ETF

The idea of the U.S. establishing a national Bitcoin reserve emerged as a striking proposal during a panel discussion at the Benzinga Future of Digital Assets conference. With cryptocurrencies gaining attention in global finance, the suggestion to invest $250 billion in Bitcoin raises questions...

The launch of Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) draws a new wave of institutional interest in digital assets, according to industry leaders who discussed the trend during the recent Benzinga Future of Digital Assets event. The overall sentiment shared among the panelists was that...

Bitcoin ETFs have now accumulated more Bitcoin (CRYPTO: BTC) than the holdings of Bitcoin’s pseudonymous creator Satoshi Nakamoto. What Happened: As of market close on Thursday, these ETFs collectively held 1,105,690 Bitcoin, valued at $110 billion, as per CoinGlass data. This milestone...

The long-term global asset management industry is set for notable growth over the next five years, with assets under management projected to reach $43.6 trillion by 2029, or 7.1% annualized. ISS Market Intelligence published the findings in the latest “State of the Market: Future of Retail...

Litecoin (CRYPTO: LTC) topped the biggest gainers list Tuesday after digital asset trading and management firm Canary Capital filed for an exchange-traded fund (ETF) tracking the proof-of-work (PoW) cryptocurrency's price.  What happened: The coin, created from the hard fork of Bitcoin (CRYPTO...

Editor’s Note: This story has been updated to include a response from a Bitwise spokesperson. In a groundbreaking move, cryptocurrency index fund manager Bitwise Asset Management filed for an XRP (CRYPTO: XRP) exchange-traded fund (ETF), a first for the U.S. market. What Happened: Bitwise...

The cannabis market is abuzz following former President Donald Trump’s recent comments supporting cannabis legalization in Florida.  During a podcast interview, Trump backed the state’s recreational cannabis initiative and emphasized the need for a lawful and regulated framework....

June closed on a high note for the stock market, with the S&P 500, tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY), gaining 3.2%, despite significant disparities in sector and industry performances. The technology sector, as tracked by the Technology Select Sector SPDR Fund (NYSE:XLK), led...

Robert Kiyosaki, the renowned author of “Rich Dad Poor Dad,” has voiced his concerns about Bitcoin ETFs, questioning their authenticity. What Happened: Kiyosaki expressed his doubts about Bitcoin ETFs, stating his reluctance to invest in them. He compared them to gold and silver ETFs,...

Josh Brown, a prominent financial advisor, has urged investors to “get out of cash.” What Happened: The Ritholtz Wealth Management CEO recently shared his thoughts about holding cash. In an interview with CNBC on Friday, Brown said that if one has money that isn’t needed in the...

If Bitcoin (CRYPTO: BTC) spot ETFs can gobble upwards of $15 billion in inflows, and Ethereum (CRYPTO: ETH) spot ETFs are set to open for trading soon, why should Shiba Inu (CRYPTO: SHIB) stay behind? What Happened: In an interesting turn of events, a petition seeking a Shiba Inu ETF has received...

Editor’s Note: A previous version of the article incorrectly added a market ticker to Fidelity Investments. The article has been updated to reflect the correction. Fidelity Investments is reportedly pressuring ETF firms to pay for listing and maintaining their products on its platform, a move...

The cryptocurrency market has seen a surge of interest in 2024, driven in part by the recent approval of Ethereum ETFs by the U.S. Securities and Exchange Commission (SEC). This regulatory move has enabled new investors to access Ethereum, the second-largest cryptocurrency, which experienced a 1.21...

As digital assets gain more traction in the financial world, recent regulatory changes and increased interest from institutional investors are setting the stage for significant shifts in the market. One of the most impactful developments is the U.S. Securities and Exchange Commission‘s (SEC...

A seismic shift is currently underway among the world’s largest exchange-traded funds (ETFs), which could redefine the landscape of the ETF universe. The SPDR S&P 500 ETF Trust (NYSE:SPY), the largest ETF globally with over $500 billion in assets under management, experienced significant...