Tag Archives: Hodl

When the spot exchange-traded funds (ETFs) were set for release in early 2024, the main metric many looked at to differentiate the many options was the expense ratio or the amount of fees charged by the ETF sponsor. For some, the fees were relatively low, but others, such as Grayscale Bitcoin Trust (GBTC), were high. This difference became apparent when GBTC began experiencing huge outflows after its ETF was converted from a futures-linked ETF to a spot ETF. Many who had invested in GBTC when… Source link

Keith Martin, 31, and his Bored Ape NFTPhil Rosen/Insider Keith Martin bought a Bored Ape NFT in May 2021 for around $1,700 — just as digital assets began to boom. It’s now worth almost 100 times that and he told Insider at the NFT.NYC conference he won’t sell any time soon. To Martin, the crypto bear market is not a concern, and he even quit his job to get into Web3. When Keith Martin bought his first Bored Ape Yacht Club non-fungible token in May last year, he paid less than $500 and seemed… Source link

Sometimes, it’s best to “hodl” — even if it means embarrassing one of the biggest art auction houses on earth. Earlier this week, a historically high-priced Sotheby’s auction for 104 Crypto Punk non-fungible tokens (NFTs) was abruptly withdrawn. NFTs have become a highly lucrative asset class in their own right, powered by the soaring popularity of smart-contract digital tokens like Ethereum (ETH-USD), with the unique images seeing eye-popping sales amid booming mainstream interest. But… Source link

TipRanks 3 “Strong Buy” Stocks Under $10 That Are Poised to Take Off COVID is receding, and markets are rising; those are the two trends that investors have most on their minds right now. It’s entirely sensible that they’ll go together. As the economy reopens, money will begin to circulate faster – and find its way in the equity market. With economic conditions improving, investors are on the lookout for the best returns in an expansionary environment. One natural place for them to… Source link