ETF Financial News

₹25 lakh of my savings just going for my father’s medical expenditure. After this, I have tried to take as much medical insurance as I can, for my family. I have got ₹4 crore medical cover for my family; ₹3 crore for my wife and I and a separate, ₹1-crore health cover, for my son," says Mohanty in an interaction with Mint for the Guru Portfolio series.

February was another terrific month for the stock market as the S&P 500 and Nasdaq wrapped up their fourth winning month in a row to notch their best start to a year since 2019.

Solana ($SOL) wore the crown in the last quarter of 2023. Bitcoin ($BTC) has led markets in the first quarter of this year. Naturally, it’s time for a big rotation back into Ethereum ($ETH). Anybody who has looked at the oversized effect of TradFi inflows on $BTC’s price post-approval knows that the ETF trade is the best trade to be in.

Exuberance is back in markets. A frenzy over artificial-intelligence technology has stoked a monster run in Nvidia shares. Major stocks indexes are clinching repeated records.

crypto market, attracting a wave of new investors and igniting a surge in trading activity. This positive momentum has created a ripple effect of optimism that transcends Bitcoin alone. Now, as the U.S. Securities and Exchange Commission (SEC) gears up to decide on a potential spot Ethereum ETF hit in May, anticipation is running high for another major milestone in the crypto space. If Bitcoin's dominance in the crypto market is undeniable, Ethereum's unique functionalities and growing ecosystem make it a force to be reckoned with. The Ethereum blockchain and its native currency, Ether (ETH), serve as the backbone for a vast array of decentralized applications and innovative projects. From smart contracts to decentralized finance (DeFi) and non-fungible tokens (NFTs), Ethereum's ecosystem continues to drive unprecedented levels of use cases and activities.

Citizenship and residency status: Both have a direct impact on international investment options and tax liability in respective countries. Risk profile: Your risk-taking appetite will decide if at all you should venture to invest internationally and how much exposure you would be comfortable with. Retirement goals: What is the lifestyle you would like after you retire? Once you are clear about this, you can determine the monthly savings you will need to support that lifestyle.

As Bitcoin (BTC) consolidates just below recent highs in the $60,000s and other major coins like Ether (ETH) and Solana (SOL) take a breather from rallying, traders looking for quick profits are hunting for top crypto gainers today in the shitcoin market.

The rapid growth of Bitcoin spot ETFs has dramatically reduced the supply of Bitcoin available through over-the-counter (OTC) desks.

In the month of February, Bitcoin added more than 40% to its price per coin, reaching above the key psychological resistance level of $60,000. If BTCUSD can sustain above this important level, new all-time highs are less than 15% away.

exchange-traded fund (ETF), the world's largest cryptocurrency Bitcoin (in value terms) has surged 35%. This uptrend has been fuelled by a combination of factors, primarily the increased accessibility and legitimacy provided by the ETFs. Bitcoin's price surged from $46,106 on January 10, 2024, to $62,500 on March 1, 2024. This surge represents a 35% increase in just under two months.

In the latest Bitcoin price prediction, BTC’s price surged to $61,600, marking a 0.50% increase amid Asia’s trading session on Friday.

market capitalization amongst all crypto assets, Bitcoin plays a crucial role in shaping overall market dynamics, influencing investor behavior, and impacting price movements of the broader crypto universe. Understanding these correlations is essential for new investors looking to navigate the complexities of the crypto market effectively. However, particularly for Bitcoin, there are a couple of additional forces at play, both from its inherent supply dynamics, and an ongoing surge in demand from mainstream institutions via the newly launched spot Bitcoin ETFs. So for anyone interested in crypto investing, remember that there’s Bitcoin and then the rest of crypto. The “digital gold” narrative for Bitcoin has never been stronger and the upcoming “halving” will further cement that position in investor portfolios.

Asset management firm Vanguard CEO Tim Buckley is retiring by year-end 2024 after leading the firm for six years, and a total of 33 years working at the firm.

Bitcoin ETFs – fueled by fear of missing out on the latest crypto rally. BlackRock Inc.’s iShares Bitcoin Trust (ticker IBIT) netted $612 million Wednesday in its biggest one-session haul, breaking a record set just a day prior, data compiled by Bloomberg show. Altogether, the 10 new exchange-traded funds investing directly in the world’s biggest cryptocurrency took in a net $673 million, even with the outflows seen by Grayscale Bitcoin Trust (GBTC). The cash pouring into the funds handily beat their launch day record of $655 million set on Jan. 11.

In wake of its recent surge north of $60,000, Bitcoin’s market value has overtaken that of Russia’s Ruble, cementing its place as the 15th most valuable currency worldwide.

By Niket Nishant and Pritam Biswas

Bitcoin’s price hit US$60,000 on Wednesday for the first time in more than two years, as a surge of capital into new U.S. spot bitcoin exchange-traded products fueled a rally that has reached 42 per cent this month, on track for its largest monthly gain since December 2020.

Bitcoin (BTC) miners are offloading part of their assets as they look towards the upcoming halving amid increased market activity and the rising Bitcoin price.

Bitcoin surged for the third consecutive day, approaching the $64,000 mark in early market trading today, marking its highest level since November 2021 as bulls continue their march toward all-time highs near $68,900.

South Korea’s ruling People Power Party has indefinitely postponed its plans to ease crypto regulations, including the lifting of the ban on local spot Bitcoin (BTC) exchange-traded funds (ETFs). 

MintGenie, Mehta said that before you begin investing in any asset class, you should keep a financial backup or “Emergency Money" ready to see you through 12 months of expenses. India is one of the fastest growing major economies and the Indian economy is projected to reach $5 trillion in the next few years. We estimate that India will account for 14% of global GDP by 2050.