ETF

Kraken Eyes U.S.-Listed Stock and ETF Trading Launch by 2024
Kraken Eyes U.S.-Listed Stock and ETF Trading Launch by 2024

📈 Big moves for #Kraken! The renowned crypto exchange is gearing up to launch U.S.-listed stock and ETF trading by 2024. With licenses in the UK and a pending one from FINRA in the U.S., Kraken is poised to bridge the gap between crypto and traditional finance. #Stocks #ETFs #CryptoNews

SoFi-Launched-Two-ETFs-to-Fund-Blockchain-Tech,-NFTs,-and-Metaverse
SoFi Launched Two ETFs to Fund Blockchain Tech, NFTs, and Metaverse

SoFi launches Web3 ETF and a Smart Energy ETF. The ETFs were designed to make it easier for people to invest in Web3 and clean energy. The fund was set to invest in crypto exchanges and bitcoin miners. SoFi, an American-based online financial services firm, plunged into crypto-related exchange traded fund (ETF) fray and launched funding for blockchain technology, NFTs, and the metaverse. The firm’s ETFs, called SoFi Web 3 ETF (TWEB) and SoFi Smart Energy, convey a management expense ratio of 59 basis points. It also tracks the SoFi Solactive ARTIS Web 3.0 and was arranged to invest in

Blackrock-$Blk-Has-Lost-$1.7T-of-Its-Clients’-Assets
Blackrock $Blk Has Lost $1.7T of Its Clients’ Assets

BlackRock is an iShares business, which offers low-cost exchange-traded funds. Investment firm BlackRock $BLK has lost $1.7 trillion of its clients’ assets. BlackRock is trying to adapt to the changing landscape. According to eVestment, the outflows come as investors pull money from actively managed funds and put it into passive vehicles like index funds. BlackRock’s iShares business, which offers low-cost exchange-traded funds (ETFs), was one of the few bright spots for the firm, with $22.4 billion in inflows. The outflows are a sign that investors are becoming more choosy about where they put their money. They’re also a sign that

ProShares-To-Launch-First-US-Short-BTC-Linked-ETF
ProShares To Launch First US Short BTC-Linked ETF

ProShares will launch its short Bitcoin-linked ETF in the US on June 21. Alongside BITI, ProShares’ mutual fund affiliate ProFund will launch BITIX. In November 2021, ProShares also received an approval to launch the first Bitcoin-linked ETF in the US. ProShares announced that it will be formally launching its short Bitcoin-linked exchange-traded fund (ETF) in the US on June 21. Named ProShares Short Bitcoin Strategy (BITI), this will become the first of its kind in the US. According to a press release, ProShares’ new ETF offering will “address the challenge of acquiring short exposure to Bitcoin.” Michael Sapir, CEO of