ETF Financial News

Bitcoin (BTC) has struggled to maintain its upward momentum. Recently, it lost traction around the $66,560 level, hitting an intra-day low of $66,416. However, an upward trendline suggests a Bitcoin price prediction.

The likely new head of the top South Korean financial regulator says he is “cautious” about letting corporations invest in crypto.

The SEC has approved several spot Ethereum exchange-traded funds (ETFs), allowing them to begin trading on Tuesday, July 23rd after weeks of registration statement revisions.

Bitcoin's (BTC) recent climb continued Monday, cooling somewhat after prices touched $68,000 over the weekend following the news that President Joe Biden had dropped out of the 2024 presidential campaign.

Goldman Sachs Asset Management wants its star hire from rival JPMorgan Asset Management to provide a shot-in-the-arm to the firm’s public-market franchise.

Hong Kong's CSOP Asset Management said it will launch the CSOP Bitcoin Futures Daily (-1x) Inverse Product on the city's stock exchange on Tuesday morning.

World Gold Council (WGC), many consumers have shifted from jewellery to gold bars and coins as the prices of the yellow metal have surged, making it a preferred asset class among investors. Seasonal factors and high prices have dampened the demand for gold jewellery. At the same time, anecdotal reports indicate persistent demand for bars and coins, indicating a likely shift from jewellery to bars and coins for some consumers. Moreover, there hasn’t been significant distress selling of gold or profit taking from gold sales that are being reported, as consumers anticipate further price increases, said Kavita Chacko, research head, India, WGC. The period from mid-May to July is typically a slack season for jewellery purchasing. A potential revival in demand is expected with the onset of the festival season in the latter part of Q3. The sustained momentum in the domestic economy, coupled with favourable progress in monsoons and crop sowing, has raised expectations of an uptick in demand (both rural and urban) in the coming months.

Bitcoin’s recent ascent to $67,567—its highest mark in a month—signals a potential shift in market dynamics. Currently trading at $66,762, this rally is underpinned by several key factors.

In 2024 the market went through quite a few ups and downs.

Solana (SOL), currently ranked 10th in the cryptocurrency market by capitalization, has been gaining traction, trading robustly around $168.55, with an intra-day high reaching $171.64.

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Bitcoin (BTC) has continued its upward trend, recently surpassing $66,500 and reaching an intra-day high of $67,366. This bullish rally is largely attributed to increased Bitcoin whale holdings, indicating rising investor confidence that supports the cryptocurrency’s price.

After a slight dip Thursday, bitcoin (BTC) gained roughly 4% in Friday trading and is back above $66,000.

In a stock exchange notice today (19 July), the US manager said Dasym's decision to terminate the agreement had triggered a review of the viability of the ETF.  The firm said the fund's assets under management had been at a level that was below the expectations since its launch in November 2021. According to its latest factsheet, the fund holds $2.9m in AUM. VanEck unveils US fallen angels ETF Having considered its viability in light of the «value for money» principles, the directors have determined the total redemption of all remaining shares in the fund is «in the best interest o...

State Street is reportedly evaluating the introduction of a stablecoin and deposit token to facilitate blockchain-based payments and settlements.

Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, managed to halt its early-day losses and surged above the $65,000 mark, reaching an intraday high of $65,360.

The objective of the scheme is to achieve long-term capital growth by investing in securities of the Nifty India Defence Index in the same proportion/weightage, aiming to replicate the total return of the index before expenses, subject to tracking errors. The scheme will be benchmarked against the Nifty India Defence Index- Total Return Index and will be managed by Abhishek Jain.

Hester Peirce, the commissioner at the Securities and Exchange Commission (SEC), says that Ethereum exchange-traded fund (ETF) staking is open for reconsideration.

Bitcoin (BTC) has continued its positive price movement this week, briefly rising above $65,000 on Wednesday. The cryptocurrency asset is now up roughly 12% since Friday amid improved odds for crypto-friendly candidate Donald Trump to be re-elected president and the upcoming approval of spot ether (ETH) exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC).

The global equity UCITS ETF, run by HANetf's white-label platform Goshawk Asset Management, will be made available to investors in Europe. «It is great to be partnering with Harwood Capital Management to launch a new UCITS ETF in Europe,» said Hector McNeil, co-founder and co-CEO of HANetf.  Harbor Capital Advisors teams up with HANetf to enter the European ETF market According to data from the ETF Book cited by McNeil, the partnership comes at a time when European ETF inflows are on the rise, reaching $169bn in 2023, or up 88% from 2022. «White-label enquiries at HANetf are up ...

The price of bitcoin (BTC) turned slightly lower early Tuesday afternoon after crossing the $65,000 level in late trading Monday.