Today: September 21, 2024
Today: September 21, 2024

Latest From Suzanne McGee

Business|Finance

U.S. manufacturing ETFs win assets as investors bet on 'reshoring'

Investors are piling into exchange traded funds focused on companies that are reviving or expanding production in the U.S. and taking advantage of government subsidies.

U.S. manufacturing ETFs win assets as investors bet on 'reshoring'
Business|Finance

Cryptoverse: Bitcoin ETFs take $50 billion baby steps toward big time

Last October, Matthew Hougan told an industry panel that he expected spot bitcoin exchange-traded funds (ETFs) to attract $55 billion of assets in their first five years.

Cryptoverse: Bitcoin ETFs take $50 billion baby steps toward big time
Economy|Finance|Stock Markets

Cash-loving investors dig in even as US rate cuts threaten payouts

A golden era for cash may be winding down as the Federal Reserve gets ready to cut interest rates. Many fans of the investment class are staying put anyway.

Cash-loving investors dig in even as US rate cuts threaten payouts
Business|Finance|Technology

Leveraged Nvidia ETF issuers saw trading surge in bearish products ahead of earnings

Interest in leveraged exchange-traded funds that allow investors to profit when shares of Nvidia fall grew steadily ahead of the chipmaker's quarterly results, according

Leveraged Nvidia ETF issuers saw trading surge in bearish products ahead of earnings
Business|Finance|Technology

Nasdaq seeks SEC approval for bitcoin index options

Nasdaq is seeking the green light from regulators to launch and trade options on a bitcoin index, the exchange operator said on Tuesday. The U.S.

Nasdaq seeks SEC approval for bitcoin index options
Economy|Finance

New US ETFs being launched at record pace in 2024

The number of new exchange-traded funds hitting the U.S. market is on track to set another record in 2024, according to data from Morningstar Direct, with an average of 50

New US ETFs being launched at record pace in 2024
Business|Finance|Technology

US overnight trading platform Blue Ocean completes fix for capacity issues

Trading platform Blue Ocean Technologies LLC on Monday completed a platform upgrade that will boost capacity several hundredfold, two weeks after its overnight trading

US overnight trading platform Blue Ocean completes fix for capacity issues
Business|Finance|Stock Markets

Retail investors still buyers of US equities through rollercoaster markets - research

Retail investors were buyers during much of the recent rollercoaster in U.S. stock markets, taking advantage of a sharp fall in popular tech shares, according to various

Business|Finance|Stock Markets

Schwab says high volumes and technical issue with key vendor triggered Monday's outage

Charles Schwab & Co. said on Tuesday that high trading volumes and a technical issue with a key vendor triggered temporary outages on its trading platform on Monday, a day

Schwab says high volumes and technical issue with key vendor triggered Monday's outage
Finance|Stock Markets

US market volatility puts 'buffer' ETFs in the spotlight

The spike in stock market volatility may be good news for at least one group of asset managers: those rolling out "buffer" exchange-traded funds (ETFs) that offer

US market volatility puts 'buffer' ETFs in the spotlight
Economy|Finance

Michigan state pension fund makes $6.6 million bitcoin ETF investment

The State of Michigan Retirement System, which oversees some $143.9 million in pension fund assets for state employees, has invested $6.6 million in the ARK 21Shares

Michigan state pension fund makes $6.6 million bitcoin ETF investment
Economy|Finance

US spot ether ETFs see net inflows of $106 million on first day

The nine exchange-traded funds (ETFs) tied to the spot price of ether, the world's second-largest cryptocurrency, scooped up net inflows of $106 million on Tuesday as they

US spot ether ETFs see net inflows of $106 million on first day
Finance|Stock Markets|Technology

Leveraged Nvidia ETFs ramp up investor risk as tech turbulence hits markets

Making leveraged bets on Nvidia is likely to get much riskier if Wall Street's tech-led selloff continues.

Leveraged Nvidia ETFs ramp up investor risk as tech turbulence hits markets
News|Political

Spot ether ETFs likely to begin trading July 23, industry sources say

The U.S.

Spot ether ETFs likely to begin trading July 23, industry sources say
Business|Technology

Firms launch options on swap-based Bitcoin ETF

Options on just-launched leveraged products that track the spot price of bitcoin via derivative swaps began trading on Thursday, a first for the cryptocurrency exchange-

Firms launch options on swap-based Bitcoin ETF
Business|Economy

ARK Investment's Cathie Wood defends strategy in letter to investors

Cathie Wood, founder and CEO of ARK Investment Management, defended the strategy of the firm's money-losing flagship fund, telling investors in a letter released late on

ARK Investment's Cathie Wood defends strategy in letter to investors
Business|Economy

Goldman Sachs asset managers see US economy, stocks slowing

Goldman Sachs Asset Management (GSAM) executives expect the U.S. economy to grow at a slower clip of about 2% in the second half of 2024, they said on Tuesday, with equity

Goldman Sachs asset managers see US economy, stocks slowing
Business|Economy

Cboe files for SEC approval to list Solana ETFs, starts clock for required decision

Exchange operator Cboe Global Markets filed a request with the U.S.

Cboe files for SEC approval to list Solana ETFs, starts clock for required decision
Business|Technology

Meme stock speculation propels Koss shares 25% higher on Friday

Shares of headphone maker Koss Corp. soared for the second session in a row on Friday, closing at $13.35 a share, after trading as high as $18.50 early in the day, as

Meme stock speculation propels Koss shares 25% higher on Friday
Economy

Ark Investments tops Morningstar list of 'wealth-destroying ETF issuers -report

U.S.-listed exchange-traded funds (ETFs) managed by Ark Investment Management have wiped out a total of $14.3 billion in shareholder value over the 10 years ended Dec. 31,

Economy

New ETF offers leveraged exposure to emerging markets but excludes China

Direxion, a U.S. asset manager specializing in leveraged exchange-traded funds (ETFs), on Wednesday rolled out a new product allowing investors to bet on gains in the MSCI

Economy

Eagle converts separately managed account into $1.8 billion ETF

Eagle Capital Management on Monday launched its first exchange-traded fund (ETF) by converting a separately managed account (SMA) into a public fund with $1.8 billion in

Business|Economy

Global X launches two US covered call ETFs

Global X ETFs rolled out two new exchange-traded funds using options to generate additional income for investors, the firm said Wednesday.

Business|Economy|Technology

21Shares files for permission to offer ETF linked to cryptocurrency Solana

Digital assets investment management firm 21Shares filed Friday for permission from U.S. regulators to launch an exchange-traded fund tied to the spot price of crypto

Business|Economy|Environment

Invesco launches US climate-focused ETF with $1.6 billion in Finnish funding

As some U.S. investors pull assets out of sustainable funds, Atlanta-based Invesco has launched a new climate-focused exchange-traded fund (ETF) with seed funding of $1.6

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