In the filing BlackRock proposed In-kind redemptions could also offer tax efficiency, avoiding the need to sell securities for redemptions, which might trigger capital gains taxes.
Bernstein analysts are not the only experts who believe Binance will remain the world’s leading crypto exchange despite the recent settlement with the US authorities.
Grayscale is poised to enter the ETF market on the first day with $20 billion in assets under management, even with the involvement of BlackRock.
Amid exports restrictions on AI chips introduced by the US government, Nvidia expects a slowdown in the revenue growth in the ongoing Q4 quarter leading to a selling pressure on its stock.
Fed Chair Jerome Powell said that the FOMC is not thinking of rate cuts at all amid their continued fight against inflation. The FOMC members have hinted deceleration in economic growth during he fourth quarter this year.
The third amendment is another attempt for ARK Invest to ensure that the proposal for the ARK 21Shares spot Bitcoin ETF will pass the SEC’s screening.
Amid the uptick in the bond yields, the Fed is less likely to continue with future rate hikes. This might lead to loosening of liquidity in the market thereby driving S&P 500 higher.
Nvidia is expected to report revenue growth in the Q3 2023 earnings result today, thus boosting shareholders’ confidence amid high demand from AI companies.
ODX said the token issuance will take place on Progmat, a robust software platform dedicated to the issuance and management of digital assets.
Amazon users will be able to find and buy Hyundai vehicles of choice from different US local dealers beginning next year with the Alexa built-in expected to be integrated into the company’s next-generation vehicles.
This acquisition will prepare CoinShares to position itself in the US markets ahead of the upcoming launch of spot Bitcoin ETFs.
Per the S-1 filing submitted to the SEC, the iShares Ethereum Trust is designed to reflect the performance of the Ethereum.
Philippines’ state-owned Development Bank of the Philippines and Land Bank of the Philippines serve as the issue managers for the tokenized treasury bonds.
The implications of a publicly traded Starlink are far-reaching, with the space industry poised for transformative changes.
The SEC announced a delay in deciding on the Bitcoin and Ether ETFs from Hashdex and Grayscale, stating that it needs more time.