ETF

With bitcoin hitting new highs, it’ll likely reach the US$100,000 milestone before 2024 is out

Retrieved on: 
Wednesday, March 13, 2024

Bitcoin has just hit an all-time high of more than US$72,000 (£56,300), pushing past the level of circa US$69,000 where it turned back during its last bull phase in late 2021.

Key Points: 
  • Bitcoin has just hit an all-time high of more than US$72,000 (£56,300), pushing past the level of circa US$69,000 where it turned back during its last bull phase in late 2021.
  • This can often be a time when cryptocurrencies get weaker, so it shows how strong they have been lately.
  • So what has contributed to this explosion in prices and where is the market going for the rest of 2024?

Bitcoin ETFs

  • A total of 11 bitcoin ETFs were approved in the US, and their daily trading volume has now exceeded US$10 billion – driven by frontrunners Blackrock and Fidelity Investments.
  • This demonstrates the large interest from traditional market participants, and as the spot ETFs become more mature, their providers will offer more promotional material and education to get more customers onboard.
  • The cryptocurrency market is always adapting and innovating, and one possible future innovation is the offer of option contracts on the new spot ETFs.
  • However, US regulator the Securities and Exchange Commission (SEC) has just postponed a decision on this innovation until late April.

The bitcoin halving

  • The last halving took place in May 2020, where miners went from receiving 12.5 bitcoin for each unit of work they do to 6.25 bitcoin.
  • Because each halving means less new bitcoin coming on to the market, they have coincided with strong price appreciation in the cryptocurrency.
  • One theory is that the institutions behind the spot ETFs are buying aggressively now because they know there will be less bitcoin on the open market once the halving takes place.

Ethereum prospects

  • Meanwhile, the crypto market could also be boosted by spot ETFs for the ethereum cryptocurrency system in the coming months.
  • While that uncertainty continues, ethereum could be boosted by the so-called Dencun upgrade (also known as Duncan or EIP-4844).
  • Ethereum has competition from other blockchains such as solana and avalanche due to its relatively slow transaction speed and high costs.

Where next

  • The market is very volatile, and often exceeds expectations when it goes up or down.
  • However, the majority of commentators expect crypto prices to keep rising over the coming months.


Andrew Urquhart owns some cryptocurrencies.

AMUNDI ETF –  Important Information – Mergers on Amundi Funds – 05/04/2024

Retrieved on: 
Wednesday, March 13, 2024

They can also be found on Amundi website: Important information: Merger of several ETFs | Amundi ETF Luxembourg | Retail

Key Points: 
  • They can also be found on Amundi website: Important information: Merger of several ETFs | Amundi ETF Luxembourg | Retail
    The Absorbed ETFs below will merge into the Receiving ETFs on 05/04/2024.
  • The receiving tickers in green will be transferred and activated on the merger date, please find the details in the table below.
  • Tickers in green = new tickers, tickers in red = discontinued tickers.
  • Please refer to the Overview section of the Excel file attached for more information.

Amundi Asset Management: AMUNDI ETF – Important Information – Mergers on Amundi Funds – 06/03/2024

Retrieved on: 
Wednesday, March 13, 2024

They can also be found on Amundi website: Important information: Merger of several ETFs | Amundi ETF Luxembourg | Retail

Key Points: 
  • They can also be found on Amundi website: Important information: Merger of several ETFs | Amundi ETF Luxembourg | Retail
    The Absorbed ETFs below will merge into the Receiving ETFs on 06/03/2024.
  • The receiving tickers in green will be transferred and activated on the merger date, please find the details in the table below.
  • Tickers in green = new tickers, tickers in red = discontinued tickers.
  • Characteristics of the Receiving ETFs will remain the same after the effective date.

EQS-News: Berlin based tights label saint sass and Trade Republic join forces on International Women’s Day to raise awareness for the importance of female retirement savings.

Retrieved on: 
Wednesday, March 13, 2024

Berlin based tights label saint sass and Trade Republic join forces on International Women’s Day to raise awareness for the importance of female retirement savings.

Key Points: 
  • Berlin based tights label saint sass and Trade Republic join forces on International Women’s Day to raise awareness for the importance of female retirement savings.
  • Female founded tights label saint sass is releasing the limited tights on March 8th, The International Women’s Day, featuring the statement “RETIRE RICH”.
  • Trade Republic data, across its 4 million customers, shows that women are better investors, achieving on average 2% higher returns than male investors.
  • Now, tights label saint sass and Europe's largest savings platform, Trade Republic, are joining forces to promote and foster capital markets participation among women.

TD Asset Management: Innovating Dividend ETFs with a Quantitative Approach

Retrieved on: 
Monday, March 11, 2024

Vancouver, British Columbia--(Newsfile Corp. - March 11, 2024) - TD Asset Management - is revolutionizing the dividend ETF market by focusing on income-generation for investors.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - March 11, 2024) - TD Asset Management - is revolutionizing the dividend ETF market by focusing on income-generation for investors.
  • Departing from traditional passive approaches, TDAM leverages a quantitative strategy to identify high-quality dividend-paying stocks capable of maintaining their payouts.
  • This innovative, systematic approach prioritizes empirical data over subjective beliefs, ensuring investment decisions are evidence-based.
  • By utilizing historical data to inform future investment strategies, TDAM offers investors a distinctive opportunity to capitalize on their dedication to quality in today's market.

Spirit Blockchain Capital and Troon Technologies Announce Collaboration with Alvara on ERC-7621 Token Standard Development

Retrieved on: 
Monday, March 11, 2024

Vancouver, British Columbia, March 11, 2024 (GLOBE NEWSWIRE) -- In a collaborative effort, Spirit Blockchain Capital (CSE: SPIR), together with its subsidiary Troon Technologies, has partnered with software development firm Alvara to further the development of the ERC-7621 Token Standard, a new initiative aimed at enhancing blockchain-based fund management for institutional clients. This partnership marks a strategic move towards the integration of innovative blockchain solutions within the financial sector.

Key Points: 
  • The ERC-7621 Token Standard is designed to facilitate the creation of on-chain, multi-asset tokenized baskets, offering a new framework for managing investment portfolios.
  • Utilizing the Ethereum blockchain, the ERC-7621 Token Standard aims to bridge the gap between the flexibility of blockchain technology and the needs of traditional investment vehicles.
  • The collaboration between Spirit Blockchain Capital, Troon Technologies, and Alvara is focused on leveraging the technical and operational expertise of each entity to realize the full potential of the ERC-7621 Token Standard.
  • "In collaboration with Alvara, we're focusing on the technical nuances of the ERC-7621 Token Standard to fundamentally transform fund management practices.

DefiQuant Capitalizes on Bitcoin's Market Dynamics with Advanced Automated Trading Solutions

Retrieved on: 
Sunday, March 10, 2024

Yet, in this environment of uncertainty, DefiQuant sees an opportunity for investors to leverage automated trading bots to navigate the market's highs and lows effectively.

Key Points: 
  • Yet, in this environment of uncertainty, DefiQuant sees an opportunity for investors to leverage automated trading bots to navigate the market's highs and lows effectively.
  • DefiQuant positions its automated trading bots at the forefront of this shift, providing a robust solution for investors drawn to the crypto space by recent developments.
  • Investors interested in leveraging DefiQuant's automated trading solutions to capitalize on the opportunities presented by Bitcoin's volatility and the growth of the crypto market are invited to explore the platform's offerings.
  • With its commitment to innovation, security, and user support, DefiQuant is poised to lead the way in automated crypto trading .

New Meme Leaders Emerge From Upcoming Base Chain

Retrieved on: 
Saturday, March 9, 2024

With Bitcoin smashing through all-time highs, ETF approvals flooding in, and notable gains leaving even seasoned Blackrock managers astonished, the excitement is palpable.

Key Points: 
  • With Bitcoin smashing through all-time highs, ETF approvals flooding in, and notable gains leaving even seasoned Blackrock managers astonished, the excitement is palpable.
  • Naturally retail has flocked back to the game, especially to well-known memecoin leaders like DOGE, SHIBA, WIF, PEPE, and FLOKI.
  • The untapped potential for a meme leader on Basechain is beaming with BRETT hitting 200M this first week of March.
  • First leader + new chain is a potential recipe for another name to be added to the list of meme legends of the crypto space.