A total of 38 new ETFs came to the market last a month. Here's a look at the new funds, which included several focused on cryptocurrencies and blockchain technology.
Bitcoin will emerge as the primary asset index for the Western world and will eventually replace SPY, which is a $425 billion fund that tracks the equity index, says MicroStrategy CEO Michael Saylor.
The stunning appetite seen for BITO -- which accumulated more than $1 billion in assets in just two days, among the biggest launches ever -- has futures commission merchants thinking twice.
Fifty years after the free market for gold was created, the precious metal remains a reliable asset for portfolio protection through periods of high inflation and volatility, according to State Street Global Advisors’ chief gold strategist.
The record-setting year of the ETF keeps getting stronger. Assets in U.S.-listed funds were $6.99 trillion at the end of October, up sharply from the end of 2020.