Investment

If approved, Franklin plans to use Coinbase Global Inc. as custodian for the fund’s Bitcoin holdings and Bank of New York Mellon for cash.

Investors have snapped up more than $1 trillion of T-bills in just the last three months.

If approved, the US spot Bitcoin ETF market has the potential to grow into a $100 billion juggernaut in time, according to Bloomberg Intelligence estimates. 

Fidelis Capital has hired Christopher Gunster from Bank of America Corp. as head of fixed-income strategies

FS Credit REIT invests in short-term, floating-rate loans. But it notes its strategy is different from many debt funds in the market today.

RIAs using the platform will be able to create white-label fund strategies including on private credit, equity, real estate, venture capital and infrastructure investments for high-net-worth and ultra-high-net-worth clients.

The tax deadlines for reallocating capital gains are approaching.