Bitcoin ETF hype fails to shake bearish $20K BTC price targets
Bitcoin may have hit 17-month highs, but the ETF launch could end up a “sell the news event” and engender fresh BTC price downside, one theory argues. Go to Source
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BlackRock’s newest ETF invests in 35 blockchain-related companies
“We believe digital assets and blockchain technologies are going to become increasingly relevant for our clients,” said BlackRock ETF product strategist Omar Moufti. Go to Source Powered by WPeMatico
Unlimited QE and an Index Portfolio: How Fed Chair Jay Powell Can Pump His Bags
In mid-August the U.S. stock market defied odds and mainstream media claimed after the Standard & Poor’s 500-stock index touched new heights on August 18, it ‘officially’ ended the “shortest bear market in history.” Interestingly while roughly 30 to 40 million Americans face the risk of eviction, the 16th Chair of the Federal Reserve, Jerome … Read more
Fund Providers Insist There’s Enough Market Liquidity for a Bitcoin ETF
For years, bitcoin exchange traded funds (ETFs) have been struggling to get off the ground and receive approval from the U.S. Securities and Exchange Commission (SEC). Passive fund providers are now arguing there is sufficient market liquidity for a bitcoin ETF to be launched in 2019. Also read: SEC Wants Second Look at Nine Bitcoin ETFs … Read more
