Investors pulled $11.6 billion from mutual funds, the second largest weekly outflow this year, while pouring $14.6 billion into ETFs, according to Goldman Sachs.
The start of December wasn’t short of geopolitical grist, either.
One reason for the flood of money into bitcoin? Traders are attracted to the volatility, and that’s been in short supply.
REX Shares LLC and Van Eck Associates Corp are both proposing bitcoin funds that would use futures to access the market instead of investing directly in them
Informa’s chief macro strategist weighs in on what’s to come.
It may not be a bull market any longer for bonds, but it sure is for geriatrics!
“The words investing and Bitcoin shouldn’t be used in the same sentence,” according to an investment officer at Abbot Downing.
Bruce Bond and John Southard are returning to the ETF industry with a focus on defined outcome strategies.
It may be a couple of years before we see major changes.