ETF Financial News

Grayscale Bitcoin Trust may be reaching an equilibrium after months of investor selling, Michael Sonnenshein, CEO of crypto asset manager Grayscale Investments, told Reuters on the latest episode of Inside ETFs. Grayscale has battled to retain dominance of the bitcoin exchange-traded fund (ETF) market since rival offerings from nine other issuers emerged in January, after the U.S. Securities and Exchange Commission (SEC) approved the launch of the products after a decade-long tussle with the crypto industry.

Hong Kong this month with the first approvals likely to be announced next week, two people familiar with the matter said. That timeline would make Hong Kong Asia's first city to offer the popular ETFs and is much faster than industry expectations of launches sometime this year.

SPDR Bloomberg 10+ Year US Treasury Bond UCITS ETF, SPDR Bloomberg 7-10 Year US Treasury Bond UCITS ETF and SPDR Bloomberg China Treasury Bond UCITS ETF will be delisted from Borsa Italiana on 10 July. On 10 May, SPDR MSCI EM Asia UCITS ETF will be removed from Euronext Paris and SPDR MSCI Japan EUR Hdg UCITS ETF will be taken off the London Stock Exchange. Fidelity Investments imposes fee penalty on ETF investors for non-compliant issuers SSGA said it regularly reviews the exchanges ETFs are listed on and in a recent review, decided to delist the funds to «concentrate liquidity» o...

South Korea’s elections take place today and the outcome of who comes out tops will play a crucial role in influencing the regulatory environment for the crypto industry.

Hong Kong’s securities regulator aims to approve the first batch of Spot Bitcoin ETFs on April 15.

South Korean election results could hinge on the voting intentions of the country’s 6 million crypto traders, reports claimed April 9.

Ripple’s CEO, Brad Garlinghouse, anticipates the cryptocurrency market cap soaring to $5 trillion this year, fueled by significant macro factors such as the launch of the first U.S. spot bitcoin ETFs and the forthcoming bitcoin halving event. With the the XRP price predictions seems to be taking a bullish turn.

Defiance ETFs applied for yet another leveraged crypto ETF on Monday – this time centered around Ethereum (ETH), rather than Bitcoin (BTC).

A spokesperson for the firm told Investment Week that Krautzberger, who is also the lead portfolio manager for its euro fixed income portfolios, will be departing for a new opportunity. Krautzberger's tenure at the firm dates back to 2005, including a period with Merrill Lynch Investment Managers as head of the European fixed income aggregate portfolio team, before the firm merged with BlackRock in 2006.  From 2011 to 2014 he served as chief investment officer and member of the board of BlackRock Asset Management Deutschland.  Amundi poaches global ETF head from BlackRock «We th...

Simplify Asset Management, AXS Investments, Day Hagan Asset Management, Sterling Capital Management, Cambiar Investors, Regents Park Funds, Rayliant, Adaptive Asset Management and Running Oak Capital are the nine firms whose ETFs could be affected by the charges. The list will be updated and could change before the plan goes into force. BlackRock launches two active iShares ETFs in Europe Investment Week understands that it is the ETF issuers' decision to pass the fee on to the end investor. The «support payments» the US fund giant is requesting are 15% of total fund revenue. The f...

There’s not much doubt that the Bank of Canada will hold its interest rate tomorrow, but there is a lot of debate over how policy makers will sound.

Spot Bitcoin (BTC) exchange-traded funds (ETFs) in the United States have experienced a reversal in investor sentiment, seeing net outflows following four consecutive days of inflows. 

Bitcoin’s price ascends to $71,800, marking a 4% rise on Tuesday, spotlighting the Bitcoin price prediction debate. Amidst growing consumer trust and market dynamics, only a fraction anticipates Bitcoin reaching $75,000 by year’s end. Factors like the surge in ETF interest, the “bitcoin halving,” and regulatory shifts shape this outlook, hinting at a potential upward trajectory for Bitcoin’s valuation in the evolving cryptocurrency landscape.

Billionaire Arthur Hayes has expressed a cautious view regarding the upcoming Bitcoin halving and the effects it will have on the price of the asset. 

In the whirlwind resurgence of cryptocurrency, the world’s attention has once again turned to the digital asset space. Bitcoin’s triumphant break of its all-time high in the first week of March has ignited a fervor, with ETF approvals coming fast and furious, sending everyone scrambling to secure their positions in this ever-evolving game.

Bitcoin (BTC) shook off last week's jitters and briefly traded above $72,000 on Monday—an indication that the rally has far from stalled ahead of its fourth halving later this month.

A few weeks ago, when the gold price hit a record high, no one besides a few gold bugs seemed to care. Bitcoin also hit a record high. Everyone cared.

Stephens, who currently serves as JPMAM's global co-head of ETF capital markets, has replaced DWS global head of capital markets Keshava Shastry, who is stepping down from the committee after four years.  Rajat Tiwari, iShares EMEA global markets at BlackRock, has been appointed deputy chair, succeeding Stephens, who held the role from April 2020.  Newton IM and M&G Investments chiefs Munro and Pinto join Investment Association board Galina Dimitrova, director, investment and capital markets at the IA, said: «We would like to thank Keshava Shastry for his time and dedication to tak...

Ripple CEO Brad Garlinghouse anticipates that the crypto market capitalization will exceed $5 trillion by the end of the current year.

Gold’s scorching run to an all-time high may seem easy to explain from a distance, given the fractious geopolitical climate and murky outlook for the global economy. The precious metal is famously seen as a “safe haven,” and the general view is that bullion prices should rise when interest rates fall — which many investors expect will happen later this year. And yet. Take a closer look, and it’s far from clear: why is gold suddenly rising right now?

SPIVA) India Scorecard. It shows that a large chunk of actively managed Indian equity mutual funds underperformed their benchmarks. Many advocate for lowercost index funds and ETFs citing such studies. However, investors should understand that knee-jerk reactions concerning long-term investment plans are best avoided. Ultimately, the choice of active, passive, or both should be determined by individual preferences. Most active funds lagging Active equity funds rely on managers’ decisions, while passive funds attempt to track indices efficiently. As per SPIVA, five out of 10 large-cap funds underperformed the S&P BSE 100, while over 73% of mid- and smallcap schemes lagged the S&P BSE 400 MidSmallCap in 2023. ELSS funds did better, with 30% underperforming the S&P BSE 200. Longer-term data (see table) reveals various nuances about the frequency of underperformance.