Crypto News 

SEC Chairman Highlights Investor Protection in Regard to Bitcoin ETF

“United States Securities and Exchanges Commission (SEC) Chairman Jay Clayton is still concerned about investor protection when it comes to the commission approving a Bitcoin (BTC) Exchange-Traded Fund (ETF)” writes Helen Partz for cointelegraph.com. Earlier this week, Jay Clayton confirmed his previous statement that Ethereum (ETH) and similar cryptocurrencies are not securities under U.S. law. However, Clayton stipulated that he meant that a digital asset’s definition as a security can change over time. Source: cointelegraph.com

Read More
Crypto News 

New Blockchain ETF Co-Operator Elwood Plans Fresh Crypto Investment Options

“United Kingdom-based asset management company Elwood Asset Management is looking to increase its cryptocurrency offerings after co-launching a blockchain exchange-traded fund (ETF), Bloomberg reported on March 12” writes William Suberg for cointelegraph.com. Elwood, which is owned by billionaire Brevan Howard creator Alan Howard, partnered with Invesco to bring a blockchain ETF to market this week. London has eyed banning certain cryptocurrency-related trading instruments, while in the U.S., regulatory conformity has led to the repeated delay of Bakkt, a major institutional trading platform many hope will dramatically increase the industry’s public…

Read More
Crypto News Stocks 

Investment Firm Invesco Launches Blockchain ETF on London Stock Exchange

“Per the article, the Invesco Elwood Global Blockchain ETF will initially be targeting 48 companies involved with blockchain technology” writes Laura Burger for cointelegraph.com. United States-based investment management company Invesco is launching a blockchain exchange-traded fund (ETF) on the London Stock Exchange (LSEG) today, March 11, financial newspaper Financial Times reports on March 9. Also, at the end of January, the Chicago Board Options Exchange, investment company VanEck and financial services firm SolidX re-applied with the U.S. Securities and Exchange Commission (SEC) for a rule change to list a Bitcoin…

Read More
News 

The eSports ETF gains from shifting Video Game Industry

“ESPO debuted last October, marking the launch of the second exchange-traded fund with significant video game industry exposure” reports etfdailynews.com. Another boon for the video game industry is shift of gamers to purveyors of content, using mediums such as Amazon.com Inc.’s AMZN 0.78% Twitch to share their game prowess and make money.As it should be, that is the case with the booming esports industry and the related investments, such as the VanEck Vectors Video Gaming and eSports ETF ESPO 0.39%.There are a number of different ways the video game publisher can generate revenues under this…

Read More
News 

A 5G-themed ETF is the latest to try and tap into a hot trend, even as scores of thematic funds ‘flame out’

“Despite their popularity, Ben Johnson, Morningstar’s director of fund research, cautioned that thematic funds sometimes “flame out in a catastrophic fashion.”” writes Meghan Morris for businessinsider.com. Defiance’s 5G fund goes beyond the major telecommunications companies, such as Verizon and AT&T, to invest in 5G’s supply chain.Managers are launching more thematic ETFs, like FIVG, partly as a way to make up revenue from cheaper market funds that track broad parts of the market.”For some investors, thematic ETFs have taken the place of stocks that offer long-term growth potential,” Todd Rosenbluth, the…

Read More
Markets News Stocks 

There’s a $129 million ETF that offers a unique safety net for investors hoping to avoid the next stock market crash. Here’s how it works.

“Since 2011, his actively managed, short-only ETF has set out to handpick the weakest links in the stock market and bet against those instead” writes Akin Oyedele for businessinsider.com. If investing was easy, surviving a stock-market crash would be as straightforward as betting against the S&P 500 ahead of a downturn.After all, the ETF’s lifespan coincides with a historic bull run and, as expected, it has been walloped by the broader stock market.If stocks are rallying but investors sniff out the weaknesses in these companies, HDGE also wins. Source: businessinsider.com

Read More
News 

Health care ETF’s ‘bearish engulfing’ chart pattern warns of an end to the recent uptrend

“The intraday U-turn in the SPDR Health Care Select Sector ETF ETF, +0.00% has produced a “bearish engulfing” reversal chart pattern, which many technicians would say warns that the 2-month uptrend in the sector has ended” writes Reporter Editor for marketwatch.com. Candlestick-chart followers believe this pattern suggests that after bears took the bulls’ best shot, they launched a successful counterattack that have left bulls retreating. Source: marketwatch.com

Read More
Markets News 

Here are the 3 reasons big investing firms have been plowing an unprecedented amount of money into ETFs

“Applications for ETFs, according to institutional investors Greenwich Associates Greenwich Associates surveyed 181 investment managers, institutional funds, insurance companies, investment advisers and others” writes Marley Jay for businessinsider.com. Global assets in ETFs now top $5 trillion, or 6% of the worldwide stock market, according to Louis Odette of Citi Investment.Greenwich Associates Managing Director Andrew McCollum says the institutions may have been disappointed in returns from active managers during the market turmoil of late 2018.Financial data provider Greenwich Associates says that, on average, those big firms reported having 24.8% of their…

Read More
News 

Tim Armstrong and Katie Couric among investors in latest $55 million round of funding for ThirdLove

“ThirdLove, the privately-held women’s underwear company, announced the completion of a $55 million round of funding with investors including Tim Armstrong, the former CEO of Oath and AOL, journalist Katie Couric, and Susan Wojcicki, CEO of YouTube, among the investors” writes Tonya Garcia for marketwatch.com. ThirdLove Chief Executive Heidi Zak says the funds will help the company continue to pursue its mission to create “a bra for everybody,” with the company expanding to 78 sizes and five styles already. Source: marketwatch.com

Read More
News 

Three ways to play retail’s busy earnings week

“It’s pure online exposure in a world where online is still only 10 percent of essentially what retail spending is” writes Keris Lahiff for cnbc.com. The IBUY ETF, meanwhile, offers investors a chance to invest in smaller companies with exposure to the growing online retail space.The RTH ETF, for example, is market cap weighted and holds the 25 largest retailers, most notably Amazon. Source: cnbc.com

Read More