Tag Archives: ETFs

Cryptocurrency lending company BlockFi is partnering with investment manager Neuberger Berman to launch a series of crypto investment products, like exchange-traded funds (ETFs), which are taking the digital currency market by storm. Only weeks ago, BlockFi filed with the Securities and Exchange Commission to list its “BlockFi Bitcoin Strategy ETF,” which kicks off a 75-day regulatory approval process. As proposed, the fund will hold Bitcoin (BTC-USD) futures contracts, similar to ETFs… Source link

Bitcoin sits above $64,000 on Tuesday, zeroing in on a record high as excitement over its first exchange-traded fund (ETF) — and another soon to come — reached a fever pitch. As the largest cryptocurrency by market capitalization rallied by over 4% on the day, The Proshares Bitcoin Strategy ETF (BITO) launched on the the New York Stock Exchange (NYSE) — the first ever BTC (BTC) related fund available to U.S. investors. While some market participants have questioned the utility of the… Source link

Investor hunger for more exchange-traded funds (ETFs) is catching the attention of asset managers now eager to convert their mutual funds. [Read: Yahoo U: What are ETFs?] On Wednesday, JPMorgan Asset Management announced plans to convert about $10 billion in U.S. mutual funds into ETFs, the latest in a trend that could be set to accelerate. The plan will create “active transparent ETF structures” out of four current mutual funds: JPMorgan International Research Enhanced Equity Fund, JPMorgan… Source link

It appears that Shark Tank investor Kevin O’Leary no longer thinks bitcoin (BTC-USD) is “garbage.” The chairman of O’Shares ETF told Yahoo Finance Live that he’s allocated 3% of his portfolio to the world’s largest cryptocurrency after his native Canada, and a handful of other countries, eased restrictions on institutional buying of the asset. O’Leary said he now views bitcoin as digital gold and a hedge against inflation that will appreciate over time, but he warns “there’s… Source link

Google-parent Alphabet GOOGL recently reported first-quarter 2021 results, with earnings and revenues topping estimates and increasing on a year-over-year basis. Notably, Alphabet’s share price has surged about 3% since posting the impressive earnings results on Apr 27. Q1 Earnings at a Glance Earnings per share were $26.29, surpassing the Zacks Consensus Estimate by 68% and increasing 166.4% year over year. Revenues totaled $55.31 billion, rising 34.4% year over year (32% at constant… Source link

For this week’s “ETF Report” on Yahoo Finance, with host Alexis Christoforous, ETF Trends’ CIO and Director of Research, Dave Nadig, was on hand to go over what’s happening with the billion dollars flowing into ETFs targeting natural resources. As he explains, there’s a good reason why it’s become so popular for investors, and it’s related to inflation concerns. “I think a lot of folks are, at least, concerned about inflation,” Nadig says. “One of the ways people express… Source link

TipRanks Oppenheimer: 2 Stocks That Could Climb Over 100% Markets are taking us all for something of a roller coaster ride in recent sessions, alternating gains and drops in precipitous fashion. There’s no telling exactly what comes next, but some of Wall Street’s sharpest minds are on the job. One of those sharp minds is John Stoltzfus, chief investment strategist and managing director at Oppenheimer. Stoltzfus sees us in the preparatory phases of further market gains, and he goes to… Source link

Google-parent Alphabet GOOGL recently reported fourth-quarter 2020 results, with earnings and revenues topping estimates and increasing on a year-over-year basis. Notably, Alphabet’s share price surged 7.6% in after-hour trading on impressive earnings results on Feb 2. Q4 Earnings at a Glance Earnings per share were $22.30, beating the Zacks Consensus Estimate of $15.91 and increasing 36% sequentially and 45.3% year over year. Net revenues, excluding total traffic acquisition cost or TAC… Source link