CashNews.co The stock market seems due for a rotation. The S&P 500 just set another all-time high on its way to another strong year. The benchmark large-cap index has bested virtually every Wall Street forecast from the beginning of the year, and it’s now up 20% year to date. However, there is reason to wonder […]
CashNews.co Exchange-traded funds can provide exposure to a diversified pool of top companies The Federal Reserve announced its first rate cut in over four years. More rate cuts could follow and bring down borrowing costs, which could spur consumer spending on goods and services. The Conference Board’s Consumer Confidence Index just posted its largest one-month […]
CashNews.co KEY POINTS $ETHA passed $1 billion in total net asset value on Friday, becoming the second spot Ether ETF to do so The ETF’s cumulative net inflows stand at $1.13 billion as of Friday – in second spot is Fidelity’s FETH with $478M The milestone puts $ETHA within the ‘top 20%’ of all the […]
CashNews.co MSTX, The First Leveraged MicroStrategy ETF in the U.S. Surpasses $400 Million Defiance ETFs, a leading provider of thematic and leverage-focused exchange-traded funds, is thrilled to announce that its MSTX ETF (Daily Target 1.75X Long MSTR ETF) has surpassed $400 million in assets under management (AUM). MIAMI, Sept. 30, 2024 (GLOBE NEWSWIRE) — Defiance […]
CashNews.co Image source: Getty Images I love shopping for undervalued UK stocks. So I’m delighted that the FTSE 100’s packed with brilliant bargain shares as I draw up a shopping list for October. Here’s one dirt cheap Footsie share I’m considering adding to my Stocks and Shares ISA. I also have my eye on this […]
CashNews.co A visual representation of Bitcoin displayed in front of the logo of the U.S. multinational company … [+] specializing in asset management, Fidelity Investments. Getty Images As bitcoin continues to grow in adoption, so does the need for simplified investment options. Fidelity’s FBTC Spot Bitcoin Bitcoin ETF offers a convenient way to gain exposure […]
CashNews.co Ether continues to grow but price levels remain subdued Getty Images When the SEC announced it had approved multiple spot ether ETF products in July 2024 market sentiment was almost universally supportive and encouraged by this action. Following years of stymying efforts by industry advocates and operators to create and trade spot ETFs, the […]
CashNews.co Lou Jiwei, China’s former finance minister, has called for a thorough examination of cryptocurrency implications after the US approved Bitcoin ETFs, warning that digital currencies could destabilize global markets due to their inherent volatility and association with money laundering. China’s Crypto Alarm: Ex-Finance Minister Urges Action After US Bitcoin ETF Approval […]
CashNews.co This article was written by Follow As a tech-focused industry Research Analyst, I aim to provide differentiated insights, whether it is for investing, trading, or informational reasons. For this purpose, I am not a classical equity researcher from the financial sector, but, I come from the IT world and my insights are based on […]
CashNews.co BlackRock asset management firm has hit a new milestone in its spot Ethereum ETF (exchange-traded fund) offering, breaching the $1 billion mark in total asset value in a record two months. It comes after a favorable week of trading, during which Bitcoin (BTC) and Ethereum (ETH) ETFs recorded multi-week highs as crypto markets recovered. […]