The Latest Breaking News from ETF

According to a research analyst, "The price action of BTC, coupled with volume data and the performance of certain altcoins, demonstrates the adherence to the typical 'buy the rumor, sell the news' pattern associated with major market events."

While opinions vary on the impact of Bitcoin ETFs on MicroStrategy's investment approach, Saylor views their approval as a major financial development, potentially the most significant one on Wall Street in the last 30 years.

Despite the potential benefits, spot Bitcoin ETFs could trigger oversaturation and dilution of investments among too many funds.

An analyst predicted that if this trend continues, the market could experience "an extreme supply crunch" in Bitcoin.

Bitcoin was one of the main news items last week with various Bitcoin ETF’s being approved by the SEC. According to Reuters, $4.6 billion worth of Bitcoin ETF’s traded hands as of Thursday afternoon.

Industry-specific tech ETFs provide investors with focused exposure to some of the biggest stocks in the world, such as Apple, Microsoft, and Nvidia - as well as smaller, overlooked players in areas like cloud computing and AI. Here's a closer look at the world of tech ETFs, beyond QQQ.

Following a red-hot run for the equities market, folks are looking for smart ways to invest this year. Stocks, bonds and CDs all have something to offer in 2024.

Gensler said the Securities and Exchange Commission may have approved the ETFs, but he does not endorse Bitcoin.

The impressive sounding number comes with some caveats, but overall the long-awaited Bitcoin ETFs look like a hit.

While over a dozen financial firms started offering Bitcoin ETFs on Thursday, with BlackRock, Grayscale and Fidelity emerging on top – registering around $4.5 billion in cumulative trading volumes, the crypto investment vehicle is not available for purchase in one of the biggest fund issuers in the world, Vanguard.

Bitcoin mining is expected to witness a significant boost in profitability following the approval of Bitcoin Spot ETFs by the US Securities and Exchange Commission (SEC). Read further on Dynamite News;