Trending ETF news by Julien Scatena

Moving Markets

On August 29, 2023, the United States Court of Appeals for the District of Columbia Circuit nullified an order from the Securities and Exchange Commission (SEC), giving Grayscale Investments LLC a significant boost in its lawsuit over the conversion of its Bitcoin Trust to a spot bitcoin exchange-traded fund (ETF). Judge Neomi Rao labelled the SEC’s denial “arbitrary and capricious” with the commission failing to explain its different treatment of similar products.

Julien Scatena

 · August 31, 2023

Moving Markets

Europe took a step ahead in its race with the United States to find out who will be the first to list a spot Bitcoin ETF. European investors have been able to access Crypto through ETPs (Exchange Traded Products) - debt instruments which mirror Crypto performance - for several years. However, the race took another turn with the listing of the Jacobi FT Wilshire Bitcoin ETF on Euronext Amsterdam on August 15th.

Julien Scatena

 · August 30, 2023

Smart Investing

Bond ETFs are increasingly being used as an alternative to picking individual bonds which can be costly for investors. Demand for fixed income has been strong this year. According to data from Trackinsight, corporate investment grade bond ETFs in Europe saw almost €13 bn inflows over the first seven months of 2023 as investors looked to take advantage of the significant spike in yields. The era of negative interest rates is now in our rearview mirror. As an illustration, Germany’s 10-year yield has just reached a 12-year high above 2.60%. 

Julien Scatena

 · August 22, 2023