ETF Financial News

I've often mentioned October as a possible game-changer for bullish market trends, and it's surprising how quickly things can shift.

Gold Exchange-Traded Funds (ETFs) have witnessed increasing inflows in the last few years. Data shows that Gold ETFs witnessed net inflows of Rs 1660 crore during July-September 2023. The inflows are expected to increase this month as investing in Gold is considered auspicious by many during Dhanteras and Diwali festivals.

Dhanteras is just around the corner and one can sense the frenzy among investors to buy gold. But it is not just physical gold that is drawing investor interest, there is a growing appetite for investing in gold ETFs (exchange-traded funds). 

According to Cointelegraph, the enthusiasm surrounding a possible spot Bitcoin (BTC $35,085)exchange-traded fund (ETF) isn’t just driving up the price of Bitcoin. It is also expected to have sparked a resurgence of enthusiasm for blockchain games, Yat Siu, founder, Animoca Brands, explained.

Implementation of employment policies is a crucial aspect of ensuring fair labour practices and protecting the rights of both employers and employees. The new Labour codes aim to balance the welfare of employees and ease of doing business in India. However, the transition to the new regime requires a thorough understanding of the laws applicable and their implications.

As the Diwali gift season is here, you may be wondering what kind of gifts may be subject to tax. This article aims to help you understand what kinds of gifts are subject to tax and what items are exempted.

The cryptocurrency community is excited about the Hong Kong government reportedly weighing the launch of a spot cryptocurrency exchange-traded fund (ETF) amid the ongoing regulatory pushback against such products in the United States.

Bitcoin, the pioneering cryptocurrency, has experienced a slight dip of nearly 1% amidst a broader market rally, drawing the attention of investors and analysts alike. As it navigates through the tumultuous tides of the financial markets, Bitcoin‘s trajectory is influenced by a myriad of factors.

DZ Bank AG, the third largest bank in Germany by asset size, has launched its own digital assets custody platform built on blockchain. According to an announcement published on Nov. 2, the platform will work with institutional clients, offering them crypto securities, such as the crypto bond from Siemens, which DZ Bank had subscribed to six months ago. 

Growing institutional custody service over bitcoin is raising alarms. Arthur Hayes, the founder of Maelstrom Fund, said that bitcoin’s core value of decentralization could be at risk.

The anticipation surrounding the approval of a US-regulated spot Bitcoin ETF is mounting, considering its potential to significantly catalyze the adoption of Bitcoin and its recognition as a viable asset class. As of September 30, 2023, Bitcoin investment products, including Exchange Traded Products (ETPs) and closed-end funds, held about 842k BTC, equivalent to approximately $21.7 billion, according to Charles Yu, a Research Associate at Galaxy.

Stocks on Wall Street soared on Friday, with the major averages scoring their best week of 2023, after weak jobs boosted hopes that the Federal Reserve could be done with its interest rate hiking campaign.

The crypto industry continues to anticipate the approval of a spot Bitcoin exchange-traded fund (ETF) in the United States as more investment managers file amended applications with the Securities and Exchange Commission (SEC).

Disclaimer: The text below is a press release that is not part of  Cryptonews.com  editorial content.

A Gold-buying rush is expected to start soon ahead of the upcoming Dhanteras and Diwali festivals. In this online Q&A, Chintan Haria, Head of Investment Strategy at ICICI Prudential AMC answers important questions investors should know before going for the yellow metal.

‘s tenacious battle against the $36,000 resistance mark has captured the attention of investors and analysts alike, with the cryptocurrency exhibiting marginal gains of 0.02% to position itself at $34,730 on Saturday.

climate change is all around us. If the planet is to avoid even more severe consequences from global warming, the International Energy Agency, the world’s leading energy authority, says, consumption of oil, coal and natural gas needs to be reduced much more rapidly, and clean energy sources like wind and solar power need to expand at a far faster pace. But the stock market doesn’t seem to have gotten the memo. Instead, the shares of a broad range of clean energy companies have been crushed lately, in a rout that encompasses just about every alternative energy sector, including solar, wind and geothermal power. At the same time, rather than weaning themselves off oil, Exxon Mobil and Chevron, the two biggest U.S. oil companies, are doubling down.

GST collections stood at ₹1.72 lakh crore for October 2023, a jump of 11% compared to the same month last year. UPI recorded an all-time high of 11.41 billion transactions amounting ₹17.16 trillion in October 2023, reporting an 8% jump in volume from the previous month.

In an increasingly chaotic world, more clients are asking their advisors to have a little faith.

Amid a fluctuating market and a recent dip in Bitcoin’s value, Michael Saylor, the CEO of MicroStrategy, stands firm in his conviction, suggesting a bright future for the cryptocurrency.

Alongside, a cryptocurrency index platform backed by venture capital giant Andreessen Horowitz (a16z), has launched its V2, aiming to take a decentralized approach to crypto investments using blockchain technology.