CashNews.co Bitcoin price is on the move after record-breaking ETF performance and alignment of macro … [+] fundamentals. getty Collectively, the launch of the spot Bitcoin Bitcoin Exchange Traded Funds (ETFs) has been the most successful ETF debut in history. A couple of key milestones stand out: No other ETF had experienced $3 billion of […]
CashNews.co Seven days after hitting the market, the T-REX 2X Long MSTR Daily Target ETF (MSTU) has become one of the most successful new exchange-traded funds (ETFs) on the market after attracting over $72 million. The fund, issued by REX Shares and Tuttle Capital Management, promises two times the daily performance to the stock of […]
CashNews.co The rapidly growing list of new investments in exchange-traded funds (ETFs), exchange traded-products (ETPs) and complex cryptocurrencies is creating greater challenges in how broker-dealers stay in regulatory compliance when these new vehicles are marketed to investors on digital platforms. “We’re seeing a lot of what I would consider quick-hitter marketing pieces. And by that, […]
CashNews.co Key Takeaways The iShares MSCI China ETF has risen sharply this week, bolstered by Beijing announcing significant stimulus measures in recent days to revive the country’s economy. After forming two distinct lows at comparable levels on the chart between October 2022 and January this year, the fund’s price broke above a multi-year downtrend line […]
CashNews.co This article originally appeared in First MoverCoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day. Latest Prices CoinDesk 20 Index: 2,090.20 +1.76%Bitcoin (BTC): $65,567.06 +1.8%Ether (ETH): $2,649.73 +0.83% S&P 500: 5,745.37 +0.4%Gold: $2,666.73 -0.22%Nikkei 225: 39,829.56 +2.32% Top Stories Bitcoin closed in […]
CashNews.co Semiconductor stocks have been soaring, led by Nvidia. But that’s been far from the only winner — other popular names like Taiwan Semiconductor, Advanced Micro Devicesand Broadcom have all surged since the start of 2023, shortly after ChatGPT was launched. If you want exposure to a group of stocks, a smart way to do […]
CashNews.co Bitcoin price crossed the $65,000 mark on Friday morning, climbing to its highest point since the start of August. This comes after spot bitcoin ETFs in the U.S. saw a monster day on Thursday registering inflows of $365 million and bringing the weekly total to over $600 million, according to CoinGlass data. CoinDesk’s Christine Lee […]
CashNews.co ETF Investing Tools Rex Shares in collaboration with Tuttle Capital Management is moving into the second tier of leveraged single-stock ETFs with T-Rex 2X Long NFLX Daily Target ETF (NFLU). The ETF, which started trading Friday, is the first to offer 200% exposure to the daily price movement of Netflix Inc. (NFLX). “In the […]
CashNews.co The $6.3 trillion money-market industry has just welcomed its first ETF, the Texas Capital Government Money Market ETF MMKT. The ETF capitalizes on the current surge in money-market funds, which have boomed due to high short-term yields as investors seek safety and competitive returns amid market uncertainty. The ETF offers intraday liquidity with the […]
CashNews.co (Bloomberg) — Assets held by exchange-traded funds in the US hit $10 trillion for the first time as the investor-friendly products continue their relentless takeover of Wall Street. Most Read from Bloomberg A combination of inflows and market gains carried total assets over the milestone this week, according to data compiled by Bloomberg Intelligence. […]