Franklin Templeton Files for XRP ETF as Cryptocurrency Adoption Grows Among Asset Managers
Franklin Templeton has filed for an exchange-traded fund (ETF) that will track the spot price of XRP, one of the leading cryptocurrencies.
Franklin Templeton has filed for an exchange-traded fund (ETF) that will track the spot price of XRP, one of the leading cryptocurrencies.
(Bloomberg) -- Goldman Sachs Group Inc. strategists lowered their target for the US equity benchmark, and lifted their view on European earnings, in a further sign of growing skepticism on the outlook for the world’s largest economy.Most Read from BloombergNYC Congestion Pricing Toll Gains Support Among City ResidentsTrump DEI Purge Hits Affordable Housing GroupsElectric Construction Equipment Promises a Quiet RevolutionWhere New York City's Zoning Reform Will Add HousingOpen Philanthropy Launch
Gains in BTC came as Senator Cynthia Lummis reintroduced the BITCOIN Act, pushing for the U.S. to scoop up 1 million BTC as a strategic reserve.
The market has likely moved past the narrative that a pro-crypto President is beneficial for the industry, with macro correlations now driving the market.
Saylor, executive chairman of Bitcoin treasury company Strategy, reminds him of it every time they meet, Scaramucci said.
(Bloomberg) -- The veteran head of markets at one of Japan’s largest banks sees the potential for the central bank to raise benchmark interest rates to a three-decade high of 2% if economic trends persist. Most Read from BloombergNYC Congestion Pricing Toll Gains Support Among City ResidentsTrump DEI Purge Hits Affordable Housing GroupsElectric Construction Equipment Promises a Quiet RevolutionWhere New York City's Zoning Reform Will Add HousingOpen Philanthropy Launches $120 Million Fund To Sup
(Bloomberg) -- Improving economic prospects and persistent inflation are likely to prompt Poland’s central bank to keep the country’s interest rates unchanged for yet another month. Most Read from BloombergNYC Congestion Pricing Toll Gains Support Among City ResidentsTrump DEI Purge Hits Affordable Housing GroupsElectric Construction Equipment Promises a Quiet RevolutionWhere New York City's Zoning Reform Will Add HousingOpen Philanthropy Launches $120 Million Fund To Support YIMBY ReformsThe Mo
(Bloomberg) -- The excitement over China’s technology development that pushed the nation’s stocks to outshine their global peers has attracted a substantial inflow of money from retail investors at home.Most Read from BloombergNYC Congestion Pricing Toll Gains Support Among City ResidentsTrump DEI Purge Hits Affordable Housing GroupsElectric Construction Equipment Promises a Quiet RevolutionWhere New York City's Zoning Reform Will Add HousingOpen Philanthropy Launches $120 Million Fund To Suppor
On Polymarket, the probability that Musk will leave the administration by the end of the year spiked as high as 48% on Monday, the day Tesla shares plummeted.
The pain continued for investors on Tuesday, with the Dow falling as much as 700 points after Trump threatened fresh tariffs on Canadian metal imports.