In this week's fund news, EQM Capital introduces new ETF model portfolios; IndexIQ's new thematic ETFs to benefit nonprofits; veteran hedge fund manager converts fund to mutual fund; and Valkyrie's bitcoin futures ETF starts trading.
Simeon Hyman, ProShares’ global investment strategist, spoke with WealthManagement.com about the asset manager's new Bitcoin futures ETF, why an investor would want to buy the ETF versus directly owning Bitcoin, and overcoming the challenge of...
The application to flip the $40 billion Grayscale Bitcoin Trust (GBTC) lands on the same day as the ProShares Bitcoin Strategy ETF (BITO) debuts, becoming the first exchange-traded fund in the U.S. investing in futures on the digital asset.
In this week's fund news, Cerulli predicts direct indexing's rise, ProShares and Invesco bitcoin futures ETFs may start trading next week, RadiantESG selects STP for operations, and Moneta hires a new head of alternatives.