ETFs

Traders dumped $3.1 billion from the Invesco QQQ Trust Series 1 ETF (QQQ), just as the exchange-traded fund snapped a six-day winning streak.

Aside from BlackRock, Invesco, WisdomTree and Bitwise have submitted similar plans for a spot Bitcoin ETF in recent days.

The filing from the asset manager said the WisdomTree Bitcoin Trust would be listed on the Cboe BZX Exchange under the ticker BTCW.

After a tepid start to 2023, nearly $102 billion has flowed into equity exchange-traded funds so far this year, compared to $93 billion for fixed-income ETFs.

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Fresh off its SEC registration approval, Ategenos, launched by former Brinker Capital executives in May, has also gone live with its new discretionary investment management portfolios.

BlackRock on Thursday applied for the iShares Bitcoin Trust, at least the 33rd attempt by issuers for a spot-Bitcoin product.

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