Tag Archives: ETFs

On this week’s episode of Yahoo Finance Future Focus, our host Brian McGleenon spoke to Standard Chartered Head of Crypto Research Geoff Kendrick, who shared his insights into the evolving landscape where traditional finance incumbents, such BlackRock and Franklin Templeton, are involving themselves in the cryptocurrency sphere via the recently launched spot bitcoin exchange traded funds (ETFs). A spot bitcoin ETF is a financial product that investors hope will pave the way for mainstream… Source link

With Google updating its policy regarding crypto-related ads, BlackRock and VanEck have seized the opportunity to become the first asset managers to advertise Bitcoin spot ETFs.   The competition in the Bitcoin spot exchange-traded fund (ETF) market has continued to gain momentum as top asset managers roll out different initiatives to control a large percentage of the market.  BlackRock and VanEck Advertise Bitcoin ETF on Google In light of this, leading asset managers BlackRock and… Source link

Eleven spot bitcoin (BTC-USD) ETFs kicked off trading Thursday after securing approvals on Wednesday. Investors flocked to the new crypto offerings, driving $4.6 billion in volumes on opening day. Delta Air Lines (DAL) topped fourth-quarter earnings estimates but trimmed its 2024 profit guidance on the back of lingering cost pressures. Though Delta grew revenue 12% last quarter as travel rebounded, margins continue to suffer on high operating expenses. UnitedHealth Group (UNH) shares slipped… Source link

“We had over 400 launches this year,” Nadig said, which he thinks could be a record. Looking at funds that launched this year, Nadig noted the Fairlead Tactical Sector ETF (TACK ), which uses a sector rotation strategy and technical analysis. Since its launch in March, it’s beaten the S&P by about 10%. “It’s a hole in the marketplace, there’s not a lot of these actively managed, technical rotation type strategies out there,” Nadig said, noting that this has been several… Source link

Bold bets on high-flying technology stocks from Cathie Wood’s ARK Invest have destroyed an estimated $1.3 billion in shareholder wealth over the past decade, a Morningstar analysis published this week found. And these losses don’t take into account the sharp declines seen across ARK’s suite of investment offerings so far this year. According to Morningstar, the bulk of these losses came primarily from two of ARK’s actively managed vehicles last year: the ARK Genomic Revolution ETF (ARKG) and… Source link

VettaFi financial futurist Dave Nadig appeared on Yahoo Finance to discuss so-called “anti-woke” funds. Many of these funds have focused on being anti-ESG by adding exposure to the oil industry and sectors that tend to have more negative environmental impacts. Funds like the newly launched God Bless America ETF (YALL) have managed to get attention, but Nadig sees that fund as using a different tactic. Nadig said YALL, “isn’t pretending to go anti-ESG so much as… Source link

Traders betting against Cathie Wood’s ARK Invest have had a lucrative run this year. Shorting the firm’s family of eight exchange-traded funds (ETFs) has turned investors a mark-to-market profit of $2.4 billion so far in 2022 – more than twice the $941 million profit they made in all of last year, per figures from data analytics firm S3 partners. Of that gain, $492 million has been generated since mid-August, as technology stocks resumed a downslide amid renewed rate hike fears and… Source link

ARK Invest founder and CEO Cathie Wood relinquished her role as portfolio manager at two of the investment management firm’s exchange-traded funds, according to a regulatory filing. William Scherer, who has served as a trading manager at ARK since 2014, has been appointed to handle investments in place of Wood for the company’s two index funds, ARK 3D Printing ETF (PRNT) and ARK Israel Innovative Technology ETF (IZRL) beginning September. The 3D printing-focused fund has a net value of… Source link

Markets tanked yesterday on the release of August’s consumer price index report that revealed a 0.1% month-over-month rise in broad inflation in August on expectations of a decline, with core CPI (excluding food and gas) gaining 0.6% over the same period. Todd Rosenbluth, head of research at VettaFi, appeared on Yahoo Finance’s “ETF Report” to discuss risk-conscious investing options for advisors in a volatile market. The major indexes closed down yesterday on their… Source link

As the Fed tightens monetary policy and asset prices come down, investors may wonder if there is anywhere to hide during a bear market. In continuation of our series, “What to do in a bear market,” Yahoo Finance asked some experts which ETFs, or exchange-traded funds, to consider during these volatile times. Firstly, what is an ETF? Think of exchange-traded funds similar to a basket of securities that trade on an exchange, just like a stock does. EFTs may contain stocks within an industry,… Source link