The U.S. Securities and Exchange Commission (SEC) has just approved the first batch of spot Ethereum (ETH) ETFs. These ETFs could have huge implications across financial markets, given the popularity of the asset and acknowledging how spot Bitcoin ETFs were the fastest growing ETFs in the history of ETFs, according to BlackRock CEO Larry Fink. JUST…
Share this article The US Securities and Exchange Commission said it has approved the launch of spot Ethereum ETFs for accelerated launch, according to a document uploaded to the agency’s website. “After careful review, the Commission finds that the Proposals are consistent with the Exchange Act and rules and regulations thereunder applicable to a national…
by Calculated Risk on 5/23/2024 04:15:00 PM What this means: On a weekly basis, Realtor.com reports the year-over-year change in active inventory and new listings. On a monthly basis, they report total inventory. For April, Realtor.com reported inventory was up 30.4% YoY, but still down almost 36% compared to April 2017 to 2019 levels. Now…
For cryptocurrency to gain more value, wider ownership is crucial. Institutions investing directly in bitcoin or indirectly through spot ETFs, launched in January, can drive this growth. Some entities, like MicroStrategy (NASDAQ:MSTR), invest directly in bitcoin, while others, like the State of Wisconsin, invest indirectly. This trend is positive for cryptocurrency as it increases exposure…
Microblog: DFH updates? | Stock Gumshoe Skip to Main Content Hi Travis! I was wondering if you have any updates on Dream Finders Homes? It’s been very volatile recently, and there has been some insider selling (though I think they still own the vast majority of shares). Any reason for concern? Thanks again for all…
This week’s a.i. Asset Study is SILVER ($SI) When uncommon things occur in the markets you should always pay attention. Currently we are seeing the stock market indexes move to new all-time highs. What is uncommon about this motion is that gold, silver, platinum, copper, and bitcoin are also making either new 52-week highs or…
Somewhat ironically, Shapiro and Palley’s criticisms seem to line up with Maxine Waters (D-CA), the ranking Democrat on the House Financial Services Committee, who said it was the one of the worst bills she’s ever seen. In addition to potentially stretching the resources of the CFTC, which only has around 700 employees compared to the…
Imagine you have some money saved up, and you’re excited to start investing or trading to make it grow. You hear about all the success stories of people making big bucks in the stock market or with cryptocurrencies like Bitcoin. But here’s the thing: for every success story, there are also stories of people losing…
In a largely partisan vote, the U.S. House of Representatives has moved to prohibit the Federal Reserve from launching a central bank digital currency (CBDC). The bill, known as the CBDC Anti-Surveillance State Act, was introduced by Majority Whip Tom Emmer (R-Minn.), with concerns raised by Republicans regarding the potential for a U.S. CBDC to…
Traders are consistently on the lookout for altcoins through which they can diversify their holdings in order to get the most returns during the upcoming bull run. However, there are thousands of cryptocurrencies to pick from, so making the right decision can be difficult. As a result, we have conducted an analysis and have determined…