Tag: Diversified Holding Companies

An Ether futures ETF is next likely step after ProShares watershed bitcoin moment, a former SEC official explains

Hi there! Welcome to the fourth and final installment of Need to Know Crypto Edition, ahead of the launch of a new weekly crypto newsletter “Distributed Ledger,” which will kick off next month. I’m Frances Yue, crypto reporter at MarketWatch, and I’ll walk you through the latest and greatest in digital assets this week so far. […]

Read More

Investment advisers ‘extremely skeptical’ about first U.S. bitcoin ETF: ‘It’s a hard thing for RIAs to recommend an inferior’ crypto product

Happy Sunday! Welcome to the penultimate installment of Need to Know Crypto Edition, ahead of the launch of a new weekly crypto newsletter “Distributed Ledger,” which will kick off next month. I’m Mark DeCambre, managing editor of markets and I’ll walk you through the latest and greatest in digital assets this week so far. There […]

Read More

Here’s a safer way to invest in bitcoin and blockchain technology

Bitcoin and other cryptocurrencies can be among the most volatile securities trading today. A safer way to invest in cryptos and blockchain-technology companies is through exchange traded funds. The Amplify Transformational Data Sharing ETF BLOK is, by far, the largest ETF focused on cryptocurrencies and companies that use or develop blockchain technology. It has $1.3 […]

Read More

Spurred on by the pandemic, more homeowners are selling to iBuyers — avoiding hordes of strangers traipsing around their house

In America’s housing market, it’s good to be an iBuyer. A new report from Zillow ZZG analyzed sales activity among four of the largest instant buyers (or iBuyers) in the country: Zillow Offers, Opendoor OPEN, RedfinNow RDFN and Offerpad OPAD. Not only are these companies seeing record levels of interest in their business model, but […]

Read More

As mortgage rates hover near historic lows, will Americans be able to take advantage of the savings?

Mortgage rates resisted the temptation to move upward after hitting the highest level in months a week ago. But research suggests that many households won’t manage to take advantage of the potential savings the low-rate environment represents. The 30-year fixed-rate mortgage averaged 2.86% for the week ending Aug. 19, down one basis point from the […]

Read More

SoFi stock falls after its first earnings report, as profit outlook comes up short

SoFi Technologies Inc. doubled revenue in its latest quarter, but issued an earnings outlook for the current period that came up lighter than what analysts were anticipating. The company reported a second-quarter net loss of $165.3 million, or 48 cents a share, whereas it recorded net income of $7.8 million a year earlier. Analysts tracked […]

Read More