Shares of the U.S. Oil exchange-traded fund surged 5.2% in the week before Christmas, and ended up 27% for the year. Oil prices did rise last year by nearly 5%, but how did an ETF that tracks them out...
Tag: ETF
Individual Investors Bail On Everything In December, Data Show
NEW YORK, NY – FEBRUARY 06: Traders work on the floor of the New York Stock Exchange (NYSE) on … [+] February 6, 2018 in New York City. Following Monday’s over 1000 point drop, the D...
Don’t buy ARKK ETF stock in 2023: Buy this alternative instead
Ark Innovation Fund (NYSE: ARKK) stock price has been in a freefall as constituent companies implode. Cathie Wood’s flagship ETF crashed to a low of $29.29, the lowest level since August 2017. It has ...
This Giant Oil ETF Is Seeing Phenomenal Returns. Why It’s Far Outpacing the Price of Oil.
Shares of the United States Oil Fund surged last week, capping a phenomenal run in recent weeks that far outpaced meager gains in the price of oil. USO (ticker: USO), which holds over $2 billion in as...
Vanguard to Launch First New ETF in More Than 20 Months
(Bloomberg) — Asset-management giant Vanguard Group Inc. unveiled plans Thursday to launch a new exchange-traded fund in a rare move for one of the industry’s largest players. Most Read from Blo...
Lawyer Behind Very First Bitcoin ETF Attempt Passes Away
Alex Dovbnya The veteran lawyer who worked on the very first Bitcoin ETF application has passed away Kathleen Moriarty, a pioneering force in the investment management industry who developed the first...
Grayscale May Liquidate 600,000 BTC Holdings Following SEC Opposition To ETF
Grayscale Investments may offer to buy up to 20% of Grayscale Bitcoin Trust (GBTC) shares. This is a move the company hopes will close the gap between the GBTC share price and the company’s underlyin...
Grayscale ponders tender launch if ETF conversion fails
Michael Sonnenshein, the CEO of Grayscale Investments, categorically states that their ultimate preference lies in converting the GBTC to an ETF. Furthermore, this conversion is done for the benefit o...
Grayscale to Refund 20% of Investor’s Capital if SEC Denies Its ETF Bid
While little is known about its fight with the SEC, Grayscale is already preparing for future moves in case it loses the battle. Grayscale Investments, one of the biggest asset management firms in the...
Crypto Giant Grayscale Considers Selling Portion of $10,753,804,948 Bitcoin Trust if ETF Plan Fails: Report
Crypto asset management giant Grayscale is reportedly considering selling some of its capital back to investors if the firm’s plans for exchange-traded funds (ETFs) don’t work out. According to a new ...
Grayscale’s Bitcoin ETF Dreams On Limbo? CEO Claims To Do This If It Fails
Grasyscale Investments said that if it fails to turn the world’s biggest Bitcoin fund into an exchange traded fund, it will find other ways to return the portions of investors of Grayscale Bitcoin Tru...
Grayscale will repurchase 20% of shares if ETF conversion fails, CEO promises
Grayscale Investments’ CEO Michael Sonnenshein announced that the company might consider “a tender offer” for GBTC if it will not be able to convert its trust to an ETF. In his end-of-year letter to i...
Grayscale CEO highlights 20% GBTC share buyback option if ETF conversion fails
According to an end-of-year letter to investors published on Dec. 10, Grayscale Investments CEO Michael Sonnenshein said that the firm might consider “a tender offer for a portion of the outstanding s...
Grayscale Could Liquidate 600,000 BTC After ETF Rejection
Grayscale Investments could appeal to GBTC shareholders to sell some of their shares at a higher price to return investor capital. Grayscale may offer to buy up to 20% of outstanding GBTC shares at a ...
Grayscale CEO confirms tender offer if Bitcoin ETF path fails
Grayscale Investments will look to return 20% of Grayscale Bitcoin Trust (GBTC) fund to investors if its bid to have a spot Bitcoin ETF fails. The company will explore this option should its battle to...
Grayscale may offer to buyback GBTC if ETF conversion fails – WSJ
Grayscale Investment CEO Michael Sonnenshein has informed GBTC shareholders that the firm could offer to buy back up to 20% of the outstanding shares worth approximately $10.7 billion, The Wall Stree ...
Perhaps Milton Friedman Was Right
Notorious gangster Al Capone attempts to help unemployed men with his soup kitchen “Big Al’s Kitchen … [+] for the Needy.” The kitchen provides three meals a day consisting of ...
Grayscale Will Explore Returning 20% of Investor Capital if SEC Refuses Spot Bitcoin ETF: Report
Grayscale Investments is exploring options to return a portion of capital of its flagship Grayscale Bitcoin (GBTC) product if the Securities and Exchange Commission (SEC) refuses to approve its spot b...
Grayscale may return some capital to investors if GBTC’s ETF dreams fail: WSJ
Grayscale Investments will explore how to return up to 20% of its Grayscale Bitcoin Trust’s capital to shareholders if it cannot turn the product into an exchange-traded fund. A tender off...
These money and investing tips can help you plan for a new year as 2022 comes to an end
Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS Why the stock market’s painful...
Grayscale ETF Gets Rejected by the SEC
The Securities and Exchange Commission has reaffirmed its decision to reject Grayscale’s application for a Bitcoin exchange-traded fund (ETF). The federal regulator reiterated that it believes such pr...
Hong Kong ETF Makes Debut Despite Market Downturn
A pair of exchange-traded funds (ETFs) tracking US-listed crypto futures collectively raised $73.6 million leading up to their Hong Kong debut. The larger between them, CSOP Bitcoin Futures ETF, recei...
First Hong Kong bitcoin, ether ETFs lure nearly $75 million with trading set to begin Friday
CSOP Asset Management, a China Southern Asset Management subsidiary, will list the first bitcoin and ether ETFs on the Hong Kong Stock Exchange on Friday. CSOP Bitcoin Futures ETF and CSOP Ethe...
Grayscale Bitcoin ETF might not happen: SEC intercepts.
Grayscale has wanted to convert its Bitcoin fund into a Bitcoin ETF since 2016. SEC has filed a case denying the conversion. SEC filed a 73-page brief with the US Court of Appeals on December 9. Eve...
SEC Strikes Back in Grayscale Suit Over GBTC ETF Conversion
The U.S. Securities and Exchange Commission (SEC) filed a brief last week defending itself against claims its denial of Grayscale Investment’s application to convert its flagship Grayscale Bitcoin Tru...
SEC looks to intercept Grayscale Bitcoin ETF review bid
The United States Securities and Exchange Commission (SEC) is taking further steps to stop Grayscale Investments’ efforts to launch a Bitcoin (BTC) exchange-traded fund (ETF). Grayscale began its lega...
These money and investing tips can help give your portfolio a holiday makeover
Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS A stock-market indicator with ...