Financial Insights That Matter Mubadala Investment Company, the sovereign wealth fund that manages investments for the Abu Dhabi’s government, signaled on Friday that it started stockpiling exposure to Bitcoin last year via the leading ETF. During the fourth quarter of last year, Mubadala scooped up $436 million worth of BlackRock’s spot Bitcoin ETF, according to […]
Financial Insights That Matter The Middle Eastern city of Abu Dhabi on Friday disclosed a $436.9 million stake in BlackRock’s iShares Bitcoin ETF (IBIT) as of Dec. 31, 2024. The stake was held via Mubadala Investments, one of the country’s sovereign wealth funds, per a 13F filing with the U.S. Securities and Exchange Commission. The […]
Financial Insights That Matter With several exchange-traded funds (ETFs) that Cathie Wood’s ARK Invest manages to choose from, the options for growth investors may seem overwhelming. Fortunately for them, the ARK Innovation ETF (Sheet 3.46%) represents a one-stop shop where they can gain exposure to many of the market’s most disruptive companies. Unlike some of […]
Financial Insights That Matter Ripple (XRP) Spikes 14% On SEC Accepting ETF Filing — More Upside Potential Ahead Boost Your Financial Knowledge and Achieve Stability Discover a growing online community dedicated to delivering financial news, tips, and strategies designed to help you manage money effectively, save smarter, and grow your investments with confidence. Top Financial […]
Financial Insights That Matter FLMX: In The Gulf Of Mexican Stocks, This ETF Doesn’t Cut It Boost Your Financial Knowledge and Achieve Stability Discover a growing online community dedicated to delivering financial news, tips, and strategies designed to help you manage money effectively, save smarter, and grow your investments with confidence. Top Financial Tips for […]
Financial Insights That Matter If approved, the Dogecoin and XRP ETFs will trade on the NYSE Arca exchange The SEC has 240 days to approve or reject the filings once they have been submitted to the SEC’s federal register Last week, the Cboe filed four XRP ETFs on behalf of 21Shares, Bitwise, Canary Capital, and […]
Financial Insights That Matter The SEC has acknowledged and published details of NYSE Arca’s proposal to list shares of the Grayscale XRP Trust on Thursday, revealing an extensive framework designed to address regulatory concerns around trading. While the regulator has acknowledged the 19b-4 filing, it’s only one step along what could stretch to a 240-day […]
Financial Insights That Matter The SEC has acknowledged and is also set to review another crypto ETF proposal, this time, it’s for crypto’s seminal meme token, Dogecoin (DOGE). NYSE Arca submitted a 19b-4 filing on Thursday to list shares of the Grayscale Dogecoin Trust, outlining plans to transform the fund into an exchange-traded product that […]
Financial Insights That Matter The SEC acknowledged Grayscale’s filing to convert its XRP Trust to an ETF. XRP ETFs could be approved considering the new SEC administration’s regulatory reforms. XRP could rally to $3.15 if it validates a rounded bottom pattern and its technical indicators flip to bullish momentum. Ripple’s XRP is up 4% in […]
Financial Insights That Matter XRPUSD – Daily Chart – 140225Click here to find out why analysts believe XRP could skyrocket—or crash—based on the SEC’s decision. BTC-Spot ETF Market Outflows Weigh on Bitcoin Beyond speculation about the SEC vs. Ripple case, US BTC-spot ETF market flow impacted bitcoin (BTC) demand. According to Farside Investors, flow data […]