-- BlackRock Inc.’s iShares Bitcoin Trust has become the world’s largest fund for the original cryptocurrency, amassing almost $20 billion in total assets since listing in the US at the start of the year.Mortgages Stuck Around 7% Force Rapid Rethink of American Dream
Neither BlackRock nor Grayscale Investments LLC immediately replied to requests for comment outside regular US business hours. Grayscale intends to launch a clone of its main fund, according to a March regulatory filing, and fees are expected to be lower, a person familiar with the matter said at the time.
The group of Bitcoin funds — with assets of $58.5 billion to date — have been hailed as one of the most successful new ETF categories. But critics argue volatile digital assets are ill-suited to widespread adoption, even within ETFs. Stocks splits are usually bullish. Here are 8 expensive stocks that could get a boost by following Nvidia's 10-for-1 move.
Stocks held by ARK Invest's flagship innovation fund have seen huge losses. Here are the fund's 10 biggest losers.
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