While his Modern Portfolio Theory forced a fundamental change in the assumptions of investing, its central insight remains theoretical.

In a turbulent economic landscape, advisors are prioritizing risk management and increasingly worried about client longevity, according to exclusive research from Wealth Management IQ.

Digital asset custody and trading services from Fidelity Digital Assets will be accessible within Wealthscape.

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