Bitcoin doubles for 2023, tops $35,000
Bitcoin. Filip Radwanski | Sopa Images | Lightrocket | Getty Images The price of bitcoin briefly topped $35,000 for the first time since May 2022, bolstered by positive sentiment about …
Exchange-traded funds
Coinbase ‘confident’ a U.S. bitcoin ETF will be approved
Coinbase is confident that a U.S. bitcoin exchange-traded fund will be approved by the U.S. Securities and Exchange Commission, the company’s chief legal officer, Paul Grewal, told CNBC. “I’m quite …
Ether futures ETFs fizzle as spot bitcoin fund hangs in limbo
Investor appetite for ether futures exchange-traded funds has remained muted, despite a surge in new listings. Six new ether futures funds from Bitwise Asset Management, ProShares and VanEck launched on …
Risk-taker’s market? Protecting against market ugliness
It may be a risk-taker’s market. Investor and personal finance author Ric Edelman believes it’s a practical strategy to take chips off the table right now. “It comes down to …
Bullish case for corporate bonds over Treasurys tied to rising rates
There may be advantages to owning corporate bonds right now. JPMorgan’s Bryon Lake believes his firm’s Ultra-Short Income ETF (JPST) is ideal for those looking to make money outside the …
Benchmark for small-cap stocks, the Russell 2000, turned negative
Traders work on the floor of the New York Stock Exchange on Sept. 26, 2023. Brendan Mcdermid | Reuters A major benchmark for U.S. stocks — the Russell 2000 index …
ETF bets solely on electric vehicle makers
A new exchange-traded fund is zeroing in on electric vehicle manufacturers. Defiance ETFs runs the Solactive Pure U.S. Electric Vehicle ETF — which is also known as the Pure EV …
Cannabis ETFs rise after HHS recommendation on marijuana
An employee of Aurora Deutschland GmbH, a manufacturer of medical Cannabis products, inspects a flowering Cannabis plant in a greenhouse in Leuna, Germany September 11, 2023. Lisi Niesner | Reuters …
SEC delays decision on spot bitcoin exchange-traded funds
Bitcoin. Umit Turhan Coskun | Nurphoto | Getty Images Even as the U.S. Securities and Exchange Commission delays a decision on several applications for the first spot bitcoin exchange-traded fund, …
A spot bitcoin ETF is much closer to reality, we’re not there yet
The US Court of Appeals for the Federal Circuit in Washington, D.C., US, on Wednesday, Aug. 9, 2022. Al Drago | Bloomberg | Getty Images Well, now the SEC is …