SEC Reportedly Rejects Valkyrie Leveraged Bitcoin ETF Filing
The SEC seemingly has no appetite for non-regular ETF filings and may have struck down filings from Valkyrie and Direxion.
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The SEC seemingly has no appetite for non-regular ETF filings and may have struck down filings from Valkyrie and Direxion.
Going by the daily trading data from Ark Investment Management, ARK’s purchase of Robinhood stock on Monday and Tuesday was worth $32.4 million.
Apart from good performance evident in the shares, Alphabet and Microsoft also managed to surpass growth predictions.
McDonald’s same-store sales climbed 9.6% from a year before as demand bounced back in its home market.
In one of SkyBridge’s largest private market investments to date, Anthony Scaramucci will be offering investors an option to invest in Kraken as it plans to go for an IPO next year.
The leveraged Bitcoin ETF will deliver 1.25x returns to the BTC reference rate and will trade on Nasdaq allowing investors to hold derivatives such as futures, swaps, options and forwards.
Robinhood revealed that the Monthly Active Users (MAU) increased by 76% to 18.9 million, compared to 10.7 million in the third quarter of 2020.
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Facebook’s latest earnings reports have a mixed bag of commentary from market analysts. The company is looking to invest into new avenues while devoting significant resources towards building metaverse.
Twitter reported its Q3 earnings and revealed that its performance was not significantly affected by Apple’s updated privacy features.
Coinbase stock has gained approximately 38%, 41%, and 6% in the past three months, one month, and five days respectively.
Along with its IPO filing, Iris Energy submitted a prospectus that revealed a 1,177% increase in revenue for the September 30 quarter.
Short-seller Iceberg Research unveiled a bearish position on the DWAC stock market on Monday.
Stripe and Klarna are collaborating in 20 countries to offer Klarna’s BNPL service to enter the competitive and popular repayment sector.
UBS says that its wealth management division pushed the value of invested assets to $3.2 billion, and increased pre-tax profit by 43%.