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Search Results for: etfs

SEC Rejects Bitcoin Spot ETF Proposal of Ark Invest and 21Shares

A Bitcoin spot ETF has been denied approval by the SEC yet again. ARK Invest, led by Cathie Wood, and 21Shares, a provider of cryptocurrency exchange-traded funds (ETFs), tried again with their strategy to launch the Bitcoin ETF, but were unsuccessful. The original filing date was May 13 of last

January 27, 2023 2 mins read

Investing Platform Public Debuts Rare Sneaker Portfolio

First-of-its-kind investable asset supports Public’s mission to make more asset classes available to more investors NEW YORK–(BUSINESS WIRE)–Public.com, an investing platform that lets members invest in stocks, ETFs, crypto, and alternative assets, debuts a first-of-its-kind alternative asset, The Rare Sneaker Portfolio. This asset bundles together 77 pairs of iconic and

January 26, 2023 5 mins read

Circle Criticizes SEC Over Approval Leading to Fallout of SPAC Deal

USDC stablecoin issuer Circle claims the SEC’s inactivity caused it to be unable to go public. Via a $9 billion SPAC merger last year. In the wake of the FTX cryptocurrency exchange’s collapse last month. A planned merger between Circle and Concord Acquisition, a special-purpose acquisition firm established by former

January 25, 2023 1 min read

Annual Bitwise/VettaFi Survey Finds 60% of Financial Advisors Are Long-Term Bullish on Crypto Despite Volatile Market

Advisors allocated to crypto in client accounts near all-time high levels, while citing limited access and uncertainty as challenges, according to the fifth annual benchmark survey. SAN FRANCISCO–(BUSINESS WIRE)–Bitwise Asset Management, the world’s leading crypto index fund manager, and VettaFi, a leading data-driven ETF platform, today released the findings of

January 25, 2023 5 mins read

ProShares Names Senior Industry Executive Annette Lege CFO

BETHESDA, Md.–(BUSINESS WIRE)–ProShares, a premier provider of ETFs, today announced that Annette Lege has joined the firm as Chief Financial Officer and a member of its management team. Ms. Lege comes to ProShares after a 24-year career at Invesco, where she was most recently chief accounting officer and head of

January 9, 2023 2 mins read

Gray Scale Ethereum Trust (ETHE) Trading at 60% Discount

According to data provided by YCharts. The discount at which the Grayscale Ethereum Trust (ETHE) trades in relation to the price of Ethereum (ETH) is at an all-time high of 59.39%. Although the fund has historically traded at a premium to ETH. Since November 2021 it has consistently traded at

January 3, 2023 1 min read

Elon Musk Introduces a Unique Feature on Twitter

On Tuesday, Twitter CEO Elon Musk introduced a new Twitter feature exclusively dedicated for investors, traders, financial experts, and organizations. With the new Cryptocurrency feature, users can look for the price of Bitcoin (BTC) and Ether (ETH) by simply typing their names or tickers into the search bar. Users can

December 22, 2022 2 mins read

Apex Fintech Solutions and Unifimoney Announce Partnership to Provide America’s Credit Unions and Community Banks with Digital Investment Solutions

Enables community financial institutions to equip account holders with access to a full suite of digital wealth management services SAN FRANCISCO & AUSTIN, Texas–(BUSINESS WIRE)–Apex Fintech Solutions (“Apex”), the powerhouse enabling seamless access, frictionless investing, and scalable infrastructure for hundreds of leading fintech companies, today announced a partnership with Unifimoney

December 13, 2022 3 mins read

Unifimoney Joins Alkami Partner Program to Empower Regional Banks and Credit Unions with Digital Wealth Management

Partnership brings self-directed investing and wealth management services to account holders of all sizes SAN FRANCISCO–(BUSINESS WIRE)–#communitybanks—Unifimoney, a multi-asset digital wealth management provider, today announced that its digital wealth management solution will be available through the Alkami Platform. The partnership enables financial institutions (FIs) to offer wealth management services, including

December 8, 2022 2 mins read