ETFs

Active asset managers have been bleeding cash, and strategies to stem the outflows haven't had much effect. Many may not survive a bear market.

The idea of ESG has been changing since the day it was just a twinkle in a marketer’s eye. Now it’s heading into its inevitable end game.

That’s when a DC court will issue a mandate that could make effective an August opinion that went in favor of Grayscale Investments, which had sued the SEC as it looked to convert its Bitcoin trust into an ETF.

An erroneous report that BlackRock had won approval to launch a spot ETF rapidly sent the largest digital asset to $30,002 on Monday, the highest price since August.

On Friday, the US Securities and Exchange Commission declined to appeal on earlier positive court ruling for Grayscale.

“Volatility is off the chart,” said Ben Emons, a senior portfolio manager at NewEdge Wealth. “People are trading bonds like stocks.”