CashNews.co Franklin Templeton is planning to launch a merged Bitcoin–Ethereum ETF named $EZPZ. The firm has submitted its request to the SEC and is awaiting approval. $EZPZ could mark a shift in crypto TradFi if investors take to it well. Templeton will add more coins to the index if the ETF is successful and Solana […]
CashNews.co Source: TradingView.com Key Takeaways The SPDR S&P Retail ETF remains in focus after Target, TJX Companies, and Macy’s reported earning Wednesday that showed while shoppers remain prudent, there are signs of a rebound in discretionary spending in areas such as apparel and beauty. The fund briefly fell below the top trendline of a prior […]
CashNews.co The Brazilian Securities and Exchange Commission (CVM) has greenlit a Solana exchange-traded fund (ETF), showing the country’s growing support for the digital assets. However, despite the ETF approval, Solana (SOL) still struggles to break the key $150 level. But it seems a regulatory win is not enough to save struggling Solana. According to CoinGecko, […]
CashNews.co KEY POINTS Fidelity’s $FETH is the closest to $ETHA with $375 million in cumulative net inflows BlackRock’s $IBIT also continues to lead other U.S.-listed spot Bitcoin ETFs BlackRock has said it isn’t filing for other crypto ETFs anytime soon Investment management giant BlackRock continues its road to domination in the cryptocurrency exchange-traded funds (ETFs) […]
CashNews.co BlackRock’s Ethereum ETF Surpasses $1 Billion in Net Inflows BlackRock’s spot Ethereum (ETH) ETF, the iShares Ethereum Trust ETF (ETHA), has exceeded $1 billion in net inflows. Launched in late July alongside offerings from seven other asset managers, ETHA has outpaced its competition significantly. Fidelity’s Ethereum Fund trails behind with $367 million in net […]
CashNews.co BlackRock’s iShares Ethereum Trust (ETHA) has become the first U.S.-based spot Ethereum exchange-traded fund (ETF) to cross the $1 billion mark in net inflows. This achievement, based on data from Far side Investors, under scores the increasing confidence that institutional and retail investors alike are placing in Ethereum as a significant asset class. A […]
CashNews.co Bitcoin ETFs are emerging as the fastest-growing ETFs, attracting significant attention from institutional investors. Since launching in January 2024, these ETFs have pulled in a remarkable $17.5 billion in net flows, outpacing the previous record held by the Nasdaq-100 QQQs, which gathered approximately $5 billion in their first year. Bitcoin ETF Dominates Global ETF […]
CashNews.co The Brazilian Securities and Exchange Commission (CVM) has approved a second Solana exchange-traded fund (ETF). It marks a significant development in the country’s cryptocurrency investment landscape. The new ETF, which is still in its pre-operational phase, will be introduced by Hashdex — a leading asset manager in Brazil with over $962 million in assets […]
CashNews.co The recent rally in gold (GC=F) prices may be pointing to a possible recession, one macro strategist told Yahoo Finance, ahead of the Federal Reserve’s anticipated interest cuts in September. Chris Mancini, Gabelli Funds associate portfolio manager of the Gabelli Gold Fund, joins Catalysts to discuss the precious metal commodity’s recent run. Mancini notes […]
CashNews.co Quadravest Preferred Split Share ETF TORONTO, Aug. 21, 2024 (GLOBE NEWSWIRE) — Quadravest Capital Management Inc. (the “Manager’) is pleased to declare a monthly distribution for Quadravest Preferred Split Share ETF (Preferred ETF”) as follows: Amount Per Unit: $0.05417 CAD Record Date: August 30, 2024 Payment Date: September 10, 2024 The monthly distribution per […]