Bitcoin growing popularity and use shows no signs of slowing down. If there was any doubt that the flagship cryptocurrency will ever find its way into the mainstream sector, then Tesla Inc. (NASDAQ:TSLA) might as well have cast them out. A confirmation that the EV giant will start accepting Bitcoin payments for its cars affirms
ETF
Stiff competition for capital flows is turning out to be the order of the day in the Exchange Trade Fund market. Competition for investor’s capital in the $6 trillion market has edged higher in recent months, prompting some of the biggest funds to slash costs to industry lows. ETF Fees Cut BlackRock is the latest
The first bitcoin exchange-traded fund (ETF) started strongly on its first trading day and sold $165 million worth of shares on the TSX exchange. Interestingly, the Purpose Bitcoin ETF (BTCC) outperformed on its first day, with investors trading almost 100 million shares of the fund, thus making it among the most active stocks on the
Chinese asset manager CSOP Asset Management has launched the first exchange-traded fund in Hong Kong to track China’s Star Market. The Shanghai-based science and technology board has been drawing significant interest in the mainland since its establishment 18 months ago. CSOP Asset Management launches ETF to Track China’s Star Market The launch of CSOP Asset
The Exchange Traded Fund frenzy does not show any signs of cooling off even with equities at all-time highs and amid fears of an imminent correction. With social media emerging as a powerful tool capable of influencing actions in the equity markets, ETFs targeting the social media frenzy could be the way forward. Investment firm
Bitcoin’s growing popularity is taking the world by storm and having a ripple effect on various sectors. Its price rallying to record highs of $42,000 in recent weeks has been the center of attention. The rate at which Bitcoin’s user base is growing is also taking the world by storm, threatening to have a ripple
Bitcoin has already had a blockbuster 2021, on rallying to record highs of $41,000. While the crypto has pulled lower, you will be mistaken to think the upward momentum has cooled off. As it stands, pullbacks have acted as minor corrections, from where bulls have come in and continued to push the crypto higher. Likewise,
Exchange-Traded Funds (ETF) have been on a roll as investors look to diversify their investment portfolios. The diversified nature of these investment vehicles has proved to be highly reliable and resilient amid the elevated volatility levels in the market. Bond ETFs in Focus Capital inflows into exchange-traded funds have continued to edge higher as investors
Bonds remain under pressure as talk of more stimulus package to revitalize a struggling U.S economy continues to gather pace. The yield curve is steepening as investors await big borrowing under the Democrat’s regime, who now control both houses. Rising Yields The U.S 10-year debt is up by more than ten basis points for the
U.S stock markets had one of the worst starts to a new year as stocks tumbled owing to growing concerns about the outcome of senate runoffs in Georgia. Uncertainty over the long-term impact of the COVID-19 situation also continues to take a toll on investor’s sentiments. Exchange-Traded Funds have also felt the full force of
The exchange-traded fund landscape has seen a spike in capital inflows as investors pursue diversified investments given the elevated volatility levels in the capital markets. In recent days, the focus has been on ETF providing exposure to Pfizer Inc. (NYSE:PFE), a company that is closing in on regulatory approval of a much-needed COVID-19 vaccine. A
Climate change is not a facade but an issue that could hurt countries finances if necessary measures are not taken. Investment firm BlackRock has unveiled a new sovereign bond ETF that weight’s countries based on their level of risk to climate change. The new ETF comes amid growing calls for the fund industry to do
The NASDAQ and Brazilian fund manager Hashdex have reached an agreement for the launch of the first-ever Bitcoin Exchange Traded funds. The Bitcoin ETF will go live and trade on the Bermuda stock exchange as the two looks to leverage the nation’s crypto-friendly regulations. It was impossible to launch the ETF in the U.S as
Exchange-Traded Funds have performed exceedingly well as extreme levels of volatility and uncertainty forced investors to pursue diversified exposure in the market. Building up with the ETF frenzy, a new Cannabis ETF has hit the market as the need to provide investors with diversified exposure to the burgeoning segment continues to heat up. Pure U.S
The Exchange Traded Fund market has been a buzz of activity in 2020 in the wake of the Federal Reserve cutting interest rates to record lows. Investors have continued to shun yields in favor of ETFs that continue to provide broad exposure to a stock market that shows no signs of slowing down, clocking record
Exchange-traded funds (ETFs) track benchmark indices. Although not all assets under management belong to the index, about 95% of them are selected directly from the index. ETFs are more like mutual funds, but the difference being that investors can easily buy ETFs off an exchange. Often, ETFs present a strong case for investment because of
Investments in Exchange Traded Funds have skyrocketed in recent months as value investors shy away from individual stocks that appear expensive and overstretched in the market. With most counters near the peak, the risk of incurring significant losses is pretty high on the market reversing. ETFs appear to be offering a safer approach for gaining
Bonds have been badly hit in the wake of the Federal Reserve printing trillions of dollars to calm the markets and revitalize economic growth. The central bank cutting interest rates to near-zero has seen investors shun bonds given the reduced rate of return. However, that does not mean it is all doom and gloom in
U.S stocks raced higher on the first trading day of the month as a handful of stocks kicked off at the back of hefty gains in July. The tone in the stock market remained bullish as investors reacted to better than expected earnings results amid a challenging business environment fuelled by the COVID-19 pandemic. Here
The U.S dollar is on course for its worst performance since 2010 in July after four consecutive weeks of declines. The world’s reserve currency has been under pressure in recent months after peaking to three-year highs in March. It has since plunged to 22-month lows after a 3% slide against the majors. A week dollar
The investment landscape in Europe is slowly changing. Retail investors are increasingly taking the fight to institutional investors as the race for investment opportunities in the equity markets gather speed. Trading volumes in some of Europe’s big Exchange Traded Funds have more than doubled since the start of the year. Europe’s ETF Demand The spike
Interest rates, at record lows, have made it extremely difficult for investors to generate solid current income in the capital markets. The situation is the same in many countries, given the meager interest rates from government bonds. Traders are increasingly turning to Exchange Traded Funds, or ETFs, to bolster investment portfolios given their sizeable and
Dogecoin has taken the cryptocurrency space by storm, exploding by over 100%, with trading volumes spiking by more than 2000%. A spike on huge volume stems from a viral Tik Tok challenge, urging traders to take the meme-based cryptocurrency price above the $1 mark. Tik Tok Price Pumping It all started with Tik Tok user