Investment

“In this environment, we think 60/40 is pretty dangerous.”

BlackRock will shift 40% of its holdings to Citigroup Inc., 30% to JPMorgan Chase & Co. and 15% to Bank of New York Mellon Corp.

The ARK Transparency ETF (CTRU) tracks an index of the 100 “most transparent” companies.

Ritholtz Wealth Management is designing an access point for advisors to make investments in not just Bitcoin, but also alt coins and the metaverse.

The product, launching Wednesday, is set to track the Solactive Roundhill Meme Stock Index

Politicians and celebrities are increasingly getting paid in the digital asset. Its drop — as well as tax complications — may steal some sheen from the trend.

Arete Wealth will also distribute Masterworks’ new Diversified Art Portfolio, a Regulation D private placement, which the firm expects to make available to other RIAs and broker/dealers eventually.

Investing frequently in a wide array of collections appears to lead to the highest profits, according to a Chainalysis study.