Planners and clients face challenges and concerns regarding liquidity, fund structures, tax implications, and fees associated with alternative investments. Addressing these concerns requires collaborative educational efforts the industry.
Unlevered municipal bond closed-end funds traded at a discount to their net asset value of roughly 12%, according to Bloomberg data.
Nearly a dozen companies have filed with the SEC to launch ETFs based on Ether futures.
Eight companies — including Bitwise, Volatility Shares and ProShares — have in recent days filed applications for exchange-traded funds based on futures for the second-largest digital token.
New SEC rules offer an opportunity for advisors and their clients to reassess their strategies around liquid cash.