[ad_1] Updated Jan. 16, 2024 12:01 am ET The new wave of U.S. bitcoin ETFs risk being doubly bad for investors. As holders of bitcoin they undermine the very purpose,…
Tag: Trusts/Funds/Financial Vehicles
Got $60 Million? Goldman Sachs Wants to Lend You More
[ad_1] Goldman Sachs has given up on lending to Main Street consumers. Now it’s doubling down on wealthy clients. The Wall Street giant is increasing lending to its private-wealth clients,…
The Last Man Standing in Crypto
[ad_1] Brian Armstrong has become the new face of crypto. Coinbase Global, the cryptocurrency exchange he co-founded in 2012, is one of the last big digital-asset companies standing after a…
BlackRock to Buy Global Infrastructure Partners for $12.5 Billion
[ad_1] BlackRock has agreed to buy private-equity firm Global Infrastructure Partners for roughly $12.5 billion in cash and stock, a significant push into private-market investments for the world’s largest asset…
Bitcoin ETFs Are Live. Cue the Fee War.
[ad_1] The fierce competition for new bitcoin fund assets means that trading the cryptocurrency just got a lot cheaper. Ten nearly identical bitcoin exchange-traded funds began trading Thursday, and the…
Bitcoin ETFs Get Off to a Monster Start, Despite Resistance on Wall Street
[ad_1] Updated Jan. 11, 2024 7:25 pm ET The new bitcoin ETFs had a roaring debut in their first day of trading, but Vanguard refused to join the party. The…
Bitcoin’s $29 Billion Hotel California
[ad_1] Grayscale Bitcoin Trust could retain investor money despite its higher fee. [ad_2] Source link
BlackRock’s New Bitcoin ETF Off to a Monster Start
[ad_1] BlackRock’s new bitcoin fund is on pace to be among the most actively traded exchange-traded funds ever on launch day. More than $761 million of shares in the iShares…
Here’s How the New Bitcoin ETFs Work
[ad_1] Updated Jan. 11, 2024 12:53 pm ET Regulators have given the green light to the first U.S. exchange-traded funds that directly hold bitcoin. Crypto enthusiasts hope the new funds—backed…