#FIDELITY News

Ethereum ETFs: Here Are All the Applications Awaiting SEC Approval

decrypt.co Following the historic approval of 11 spot Bitcoin exchange-traded funds in January, industry observers are now wondering when the United States Securities and Exchange…

JPMorgan Unveils Its Underwhelming Bitcoin ETF Exposure

coinpedia.org The post JPMorgan Unveils Its Underwhelming Bitcoin ETF Exposure appeared first on Coinpedia Fintech News JP Morgan in its recent filing to the SEC disclosed its Bitcoin ETF…

Bitcoin spot ETFs

ambcrypto.com None Grayscale’s Bitcoin ETF recorded a negative outflow of over $43M, triggering outflows for the other products • None However, Bitcoin’s market wasn’t particularly…

Meesho, an Indian social commerce with 150M transacting users, secures $275M in new funding

techcrunch.com Meesho, a leading e-commerce startup in India with about 150 million transacting users, has secured $275 million in a new funding round, it disclosed in a securities filing.…

Why the US election will decide the fate of Ethereum ETFs

dlnews.com The Securities and Exchange Commission will probably deny applications for Ethereum spot exchange-traded funds on May 23. The lack of meaningful interaction with prospective…

GBTC Outflows Over $100 Million Drag Bitcoin (BTC) Price Down By 3.5%

coingape.com Investor interest in Bitcoin continues to remain subdued with Bitcoin ETFs witnessing a second consecutive day of outflows on Friday, May 10. Outflows from the Grayscale…

Bitcoin ETFs Soar As 3rd Largest US Bank Reveals Ownership In New Filing

bitcoinist.com In a notable development highlighting the increasing interest of traditional financial institutions in Bitcoin (BTC), Wells Fargo, the third-largest bank in the United…

Ark Invest, 21Shares drop staking from spot Ethereum ETF proposal

cryptoslate.com Ark Invest and 21 Shares dropped staking plans in their updated spot Ethereum ETF proposal on May 10. The firms’ previous Feb. 7 filing added a clause detailing that the…

JPMorgan Chase Discloses Investment in Bitcoin ETFs

tftc.io JPMorgan Chase, the largest bank in America, has disclosed its exposure to various spot Bitcoin Exchange-Traded Funds (ETFs) through a recent filing with the Securities and…

JPMorgan Chase Discloses Spot Bitcoin ETF Portfolio

watcher.guru JPMorgan Chase, the largest bank in the US, has disclosed buying spot bitcoin ETFs, according to an SEC filing. JPMorgan disclosed its Bitcoin ETF holdings Friday. The bank…

Wells Fargo Banks Has Invested $143 Million In Bitcoin, Filing Reveals

cryptonews.com Wells Fargo, the third largest bank in the United States, has invested in one of the country’s new Bitcoin ETF products. According to a 13F-HR form submitted on Friday, the…

JPMorgan holds Bitcoin ETFs from BlackRock, Bitwise, Fidelity

cryptobriefing.com JPMorgan holds shares in spot Bitcoin ETFs managed by BlackRock, Bitwise, and Fidelity, as reported by X users Bitcoin Archive and Phoenix News. According to these reports,…

America's Largest Bank JPMorgan Chase Discloses Spot Bitcoin ETF Holdings: SEC Filing

bitcoinmagazine.com JPMorgan Chase, the largest bank in America, has revealed exposure to spot Bitcoin Exchange-Traded Funds (ETFs) in a newly filed document with the Securities and Exchange…

Bitcoin Commencement Speaker Defends Ayahuasca-Fueled Speech, Praises Satoshi

decrypt.co The viral Ohio State University commencement speaker isn’t backing down, despite the negative attention his now-famous speech has received: Chris Pan believes in Bitcoin’s…

Fidelity HSA Review: Is It Any Good?

247wallst.com With skyrocketing healthcare costs, it can help to have a savings fund built to tackle future medical bills. A Health Savings Account (HSA) lets you invest for future…

The 3 Best Blue-Chip Stocks to Buy in May 2024

investorplace.com These are some of the bluest of the blue-chips but they offer investors great value Blue-chip stocks all have common denominators that set them apart from other, lesser…

E*Trade Vs Fidelity: A Full Comparison With Pros And Cons

247wallst.com When it comes to buying and selling stock, you have more options today than ever before. There is a plethora of platforms and brokers that all offer different features,…

Grayscale fought hard for Bitcoin ETFs. Why it won’t bother with Ethereum

dlnews.com Crypto asset manager Grayscale is unlikely to go to war again for Ethereum. Grayscale famously sued the Securities and Exchange Commission in 2022 in a fight to offer…

IBIT and FBTC ETFs hit $10 Billion AUM in weeks, smashing previous record of three years: analyst

theblock.co BlackRock's IBIT and Fidelity's FBTC passed $10 billion AUM in about 49 and 77 trading days respectively.

Three founders launched HR software unicorn Gusto

aol.com Most startup origin stories start with the meeting of the cofounders. But I’d argue these stories begin far earlier, with who those people were long before they met each…

Gusto is cash flow positive

aol.com As a kid, Gusto cofounder and CTO Edward Kim made his mom software for their family’s business. Growing up in Los Angeles, Kim’s dad was a doctor with a small practice, and…

Ethereum April 2024 Headlines: What’s Really Happening with ETH Price Action?

cryptonews.com In this report, we explore and analyze the Ethereum ecosystem and ETH price action in April 2024. Key takeaways: ETH experienced significant price swings in April, reaching…

Bitcoin’s Kimchi Premium Dips by 1.54% amid Market Fluctuation

coinspeaker.com Coinspeaker Bitcoin’s Kimchi Premium Dips by 1.54% amid Market Fluctuation Within the last four weeks, the Bitcoin (BTC) price gap in South Korea, commonly known as the…

Week’s Best: Fidelity Sued Over Alleged Pressure Tactics on Advisors

barrons.com A former advisor with Fidelity Investments is suing the firm, alleging it pressured advisors and branch managers to steer clients into investments that carried steep fees,…

Fidelity Go Robo-Advisor Review: How Does It Stack Up?

247wallst.com Fidelity GO is a robo-advisor service that recommends a diversified portfolio based on your financial goals and automatically manages it for you. It stands out for its zero…

Hong Kong and US ETFs see modest outflows on mixed day

cryptoslate.com Quick Take US ETFs According to the latest Farside data, US Bitcoin exchange-traded funds (ETFs) experienced outflows on May 9, totaling $11.3 million. Notably, the…

Grayscale’s Q1 2024 Earnings Take Hit amid Bitcoin ETF Outflows

coinspeaker.com Coinspeaker Grayscale’s Q1 2024 Earnings Take Hit amid Bitcoin ETF Outflows On Thursday, May 9, Grayscale Investments reported its first-quarter earnings which took a hit…

Grayscale Battling Outflows And Lower-Cost ETFs, Q1 Revenue Stays Flat At $156M

newsbtc.com Grayscale Investments, the issuer of one of the recently approved spot Bitcoin exchange-traded funds (ETFs) in the US, saw flat revenues in the first quarter of the year due…

Why Spot Ether ETFs Will Likely Have to Wait Until After the Presidential Election to Be Approved

unchainedcrypto.com Ethereum spot exchange-traded funds, or ETFs, are facing a rough month. Final decisions are due on the first generation of ETF applications in late May and are widely…

Grayscale’s Quarterly Revenue Stays Flat After Massive Bitcoin Outflows

cryptonews.com Grayscale, the company behind the world’s largest Bitcoin (BTC) ETF, saw flat revenues in Q1 despite non-stop outflows from its world-famous fund throughout the quarter.…

SEC Stifling Innovation by Hindering Ethereum’s Potential in Banking: Joseph Lubin

cryptonews.com Ethereum Co-Founder Joseph Lubin launched scathing criticisms against the Securities and Exchange Commission (SEC) on May 9, accusing the regulatory body of deliberately…

Just-In: DCG’s Q1 Revenue Rises To $229 Million, Grayscale Revenue Remains Flat

coingape.com Grayscale Investments’ parent firm Digital Currency Group has reported an increase in revenue in the 2024 first quarter. DCG saw an 11% increase in revenue to $229 million,…

Fidelity Vs Schwab: Which Low Cost Broker Is Best?

247wallst.com Fidelity and Schwab are two titans in the full-service brokerage space. Both are known for their low fees, wide range of product offerings, and capacity to meet the needs of…

Vanguard vs Fidelity: Which Low-Cost Broker Is Best?

247wallst.com Vanguard and Fidelity are two of the largest and most established brokerages in the country. Both allow you to open brokerage accounts with no minimums. And the two firms…

Where is Crypto on the Product Adoption Curve?

defipm.com Have you ever wondered how new technologies become popular? There's a pattern that many innovations follow, called the product adoption curve, which helps us understand how…

3 US cities drawing more millionaires with lower taxes, cheaper homes, and shorter commutes

businessinsider.com Scottsdale, Arizona. antsdrone/Shutterstock Consulting firm Henley & Partners identified 3 US cities with huge potential for wealth growth. They have faster growth in…

Susquehanna International Group Makes Massive Bitcoin ETF Investment

bitcoinnews.com Susquehanna International Group (SIG), a leading quantitative trading firm, has disclosed a substantial investment in Bitcoin Exchange-Traded Funds (ETFs). The company’s…

Top 3 ‘Forever Cryptos’ to HODL for Long-Term Gains

investorplace.com Savvy investors will capitalize on the current dip, eyeing long-term crypto picks for enduring value in the digital economy Could we be heading towards another crypto crash?…

Bitwise Defies Odd to Emerge as Only Bitcoin ETF with Inflows

coinspeaker.com Coinspeaker Bitwise Defies Odd to Emerge as Only Bitcoin ETF with Inflows The flow situation of spot Bitcoin ETFs seems to be declining daily as Wednesday saw another…

India weighs delaying caps on UPI market share in win for PhonePe, Google Pay

techcrunch.com India’s mobile payments regulator is likely to extend the deadline for imposing market share caps on the popular UPI payments rail by one to two years, sources familiar with…

Why Pantera Capital sees Bitcoin soaring to $114,000 in 2025

dlnews.com Pantera Capital has joined a growing number of finance professionals this year, forecasting a heady price for Bitcoin now that the halving is over. The crypto hedge fund…

Grayscale CEO Says Spot Ethereum ETF Still On The Cards

coingape.com A day after Grayscale withdrew its application for the Ethereum Futures ETF, CEO Michael Sonnenshien stated they had not given up yet. He stated that Grayscale will continue…

Masimo activist director Koffey demands ‘basic’ information on company’s proposed spinoff

cnbc.com Politan Capital's Quentin Koffey sent a letter to Masimo CEO Joe Kiani on Wednesday, demanding information about the health-tech company's proposed spinoff of its consumer…

Revolut Expands Offering To 40 Million Users, Introduces Crypto Exchange Services

bitcoinist.com In a significant move into the digital asset space, British banking app Revolut has unveiled Revolut X, a dedicated crypto trading platform for UK retail customers.…

Grayscale will focus energies on spot Ethereum products, CEO says

dlnews.com Grayscale Investments will focus on converting its Ethereum trust — the world’s largest — to spot exchange-traded products, CEO Michael Sonnenshein said on Wednesday. “At…

Fidelity Pressured Advisors to Sell High-Fee Investments, Lawsuit Claims

barrons.com A former Fidelity Investments financial advisor is suing the company for allegedly firing him for raising concerns that Fidelity was improperly pressuring advisors and…

Mixed Fortunes for US Bitcoin Funds as GBTC Losses Offset Other Gains

news.bitcoin.com Following two days of positive inflows, U.S. spot bitcoin exchange-traded funds (ETFs) experienced a decline, with $15.7 million exiting on Tuesday. Grayscale’s Bitcoin…

Assessing the future of Bitcoin ETFs as Grayscale GBTC sees new inflows

ambcrypto.com None U.S. BTC ETFs saw $156 million in outflows last week amidst market drawdown. • None GBTC saw inflows for two days straight as markets improved. The new U.S. Bitcoin…

Where to Invest $20,000 Right Now

247wallst.com Have $20,000 and wondering where to invest it? The answer isn’t the same for everyone. Depending on your age and risk tolerance, the perfect ETF for you could be completely…

PRESONUS DEBUTS THE ALL-NEW QUANTUM AUDIO INTERFACES

benzinga.com Available in four new models, these industry-leading interfaces empower creators to leap into high-quality audio production BATON ROUGE, La., May 8, 2024 /PRNewswire/ --…

Jefferies-Backed Tradu Launches Fee-Friendly Crypto Exchange

cryptonews.com Tradu, a trading platform owned by Jefferies’ Stratos Group, went live with a new crypto exchange aimed at active traders on Wednesday. Beginning May 8, crypto traders have…

SEC Filing Confirms Susquehanna International Group Invested $1B in Grayscale Bitcoin ETF

coinspeaker.com Coinspeaker SEC Filing Confirms Susquehanna International Group Invested $1B in Grayscale Bitcoin ETF On Tuesday, May 7, Susquehanna International Group submitted the 13F-HR…

Bitcoin Price Prediction as Trillion Dollar Investment Firm Fidelity Says BTC is About to Soar

cryptonews.com Bitcoin Price Prediction Bitcoin (BTC/USD) currently displays a potential bullish outlook, trading at $62,901, reflecting an increase of around 1%. This observation aligns…

Grayscale Withdraws Ether Futures ETF Application Before SEC Decision

cryptonews.com The world’s largest cryptocurrency asset manager Grayscale Investments withdrew its application for an Ether futures exchange-traded fund (ETF) just three weeks before the…

Asset Manager Susquehanna Has $1.8 Billion Locked In Bitcoin ETFs

cryptonews.com Freshly published SEC filings have uncovered a massive Bitcoin whale holding nine-figure funds spread across multiple U.S. Bitcoin ETF products. According to a May 7 13F-HR…

High Networth Bitcoin Whales Accumulating: Will This Buying Spree Push BTC Above $74,000?

bitcoinist.com While Bitcoin continues to trade within the $60,000 to $70,000 range, a new wave of optimism is emerging from on-chain analysis. Willy Woo, an on-chain analyst, took to X on…