ETF Financial News

The November election is still months away but with Minnesota Gov. Tim Walz recently named as Kamala Harris’ political partner, the future of drug policy looks bright. As do the formerly “risky” investments and alternative sources of capital retention, like cannabis.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

gold ETFs and sovereign gold bonds, which track prices of physical gold, also crashed by 5-6%. Investors felt shortchanged as the worth of their investments eroded overnight. Have gold investors really been robbed of their gains by the government? The nine percentage point cut in the import duty on gold is acute.

gold mutual funds, as well as equity Funds of Funds (FoFs). These changes include a reduced holding period and a revised long-term capital gains (LTCG) tax rate, while the short-term capital gains (STCG) tax rate remains unchanged. This shift has made these investment options more attractive for investors seeking diversification and tax efficiency. Key Taxation Reforms Reduced Holding Period: The holding period for equity FoFs, international funds, and gold mutual funds has been shortened from more than 36 months to more than 24 months to qualify for LTCG benefits. Revised LTCG Tax Rate: The LTCG tax rate for these funds has been reduced to 12.5% for investments held for more than 24 months. Previously, investments held for over 36 months were taxed at 20%. The STCG tax rate remains tied to the investor's income tax slab.

investors continued to pour money into equity mutual funds through systematic investment plans (SIPs) and lump-sum allocations. Equity mutual funds, led by thematic funds, received ₹37,113 crore in July, as against ₹40,608 crore in June. Flows through SIPs into mutual funds increased, touching a new monthly record of ₹23,332 crore compared to ₹21,262 crore in the previous month. «A large number of savers are turning investors,» said DP Singh, deputy managing director, SBI Mutual Fund. «Many of them are coming into equity mutual funds through systematic investment plans, to meet their long-term goals.»

Arslan Butt is a professional live webinar speaker and derivatives (cryptocurrency, forex, commodities, and indices) analyst. He brings a broad range of skills to help beginners evaluate financial...

Financial advisors in the US are increasingly seeking the expertise of specialists to navigate the complexities of today’s investment environment, according to a recent study by ISS Market Intelligence.

Arslan Butt is a professional live webinar speaker and derivatives (cryptocurrency, forex, commodities, and indices) analyst. He brings a broad range of skills to help beginners evaluate financial...

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Bitcoin spot exchange-traded funds (ETFs) saw $194.6 million in inflows on Thursday, according to data shared by Fireside Investors.

Arslan Butt is a professional live webinar speaker and derivatives (cryptocurrency, forex, commodities, and indices) analyst. He brings a broad range of skills to help beginners evaluate financial...

Securities and Exchange Board of India (Sebi) on Thursday slapped a penalty of Rs 2 lakh on Nippon Life India Asset Management Limited and Rs 1 lakh on Nippon Life India Trustee Limited holding them in violation of total expense ratio (TER) norms prescribed by the regulator. Further, the trustee was penalised after the regulator found that it did not ensure compliance by the fund house.

Bitcoin (BTC) has ended its losing streak and surged above the $57,000 mark for the first time this week on Thursday. This rebound comes as market participants seized the opportunity to buy the dip.

The New York Stock Exchange (NYSE) American has proposed a rule change to list and trade options for three Ether exchange-traded funds (ETFs) managed by Grayscale and Bitwise.

In the five-year period to 31 March 2024, all of the fund's share classes failed to outperform its benchmark by -10.8% per annum, according to the firm's latest Assessment of Value report.  The £164.4m fund's total returns were also down almost 15.9% over the last year and 46.7% over the previous three years, according to its factsheet. Franklin Templeton launches its first Japan index tracking ETF Franklin Templeton's board of directors noted the strategy had delivered strong returns for shareholders in the past – beating the benchmark in almost two thirds of the rolling five-year...

BlackRock and Nasdaq on Tuesday filed with the SEC to introduce options for the iShares Ethereum Trust (ETHA), BlackRock’s spot Ethereum ETF.

Bitcoin trading volumes reached unprecedented levels amid market turmoil, with the Bitcoin fear and greed index showing the lowest levels since July 2022.

ARK Invest capitalized on Monday’s significant market downturn by acquiring Coinbase (COIN) shares for the first time in months.

Bitcoin’s price recently rebounded to around $55,126 after dipping below $50,000, reaching an intraday high of $56,245. This recovery comes amid a series of economic pressures, including the U.S. Federal Reserve’s decision to maintain high interest rates, which has heightened recession fears.