In a new disclosure, investment management company Millennium Management has revealed holdings of almost $2 billion in spot Bitcoin ETFs. This revealing was made through a SEC 13F-HR institutional investment manager holdings report filed today, and disclosure underscores the increasing interest and investment in Bitcoin ETFs by major institutional players. JUST IN: 🇺🇸Millennium Management discloses it holds…
Today, the State of Wisconsin Investment Board (SWIB) has revealed its substantial investments in Bitcoin Exchange-Traded Funds (ETFs) through a recent filing with the Securities and Exchange Commission (SEC). According to the filing, SWIB holds nearly $100 million worth of BlackRock’s spot Bitcoin ETF (IBIT). JUST IN: 🇺🇸 State of Wisconsin Investment Board discloses it…
In a recent filing with the Securities and Exchange Commission (SEC), Wells Fargo, one of the largest banks in the United States, disclosed its exposure to spot Bitcoin Exchange-Traded Funds (ETFs). JUST IN: 🇺🇸 Wells Fargo bank reveals it has spot #Bitcoin ETF exposure in new SEC filing 👀 pic.twitter.com/H1iY9puKVb — Bitcoin Magazine (@BitcoinMagazine) May…
Drs Producoes In my Q2 market cycle update last month, I argued that the cycle—defined primarily as momentum in corporate earnings per share and cyclical commodities—was reigniting and that small caps and precious metals with industrial utilities (e.g., platinum and silver) were some good places to take advantage of such an upswing. I think grains—corn,…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Yield-hungry retail investors piled into highly leveraged US exchange traded funds in April, drawn to volatile markets stoked by uncertainty over the outlook for interest rates. Investors have pushed around $5.2bn into the top 22…
Asset management giant BlackRock says it is seeing growing interest in Bitcoin ETFs from institutional players like sovereign wealth funds and pension funds. This comes after a hugely successful debut for BlackRock’s Bitcoin ETF, iShares IBIT, which was approved by the Securities and Exchange Commission earlier this year. BREAKING: Blackrock says “Sovereign wealth funds, pension…
The recently approved Hong Kong Bitcoin spot ETFs began trading today, but saw relatively low volume on their first day. The Hong Kong Securities and Futures Commission (SFC) approved 6 total spot Bitcoin and Ethereum ETFs last week. NEW: 🇭🇰 Opening ceremony of Hong Kong spot #Bitcoin ETFs 👏 pic.twitter.com/ux1eb5PqRn — Bitcoin Magazine (@BitcoinMagazine) April 30,…
Funtap Introduction I recently came across the Vident U.S. Diversified Real Estate ETF (NYSEARCA:PPTY). Besides the ETF being new to me, I never heard of the manager either. Add the low AUM, and normally, I would have just moved to explore another ETF not on my radar yet. The reason I produced this article was…
Spot Bitcoin exchange traded funds (ETFs) have officially gone live in Hong Kong as its stock market opens. OFFICIAL: SPOT #BITCOIN ETFS COMMENCE TRADING IN HONG KONG 🇭🇰 pic.twitter.com/yI8HsqRECf — Bitcoin Magazine (@BitcoinMagazine) April 30, 2024 The approval, eagerly awaited for months, signals a new era for the Bitcoin industry in the region. Major asset…
New 13F filings with the SEC reveal that a major pension consultant, Global Retirement Partners (GRP), is buying into US spot Bitcoin ETFs. Bitcoin investors have been eagerly awaiting these SEC filings to gauge the level of institutional interest in Bitcoin ETFs, which launched in the first quarter of 2024. JUST IN: 🇺🇸 Retirement consulting firm GRP…
Hong Kong’s Securities and Futures Commission recently approved Bitcoin Spot ETFs for several major asset managers, paving the way for the city to become a leading hub for such products. The approval comes after months of anticipation and marks a significant milestone for the Bitcoin industry in Asia. JUST IN: 🇭🇰 Hong Kong spot #Bitcoin ETFs…
Hong Kong’s highly anticipated spot bitcoin exchange-traded funds (ETFs) are slated to launch by the end of April, according to various industry sources. NEW: 🇭🇰 Hong Kong #Bitcoin ETFs to start trading by 30th April and could bring in $25 billion: Reports Just a matter of time 🚀 pic.twitter.com/Y1Xo4JVrO7 — Bitcoin Magazine (@BitcoinMagazine) April 17, 2024…
Daniel Grizelj DISCLAIMER: This note is intended for US recipients only and, in particular, is not directed at, nor intended to be relied upon by any UK recipients. Any information or analysis in this note is not an offer to sell or the solicitation of an offer to buy any securities. Nothing in this note…
Hong Kong has reportedly approved its first spot bitcoin exchange-traded funds (ETFs), with multiple issuers announcing they received permission to launch Bitcoin ETFs. China Asset Management, Bosera Capital and other applicants posted on social media that they got clearance to list spot Bitcoin ETFs in Hong Kong. However, the Securities and Futures Commission (SFC) has yet…
Klaus Vedfelt/DigitalVision via Getty Images In my writing, I tend to focus on dividend-paying ETFs with strong yields, returns, and buy ratings. I sometimes write about weaker ETFs, to warn investors about their shortcomings and provide suitable alternatives. In this article, I’ll give a quick overview of three such ETFs. HYG – Expensive High-Yield Bond…
Hiraman Can ETFs and stocks coexist in a portfolio and make that portfolio better? ETF or index ETF investing versus do-it-yourself dividend growth investing is always a big debate. You know I favor stock investing, but I keep an open mind. There is room for ETFs even if you invest in stocks. I see both…
TD Bank subsidiary TD Direct Investing recently uploaded a video on its YouTube channel explaining in detail the upcoming Bitcoin halving event, expected around April 19 or 20. The commercial serves to educate viewers on the significance of this event within the context of Bitcoin’s supply and demand dynamics. JUST IN: TD Bank subsidiary releases commercial explaining…
The latest 13F filings with the SEC reveal that major institutional investors have been acquiring shares in the new spot bitcoin ETFs that launched this quarter. JUST IN: Wall Street firms with a combined $15 BILLION in AUM bought exposure to #Bitcoin ETFs in Q1 This is just the beginning 💥 pic.twitter.com/MQ1TZp8tQp — Bitcoin Magazine (@BitcoinMagazine)…
U.S. spot bitcoin exchange-traded funds (ETFs) have surpassed $200 billion in cumulative trading volume since launching just three months ago. JUST IN: 🇺🇸 US #Bitcoin spot ETFs trading volume surpasses $200 billion within just 3 months. Asia is next 🚀 pic.twitter.com/VxQdQJEIjN — Bitcoin Magazine (@BitcoinMagazine) April 10, 2024 According to data from The Block, the total…
Hong Kong is poised to approve Asia’s first spot bitcoin exchange-traded funds (ETFs) this month, and the first approvals are likely to be announced next week, according to people familiar with the matter, as reported by Reuters and Chinese news media, qq. BREAKING: 🇭🇰 Hong Kong is set to approve spot #Bitcoin ETFs next week,…
Morgan Stanley and UBS are working to become the first major U.S. banks to offer a spot Bitcoin ETFs to all clients, according to social media reports. With $1.26 trillion and $1.1 trillion in assets under management respectively, Morgan Stanley and UBS are two of the largest wealth managers worldwide. Both are vying to fully…
Spot bitcoin exchange-traded funds (ETFs) saw their trading volume surge to a record $111 billion in March, nearly triple the $42 billion traded in February. Approved earlier this year by the SEC, US spot bitcoin ETFs have rapidly gained traction among investors. Their volumes last month exceeded even the most optimistic expectations. NEW: #Bitcoin ETFs…
hatman12 Direxion Daily S&P 500 Bear 3X Shares ETF (NYSEARCA:SPXS) is one of the most popular instruments to short the broad market for trading or hedging purposes. However, its daily -3X leverage factor is a source of drift. It must be closely monitored to detect changes in the drift regime. This article explains what “drift”…
Bitcoin U.S. spot ETFs saw a remarkable reversal this week, with a massive $418 million net inflow on Tuesday. This comes after the ETFs experienced 5 straight days of net outflows last week during Bitcoin’s dip below $60,000. NEW: #Bitcoin ETFs saw a $418 million net inflow yesterday following five consecutive days of outflows last…
NicoElNino Investment Thesis Over the last ten years, the Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) was the third-best-performing fund in its category, trailing only the Invesco QQQ ETF (QQQ) and the iShares Russell Top 200 Growth ETF (IWY). SCHG also ranked #4/37 over the last three calendar years and #4/36 over the previous five, so…
Bitcoin and the rest of crypto went through a brutal cycle in the last two years. Dubbed “crypto winter,” the unforgiving market crushed the hopes of many traders, startup founders, and investors. Marked by scandals, regulatory uncertainty, and lots of FUD (fear, uncertainty, and doubt in crypto parlance), crypto winter brought down some of the…
jacoblund/iStock via Getty Images Investment Thesis Have you ever imagined having a diversified dividend portfolio that not only offers an elevated likelihood of favorable investment results due to its reduced risk level, but also the potential to enhance your lifestyle? For example, allowing you to attend your favorite team’s next baseball, basketball, or football game…
The Arizona State Senate is considering a proposal to encourage the Arizona State Retirement System (ASRS) and the Public Safety Personnel Retirement System (PSPRS) to explore the inclusion of Bitcoin ETFs in their investment portfolios. JUST IN: 🇺🇸 Arizona State Senate is considering adding #Bitcoin ETFs to its state retirement portfolios. pic.twitter.com/5t6v3Z5UuU — Bitcoin Magazine…
RHJ Introduction For investors looking to invest in “the trends of the future,” no commodity stands out more than uranium. Lauded as a solution to carbon-emitting fossil fuel power plants, nuclear has been on the rise across the world both on the energy production front, but also on Wall St. The Sprott Uranium Miners ETF…
Bank of America Corp.’s Merrill Lynch and Wells Fargo & Co.’s brokerage unit have begun offering access to exchange-traded funds (ETFs) that directly invest in Bitcoin, according to Bloomberg Law. JUST IN: Wells Fargo and Bank of America’s Merrill are offering spot #Bitcoin ETFs to wealth clients 🚀 pic.twitter.com/Lr3oD5XgrR — Bitcoin Magazine (@BitcoinMagazine) February 29,…
By Andrew Prochnow Following a robust beginning to the trading year of 2024, the ETF landscape has witnessed numerous offerings delivering notable returns during the initial months of the year. Unsurprisingly, the technology sector has emerged as one of the standout performers, with semiconductor stocks leading the charge. However, it’s worth noting that AI-focused semiconductor…
Carson Group, a significant $30 billion registered investment adviser (RIA) platform, has recently announced its approval to offer four spot Bitcoin exchange-traded funds (ETFs) to its clients, according to a Bloomberg report. Out of the recent batch of US-listed spot Bitcoin ETFs, Carson Group has greenlit BlackRock’s iShares Bitcoin Trust, Fidelity Wise Origin Bitcoin Fund, Bitwise…
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. As South Korea approaches its next legislative election in 2024, both the current ruling party and…
tumsasedgars/iStock via Getty Images The belief currently has taken hold among many investors that since index funds frequently come out ahead of actively managed funds, which is mainly where investors should be placing their money. As a result, investors are moving more and more of their money to passively managed ETFs (and mutual funds) as…
Over the past months, Bitcoin ETFs dominated the cryptocurrency, finance, and investing discourse. A flurry of attention-focused articles on the latest wave of spot Bitcoin ETF applications captured the collective interest. Stakeholders speculated on their implications. Following heightened anticipation at the beginning of 2024, the Securities and Exchange Commission of the United States (US SEC)…
ismagilov By Mike Larson, Editor-in-Chief, MoneyShow Transcript Larson: Hello and welcome to our latest MoneyShow Money Masters Podcast segment. I’m Mike Larson, editor in chief at MoneyShow. And today I’m speaking with Charlie Shrem, a long-time fixture in the cryptocurrency world. He is editor of the Crypto Investor Network, a network of investors buying and…
Ratana21 The data sourced in the article below is derived from Lipper’s Global Fund Flows application. GFF can be found on LSEG Workspace (“FundFlows”). During LSEG Lipper’s fund-flows week that ended January 31, 2024, investors were overall net purchasers of fund assets (including both conventional funds and ETFs) for the second week in three, injecting…
MWVotruba Direxion Daily S&P 500 Bull 3x Shares ETF (NYSEARCA:SPXL) is one of the most popular instruments to trade in bullish market conditions. It is a competitor and an equivalent to ProShares UltraPro S&P 500 [ETF 3x Shares] (UPRO). The daily 3X leverage factor is a source of drift, which may be positive or negative….
SRT101/iStock via Getty Images At the beginning of 1Q24, the Energy, Consumer Non-cyclicals, and Financials sectors each earn an Attractive-or-better rating. Our sector ratings are based on a normalized aggregation of our ratings for each stock in a given sector. Our stock ratings are based on five criteria that assess a company’s business fundamentals and…
Today, Google has revised its advertising guidelines, now permitting cryptocurrency trusts, such as Bitcoin Exchange-Traded Funds (ETFs), to promote their products. Spot Bitcoin ETF issuers such as BlackRock and Franklin Templeton have wasted no time in marketing their funds, with advertisements already starting to emerge. This revision comes at an interesting time as the discussion…
da-kuk Investors were net sellers of fund assets (including those of conventional funds and ETFs) for the second week in three, redeeming a net $6.6 billion for the LSEG Lipper fund-flows week ended Wednesday, January 24, 2024. Fund investors were net purchasers of fixed income funds (+$3.9 billion), commodity funds (+$220 million), and alternatives funds…
In the ever-evolving landscape of financial innovation, the recent approval of Bitcoin ETFs stands as a watershed moment, not just for digital asset enthusiasts, but for the broader financial markets and the political arena. As we edge closer to the 2024 elections, it’s becoming increasingly clear that bitcoin is set to play a pivotal role…
Aleksandra Zhilenkova After one week, $13.9B has been traded across the newly approved ETFs. The first week of data has started to show some clear trends. On January 10th, 2024, the SEC approved eleven US-Listed exchange traded funds (ETFs) that invest in Bitcoin. This has opened up a new asset class for many investors, as…
While being bullish on Bitcoin ETFs for the long term, Arthur Hayes expressed bearish sentiments on Bitcoin in January, anticipating a short-term correction of up to 30% in prices. In a recent post on Tuesday, Arthur Hayes, Chief Investment Officer of the family office Maelstrom and former CEO of BitMEX, delves into the allure of…
peepo Transcript Greg Bonnell: The US Securities and Exchange Commission has approved the availability of 11 spot Bitcoin ETFs for trading on the US markets. Joining us now to discuss is Andres Rincon, head of ETF Sales and Strategy at TD Securities. Andres, it’s great to have you with us, as always. Interesting developments here….
spawns Hello, world. Bitcoin ETFs finally launched last week after anticipation and even an apparent hack of the SEC’s X account. Nevertheless, cryptocurrency enthusiasts and intrigued investors alike now have 11 spot Bitcoin ETFs from which to choose. After the first few two days of trading, the iShares Bitcoin Trust ETF (NASDAQ:IBIT) stands out as…
undefined undefined/iStock Editorial via Getty Images The SEC’s heavily caveated recent approval of a wave of Bitcoin (BTC-USD) ETFs on January 10 2024, and the expectation that that would happen, have fueled a excitement around crypto assets and mechanically closed what was a material NAV discount from earlier in 2023 for the Grayscale Bitcoin Trust…
Authorities in South Korea have warned local financial institutions from offering spot crypto ETFs following SEC approval in the US. South Korea’s financial regulator, the Financial Services Commission (FSC), has said that the spot Bitcoin ETFs recently approved in the US may contravene the country’s law. In an official statement published on Friday, the regulator sounded a…
While Warren has expressed her dissatisfaction with the approval of the 11 BTC ETFs, some lawmakers in the US support the SEC’s decision. In a recent development, US Senator Elizabeth Warren, a key Democratic figure from Massachusetts and a Senate Banking Committee member, has strongly criticized the Securities and Exchange Commission (SEC) for its recent…
Investors interested in Bitcoin ETFs in the US have been transferring their 401k retirement plans to institutions offering seamless trading in a bid to obtain financial freedom. The approval of 11 spot Bitcoin exchange-traded funds (ETFs) has received mixed reactions in the past two days. On one hand, the approval of spot Bitcoin ETFs by…