trading in the ETF will be halted at the close of business on October 1st, 2024 […]
CashNews.co VanEck has announced the closure and liquidation of its Ethereum ETF Futures (EFUT), citing declining market interest, poor performance, and investor demand. Shareholders have until September 16, 2024, to sell their shares on the CBOE exchange. VanEck Confirms Ethereum ETF Shutdown In a recent announcement, industry leader VanEck said that […]
CashNews.co Filograph August in review Global physically-backed gold ETFs1 added US$2.1bn in August, extending their inflow streak to four months (Table 1, p2).2 All regions reported positive flows: Western funds once again contributed the lion’s share. The 3.6% rise in the gold price, paired with further inflows, lifted global assets under management (AUM) by 4.5% […]
CashNews.co ETF Investing Tools Calamos Investments is hoping to give financial advisors what they want with the new Calamos Laddered S&P 500 Structured Alt Protection ETF (CPSL)which invests in ETFs that provide 100% downside protection in exchange for upside caps on performance. CPSL, which starts trading Monday, Sept. 9, will debut with four underlying ETFs, […]
CashNews.co VanEck is closing its Ethereum Futures ETF (EFUT) by September 16, 2024. The EFUT saw low asset accumulation as compared to VanEck’s spot Ethereum ETF. Generally, Ethereum is facing challenges from competition and reduced network revenue and fees. VanEck is set to close its Ethereum Strategy ETF (EFUT) by September 16, 2024, with liquidation […]