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 […]
CashNews.co Lee spent 14 years at BMO GAM managing $50 billion in assets across various strategies, including fixed income, equity beta, factor-based, sector and thematic ETFs. He also has extensive experience in product development, portfolio management, and client-focused solutions. His new role will involve working closely with Q Wealth’s CIO Larry Berman, enhancing the core […]
CashNews.co Treasury Yields Plunge, TLT ETF Tops $100, VIX Spikes As 50-Basis-Point Rate Cut Odds Soar In Response To Jobs Data The U.S. Treasury market rallied sharply on Friday after August labor data showed weaker-than-expected job growth, bolstering bets on Federal Reserve interest rate cuts. The U.S. economy added 142,000 nonfarm payrolls last month, an […]
CashNews.co SPDR Dow Jones International Real Estate ETF RWX is probably on the radar for investors seeking momentum. The fund just hit a 52-week high and has moved up 22.3% from its 52-week low price of $22.52/share. Are more gains in store for this ETF? Let us take a quick look at the fund and […]
CashNews.co Undoubtedly, the S&P 500 is the top index that investors look at to assess how the stock market is performing. It provides a pretty accurate view, given it’s a benchmark of 500 large and profitable companies. In the past decade, the S&P 500 has generated a total return of 235%, which turned a $10,000 […]
CashNews.co On September 5, 2024, Eastern time, the Spot Bitcoin ETF had its seventh straight day of net outflows. The cumulative total now stands at $17 billion, with the last individual day net outflow reaching around $211.1 million. Grayscale’s Mini Trust reported a number that tanked with a negative flow of $8.4 million. On the […]
CashNews.co “Although the market liquidity for ETH pairs on centralized exchanges remains greater than what was at the beginning of the year, the liquidity has dropped by nearly 45% since its peak in June,” Jacob Joseph, a research analyst at CCData, told CoinDesk in an interview. “This is likely due to the poor market conditions […]
CashNews.co Nastassia Samal The One-Stop Shop In my eyes, the AOA iShares Core Aggressive Allocation ETF, ticker symbol (NYSEARCA:AOA), is one of the best “Set it and forget it” funds available. It’s a fund I would have no problem putting 100% of my portfolio in. Although I still like to pick stocks for fun here […]
CashNews.co LagartoFilm Investment Thesis The First Trust Growth Strength ETF (NASDAQ:FTGS) provides investors with large-cap equal-weighted exposure to 50 stocks that have increased earnings per share by over 21% annually over the last three years. Trading at 19.17x forward earnings, it’s a GARP investor’s dream, but there’s a catch. Unlike most growth ETFs, analysts expect […]
CashNews.co CHICAGO, Sept. 5, 2024 /PRNewswire/ — The CBOE Global Markets stage was buzzing with excitement today, as Kensington Asset Management, in partnership with Liquid Strategies as sub-advisor, rang the closing bell to celebrate the launch of their new ETF, the Kensington Hedged Premium Income ETF (KHPI). It was a moment that captured the energy and […]