CashNews.co Wall Street analysts don’t always make accurate predictions, but Tom Lee from Fundstrat Global Advisors has put together a string of impressive calls over the last couple of years. He said the S&P 500 index would hit 4,750 in 2023, and it closed the year at 4,769. He then predicted the S&P would hit […]
CashNews.co Key Takeaways Monochrome partners with Vasco Trustees to launch an Ethereum ETF. The ETF is set for Cboe Australia listing by September 2024. Share this article Monochrome Asset Management, in partnership with Vasco Trustees Limited, has officially applied to list the Monochrome Ethereum exchange-traded fund (ETF) on Cboe Australia, the company shared in a […]
CashNews.co Stay informed with free updates Simply sign up to the Exchange traded funds myFT Digest — delivered directly to your inbox. Latest news on ETFs Visit our ETF Hub to find out more and to explore our in-depth data and comparison tools Amid the relentless growth of Taiwan’s onshore exchange traded funds market, regulators […]
CashNews.co Investors should stay vigilant as shifting sentiment and supply-demand trends may affect BTC demand. Stay updated with our latest news and analysis to manage exposure to BTC and the broader crypto market. Technical Analysis Bitcoin Analysis BTC remained below the 50-day and 200-day EMAs, confirming bearish price trends. A breakout from the 200-day EMA […]
CashNews.co Ethereum ETFs’ high outflows signify low institutional interest amid declining ETH CME trading volume. Ethereum underperforms in terms of risk-adjusted returns compared to Nvidia, Bitcoin, Meta, Gold, NASDAQ-100 and others. ETH could follow a key trendline to decline toward $2,100 before staging a rally. Ethereum (ETH) is up 0.1% on Wednesday following increased outflows […]
CashNews.co Douglas Rissing/iStock via Getty Images Introduction The Federal Reserve Bank, back in 2022, began raising the Federal Funds Rate, the determining interest rate for almost all other rates in the US. The Federal Funds Rate sets the floor (I’m glossing over a lot of economics here) for loans in the US. This includes debt […]
CashNews.co (Bloomberg) — Out with the new, in with the old. Most Read from Bloomberg At least that’s the idea behind Rob Arnott’s first exchange-traded fund — the Research Affiliates Deletions ETF — which, upon debut, will look to buy companies that were recently deleted from major indexes. The fund, which Arnott says is slated […]
:max_bytes(150000):strip_icc()/SMHChart-5c757ebfaa30412dae399f4583483487.gif?fit=1500%2C595&ssl=1 "Watch These SMH ETF Price Levels Amid Chip Sector Selloff #NewsETFs")
CashNews.co Key Takeaways The VanEck Semiconductor ETF remains in the spotlight on Wednesday after tumbling more than 7% yesterday to register its largest daily percentage decline since March 2020 amid a broad-based selloff in chip stocks. A relief rally in the fund recently stalled at the 50-day moving average, with Tuesday’s drop taking place on […]
CashNews.co Wall Street slumped at the start of September as weak data raised fresh concerns about the health of the economy. All the three major U.S. indices recorded their biggest daily percentage declines since early August. The weak trend is likely to continue given that September is one of the market’s historically worst months. What […]
CashNews.co KEY POINTS Cyber actors linked to the DPRK conducted research on employees of firms offering crypto ETFs, the FBI said The agency reiterated that North Korea is a threat to organizations with exposure to large quantities of crypto DPRK-linked threat actors use “individualized fake scenarios” and also impersonate individuals as part of their scheme […]