Author: admin

Significant structural tailwinds—including expanding home-office approvals at large broker/dealers—could propel Defined Outcome exchange-traded funds (ETFs) to a five-year compound annual growth rate (CAGR) of 29% to 35%, according to new research from Cerulli Associates. In Cerulli’s high-end projection, assets in the category could more than quadruple by 2030, surpassing $334 billion in assets under management.  Such growth would dramatically exceed the trajectory of the broader ETF ecosystem, which Cerulli expects to grow at a 15% CAGR over the same period. The findings come from Cerulli’s new white paper, The Future of Outcome-Based Investing: How Defined Outcome ETFs Are Poised for Rapid Growth,…

Key Takeaways Crypto investment saw another $1.94 billion in outflows, marking the fourth straight week of redemptions. Bitcoin ETFs led with $1.27 billion in outflows; Ethereum ETFs followed with $589 million. A sharp Friday bounce suggests the market may have hit a local bottom. After a month of unrelenting redemptions, crypto investment products just logged one of their worst outflow streaks in years. However, signs late last week suggest the sell-off may finally be running out of steam. Bitcoin and Ethereum ETFs Lead Another Wave of Outflows According to new data from CoinShares , crypto funds shed $1.94 billion in…

Stablecoin issuer Tether holds 116 tons of physical gold, placing it on par with central banks such as those in South Korea, Hungary and Greece.Tether is “the largest holder of gold outside central banks,” Jefferies wrote in a recent analysis, per a report by the Financial Times. The banking giant added that Tether’s growing appetite for gold may be playing a larger role in the metal’s recent surge than previously assumed.According to Jefferies, Tether’s gold purchases last quarter accounted for nearly 2% of total global gold demand and almost 12% of central bank purchases. The company said that Tether’s aggressive…

The S&P 500 Index ($SPX) (SPY) on Tuesday closed up by +0.91%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up by +1.43%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up by +0.58%.  December E-mini S&P futures (ESZ25) rose +0.90%, and December E-mini Nasdaq futures (NQZ25) rose +0.56%.Stock indexes shook off early losses on Tuesday and settled higher, with the Dow Jones Industrials posting a 1-week high.  Dovish US economic news on Tuesday knocked bond yields lower, strengthened the case for the Fed to cut interest rates at next month’s FOMC meeting, and pushed stocks higher.  Sep retail sales and Sep core PPI…

The absence of a fair trade truce, which involves China loosening its purse strings and easing restrictions on rare earths while still facing US restrictions, raises doubts about the sustainability of any verbal agreements. Magnet sales to the US reportedly reached a nine-month high of 656 tons in October after slumping below 50 tons in May, setting the stage for positive talks. The Kobeissi Letter reported on President Xi’s comments about the call, stating: “China’s President Xi says US-China trade relations maintained positive momentum after his call with President Trump this morning. Xi also adds that the US and China…

Key Takeaways Ethereum’s December Fusaka upgrade could significantly increase network revenue, says Bitwise CIO. Hougan highlighted UNI and XRP as examples of a shift to more economically empowered token designs. Analysts warn of further downturn in the crypto market. Bitwise Asset Management’s Chief Investment Officer, Matt Hougan, says an overlooked technical upgrade coming to Ethereum in December could help position the token to lead a broader crypto rebound in 2026. In a series of X posts this weekend, Hougan argued that investors are missing the significance of fast-advancing “value capture” mechanisms across major digital assets, including ETH, UNI and XRP,…

A crypto airdrop farmer lost more than $112,000 in newly issued tokens after burning the entire reward on failed blockchain transactions.In crypto, a professional airdrop farmer (or squatter) is an entity that interacts with emerging protocols solely for the airdrop rewards, often using multiple wallets to compound the rewards.The cryptocurrency wallet “0x7f4” received approximately $112,700 worth of Monad (MON) tokens as a reward for their previous activity leading up to the launch.In an unfortunate turn of events, the trader lost their entire $112,000 across hundreds of failed blockchain transactions, which all deducted gas fees despite not being completed, according to…

The S&P 500 Index ($SPX) (SPY) on Monday closed up by +1.55%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up by +0.44%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up by +2.62%.  December E-mini S&P futures (ESZ25) rose +1.56%, and December E-mini Nasdaq futures (NQZ25) rose +2.64%.US stock indexes rallied sharply on Monday due to strength in technology stocks and rising expectations for a December Fed interest rate cut.  Semiconductor and AI-infrastructure stocks extended last Friday’s rebound after the sectors retreated on concerns over lofty valuations and whether heavy investment in artificial intelligence will boost profitability.  Also, the strength of the Magnificent…

Bitkub, one of Thailand’s largest cryptocurrency exchanges, is reportedly considering an initial public offering (IPO) abroad amid a downturn in the local stock market.Bitkub is planning to raise $200 million as part of its potential IPO in Hong Kong, Bloomberg reported on Monday, citing anonymous sources familiar with the matter.Founded in 2018, Bitkub is the largest crypto exchange in Thailand, trading around $66 million daily, according to CoinGecko data.The exchange previously considered an IPO in Thailand, targeting a public launch in 2025, which has reportedly been stalled with volatility and uncertainty on the Thai stock market.Thailand’s benchmark index fell to…

Soybeans are trading with firmer action on Friday, with contracts within a penny of unchanged.  The cmdtyView national average Cash Bean price is up 1/2 cent at $10.50 1/2. Soymeal futures are back down steady to 50 cents higher, with Soy Oil futures 35 to 42 points lower. World soybean production was trimmed by 2 MMT according to International Grains Council data, with consumption rising 1 MMT and ending stocks down 2 MMT to 77 MMT.  Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis.  Buenos Aires Grains Exchange data showed soybean planting progressing 12% on…