BlackRock Inc’s (NYSE:BLK) iShares Bitcoin Trust (NASDAQ:IBIT) has become the most significant Bitcoin fund globally, amassing nearly $20 billion in assets since its U.S. listing earlier this year.
Another One Laps The Market
In a post last week ("From The Viewpoint Of Calamity"), we mentioned that one of our hedged portfolios from mid-November more than doubled the performance of the SPDR S&P 500 Trust ETF (ARCA:SPY) over the next six months.
MicroStrategy, a technology company known for its Bitcoin holdings and innovative approach, has joined the Russell 1000 Index and MSCI World Stock Index.
10 worst-performing large-cap stocks last week. National Grid, James Hardie, KE Holdings, JD.Com, XP, Nordson, BeiGene, Lululemon, Walgreens, and Li Auto.
The week in the world of cryptocurrencies was nothing short of eventful. From the SEC’s approval of Ethereum ETFs to Elon Musk‘s tribute to the Shiba Inu behind Dogecoin, the crypto market was abuzz with activity. Here’s a quick recap of the top stories that shaped the crypto landscape over the weekend.
America's Next Financial Crisis
In our last post ("America's Next Financial Crisis"), we wrote about how one economist estimates that America's next financial crisis could lead to a 27% decline in living standards.