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Regulators have yet to approve a U.S. ETF, in part because of concerns on how a fund would be able to handle the token’s infamous volatility. But if Canada’s ETF is anything to go by, the concern might be misplaced.
Cryptos have suffered a range of blows in recent days, from Elon Musk’s criticism of Bitcoin’s energy use and about face on accepting it for payments, to heightened regulatory rhetoric from China.
“You’re looking at volatility levels that are four times that of gold or of equities, and this is going to make it prohibitive for a lot of corporate treasurers and institutional investors who think that they can do a significant size holding in...
In this week's fund news, Vanguard is bringing private equity to individual investors, an ETF based on Barney Frank's LGBTQ Index goes to market, and Wells Fargo is to become the latest to allow wealthy clients to access cryptos.
Rodriguez, along with former Walmart executive Marc Lore, is also launching a venture capital fund and buying the NBA's Minnesota Timberwolves and WNBA’s Minnesota Lynx.
Usually financial speculation and trading is done by professionals, and so by the time the trade idea has filtered out into the world so much that even the shoeshine boy is talking about it, that’s probably a sign of the top. For cryptos it's the...
