REX-Osprey crypto ETFs to launch Friday barring SEC objection — Bloomberg analyst
New batches of cryptocurrency exchange-traded funds (ETFs) from REX and Osprey have cleared the US Securities and Exchange Commission’s (SEC) 75-day review window and are expected to begin trading by Friday, according to Bloomberg Intelligence analyst Eric Balchunas.
“Post-effective means that it’s going to launch, basically,” Balchunas told Cointelegraph in a phone interview,
Read MoreBitcoin, Ether ETFs Post Positive Flows as Prices Rebound
BlackRock’s IBIT and Fidelity’s FBTC led inflows as bitcoin ETFs logged their strongest day since July, with BTC climbing past $114,000.
Ether (ETH) topped $4,400, as Ethereum funds ETHA and FETH saw renewed demand according to data curated by SoSoValue.
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Read MoreS&P 500 posts 22nd record high of 2025 led by Oracle; Nasdaq rally fizzles, Dow falls
US markets had a mixed session on Wednesday with signs of exhaustion emerging at higher levels, not before the tech-heavy indices posted yet another record high in the early part of the session.
The S&P 500 ended 0.3% higher, emerging as the outperformer among its benchmark peers, posting its 22nd record high of 2025,
Read MoreDow Jones & Nasdaq 100 Advance on Inflation Optimism, Overshadowing BoJ Rate Hike Bets
James E. Thorne, Chief Market Strategist at Wellington-Altus, commented on the potential return of the yen carry trade, stating:
“With Prime Minister of Japan Shigeru Ishiba’s resignation, Sanae Takaichi is now the front-runner to lead Japan, signalling a major policy shift that will directly affect the Bank of Japan. Takaichi’s support for maintaining low interest rates is likely to keep the yen weak and incentivize global capital outflows through the yen carry trade.”
Fed rate cut bets lifted stock futures,
Read MoreBest Artificial Intelligence (AI) Stock to Buy Now: Nvidia or Palantir?
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Palantir’s software model is more sustainable than Nvidia’s hardware sales.
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Nvidia is growing far quicker than Palantir.
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Nvidia’s stock looks dirt cheap compared to Palantir’s.
Artificial intelligence (AI) investing is a remarkably broad field,
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Read MoreThe Burst
2 Cathie Wood Bargains (with HUGE Upside)
It’s no secret that Cathie Wood’s collection of ARK funds have had a horrendous 2022. Her ARKK flagship fund was down 53% year-to-date at the time of writing and traded in the mid-$30s as recently as June, down from a high of almost $100 per share at the start of the year.
But there’s light at the end of the tunnel for growth investors.
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Read MoreThe Ivy
Market Commentary: 4 Bearish Forces Loom LARGE
We’re not out of the woods yet. Large macroeconomic forces loom that could derail the US stock market beyond its recent correction, and China ranks among the top of them.
Key Points
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