Dooley launched the SPAC in 2021, with the goal of acquiring wealth management firms. It now plans to take Unifund, a consumer debt servicer, public in a $238 million deal.
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 last half-decade was not good to these funds.
The filing from the asset manager said the WisdomTree Bitcoin Trust would be listed on the Cboe BZX Exchange under the ticker BTCW.
Technical indicators such as the Relative Strength Index often exert outsized influence over investors at times when caution is warranted.
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.
But pursuing these premiums is not a free lunch.
Four tips to help minimize taxes in a portfolio.
