CashNews.co ETF Industry Growth ETF issuers introduced 1,063 new ETFs in the first seven months of 2024, a year-to-date record, according to data from research and consulting firm ETFGI. The total surpasses the previous record of 988 set over the same period of 2021. “The growing acceptance of the ETF wrapper as an investment vehicle […]
CashNews.co MicroStrategy Incorporated, one of the world’s largest corporate Bitcoin (BTC) holders is set to see the launch of a new Exchange Traded Fund (ETF) with 1.5x leverage. This move reflects the growing demand for more crypto-based products amongst institutional investors. It also shows the perception to the company’s dedication towards embracing crypto. Another Volatile […]
CashNews.co According to the CVM database, the new Solana (SOL) ETF, which is in a pre-operational phase, will be offered by Brazil-based Hashdex — a Brazil-based asset manager with over $962 million in assets under management — in partnership with the local investment bank BTG Pactual. Read More #cashnews #ETF #newsfinace #finance
CashNews.co Outflows from spot Ether ETFs have totaled $433M after three consecutive days of outflows. The declining demand for ETH alongside a rising supply has hampered Ethereum’s efforts to gain. The cryptocurrency market made a strong rebound on Tuesday during the Asian trading session. Ethereum [ETH] has gained around 2% to trade at $2,678 at […]
CashNews.co The U.S. Securities and Exchange Commission (SEC) has reportedly raised concerns with potential Solana ETF issuers about the cryptocurrency possibly being classified as a security. Citing sources familiar with the situation, The Block reported that related 19b-4 filings were pulled from the Cboe BZX exchange’s website. The SEC’s concerns resulted in the rejection of […]
CashNews.co In order to build wealth over time, most investors would do well to park much, if not all, of their long-term assets in the overall stock market — perhaps via a simple, low-fee S&P 500 index fund. Such index funds offer solid long-term growth with relatively low risk. (The S&P 500 has averaged annual […]
CashNews.co The firm continues its impressive expansion with newest addition to its Cash Cows Growth Series to offer growth-focused investors new, innovative strategy MALVERN, Pa., August 20, 2024–(BUSINESS WIRE)–Pacer ETFs (“Pacer”), the leading U.S. issuer in free cash flow ETFs*, announces today the launch of the new fund: the Pacer Nasdaq-100 Top 50 Cash Cows […]
CashNews.co TLDR VanEck’s plans for a Solana ETF are “still in play” despite the removal of Cboe Global Markets’ regulatory filing (19b-4) from its website. The SEC had discussions with prospective Solana ETF issuers about concerns over Solana’s potential status as a security before the 19b-4 forms were removed. The 19b-4 filings for Solana ETFs […]
CashNews.co The Deadlift ETF, comprising eight major American companies, has been linked to the physical fitness of their CEOs, suggesting that weightlifting leaders may boost company performance. The fund, which includes Meta, Amazon, and Apple, has consistently outperformed Google, with Meta’s CEO Mark Zuckerberg’s intense fitness regime highlighted as a potential factor. However, it’s important […]
CashNews.co This year sure has been a wild ride for tech investors. Through July 10, the Nasdaq Composite was up more than 26%. Driven by the investing world’s love affair with artificial intelligence (AI), stocks in the space saw absolutely monster returns. The poster child, Nvidiareturned a whopping 180% in the same time frame. Nvidia […]