NEW YORK – The U.S. Securities and Exchange Commission on Tuesday delayed a decision on whether to allow a spot bitcoin exchange-traded fund by stock-picker Cathie Wood’s Arc Invest and …
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By Selena Li HONG KONG – BlackRock Inc plans to launch its first product in China’s $220 billion onshore exchange-traded fund (ETF) market later this year and has started hiring …
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By Selena Li HONG KONG – A supervisory body of Hong Kong’s central bank has decided to replace a unit of State Street Corp as manager of the territory’s largest …
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By Selena Li HONG KONG – Hong Kong Monetary Authority (HKMA) has decided to replace State Street Corp unit State Street Global Advisors (SSGA) as manager of the HK$111 billion …
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NEW YORK – The U.S. Securities and Exchange Commission rejected proposals to list and trade shares of spot bitcoin exchange-traded funds (ETFs) NYDIG Bitcoin ETF https://www.sec.gov/rules/sro/nysearca/2022/34-94395.pdf and Global X Bitcoin …
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– The VanEck Russia ETF tumbled 24% on Tuesday as the Russia-Ukraine crisis deepened, fanning investor anxiety. The exchange-traded fund has declined about 60% in the past week as investors …
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By David Randall NEW YORK – A new socially focused fund from star stock picker Cathie Wood’s ARK Invest rose 1.5% in its first day of trading Wednesday. The ARK …
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By Karen Pierog CHICAGO – Investors looked to shed some risk in the U.S. corporate bond market on Monday, pushing a fund tracking the high-yield sector to its lowest level …
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SHANGHAI – A Hong Kong-listed China onshore bond fund saw its size jump 10-fold over the past month on strong money inflows, its asset manager said on Tuesday, underscoring growing …