ETF Financial News

The cryptocurrency market has had an extraordinary year, and market participants are optimistic about the prospects for 2025 as a new administration takes over in Washington D.C., though plenty of uncertainty remains.

Bitcoin (BTCUSD) has had a strong 2024, climbing past many price milestones—including $100,000—as a confluence of factors drove up investor confidence in the leading cryptocurrency.

Bitcoin (BTCUSD) has had a spectacular run this year, rising to over $100,000, and some analysts expect it to go even higher next year. While that may tempt you into considering investing in it, financial advisors remain cautious about recommending the cryptocurrency to clients and suggest allocating only a small portion of your portfolio towards it.

Subscribe to enjoy similar stories. The landscape of international investments through exchange-traded funds (ETFs) in India has become increasingly complex, with investors facing unprecedented challenges in accessing global markets. Regulatory constraints and market dynamics have created a unique investment environment where overseas ETFs are trading at substantial premiums.

Bitcoin (BTCUSD) has had a strong 2024, climbing past many price milestones—including $100,000—as a confluence of factors drove up investor confidence in the leading cryptocurrency.

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Spot gold, reeling under the huge downside pressure due to lack of China’s stimulus details, strong US data and the Fed’s hawkish shift in its monetary policy announced on Wednesday fell below $2600, though it recovered some of its losses in the last two trading days of the week. The metal closed with a gain of 1.13% at $2624 on Friday. However, it was still down nearly 1% on the week. It traded in the range of $2583-$2693 in the week.

The fund house informed about this to its unitholders through a notice-cum-addendum. The changes for Mirae Asset Balanced Advantage Fund, Mirae Asset Multi Asset Allocation Fund, Mirae Asset Equity Savings Fund, Mirae Asset Midcap Fund, and Mirae Asset Flexi cap Fund will be effective from January 1, 2025. The changes in Mirae Asset Gold ETF Fund of Fund will be effective from December 24.

Hemang Jani, Independent Market Expert, says Zomato is now part of the Nifty and typically, when you see some flows either ETF related or otherwise in one of the global indices, that creates its own impact on the stock. So, definitely from a fundamental standpoint, given the 30-35% discount at which Swiggy is trading at, that would be a preferred bet. Jani says as a short-term tactical play, he likes Zomato, Swiggy, and some of the other platform companies. Yesterday when the markets were closing, we did not anticipate this bolt out of the blue coming in from the Federal Reserve, the fact that the dot plot is indicating only two rate cuts next year. Hemang Jani: After going through weakness in the last two days, this was clearly not expected. And the way the entire event panned out wherein the rate cut guidance has been only muted and only two rate cuts is what the Fed is looking at and maybe probably because of the way the US markets also had gone up in the last, let us say, about six months or so, so typically, the market tends to create a hype around certain events. When you do not see something coming out as per expectation, there is a huge swing in volatility and which is what we are seeing over there. From our perspective, maybe you could see a bit of a negative start. But our market is actually segregated into two halves.

Mutual funds were busy launching new fund offerings or NFOs in 2024. Fund houses launched a record number of 205 mutual fund schemes in the said period. This includes active and passive, open- and close-ended mutual funds in both equity and debt segments. The number does not include the schemes launched in December. (Source: AMFI) Around 205 mutual fund NFOs were floated in the market in 2024 which together collected Rs 1.04 lakh crore. Around 198 open-ended funds collected Rs 1.03 lakh crore whereas seven fixed term plans which are close-ended funds collected Rs 954 crore in the said period. Also Read | Year-ender 2024: Top 10 equity mutual funds of the year. Do you have any?

The U.S. market gained more than 25% for the year to date through mid-December 2024

Fresh from promoting Brian Carosielli as global head of credit trading, Bank of America has made some new changes to its credit business. It hasn't hired any new traders. It has given its existing big credit traders some even bigger jobs. 

passive funds in their portfolio. WHAT ARE ACTIVELY MANAGED MUTUAL FUND SCHEMES? An actively managed fund is a scheme where the fund manager is in charge. The fund manager monitors stocks, makes buy or sell decisions on each stock, decides weightage in the portfolio based on the objectives of the scheme

Financial advisors will soon — and for the first time — hold more of their clients' assets in exchange-traded funds than in mutual funds, according to a new report by Cerulli Associates.

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The new year will usher in the bitcoin-friendly administration of President-elect Donald Trump and an expanding lobbying effort in statehouses

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Certificates of deposit (CD) with a 1-year term are special types of accounts with interest rates that are usually higher than other savings accounts. In exchange for the high rate, you must keep your funds locked up for about 10 to 14 months. This may be good for your short-term savings since you can access the money by next year.

passive funds: Mirae Asset Nifty India New Age Consumption ETF and Mirae Asset Nifty India New Age Consumption ETF Fund of Fund. The new fund offer or NFO of Mirae Asset Nifty India New Age Consumption ETF and Mirae Asset Nifty India New Age Consumption ETF Fund of Fund are open for subscription and will close on December 20 and December 26 respectively. Also Read | Mutual funds see Rs 8,995 crore inflow in mid and small cap funds in November. Should you allocate more?

Subscribe to enjoy similar stories. The buzzword on Wall Street is to “democratize" everything that was once exclusively for sophisticated investors, be it hedge-fund strategies, options trading or private markets. It was only a matter of time until the list included tax avoidance.

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