Investment

Non-fungible tokens, which allow holders of art and collectibles to track ownership, are staging a resurgence after fading from the headlines during Bitcoin’s springtime swoon.

Seek Capital is aiming to increase its “allocation to crypto as we feel it is an important area for the future,” according to Managing Director Adam Proctor.

The KraneShares CSI China Internet Fund (KWEB) added $181 million of new cash on Tuesday, making it larger than the $6.1 billion iShares MSCI China ETF (MCHI).

Valkryie Investments sought regulatory permission for a futures-based fund two months ago, likely the first company to do so before an onslaught by others following positive comments on the structure by the SEC.

Advisors, consultants and plan sponsors have all become more familiar with CITs, making it increasingly likely the trusts will be considered as alternatives to mutual funds.

Investors should not make long-term investment decisions based on short-term headline news.

All eyes are on the jobs report coming out on Sept. 3.