Bullion is proving to be a less effective hedge against moves in other assets, such as stocks, as well as inflation, according to Russ Koesterich, portfolio manager for BlackRock’s Global Allocation Fund.
Grayscale Investments has posted at least nine ETF-related positions to LinkedIn, signaling it is anticipating a green light from the Securities and Exchange Commission for a crypto ETF.
Evolve Fund Group in Canada lowered the price on its Bitcoin ETF (EBIT), to O.75% from 1%, undercutting the 1% fee of its more popular competitor, the Purpose Bitcoin ETF (BTCC).