ETF Financial News

Cathie Wood's flagship ARK Innovation ETF (ARKK) significantly raised its stake in a clinical-stage biotechnology company on Monday, data from the firm showed.

Investor confidence is finally returning to emerging markets as equities and bonds rally this month, luring fresh capital into exchange-traded funds that revolve around the asset class.

State Street Global Advisors announced that it has hired Invesco’s global head of ETFs to be its new chief business officer.

Baroda BNP Paribas Mutual Fund announced the launch of the Baroda BNP Paribas Gold ETF. The scheme opened for public subscription on November 28, 2023, and will close on November 30, 2023. The scheme re-opens for continuous sale and purchase within five days from the date of allotment.

A number of crypto advocates have emphasized the significance of Bitcoin (BTC) mining as a “critical tool” for clean energy usage and grid balancing. 

Bitcoin (BTC) may cruise to nearly $50,000 as the United States okays the first spot price exchange-traded fund (ETF).

retail investor can look at in the next six months, i.e. till next summer.

Ether (ETH) is struggling to maintain the $2,000 support as of Nov. 27, following its third unsuccessful attempt in 15 days to surpass the $2,100 mark. This downturn in Ether's performance comes as the broader cryptocurrency market sentiment deteriorates, thus one needs to analyze whether 

Bitcoin (BTC) briefly reached $38,000 on Nov. 24 but faced formidable resistance at the price level. On Nov. 27, Bitcoin price traded below $37,000, which is unchanged from a week ago. 

Reeling from a bear market last year, beaten-up investors decided to send more than US$60 billion to exchange-traded funds focusing on dividends.

The rapid growth in short-dated options that have become popular with hedge funds and retail traders alike is now spreading beyond stocks into other asset classes.

Bitcoin (BTC) exchange-traded products (ETPs) registered $312 million in inflows for the week of Nov. 24, bringing year-to-date inflows to around $1.5 billion, according to CoinShares. The weekly inflows for all cryptocurrencies totaled $346 million, continuing a nine-week trend of positive net flows.

Parthiv Thakkar Indian citizens have many options for investing abroad. For one, they can put their money in mutual funds that invest outside of India. The advantage is ease of transaction but taxation is at slab rate for those in high tax slabs.

MUMBAI : FPI net inflows into Indian bonds in November have hit the highest level in 26 months, thanks to higher allocations by foreign investors to emerging markets like India in anticipation of US interest rates having peaked and buying by non-index funds ahead of the country’s inclusion in JP Morgan’s Global Bond Index - Emerging Markets next year. Analysts expect the flows to remain strong, though volatile.

In the ever-evolving realm of cryptocurrencies, Bitcoin (BTC), the flagship digital asset, remains resilient, consistently hovering above the $37,000 threshold on Monday. The broader crypto market, with a global cap of $1.42 trillion, witnessed a modest 24-hour dip of 1.22 percent. Yet, there’s an air of optimism as the market gradually rebounds, fueled by robust investor confidence.

Bitcoin rose 6% on Tuesday to $35,100 (€33,100), its highest in nearly a year-and-a-half, on mounting speculation that an exchange-traded bitcoin fund is imminent.

Bitcoin (BTC) starts a new week keeping traders guessing near its highest levels in 18 months — what’s next?

In the dynamic world of cryptocurrencies, Bitcoin currently trades at $37,385, marking a slight decline of nearly 1% as of Monday. This movement comes amidst pivotal developments in the crypto industry, highlighted by the former NYSE President’s prediction of a significant influx of capital following the potential introduction of a Spot Bitcoin ETF.

Investors in the first tranche of sovereign gold bonds (SGB), launched in November 2015, have made an annualised return of 10.87%. The Reserve Bank of India (RBI) announced a final redemption price of ₹6,132 per gram of gold when these bonds mature on November 30. In addition to this, investors have also earned an annual interest of 2.5% on these bonds every year and capital gains for those who held these bonds are tax-free. During the same period, the Nifty 50 returned an annualised 12.1%. The first tranche of the SGB was open for subscription from November 5-20, 2015. SGBs were launched by the government as a substitute for physical gold and provided an alternative investment instrument linked to gold. So far, the government has made 68 tranches of these issues since November 2015. An allocation to gold reduces volatility in portfolios and acts as a hedge against rising inflation, and financial planners recommend a 10% allocation to the yellow metal. They argue that allocation to the metal using SGBs is one of the best ways to take exposure to the asset class. SGBs work very well on the tax front as capital gains are tax-free on maturity. By contrast, gains in gold funds or ETFs are taxed at the same rate as an individual's tax slab, which could mean a tax of 30%+ for rich investors. Investors can buy a minimum of 1 gram with a cap of 4 kg in a financial year.

Stocks on Wall Street closed mostly higher on Friday to notch another winning week on growing expectations the Federal Reserve is done with raising interest rates and could start cutting them next year.

Bitcoin price’s recent 1.4% gain, bringing its trading price to $37,800, has investors pondering: is this the beginning of steady growth, or just a brief respite before a decline?